REG - Aura Energy Limited - Results from Aura Energy Limited General Meeting

Aura EnergyAnnouncement

22/05/2024 12:00

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RNS Number : 4897P  Aura Energy Limited  22 May 2024

 
                                                                                                          22 May 2024

 

Results from Aura Energy Limited General Meeting

Aura Energy Limited (ASX:AEE, AIM:AURA) ("Aura", the "Company") advises that
all resolutions contained in the Notice of General Meeting dated 19 April
2024, were carried by poll at the Company's General Meeting ("GM") held
yesterday.

The GM was held, inter alia, to approve the issue of Shares and Options to two
Persons Discharging Managerial Responsibilities PDMR): Andrew Grove and Philip
Mitchell, in line with the Company's announcements of 23 April 2024 and 15
April 2024.

Application has been made for 11,833,330 ordinary shares of no par value each
in the Company ("Ordinary Shares") to be admitted to trading on AIM, which is
expected to commence on or around 30 May 2024 ("Admission").

On Admission, Andrew Grove and Philip Mitchell will hold a beneficial interest
in 555,556 and 166,666  Ordinary Shares respectively, representing 0.078% and
0.23% per cent of the total issued share capital of the Company as at 30 May
2024.

In accordance with ASX Listing Rule 3.13.2 and section 251AA of the
Corporations Act, details of the proxies received, votes cast and the outcome
in respect of each resolution, please refer to Results of General Meeting
(https://www.investi.com.au/api/announcements/aee/428858a5-428.pdf) .

Total voting rights

Following the issue and Admission of the 11,833,330 new Ordinary Shares, the
Company's total issued share capital will consist of 752,598,983 Ordinary
Shares. No shares are held in treasury. Accordingly, the total number of
voting rights in the Company will be 752,598,983.

The above 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 Financial Conduct Authority's Disclosure Guidance and
Transparency Rules.

 

ENDS

This announcement is approved for release by the Managing Director & CEO.

This Announcement contains inside information for the purposes of the UK
version of the market abuse regulation (EU No. 596/2014) as it forms part of
United Kingdom domestic law by virtue of the European Union (Withdrawal) Act
2018 ("UK MAR").

For further information, please contact:

 Andrew Grove                                   Paul Ryan                                                  SP Angel Corporate Finance LLP

 Managing Director and CEO                      Morrow Sodali                                              Nominated Advisor and Broker

 Aura Energy Limited                            Investor & Media Relations                                 David Hignell

 agrove@auraee.com (mailto:Agrove@auraee.com)   p.ryan@morrowsodali.com (mailto:p.ryan@morrowsodali.com)   Kasia Brzozowska

 +61 414 011 383                                +61 409 296 511                                            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 February 2024
FEED study demonstrated Tiris to be a near-term low-cost 2Mlbs U(3)O(8) pa
near term uranium mine with a 17-year mine life with excellent economics and
optionality to expand to accommodate 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.

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.

 

Notification of transaction by Person Discharging Managerial Responsibilities
("PDMR")

 

 1   Details of the person discharging managerial responsibilities/person closely
     associated
 a)  Name                                                         1)    Andrew Grove

                                                                  2)    Philip Mitchell
 2   Reason for the notification
 a)  Position/status                                              1)    Managing Director and CEO

                                                                  2)    Non-Executive Chairman
 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  Ordinary Shares of no par value each in the Company AU000000AEE7

     Identification code
 b)  Nature of the transaction                                    Participation in fundraise
 c)  Price(s) and volume(s)                                       Price                       Volume
                                                                  1)    A$0.18 (£0.0936)      555,556
                                                                  2)    A$0.18 (£0.0936)      166,666
 d)  Aggregated information                                       Price                       Aggregated Volume
                                                                  1)    A$0.18 (£0.0936)      555,556
                                                                  2)    A$0.18 (£0.0936)      166,666
 e)  Date of the transaction                                      21 May 2024
 f)  Place of the transaction                                     Outside a Trading Venue

d)

Aggregated information

 Price                       Aggregated Volume
 1)    A$0.18 (£0.0936)      555,556
 2)    A$0.18 (£0.0936)      166,666

e)

Date of the transaction

21 May 2024

f)

Place of the transaction

Outside a Trading Venue

 

Notification of transaction by Person Discharging Managerial Responsibilities
("PDMR")

 

 1   Details of the person discharging managerial responsibilities/person closely
     associated
 a)  Name                                                         3)    Andrew Grove

                                                                  4)    Philip Mitchell
 2   Reason for the notification
 a)  Position/status                                              3)    Managing Director and CEO

                                                                  4)    Non-Executive Chairman
 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  Options over Ordinary Shares of no par value each in the Company AU000000AEE7

     Identification code
 b)  Nature of the transaction                                    Participation in fundraise
 c)  Price(s) and volume(s)                                       Price                       Volume
                                                                  3)    A$0.18 (£0.0936)      416,667
                                                                  4)    A$0.18 (£0.0936)      124,999
 d)  Aggregated information                                       Price                       Aggregated Volume
                                                                  3)    A$0.18 (£0.0936)      416,667
                                                                  4)    A$0.18 (£0.0936)      124,999
 e)  Date of the transaction                                      21 May 2024
 f)  Place of the transaction                                     Outside a Trading Venue

d)

Aggregated information

 Price                       Aggregated Volume
 3)    A$0.18 (£0.0936)      416,667
 4)    A$0.18 (£0.0936)      124,999

e)

Date of the transaction

21 May 2024

f)

Place of the transaction

Outside a Trading Venue

 

 

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