REG - Aura Energy Limited - Appendix 3B

Aura EnergyAnnouncement

31/10/2024 09:30

For best results when printing this announcement, please click on link below:
https://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20241031:nRSe4105Ka&default-theme=true

RNS Number : 4105K  Aura Energy Limited  31 October 2024

31 October 2024

Aura Energy Limited

("Aura" or the "Company")

Appendix 3B

 

Aura Energy Limited (ASX: AEE, AIM: AURA) ("Aura", the "Company") advises that
an Appendix 3B (Proposed Issue of Options) form has been filled with the
Australian Securities Exchange ("ASX") pursuant to the proposed grant of
options to the Directors of the Company, further details of which are included
in the Notice of Annual General Meeting as announced on 25 October 2024.

To view the Appendix 3B, click here:
http://www.rns-pdf.londonstockexchange.com/rns/4105K_1-2024-10-31.pdf
(http://www.rns-pdf.londonstockexchange.com/rns/4105K_1-2024-10-31.pdf)

The above forms are also available on the Company's website:
https://auraenergy.com.au/investor-centre/
(https://auraenergy.com.au/investor-centre/)

ENDS

The Managing Director and 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                      Sodali & Co                                          Nominated Advisor and Broker

 Aura Energy Limited                            Investor & Media Relations                           David Hignell

 agrove@auraee.com (mailto:Agrove@auraee.com)   paul.ryan@sodali.com (mailto:paul.ryan@sodali.com)   Adam Cowl

 +61 414 011 383                                +61 409 296 511                                      Devik Mehta

                                                                                                     Grant Barker

                                                                                                     +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  (#_ftn1) and Updated Production Target 2  (#_ftn2) 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 
(#_ftn3) and uranium 4  (#_ftn4) resource. Utilising only 3% of the resource,
a 2023 Scoping Study 5  (#_ftn5) outlined a 17-year mine life based on mining
3.5Mtpa.

 

 

 

 1  (#_ftnref1) ASX and AIM Release: 28 Feb 2024 - FEED study confirms
excellent economics for the Tiris Uranium Project

 

 2  (#_ftnref2) ASX and AIM Release: 11 Sept 2024 - Updated Production Target
improves economics at Tiris Uranium Project

 

 3  (#_ftnref3) ASX and AIM Release: "Häggån Battery Metal Project Resource
Upgrade Estimate" 10 Oct 2019

 

 4  (#_ftnref4) ASX and AIM Release: "Outstanding Häggån Uranium Resource
expands to 800 million pounds" 22 Aug 2012

 

 5  (#_ftnref5) ASX and AIM Release: "Scoping Study Confirms Scale and
Optionality of Häggån" 5 Sept 2023

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
.   END  MSCMBBLTMTBJMFI