REG - Aura Energy Limited - Issue of Equity

Aura EnergyAnnouncement

03/07/2024 09:30

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RNS Number : 9727U  Aura Energy Limited  03 July 2024

                                                                                                                             3 July 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 listed options ("New Shares").

Application will be made for 23,330,614 New Shares respectively to be admitted
to trading on AIM ("Admission"). It is expected that Admission will become
effective on or around 10 July 2024.

 

Total Voting Rights

Following the issue of the 23,330,614 New Shares, the total issued share
capital of the Company will consist of 787,089,409 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 787,089,409 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                                                  SP Angel Corporate Finance LLP

 Managing Director and CEO                                                                                         Morrow Sadali                                              (Nominated Advisor and Broker)

 Aura Energy Limited                                                                                               Investor & Media Relations                                 David Hignell

 info@auraenergy.com.au                                                                                            p.ryan@morrowsodali.com (mailto:p.ryan@morrowsodali.com)   Kasia Brzozowska
 (mailto:info@auraenergy.com.au?subject=Aura%20Energy%20(ASX:AEE)%20-%20Shareholder%20/%20Investor%20Enquiry)

                                                                                                                 +61 409 296 511                                            +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 U(3)O(8) 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://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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