Aura Energy Limited Holdings in Company (5477Z)

TIDMAURA

RNS Number : 5477Z

Aura Energy Limited

16 May 2023

16 May 2023

 
    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 notification that Macquarie Group Limited ("MQG") now holds 74,359,225 ordinary shares, representing 12.13 per cent. of the Company's issued share capital and voting rights.

For Further Information, please contact:

 
 David Woodall                    Paul Ryan 
  Managing Director and CEO        Citadel-MAGNUS 
  Aura Energy Limited              Investor & Media Relations 
  [e-mail]           [e-mail] 
                                   [phone] 
 SP Angel Corporate Finance LLP   WH Ireland Limited 
  (Nominated Advisor and Joint     (Joint Broker) 
  Broker)                          James Bavister 
  David Hignell                    Andrew de Andrade 
  Kasia Brzozowska                 [phone] 
  [phone] 
                                 ---------------------------- 
 
 
   About Aura Energy (ASX:AEE, AIM:AURA) 
   Aura Energy is an Australian-based minerals company with 
    major uranium and polymetallic projects with large resources 
    in Africa and Europe. The Company is principally focused 
    on initial uranium production at its Tiris Uranium Project, 
    an evolving major greenfields uranium discovery in Mauritania, 
    with Aura announcing a Resource Upgrade in August 2021, 
    bringing the total JORC Resource to 56 Mlbs (at a 100 ppm 
    U(3) O(8) lower cut-off grade). 
    Aura also completed a 2021 capital estimate update for 
    the Tiris Definitive Feasibility Study, to reflect current 
    global pricing, reconfirming Tiris as one of the lowest 
    capex, lowest operating cost uranium projects slated for 
    development. 
    In October 2021, the Company entered a US$10m Offtake Financing 
    Agreement with Curzon, which includes an additional up 
    to US$10m facility, bringing the maximum available under 
    the agreement to US$20m. 
    In 2023, Aura will continue to transition from an advanced 
    uranium explorer to uranium producer, to capitalise on 
    the growing appetite for nuclear power as a critical, baseload, 
    near-zero-carbon energy source to help drive the global 
    shift towards decarbonising energy generation. 
 
 
 
    @AuraEnergyAEE 
    https://www.linkedin.com/company/aura-energy-limited 
    Subscribe for Investor Updates 
 

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May 16, 2023 02:00 ET (06:00 GMT)