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Director Dealing

12 Jan 2023 07:24

RNS Number : 5141M
Aura Energy Limited
12 January 2023
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12 January 2023

Aura Energy Limited

("Aura" or the "Company")

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Director Dealing

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Aura Energy Limited (ASX:AEE, AIM:AURA) ("Aura", the "Company") a company focused on the development of the 85% owned Tiris Uranium Project, Mauritania, advises that Philip Mitchell, Non-Executive Chairman of the Company, has purchased 404 ordinary shares in the Company at a price of A$0.245 per share ("Shares").

Following completion of the Share purchase, Phil Mitchell holds 10,000,404 Shares in the Company which represents 1.80 per cent. of the issued share capital and total voting rights of the Company.

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The information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014 ('MAR') which has been incorporated into UK law by the European Union (Withdrawal) Act 2018. Upon the publication of this announcement via Regulatory Information Service ('RIS'), this inside information is now considered to be in the public domain.

For Further Information, please contact:

David Woodall

Managing Director and CEO

Aura Energy Limited

info@auraenergy.com.au

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Paul Ryan

Citadel-MAGNUS

Investor & Media Relations

Pryan@citadelmagnus.com

+61 409 296 511

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SP Angel Corporate Finance LLP

(Nominated Advisor and Joint Broker)

David Hignell

Kasia Brzozowska

+44 (0) 203 470 0470

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WH IrelandΒ Limited

(Joint Broker)

Jessica Cave

Andrew de Andrade

+44 (0) 207Β 220 1666

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

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Aura Energy is an Australian-based minerals company with major uranium and polymetallic projects with large resources in Africa and Europe. The Company is principally focused on initial uranium production at its Tiris Uranium Project, an evolving major greenfields uranium discovery in Mauritania, with Aura announcing a Resource Upgrade in August 2021, bringing the total JORC Resource to 56 Mlbs (at a 100 ppm U3O8 lower cut-off grade).

Aura also completed a 2021 capital estimate update for the Tiris Definitive Feasibility Study, to reflect current global pricing, reconfirming Tiris as one of the lowest capex, lowest operating cost uranium projects slated for development.

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 2022, Aura will continue to transition from an advanced uranium explorer to uranium producer, to capitalise on the growing appetite for nuclear power as a critical, baseload, near-zero-carbon energy source to help drive the global shift towards decarbonising energy generation.

Β @AuraEnergyAEEΒ Β 

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https://www.linkedin.com/company/aura-energy-limited

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Subscribe for Investor Updates

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NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES AND PERSONS CLOSELY ASSOCIATED WITH THEM

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Details of the person discharging managerial responsibilities/person closely associated

a)

Name:

Philip Mitchell

2.Β 

Reason for the notification

a)

Position/status:

Non-Executive Chairman

b)

Initial notification/Amendment:

Initial notification

3.Β 

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name:

Aura Energy Limited

b)

LEI:

5493003D06RIWBKIKA27

4.Β 

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

a)

Description of the financial instrument, type of instrument:

Identification code:

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shares of no par value each

Β AU000000AEE7

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b)

Nature of the transaction:

Purchase of shares

c)

Price(s) and volume(s):

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Price(s)

Volume(s)

$0.245

404

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d)

Aggregated information:

Aggregated volume:

Price:

Single transaction as in 4 c) above

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e)

Date of the transaction:

6 January 2023

f)

Place of the transaction:

Outside a trading venue

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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.RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
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END
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