REG - Aura Energy Limited - Holding(s) in Company

Aura EnergyAnnouncement

11/04/2024 11:30

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RNS Number : 2916K  Aura Energy Limited  11 April 2024

                                                                                                            11 April 2024
 Aura Energy Limited

("Aura" or the "Company")

 Holdings in Company

 

 

Aura Energy Limited (ASX:AEE, AIM:AURA) ("Aura", the "Company") a company
focused on the development of the 85% owned Tiris Uranium Project, Mauritania
("Tiris", or the "Project"), has received a notification that Macquarie Bank
Limited and its controlled entities (the "Macquarie Group Entities") are the
beneficial holders of 106,491,231 ordinary shares, representing 14.77 per cent
of the Company's issued share capital and voting rights.

MM Asset Management Inc's interest in the Company is via a cash settled equity
swap position with Macquarie Bank Limited, over the Macquarie Group Entities
beneficial holding in the Company.

MM Asset Management Inc currently holds a cash settled equity swap position
over 112,092,127 ordinary shares in the Company, representing 15.54 per cent
of the Company's issued share capital and voting rights, which are
beneficially owned by the Macquarie Group Entities.

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

 Grant Barker

 +44 (0) 203 470 0470

 

     About Aura Energy (ASX:AEE, AIM:AURA)
     Aura Energy is an Australian-based minerals company with two major projects,
     the Tiris

     Uranium Project in Mauritania, and the Häggån Polymetallic Project in
     Sweden.

     The Company is primarily focused on proceeding to first uranium production
     from the

     Tiris Uranium Project (Aura owns 85%), a major greenfields uranium discovery.
     A recent

     Enhanced Feasibility Study increased the project NPV significantly and
     reconfirmed Tiris as

     one of the lowest capex, lowest operating cost uranium projects that remains

     undeveloped in the world. The Company holds Offtake Financing Agreements with
     Curzon

     and is in the process of negotiating additional offtake arrangements.

     Aura also holds 100% of the Häggån Polymetallic Project, one of the world's
     largest

     undeveloped vanadium resources with significant by-products credits possible
     in nickel,

     zinc, molybdenum, uranium and sulphate of potash.

     In 2023, Aura will continue the 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)

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

 

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

     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)

     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)

 
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)

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

 

 

 

 

 

 

 

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