REG - Aura Energy Limited - Appendix 3B

Aura EnergyAnnouncement

18/03/2024 10:45

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RNS Number : 2323H  Aura Energy Limited  18 March 2024

 
                                                                                                                18 March 2024
 Appendix 3B

Aura Energy Limited (ASX: AEE, AIM: AURA) ("Aura" or the "Company") advises
that two Appendix 3B (Proposed Issue of Securities) forms have been filed with
the Australian Securities Exchange ("ASX") pursuant to the A$16 million
placement announced on 18 March 2024.

To view the first Appendix 3B click here:
http://www.rns-pdf.londonstockexchange.com/rns/2323H_1-2024-3-18.pdf
(http://www.rns-pdf.londonstockexchange.com/rns/2323H_1-2024-3-18.pdf)

To view the second Appendix 3B click here:
http://www.rns-pdf.londonstockexchange.com/rns/2323H_2-2024-3-18.pdf
(http://www.rns-pdf.londonstockexchange.com/rns/2323H_2-2024-3-18.pdf)

Each of the above forms are also available on the Company's website:
https://www.auraenergy.com.au/investor-centre/#asx
(https://www.auraenergy.com.au/investor-centre/#asx) .

ENDS

The Managing Director & CEO of Aura Energy Ltd has approved this
announcement.

For further information, please contact:

 Andrew Grove                                   Paul Ryan                                                  SP Angel Corporate Finance LLP

 Managing Director and CEO                      Citadel-MAGNUS                                             Nominated Advisor and Broker

 Aura Energy Limited                            Investor & Media Relations                                 David Hignell

 agrove@auraee.com (mailto:Agrove@auraee.com)   pryan@citadelmagnus.com (mailto:pryan@citadelmagnus.com)   Kasia Brzozowska

 +61 414 011 383                                +61 409 296 511                                            Grant Barker

                                                                                                           +44 (0) 203 470 0470

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

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 pa near
term uranium mine with a 17-year mine life with excellent economics and
optionality to expand to accommodate 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.

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