Aura Energy Limited Issue of Equity (9297K)

TIDMAURA

RNS Number : 9297K

Aura Energy Limited

31 August 2023

31 August 2023

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

Aura Energy Limited (ASX:AEE, AIM:AURA) ("Aura", the "Company") 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 387,000 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 387,000 New Shares to be admitted to trading on AIM ("Admission"). It is expected that Admission will become effective on or around 6 September 2023.

Total Voting Rights

Following the issue of the 387,000 New Shares, the total issued share capital of the Company will consist of 617,525,204 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 617,525,204 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 now focused on uranium 
    production from the Tiris Project, a major greenfield uranium 
    discovery in Mauritania. 
 
    A recent Enhanced Feasibility Study has increased the project 
    NPV significantly which reconfirms Tiris as one of the lowest 
    capex, lowest operating cost uranium projects that remain 
    undeveloped in the world. 
 
    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 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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August 31, 2023 02:00 ET (06:00 GMT)