Aura Energy Limited

Transaction in Own Shares • May 10, 2023

National Storage Mechanism | Additional information

RNS Number : 9208Y

Aura Energy Limited

10 May 2023

10 May 2023

Aura Energy Limited

("Aura" or the "Company")

Cleansing Notice

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"), wishes to advise shareholders that is has published a Cleansing Notice ("Notice") in relation to the recent Placing as announced on 3 May 2023.

The full version of the Notice can be seen here: http://www.rns-pdf.londonstockexchange.com/rns/9208Y_1-2023-5-10.pdf

The Notice can also be viewed on the Company's website: www.auraenergy.com.au .

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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