Aura Energy Limited

Share Issue/Capital Change • Mar 23, 2023

National Storage Mechanism | Additional information

RNS Number : 9905T

Aura Energy Limited

23 March 2023

23 March 2023

Aura Energy Limited

("Aura" or the "Company")

Holdings in Company

Aura Energy Limited (ASX:AEE, AIM:AURA) ("Aura", the "Company") a company focused on the development of the 85% owned Tiris Uranium Project, Mauritania ("Tiris", or the "Project"), has received notification that the Australian Special Opportunity Fund LP ("ASOF"), Lind Global Macro Fund LP ("LGMF") and the Lind Partners LLC (together "Lind") now hold 72,573,708 ordinary shares, representing 12.99 per cent. of the Company's issued share capital and voting rights.

For Further Information, please contact:

David Woodall Managing Director and CEO Aura Energy Limited [email protected]	Paul Ryan Citadel-MAGNUS Investor & Media Relations [email protected] +61 409 296 511
SP Angel Corporate Finance LLP (Nominated Advisor and Joint Broker) David Hignell Kasia Brzozowska +44 (0) 203 470 0470	WH Ireland Limited (Joint Broker) James Bavister 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 2023, 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.

@AuraEnergyAEE  

https://www.linkedin.com/company/aura-energy-limited

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