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Pin to quick picksAura Egy Regulatory News (AURA)

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Global X Uranium ETF Add Aura Energy

14 Feb 2022 07:00

RNS Number : 5579B
Aura Energy Limited
14 February 2022
 

 

14 February 2022

Global X Uranium ETF Add Aura Energy

 

KEY POINTS:

· Aura Energy has now been included The Global X Uranium ETF (NYSE:URA), the largest Exchange Traded Fund in the uranium and nuclear with net assets of approximately US$1.16 billion as of 1 February 2022

· The inclusion in the ETF followed Aura being added to the Solactive Global Uranium and Nuclear Components Total Return Index (SOLURANT Index), tracked by the The Global X Uranium ETF (NYSE:URA).

 

Aura Energy Limited (ASX:AEE, AIM:AURA) ("Aura", or the "Company") a company focused on the development of the low capex, low operating cost Tiris Uranium Project Mauritania, is pleased to advise that the Company is now included in The Global X Uranium ETF (NYSE:URA), one of the world's most prominent uranium and nuclear industry indexes globally, with US$1.16 billion of assets under management.

The Global X Uranium ETF provides investors access to a broad range of companies involved in uranium mining and the production of nuclear components, including those in extraction, refining, exploration, or manufacturing of equipment for the uranium and nuclear industries.

The ETF seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the Solactive Global Uranium & Nuclear Components Total Return Index. Detail of the daily weighting selection of the Global X Uranium ETF can be found on their website.

Aura Energy Acting CEO, Dr Will Goodall, commented: "We are pleased to advise of Aura Energy's inclusion in The Global X Uranium ETF. We expect that the inclusion will raise awareness for the Company in the global investment community. Aura continues to build a presence as a developer in the uranium sector and we expect that this inclusion will lead to introductions to new investors and possible partners for the Company and our projects."

 

This ASX Release as authorised by the Aura Energy Board of Directors.

 

 

 

 

For Further Information, please contact:

Will Goodall

Acting CEO

Aura Energy Limited

info@auraenergy.com.au

 

Jane Morgan

JMM

Investor & Media Relations

info@janemorganmanagement.com.au

+61 405 555 618

 

SP Angel Corporate Finance LLP

(Nominated Advisor and Joint Broker)

David Hignell

Kasia Brzozowska

+44 (0) 203 470 0470

 

WH Ireland Limited

(Joint Broker)

Adrian Hadden

Andrew de Andrade

+44 (0) 207 220 1666

 

 

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

Aura Energy is an Australian based minerals company that has major polymetallic and uranium projects with large resources in Europe and Africa. The company has rapidly grown by acquiring new projects in areas with known polymetallic and uranium occurrences including Sweden and greenfield projects in Mauritania 

The Company is now focused on the Tiris Uranium Project, a major greenfields uranium discovery in Mauritania, with 49 Mlb U308in current resources from 66 million tonnes @ 334ppm U308. 

 

Notes to Project Description  

The Company confirms that the material assumptions underpinning theTirisUranium Production Target and the associated financial information derived from theTirisproduction target as outlined in the Aura Energy release dated 18 August 2021 for theTirisUranium Project Definitive Feasibility Study continue to apply and have not materially changed.  

 

The TirisUranium Project Resource was released on 27 August 2021 "Resource Upgradeof 10%- Tiris Uranium Project". TheCompany confirms that it is not aware of any new information or data that materially affects the information included in the relevant market announcement and that all material assumptions and technical parameters underpinning the estimates in the relevant market announcements continue to apply and have not materially changed.  

 

In respect to Resource statements there is a low level of geological confidence associated with inferred mineral resource and there is no certainty that further exploration work will result in the determination of indicated measured resource or that the production target will be realised.  

 

Disclaimer Regarding Forward Looking Statements  

This ASX announcement (Announcement) contains various forward-looking statements. All statements other than statements of historical fact are forward-looking statements. Forward-looking statements are inherently subject to uncertainties in that they may be affected by a variety of known and unknown risks, variables and factors which could cause actual values or results, performance or achievements to differ materially from the expectations described in such forward-looking statements. The Company does not give any assurance that the anticipated results, performance or achievements expressed or implied in those forward-looking statements will be achieved. 

 

 

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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