Aura Energy Limited

Regulatory Filings • Dec 5, 2024

National Storage Mechanism | Additional information

RNS Number : 9856O

Aura Energy Limited

05 December 2024

05 December 2024

Appendix 3Y Notices

Aura Energy Limited (ASX: AEE, AIM: AURA) ("Aura", the "Company") a company focused on the development of the 85% owned Tiris Uranium Project in Mauritania and the 100% owned Häggån Polymetallic Project in Sweden, advises that  following shareholder approval and the grant of Unlisted Zero Price Incentive Options, Appendix 3Y Notices (change of Director's Interest Notice) have been filed with the Australian Securities Exchange ("ASX") for five of the Company's Directors.

To view the Appendix 3Y Notices please click here:

http://www.rns-pdf.londonstockexchange.com/rns/9856O_1-2024-12-5.pdf

The Appendix 3Y Notices are also available on the Company's website: 

https://auraenergy.com.au/investor-centre/asx-announcements/

For further information, please contact:

Andrew Grove Managing Director and CEO Aura Energy Limited [email protected] +61 414 011 383	Paul Ryan Sodali & Co Investor & Media Relations [email protected] +61 409 296 511	SP Angel Corporate Finance LLP Nominated Advisor and Broker David Hignell Adam Cowl Devik Mehta Grant Barker +44 203 470 0470

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

Aura Energy is an Australian-based mineral company with major uranium and polymetallic projects in Africa and Europe.

The Company is focused on developing a uranium mine at the Tiris Uranium Project, a major greenfield uranium discovery in Mauritania. 2024 FEED Study[1] and Updated Production Target[2] demonstrated Tiris to be a near- term low-cost 2Mlbs U3O8 pa future uranium mine with a 25-year mine life with excellent economics and optionality to expand to accommodate future resource growth.

Aura plans to transition from a uranium explorer to a uranium producer to capitalise on the rapidly growing demand for nuclear power as the world shifts towards a decarbonised energy sector.

Beyond the Tiris Project, Aura owns 100% of the Häggån Project in Sweden. Häggån contains a global-scale 2.5Bt vanadium, sulphate of potash ("SOP")[3] and uranium[4] resource. Utilising only 3% of the resource, a 2023 Scoping Study[5] outlined a 17-year mine life based on mining 3.5Mtpa .

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[1] ASX and AIM Release: 28 Feb 2024 - FEED study confirms excellent economics for the Tiris Uranium Project

[2] ASX and AIM Release: 11 Sept 2024 - Updated Production Target improves economics at Tiris Uranium Project

[3] ASX and AIM Release: 10 Oct 2019 - Häggån Battery Metal Project Resource Upgrade Estimate

[4] ASX and AIM Release: 22 Aug 2012 - Outstanding Häggån Uranium Resource expands to 800 million pounds

[5] ASX and AIM Release: 5 Sept 2023 - Scoping Study Confirms Scale and Optionality of Häggån

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