Aura Energy Limited Issue of Shares (2579F)
06 March 2020 - 6:00PM
UK Regulatory
TIDMAURA
RNS Number : 2579F
Aura Energy Limited
06 March 2020
AURA ENERGY LIMITED
("Aura" or the "Company")
Issue of Shares
Aura wishes to inform the market that on 4 March 2020 its board
of directors approved the following share issues:
SD Capital Advisory Limited/GKB Ventures Limited for provision
of
financing advisory services 4,193,788
Total number of ordinary shares on issue 1,593,465,047
Ordinary shares held in Treasury Nil
Expected Admission date 11 March 2020
Background
SD Capital Advisory/GKB Ventures Limited Engagement Letter
On 25 January 2019, the Company executed a Letter of Engagement
with SD Capital Advisory Limited and GKB Ventures Limited
(collectively "S&G") as joint finance advisors to arrange
funding for both the Tiris uranium project in Mauritania and the
Häggån vanadium project in Sweden. The issue of shares referred to
above represents a retainer payable for January 2020 and February
2020 at a share price of 0.605 cents per share.
Total shares on issue
The total number of ordinary shares on issue following the issue
and Admission of the above shares will be 1,593,465,047 ordinary
shares. There are no shares held in treasury and, therefore this
figure may be used by shareholders, from the appropriate time, as
the denominator for the calculations by which they will determine
whether they are required to notify their interest in, or a change
to their interest in, the share capital of the Company under the
Financial Conduct Authority's Disclosure Guidance and Transparency
Rules.
For more information please visit www.auraenergy.com.au or
contact the following:
Aura Energy Limited Telephone: +61 (3) 9516 6500
Peter Reeve (Executive Chairman) info@auraenergy.com.au
SP Angel Corporate Finance LLP Telephone: +44 (0) 203 470
(Nominated Advisor and Joint Broker) 0470
Ewan Leggat
Caroline Rowe
WH Ireland Limited
(Joint Broker)
Adrian Hadden Telephone: +44 (0) 207 220
James Sinclair-Ford 1666
Yellow Jersey PR Limited Telephone: +44 (0) 7769 325
Felicity Winkles 254
Joe Burgess
The information contained within this announcement is deemed by
the Company to constitute inside information under the Market Abuse
Regulation (EU) No. 596/2014.
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
END
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