Aura Egy Regulatory News (AURA)

18 March 2024

Aura Energy Limited (ASX: AEE, AIM: AURA) ("Aura" or the "Company") advises that two Appendix 3B (Proposed Issue of Securities) forms have been filed with the Australian Securities Exchange ("ASX") pursuant to the A$16 million placement announced on 18 March 2024.

To view the first Appendix 3B click here: http://www.rns-pdf.londonstockexchange.com/rns/2323H_1-2024-3-18.pdf

To view the second Appendix 3B click here: http://www.rns-pdf.londonstockexchange.com/rns/2323H_2-2024-3-18.pdf

Each of the above forms are also available on the Company's website: https://www.auraenergy.com.au/investor-centre/#asx.

ENDS

The Managing Director & CEO of Aura Energy Ltd has approved this announcement.

For further information, please contact:

About Aura Energy (ASX: AEE, AIM: AURA)? 

Aura Energy is an Australian-based mineral company with major uranium and polymetallic projects in Africa and Europe.

The Company is focused on developing a uranium mine at the Tiris Uranium Project, a major greenfield uranium discovery in Mauritania. The February 2024 FEED study demonstrated Tiris to be a near-term low-cost 2Mlbs U3O8 pa near term uranium mine with a 17-year mine life with excellent economics and optionality to expand to accommodate resource growth.

Aura plans to transition from a uranium explorer to a uranium producer to capitalise on the rapidly growing demand for nuclear power as the world shifts towards a decarbonised energy sector.

Beyond the Tiris Project, Aura owns 100% of the Häggån Project in Sweden. Häggån contains a global-scale 2.5Bt vanadium, sulphate of potash ("SOP") and uranium resource. Utilising only 3% of the resource, a 2023 Scoping Study outlined a 27-year mine life based on mining 3.5Mtpa.