We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Aura Energy Limited | LSE:AURA | London | Ordinary Share | AU000000AEE7 | ORD NPV (DI) |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
-0.55 | -5.91% | 8.75 | 8.50 | 9.00 | 9.15 | 8.75 | 9.15 | 40,163 | 09:20:58 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
Uranium-radium-vanadium Ores | 0 | -6.49M | -0.0110 | -15.45 | 100.72M |
TIDMAURA
RNS Number : 4038F
Aura Energy Limited
09 March 2020
AURA ENERGY LIMITED
("Aura" or the "Company")
Issue of Shares
Aura wishes to inform the market that on 8 March 2020 the Company approved the following issue of fully paid ordinary shares:
Lind Global Macro Fund LP on conversion of convertible notes into
fully paid ordinary shares 50,000,000
Ordinary shares held in Treasury Nil
Expected Admission date 16 March 2020
Background
Conversion of convertible notes
On 30 April 2019, the Company executed a Convertible Security Financing Agreement and a Security Deed ("Agreement") with Lind Global Macro Fund LP for proceeds of A$2,000,000 (before costs) for convertible notes with a face value of A$2,400,000. Following the expiry of 60 days from the date of execution, Lind was entitled to convert convertible notes into ordinary shares in the Company. Under the Agreement, Lind is entitled to convert its convertible notes into ordinary shares at 90% of the average of 5 daily VWAPs chosen by Lind from the daily VWAPs for the 20 Trading Days immediately prior to the Conversion Notice Date.
On 18 November 2019, the Company and Lind executed a Follow-on Convertible Note for proceeds of A$350,000 (before costs) for convertible notes with a face value of $420,000.
The issue of shares referred to above relates to the eighth Conversion Notice received from Lind to convert A$200,000 of convertible notes into fully paid ordinary shares. Lind has now converted $1,095,000 of the Convertible Security Facility.
Total shares on issue
The total number of ordinary shares on issue following the issue and Admission of the above Shares will be 1,643,465,047. There are no shares held in treasury and, therefore this figure may be used by shareholders, from the appropriate time, as the denominator for the calculations by which they will determine whether they are required to notify their interest in, or a change to their interest in, the share capital of the Company under the Financial Conduct Authority's Disclosure Guidance and Transparency Rules.
For more information please visit www.auraenergy.com.au or contact the following:
Aura Energy Limited Telephone: +61 (3) 9516 6500 Peter Reeve (Executive Chairman) info@auraenergy.com.au SP Angel Corporate Finance LLP Telephone: +44 (0) 203 470 (Nominated Advisor and Joint Broker) 0470 Ewan Leggat Caroline Rowe WH Ireland Limited (Joint Broker) Adrian Hadden Telephone: +44 (0) 207 220 James Sinclair-Ford 1666 Yellow Jersey PR Limited Telephone: +44 (0) 7769 325 Felicity Winkles 254 Joe Burgess
The information contained within this announcement is deemed by the Company to constitute inside information under the Market Abuse Regulation (EU) No. 596/2014.
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
END
IOEFIFIRVEIAIII
(END) Dow Jones Newswires
March 09, 2020 03:00 ET (07:00 GMT)
1 Year Aura Energy Chart |
1 Month Aura Energy Chart |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions