Update Regarding ASX Trading Halt

AURA ENERGY LIMITED

("Aura" or the "Company")

Aura to exit an ASX Trading Halt on Thursday 22 March 2018

Aura notes that following discussions between the Company and the Australian Securities Exchange ("ASX") today the Company volunteered to enter a Trading Halt on the ASX markets and anticipates return to normal trading on 22 March 2018.

The trading in the Company's shares on AIM is unaffected.

A full release of the ASX announcement released today can be seen at: https://www.asx.com.au/asxpdf/20180321/pdf/43sm6s0hysx9hg.pdf

The Trading Halt arose because the ASX requested that the Company remove from its December 2017 Quarterly Report a table which set out the in-ground value of the revenue stream of battery metals (particularly vanadium) within the Haggan project resource. The December 2017 Quarterly Report was released on 31 January 2018.

The Company is working on a revised December 2017 Quarterly Report which it will release to the Australian and London markets on Thursday 22 March 2018, at which time the ASX trading halt should be lifted.

The Company further notes that the JORC compliant Mineral Resource summary for the Company's Swedish projects dated 10 August 2012 from which the information in the December 2017 Quarterly Report was extracted was announced to the ASX on 10 August 2012 and was reproduced in the Competent Person's Report produced at the time of the Company's admission to AIM in September 2016.

A copy of the CPR is available at the Company's website: www.auraenergy.com.au.

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.