Aura Energy Limited - Appointment of Ousmane Kane to Aura Energy Board

Aura Energy

10/07/2025 07:00

RNS Number : 5232Q

Aura Energy Limited

10 July 2025

 

 

 

                                                                                                            10 July 2025

Appointment of Ousmane Mamoudou Kane to

Aura Energy Board

Aura Energy Limited (ASX: AEE, AIM: AURA) ('Aura' or the 'Company') is pleased to announce the appointment of Mr Ousmane Mamoudou Kane to the Board of Directors as an independent Non-Executive Director, effective immediately to further strengthen Aura's team as it progresses towards development of the Tiris Uranium Project.

Mr Kane served as Mauritania's Finance Minister and Minister of Economic Affairs and Promotion of Productive Sectors. His distinguished career includes Governor of the Central Bank of Mauritania, CEO of SNIM the state-owned iron ore miner, senior advisor to head of state, Vice-President African Development Bank and roles in international finance, economic reform, and government policy, as well as deep engagement with Africa's development and infrastructure agenda.

Mr Kane brings over three decades of experience across both the public and private sectors. His expertise in economic policy, investment strategy, and regional development will be invaluable as Aura advances the Tiris Uranium Project toward development.

Aura Executive Chair Phil Mitchell said:

"Ousmane is an eminent Mauritanian leader and statesman who brings a deep understanding of our host nation, its communities and people together with a depth of financial knowledge and extraordinary wisdom. His experience and wisdom will significantly strengthen our board.  Ousmane is committed to ensuring that the Tiris project is brought to fruition successfully and we welcome him as a director."

Mr Ousmane Kane said:

"I am honoured to join a great team to contribute to the development of an important mining project in my country. This gives me a wonderful new challenge I am delighted to tackle collectively with my new colleagues."

Aura Energy Managing Director and Chief Executive Officer, Andrew Grove said:

"We are honoured to welcome Mr Kane to the Aura Board. His depth of experience in economic development and investment strategy within Mauritania and across Africa adds significant strength to Aura as we continue to progress Tiris into production. This appointment reflects our commitment to strong local partnerships and a long-term vision of sustainable development in Mauritania."

This appointment further reinforces Aura's engagement in Mauritania as a partner in delivering long-term economic value through the development of the Tiris Project.

Aura Energy will seek to leverage Mr Kane's strategic insights and networks to support government collaboration, funding efforts, and responsible project delivery aligned with global ESG standards.

 

AIM Rules disclosures

The following information is disclosed pursuant to Rule 17 and Schedule Two Paragraph (g) of the AIM Rules for Companies in relation to Ousmane Mamoudou Kane, aged 70.

Current Directorships
Directorships held in the previous five years
GBM (Générale des Banques de Mauritanie)
TMLSA
Algold Resources Ltd
ENCO & Associés
Liberia Mofe Creek Mining

There are no further disclosures required to be made in respect of the appointment of Mr Kane under AIM Rule 17 and Schedule 2(g) of the AIM Rules for Companies.

 

ENDS

 

 

Authorisation for release

This announcement is authorised for release by the Board of Aura Energy Limited.

This Announcement contains inside information for the purposes of the UK version of the market abuse regulation (EU No. 596/2014) as it forms part of United Kingdom domestic law by virtue of the European Union (Withdrawal) Act 2018 ("UK MAR").

For further information, please contact:

Philip Mitchell
Executive Chair
Aura Energy Limited
pmitchell@auraee.com
+44 78 2481 5516
Andrew Grove
Managing Director and CEO
Aura Energy Limited
agrove@auraee.com
+61 414 011 383
SP Angel Corporate Finance LLP
Nominated Adviser
David Hignell
Adam Cowl
Devik Mehta
+44 203 470 0470
Tamesis Partners LLP
Broker
Charlie Bendon
Richard Greenfield
+44 203 882 2868

 

About Aura Energy (ASX: AEE, AIM: AURA) 

Aura Energy Limited (ASX:AEE, AIM:AURA) is an Australian-based company focused on the development of uranium and battery metals to support a cleaner energy future.

Aura is advancing two key projects:

§ Tiris Uranium Project, Mauritania - A fully permitted, near-term development asset with a potential long mine life. 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

§ Häggån Polymetallic Project, Sweden - A globally significant deposit containing vanadium, sulphate of potash, and uranium with potential long-term value

Aura is committed to creating value for host nations, local communities, and shareholders through responsible and sustainable resource development.

 

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