REG - Aura Energy Limited - Appendix 3G

Aura EnergyAnnouncement

29/11/2024 11:15

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RNS Number : 2153O  Aura Energy Limited  29 November 2024

 
                                                                                                                        29 November 2024

 

 Appendix 3G

Aura Energy Limited (ASX: AEE, AIM: AURA) ("Aura", the "Company") a company
focused on the development of the 85% owned Tiris Uranium Project in
Mauritania and the 100% owned Häggån Polymetallic Project in Sweden, advises
that an Appendix 3G - (notification of issue, conversion or payment up of
unquoted equity securities) form has been filed with the Australian Securities
Exchange ("ASX") pursuant to the passing of resolutions 8 - 13 at the Annual
General Meeting held on 26 November 2024, and resultant grant of options to
Directors of the Company.

 

The number of options granted are listed below:

 

 Director         Number of options granted
 Andrew Grove     6,441,860
 Philip Mitchell  465,116
 Bryan Dixon      310,078
 Patrick Mutz     310,078
 Warren Mundine   310,078

 

Further details of the options are included in the Notice of Annual General
Meeting as announced on 25 October 2024.

 

To view the Appendix 3G, click here:
http://www.rns-pdf.londonstockexchange.com/rns/2153O_1-2024-11-29.pdf
(http://www.rns-pdf.londonstockexchange.com/rns/2153O_1-2024-11-29.pdf)

 

The above form is also available to vie on the Company's website:
https://auraenergy.com.au/investor-centre/
(https://auraenergy.com.au/investor-centre/)

 

 

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.

 

NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS DISCHARGING
MANAGERIAL RESPONSIBILITIES AND PERSONS CLOSELY ASSOCIATED WITH THEM

 

 1.  Details of the person discharging managerial responsibilities / person closely
     associated
 a)  Name(s)                                                      1) Philip Mitchell

                                                                  2) Bryan Dixon

                                                                  3) Patrick Mutz

                                                                  4) Warren Mundine

                                                                  5) Andrew Grove
 2.  Reason for the Notification
 a)  Position / Status                                            1)   Non-Executive Chairman

                                                                  2)   Non-Executive Director

                                                                  3)   Non-Executive Director

                                                                  4)   Non-Executive Director

                                                                  5)   Managing Director and CEO
 b)  Initial notification / Amendment                             Initial notification
 3.  Details of the issuer, emission allowance market participant, auction
     platform, auctioneer or auction monitor
 a)  Name                                                         Aura Energy Limited
 b)  LEI                                                          5493003D06RIWBKIKA27
 4.  Details of the transaction(s): section to be repeated for (i) each type of
     instrument; (ii) each type of transaction; (iii) each date; and (iv) each
     place where transactions have been conducted.
 a)  Description of the Financial instrument, type of instrument  Shares of no par value each

     ISIN

                                                                  AU000000AEE7

 b)  Nature of the transaction                                    Grant of options
 c)  Price(s) and volume(s)                                       Name             Price       Volume
                                                                  Philip Mitchell  0.00 pence  465,116
                                                                  Bryan Dixon      0.00 pence  310,078
                                                                  Patrick Mutz     0.00 pence  310,078
                                                                  Warren Mundine   0.00 pence  310,078
                                                                  Andrew Grove     0.00 pence  6,441,860
 d)  Aggregated information:                                      See 4c above

     ·      Aggregated volume

     ·      Price
 e)  Date of the transaction                                      29 November 2024
 f)  Place of the Transaction                                     Outside a trading venue

d)

Aggregated information:

·      Aggregated volume

·      Price

See 4c above

e)

Date of the transaction

29 November 2024

f)

Place of the Transaction

Outside a trading venue

 

 

 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: 10 Oct 2019 - Häggån Battery Metal
Project Resource Upgrade Estimate

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

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

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