Last checked at 14 Oct 2022 07:00
14 October 2022
Aura Energy Limited
Issue of Equity
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 an Appendix 2A (Application for quotation of securities) has been filed with the Australian Securities Exchange ("ASX") and is available on the Company's website: https://www.auraenergy.com.au/investor-centre/#asx
The Company has issued 11,569,585 ordinary shares at an exercise price of A$0.052 each arising from an exercise of options ("New Shares").
Application will be made for the 11,569,585 New Shares to be admitted to trading on AIM ("Admission"). It is expected that Admission will become effective on or around 21 October 2022.
Total Voting Rights
Following the issue of the 11,569,585 New Shares, the total issued share capital of the Company will consist of 530,548,683 ordinary shares of no par value each ("Ordinary Shares"). The Company does not hold any Ordinary Shares in Treasury. Therefore, the total current voting rights in the Company following Admission will be 530,548,683 and this figure may be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change in their interest in, the share capital of the Company under the FCA's Disclosure Guidance and Transparency Rules.
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) Jessica Cave Andrew de Andrade +44 (0) 207 220 1666
|
| About Aura Energy (ASX:AEE, AIM:AURA) |
| ||||||
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. Subscribe for Investor Updates
|