REG - Aura Energy Limited - Issue of Equity

Aura EnergyAnnouncement

06/03/2024 07:45

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RNS Number : 7861F  Aura Energy Limited  06 March 2024

                                                                                                                              6 March 2024
 Aura Energy Limited

("Aura" or the "Company")

 Issue of Equity

 

 

Aura Energy Limited (ASX:AEE, AIM:AURA) ("Aura", the "Company") advises that
an Appendix 2A (Application for quotation of securities) has been filed with
the Australian Securities Exchange ("ASX") and is available on the Company's
website: https://auraenergy.com.au/investor-centre/asx-announcements/
(https://auraenergy.com.au/investor-centre/asx-announcements/)

The Company has issued ordinary shares at an exercise price of A$0.052 each
arising from an exercise of options ("New Shares").

Application will be made for the 5,114,023 New Shares to be admitted to
trading on AIM ("Admission"). It is expected that Admission will become
effective on or around 13 February 2024.

 

Total Voting Rights

Following the issue of the 5,114,023 New Shares, the total issued share
capital of the Company will consist of 630,484,669 ordinary shares of no par
value each ("Ordinary Shares"). The Company does not hold any Ordinary Shares
in Treasury. Therefore, the total current voting rights in the Company
following Admission will be 630,484,669 and this figure may be used by
shareholders in the Company as the denominator for the calculations by which
they will determine if they are required to notify their interest in, or a
change in their interest in, the share capital of the Company under the FCA's
Disclosure Guidance and Transparency Rules.

For Further Information, please contact:

 Andrew Grove                                                                                                      Paul Ryan

 Managing Director and CEO                                                                                         Citadel-MAGNUS

 Aura Energy Limited                                                                                               Investor & Media Relations

 info@auraenergy.com.au                                                                                            Pryan@citadelmagnus.com (mailto:Pryan@citadelmagnus.com)
 (mailto:info@auraenergy.com.au?subject=Aura%20Energy%20(ASX:AEE)%20-%20Shareholder%20/%20Investor%20Enquiry)

                                                                                                                 +61 409 296 511

 SP Angel Corporate Finance LLP

 (Nominated Advisor and Broker)

 David Hignell

 Kasia Brzozowska

 +44 (0) 203 470 0470

                                                          About Aura Energy (ASX:AEE, AIM:AURA)
                                                          Aura Energy is an Australian-based minerals company that has major uranium and
                                                          polymetallic projects with large resources in Africa and Europe. The Company
                                                          is now focused on uranium production from the Tiris Project, a major
                                                          greenfield uranium discovery in Mauritania.

                                                          A recent Enhanced Feasibility Study has increased the project NPV
                                                          significantly which reconfirms Tiris as one of the lowest capex, lowest
                                                          operating cost uranium projects that remain undeveloped in the world.

                                                          In October 2021, the Company entered a US$10m Offtake Financing Agreement with
                                                          Curzon, which includes an additional up to US$10m facility, bringing the
                                                          maximum available under the agreement to US$20m.

                                                          In 2023, Aura will continue to transition from a uranium explorer to a uranium
                                                          producer, to capitalise on the rapidly growing demand for nuclear power as the
                                                          world continues to shift towards a decarbonised energy sector.

 

 
                                                          @AuraEnergyAEE (https://twitter.com/aee_auraenergy)

 

 
                                                          https://www.linkedin.com/company/aura-energy-limited (https://www.linkedin.com/company/aura-energy-limited)

                                                                           Subscribe for Investor Updates
                                                          (https://www.auraenergy.com.au/#subscribe)

 

 

 

 
@AuraEnergyAEE (https://twitter.com/aee_auraenergy)

 

 
https://www.linkedin.com/company/aura-energy-limited (https://www.linkedin.com/company/aura-energy-limited)

                 Subscribe for Investor Updates
(https://www.auraenergy.com.au/#subscribe)

 

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