Share Issue/Capital Change • Mar 8, 2022
Share Issue/Capital Change
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RNS Number : 0003E
Aura Energy Limited
08 March 2022
Aura Energy Limited (AEE:ASX, AIM:AURA) ("Aura Energy", the "Company") is pleased to advise shareholders and investors that the Company will be presenting as part of the free Broker Briefing Investor Webinar on Thursday 10 March 2022.
Date: 10 March 2022
Time: 11:30am AEDT / 8:30am AWST
Presenter: Acting CEO, Will Goodall presenting at 11:30am AEDT / 8:30am AWST
The Company invites shareholders, investors and media to participate in this digital event by registering online via the link below:
https://zoom.us/webinar/register/8416461302992/WN_Cvrsp-0hRqCeP9H4Z6bdyg
Participants will be able to submit questions via the panel throughout the presentation, however, we encourage shareholders and investors to send through questions via email beforehand to [email protected]
This announcement has been approved for release to ASX by the Board of Directors of the Company.
For Further Information, please contact:
| Will Goodall Acting CEO Aura Energy Limited [email protected] |
Jane Morgan JMM Investor & Media Relations [email protected] +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 that has major uranium and polymetallic projects with large resources in Africa and Europe.
The Company is now focused on uranium production the Tiris Project, a major greenfields uranium discovery in Mauritania, with Aura announcing a Resource Upgrade in August 2021 of 10% or 5.0 million lb U3O8 bringing the total JORC Resource to 56 Mlbs (at a 100 ppm U3O8 lower cut-off grade).
Aura also completed a capital estimate update for the Tiris Definitive Feasibility Study, to reflect current global pricing, with these 2021 figures reconfirming Tiris as one of the lowest capex, lowest operating cost uranium projects.
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 a uranium explorer to uranium producer, to capitalise on the rapidly growing demand for nuclear power as the world continues to shift towards a decarbonised energy system.
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