Aura Energy Limited Holding(s) in Company
July 16 2024 - 6:34AM
RNS Regulatory News
RNS Number : 6254W
Aura Energy Limited
16 July 2024
16
July 2024
Aura Energy Limited
("Aura"
or the "Company")
Holdings in
Company
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Aura Energy Limited (ASX:AEE, AIM:AURA) ("Aura", the "Company") a company focused on the
development of the 85% owned Tiris Uranium Project, Mauritania
("Tiris", or the "Project"), has received a notification that Asean
Deep Value Fund is now the beneficial holder of 68.849,699 ordinary
shares, representing 8.75 per cent of the Company's issued share
capital and voting rights.
The corresponding ASX Notification
can be viewed via the following link :http://www.rns-pdf.londonstockexchange.com/rns/6254W_1-2024-7-16.pdf
For
Further Information, please contact:
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Andrew Grove
Managing Director and CEO
Aura Energy Limited
info@auraenergy.com.au
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Paul Ryan
Morrow Sadali
Investor & Media
Relations
p.ryan@morrowsodali.com
+61 409 296 511
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SP Angel Corporate Finance
LLP
(Nominated Advisor and
Broker)
David Hignell
Kasia Brzozowska
Grant Barker
+44 (0) 203 470 0470
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About Aura Energy (ASX:AEE, AIM:AURA)
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Aura Energy is an Australian-based
mineral company with major uranium and polymetallic projects in
Africa and Europe.
The Company is focused on developing
a uranium mine at the Tiris Uranium Project, a major greenfield
uranium discovery in Mauritania. The February 2024 FEED study
demonstrated Tiris to be a near-term low-cost 2Mlbs
U3O8 p.a near term uranium mine with a
17-year mine life with excellent economics and optionality to
expand to accommodate future resource growth.
Aura plans to transition from a
uranium explorer to a uranium producer to capitalise on the rapidly
growing demand for nuclear power as the world shifts towards a
decarbonised energy sector.
Beyond the Tiris Project, Aura owns
100% of the Häggån Project in Sweden. Häggån contains a
global-scale 2.5Bt vanadium, sulphate of potash ("SOP") and uranium
resource. Utilising only 3% of the resource, a 2023 Scoping Study
outlined a 27-year mine life based on mining 3.5Mtpa.
@AuraEnergyAEE
https://www.linkedin.com/company/aura-energy-limited
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END
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