Aura Egy Regulatory News (AURA)

AUra PROVIDES SHAREHOLDERS WITH

 SHARE PURCHASE PLAN BOOKLET

Aura Energy Limited (ASX: AEE; AIM: AURA) (Company) as previously advised on 5 February 2019 the Company announced that it was undertaking a Share Placement and Share Purchase Plan to raise up to A$2 million.

Share Placement/Share Purchase Plan (SPP)

Subscribers to the Share Placement/SPP will also receive:

(i) 1 free attaching option (Attaching Option) for every three Placement Shares/SPP Shares subscribed with each option exercisable at 2.2 cents and expiring two years from the date of issue which will be listed on the Australian Securities Exchange; and

(ii) 1 free loyalty option (Loyalty Option) for every five Placement Shares/SPP Shares subscribed with each option exercisable at 2.2 cents and expiring one year from the date of issue.

The Placement Shares and the SPP Shares will rank equally with existing ordinary shares. The Placement Shares and the SPP Shares do not require shareholder approval as the Company will utilise its existing placement capacity under ASX Listing Rules 7.1/7.1A.

The Loyalty Options record date will be 31 July 2019.

Loyalty Options Entitlement offer

All eligible shareholders will be entitled to subscribe for one loyalty option (Shareholder Loyalty Option) for every five shares held at 31 July 2019 at an issue price of 0.5 cents per loyalty option, each exercisable at 2.2 cents and expiring 12 months from the date of issue (Shareholder Loyalty Options Offer). These loyalty options will be issued based on the number of shares held by eligible shareholders at 31 July 2019.

The Company will make the Shareholder Loyalty Options Offer and the other offers of options as detailed above pursuant to a Prospectus which will set out the terms and conditions of the Loyalty Options Offer and the other options offers set out above.

SPP

The SPP is made in accordance with Australian Securities & Investments Commission (ASIC) Class Order [CO 09/425] which grants relief from the requirement for the Company to provide a prospectus or other disclosure document in relation to the SPP. The Booklet is not a prospectus under Chapter 6D of the Corporations Act (Cth) 2001, has not been registered with ASIC and does not, and is not required to, contain all the information that a prospectus under Australian law is required to contain.

The Company has, prior to the release of the SPP Booklet, given a notice to the ASX that it complies with the requirements of ASIC Class Order [CO 09/425]. The laws of some countries prohibit or make impracticable participation in the SPP by certain overseas Shareholders. Shareholders who do not have a registered address in Australia or New Zealand, as noted on the Company's share register, will not be able to participate in the SPP.

The SPP does not constitute an offer or invitation in any place in which, or to any person to whom, it would not be lawful to make such an offer or invitation of shares for sale in any other jurisdiction.

The full announcement made on the ASX today can be seen at the following link: https://www.asx.com.au/asx/share-price-research/company/AEE

For more information please visit www.auraenergy.com.au or contact the following:

The information contained within this announcement is deemed by the Company to constitute inside information under the Market Abuse Regulation (EU) No. 596/2014.