REG - Aura Energy Limited - Appointment of Broker

Aura EnergyAnnouncement

13/12/2024 07:00

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RNS Number : 0211Q  Aura Energy Limited  13 December 2024

 
                                                                                                                        13 December 2024

 

 Change of Broker

Aura Energy Limited (ASX: AEE, AIM: AURA) ('Aura' or the 'Company') announces
that the Company has appointed Tamesis Partners LLP as its sole broker on AIM.

Tamesis Partners is a specialist equity capital markets (ECM), project finance
and advisory house with a focus on the mining sector. Based in London, the
firm supports businesses operating in the global metals and mining industry
with project finance and mergers and acquisitions (M&A) advisory services,
research, corporate broking and capital raising activities. Collectively,
Tamesis' senior team has decades of shared experience in mining finance gained
at market leading firms.

SP Angel Corporate Finance LLP will continue as the Company's Nominated
Adviser on AIM.

 

ENDS

 

For further information, please contact:

 Andrew Grove                                   SP Angel Corporate Finance LLP  Tamesis Partners LLP

 Managing Director and CEO                      Nominated Adviser               Broker

 Aura Energy Limited                            David Hignell                   Charlie Bendon

 agrove@auraee.com (mailto:Agrove@auraee.com)   Adam Cowl                       Richard Greenfield

 +61 414 011 383                                Devik Mehta                     +44 203 882 2868

                                                +44 203 470 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. 2024 FEED
Study 1  and Updated Production Target 2  demonstrated Tiris to be a near-term
low-cost 2Mlbs U(3)O(8) pa future uranium mine with a 25-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") 3 
and uranium 4  resource. Utilising only 3% of the resource, a 2023 Scoping
Study 5  outlined a 17-year mine life based on mining 3.5Mtpa.

 

 1  ASX and AIM Release: 28 Feb 2024 - FEED study confirms excellent economics
for the Tiris Uranium Project

 2  ASX and AIM Release: 11 Sept 2024 - Updated Production Target improves
economics at Tiris Uranium Project

 3  ASX and AIM Release: 10 Oct 2019 - Häggån Battery Metal Project Resource
Upgrade Estimate

 4  ASX and AIM Release: 22 Aug 2012 - Outstanding Häggån Uranium Resource
expands to 800 million pounds

 5  ASX and AIM Release: 5 Sept 2023 - Scoping Study Confirms Scale and
Optionality of Häggån

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