Aura Energy Limited - Notice of Annual General Meeting

AURA ENERGY LIMITED
(“Aura” or the “Company”)

Notice of Annual General Meeting

and

Proposed Grant of options to Directors

The Company confirms that it has given notice to convene its Annual General Meeting (“AGM”) to be held at Level 1, 34-36 Punt Road, Windsor, VIC 3181, Australia at 11am on 30 November 2016.

Certain of the resolutions to be voted upon by shareholders at the AGM relate to the issue of shares to Dr Beeson, Mr Perkins and Mr Fraser, all of whom are directors of the Company. Subject to shareholder approval, up to 3,000,000 ordinary shares of no par value in the Company (“Shares”) will be issued in equal proportions to each of the three Directors, in lieu of unpaid salary and Director fees owed or that will be due for the period ending 30 June 2017 to the value of $20,000.

The shares may be issued quarterly at a price calculated based on the VWAP for the five business days immediately prior to 30 September 2016, 31 December 2016, 31 March 2017 and 30 June 2017.

Further announcements regarding any issue of shares to directors will be made in due course.

The notice of AGM may be obtained via the Company's website at:

http://www.auraenergy.com.au/announcements-2016.html

For more information please visit www.auraenergy.com.au or contact the following:

Aura Energy Limited Peter Reeve (Executive Chairman)	Telephone: [phone]      [e-mail]
WH Ireland Limited Adrian Hadden Katy Mitchell James Bavister	Telephone: [phone]
Yellow Jersey PR Limited Felicity Winkles Joe Burgess	Telephone:  [phone] [phone]

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