Aura Energy Limited Issue of Equity (6358A)

TIDMAURA

RNS Number : 6358A

Aura Energy Limited

25 May 2023

25 May 2023

 
    Aura Energy Limited 
  ("Aura" or the "Company") 
 
 
       Issue of Equity 
=========================== 
 

Aura Energy Limited (ASX:AEE, AIM:AURA) ("Aura", the "Company") a company focused on the development of the 85% owned Tiris Uranium Project, Mauritania, advises that an Appendix 2A (Application for quotation of securities) has been filed with the Australian Securities Exchange ("ASX") and is available on the Company's website: https://www.auraenergy.com.au/investor-centre/#asx

The Company has issued 847 ordinary shares at an exercise price of A$0.052 each arising from an exercise of options ("New Shares").

Application will be made for the 847 New Shares to be admitted to trading on AIM ("Admission"). It is expected that Admission will become effective on or around 1 June 2023.

Total Voting Rights

Following the issue of the 847 New Shares, the total issued share capital of the Company will consist of 612,852,434 ordinary shares of no par value each ("Ordinary Shares"). The Company does not hold any Ordinary Shares in Treasury. Therefore, the total current voting rights in the Company following Admission will be 612,852,434 and this 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 FCA's Disclosure Guidance and Transparency Rules.

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 that 
      has major uranium and polymetallic projects with large 
      resources in Africa and Europe. The Company is focused 
      on proceeding to first uranium production from the flagship 
      Tiris Uranium Project, a major greenfields uranium discovery 
      in Mauritania. 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 in Sweden, 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 to 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://www.linkedin.com/company/aura-energy-limited 
      Subscribe for Investor Updates 
 
 

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May 25, 2023 02:00 ET (06:00 GMT)