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Appendix 3X

14 Jul 2025 09:12

RNS Number : 9199Q
Aura Energy Limited
14 July 2025
 

 

 

14 July 2025

Appendix 3X

Aura Energy Limited (ASX: AEE, AIM: AURA) ('Aura' or the 'Company'), a Company focused on the development of the 85% owned Tiris Uranium Project in Mauritania and the 100% owned Häggån Polymetallic Project in Sweden, advises that an Appendix 3X (notification of Director's Initial Interest) form has been filed with the Australian Securities Exchange ("ASX"), relating to the announced Appointment of Ousmane Kane as independent Non-Executive Director to the Company on 10 July 2025.

To view the Appendix 3X, click here: http://www.rns-pdf.londonstockexchange.com/rns/9199Q_1-2025-7-14.pdf

The above form is also available to vie on the Company's website: https://auraenergy.com.au/investor-centre/

 

ENDS

 

This announcement is authorised for release by the Board of Aura Energy Ltd.

 

For further information, please contact:

Philip Mitchell

Executive Chair

Aura Energy Limited

pmitchell@auraee.com

Andrew Grove

Managing Director and CEO

Aura Energy Limited

agrove@auraee.com

+61 414 011 383

 

SP Angel Corporate Finance LLP

Nominated Adviser

David Hignell

Adam Cowl

Devik Mehta

+44 203 470 0470

Tamesis Partners LLP

Broker

Charlie Bendon

Richard Greenfield

+44 203 882 2868

 

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 2024 FEED Study[1] and Production Target Update[2] demonstrates Tiris to be a near-term low-cost uranium mine producing 2Mlbspa U3O8 over a 25-year mine life with excellent economics and optionality to expand and to accommodate future exploration success.

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 2.0Bt vanadium, sulphate of potash (SOP)[3] and Inferred Mineral uranium[4] Resource. Utilising only 3% of the resource, a 2023 Scoping Study[5] outlined a 17-year mine life based on a 3.6Mtpa production rate.

There is a low level of geological confidence associated with Inferred Mineral Resources and there is no certainty that further exploration work will result in the determination of Indicated Mineral Resources or that the production target itself will be realised.


[1] ASX and AIM Release: 28 Feb 2024 - FEED study confirms excellent economics for the Tiris Uranium Project

[2] ASX and AIM Release: 11 Sept 2024 - Updated Production Target Improves Economics at Tiris

[3] ASX and AIM Release: 10 Oct 2019 - Häggån Battery Metal Project Resource Upgrade Estimate

[4] ASX and AIM Release: 22 Aug 2012 - Outstanding Häggån Uranium Resource expands to 800 million pounds

[5] ASX and AIM Release: 5 Sept 2023 - Scoping Study Confirms Scale and Optionality of Häggån

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