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

Aura EnergyAnnouncement

09/10/2024 09:45

For best results when printing this announcement, please click on link below:
http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20241009:nRSI5386Ha&default-theme=true

RNS Number : 5386H  Aura Energy Limited  09 October 2024

 
9 October 2024

 

 Holdings in Company

Aura Energy Limited (ASX: AEE, AIM: AURA) ("Aura" or the "Company"), has
received notification that Lind Global Fund II LP, Lind Global Macro Fund LP,
Lind Global Asset Management VII and The Lind Partners LLC (together "Lind")
now hold 70,993,107 ordinary shares, representing 8.37 per cent. of the
Company's issued share capital and voting rights.

 

Further information is included in the linked
notice: http://www.rns-pdf.londonstockexchange.com/rns/5386H_1-2024-10-9.pdf
(http://www.rns-pdf.londonstockexchange.com/rns/5386H_1-2024-10-9.pdf)

 

ENDS

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. The updated 2024
FEED Study, demonstrated Tiris to be a near-term low-cost 2Mlbs U(3)O(8) pa
near term 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")
and uranium resource. Utilising only 3% of the resource, a 2023 Scoping Study
outlined a 17-year mine life based on mining 3.5Mtpa.

Utilising only 3% of the resource, a 2023 Scoping Study outlined a 27-year
mine life based on mining 3.5Mtpa.

Disclaimer Regarding Forward-Looking Statements

This ASX announcement (Announcement) contains various forward-looking
statements. All statements other than statements of historical fact are
forward-looking statements. Forward-looking statements are inherently subject
to uncertainties in that they may be affected by a variety of known and
unknown risks, variables and factors which could cause actual values or
results, performance or achievements to differ materially from the
expectations described in such forward-looking statements. The Company does
not give any assurance or guarantee that the anticipated
results, performance or achievements expressed or implied in those
forward-looking statements will be achieved.

 

The Company has concluded that it has a reasonable basis for providing the
forward-looking statements and production targets included in this
announcement and that material assumptions remain unchanged. The detailed
reasons for this conclusion are outlined in the ASX Releases, "Scoping Study
Confirms Scale and Optionality of Häggån", 5 September 2023; "Aura's Tiris
FEED Study returns Excellent Economics" 28 February 2024; and "Tiris Uranium
Project Enhanced Definitive Feasibility Study", 29 March 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  HOLMLBPTMTJMMBI