Aura Energy Limited Issue of Equity (7728P)

TIDMAURA

RNS Number : 7728P

Aura Energy Limited

11 October 2023

11 October 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 346,486 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 346,486 New Shares to be admitted to trading on AIM ("Admission"). It is expected that Admission will become effective on or around 17 October 2023.

Total Voting Rights

Following the issue of the 346,486 New Shares, the total issued share capital of the Company will consist of 618,942,530 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 618,942,530 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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October 11, 2023 03:05 ET (07:05 GMT)