TIDMAURA
RNS Number : 9671U
Aura Energy Limited
09 April 2021
AURA ENERGY LIMITED
("Aura" or the "Company")
Issue of Equity and Options
Aura wishes to inform the market that the Company has issued the
following ordinary shares of no par value each, and options over
ordinary shares of the Company ("Options"), following the passing
of the resolutions at its Annual General Meeting held on 17 March
2021:
Issue of shares:
1. 11,923,076 shares to Lind Global Macro Fund LP to extinguish
the liability of A$310,000 under the Replacement Convertible Note
and the Follow-on Replacement Convertible Note as executed on 18
November 2019;
2. 2,667,307 shares to Robert Beeson, previous non-executive
director of the Company, to extinguish outstanding
remuneration;
3. 2,667,307 shares to Julian Perkins, previous non-executive
director of the Company, to extinguish outstanding remuneration, of
this amount 1,333,654 has been acquired by CFO Solutions Pty Ltd
for A$0.026 and subject to escrow as per the Notice of Meeting;
4. 1,825,000 shares to John L Bennett previous non-executive
director of the Company, to extinguish outstanding
remuneration;
5. 1,227,307 shares to Robert Craigie, previous non-executive
director of the Company, to extinguish outstanding remuneration, of
this amount 613,653 has been acquired by CFO Solutions Pty Ltd for
A$0.026 and subject to escrow as per the Notice of Meeting;
6. 650,769 shares to Brett Fraser, previous non-executive
director of the Company, to extinguish outstanding
remuneration;
7. 3,846,153 shares to PD Reeve, previously Executive Chairman
of the Company and now Managing Director and CEO of the Company, to
partly extinguish outstanding remuneration;
8. 3,846,153 shares for cash proceeds of A$100,000 to Martin
Rogers, recently appointed Non-Executive Chairman of the
Company
9. 1,923,077 shares for cash proceeds of A$50,000 to Peter Ward,
recently appointed Non-Executive Director of the Company
10. A total of 25,000,000 shares to various sophisticated and
professional investors for cash proceeds of A$650,000
11. 5,384,614 shares to ASEAN, Sartingen and Pre-Emptive Trading
Pty Ltd (PET) in settlement of litigation. A further 384,616 shares
are yet to be issued.
12. 3,461,538 shares to CFO Solutions Pty Ltd, for the provision
of accounting, ASX compliance and company secretary services plus
an additional 1,947,307 shares acquired for cash at A$0.026 and
subject to escrow as noted above.
Total number of shares issued ("Shares"): 64,422,301
Issue of Options :
1. 15,384,615 options to Martin Rogers, recently appointed
Non-Executive Chairman of the Company, exerciseable at A$0.052 per
option, on or before 30 June 2024.
2. 5,769,230 options to Peter Ward, recently appointed
Non-Executive Director of the Company, exerciseable at A$0.052 per
option, on or before 30 June 2024.
3. 5,384,614 options to ASEAN, Sartingen and Pre-Emptive Trading
Pty Ltd (PET) in settlement of litigation, exercisable at A$0.052
each, on or before 30 June 2024 and of this amount. A further
384,616 shares are yet to be issued.
4. 3,846,153 options to L1 Capital Global Opportunities Master
Fund as part of the convertible securities agreement, at an
exercise price of A$0.052 each, on or before 17 March 2024.
A further 5,977,563 options to various sophisticated and
professional investors, each exercisable at A$0.104, on or before 2
years from the date of issue, being 31 March 2023 are yet to be
issued.
A further announcement on the options and shares yet to be
issued will be made in due course.
Further details concerning the issue of shares and Options is
set out in the Company's announcement of 15 February 2021 and the
circular published by the Company on 12 February 2021, which can be
viewed at the following link:
http://www.rns-pdf.londonstockexchange.com/rns/9671U_1-2021-4-9.pdf
Director holdings
Following the transactions listed above, Martin Rogers,
Non-Executive Chairman, will hold 3,846,153 shares representing
1.47 per cent. of the Company, and 15,384,615 options in the
Company. The options will be exercisable at A$0.052 each, on or
before 30 June 2024.
Peter Ward, Non-Executive Director, will hold 2,153,846 shares
representing 0.82 per cent. of the Company, and 5,769,230 options
in the Company. The options will be exercisable at A$0.052 each, on
or before 30 June 2024.
Peter Reeve, CEO and Managing Director, will hold 7,524,026
shares representing 2.88 per cent. of the Company.
Admission to Trading on AIM and Total Voting Rights
Application will be made for the Shares, which will rank pari
passu with the existing shares, to be admitted to trading on AIM
and the ASX ("Admission"). It is expected that Admission will
become effective and dealings will commence at 8:00a.m BST on or
around 15 April 2021.
Following the issue of the Shares, the issued share capital of
the Company will consist of 261,155,036 Shares. No shares were held
in treasury at the date of this announcement. The total current
voting rights in the Company are therefore 261,155,036.
The above total current voting rights number is the figure which
may be used by shareholders as the denominator for the calculation
by which they will determine if 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.
Aura Energy Limited Telephone: +61 (3) 9824 5254
Peter Reeve (CEO and Managing Director) 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
Felicity Winkles Telephone: +44 (0) 7769 325
Joe Burgess 254
The information contained within this announcement is deemed by
the Company to constitute inside information under the Market Abuse
Regulation (EU) No. 596/2014.
NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS
DISCHAR0GING MANAGERIAL RESPONSIBILITIES AND PERSONS CLOSELY
ASSOCIATED WITH THEM
1. Details of the person discharging managerial responsibilities/person
closely associated
a) Name: A: Martin Rogers
B: Peter Ward
C: Peter Reeve
D: CFO Solutions
Pty Ltd
--------------------------------- -------------------------------------------
2. Reason for the notification
------------------------------------------------------------------------------
a) Position/status: A: Non-Executive
Chairman
B: Non-Executive
Director
C: CEO/Managing
Director
D: Company Secretary
--------------------------------- -------------------------------------------
b) Initial notification/Amendment: Initial notification
--------------------------------- -------------------------------------------
3. Details of the issuer, emission allowance market
participant, auction platform, auctioneer or auction
monitor
------------------------------------------------------------------------------
a) Name: Aura Energy
Limited
--------------------------------- -------------------------------------------
b) LEI: 5493003D06RIWBKIKA27
--------------------------------- -------------------------------------------
4. Details of the transaction(s): section to be repeated
for (i) each type of instrument; (ii) each type of
transaction; (iii) each date; and (iv) each place
where transactions have been conducted
------------------------------------------------------------------------------
a) Description of the financial shares of no
instrument, type of instrument: par value each
Identification code: AU000000AEE7
--------------------------------- -------------------------------------------
b) Nature of the transaction: Issue of shares
and options
--------------------------------- -------------------------------------------
c) Price(s) and volume(s): A: Martin Rogers
Issue of shares: Price(s) Volume(s)
A$0.026 3,846,153
----------
Issue of options: Exercise Volume(s)
Price(s)
A $0.052 15,384,615
-----------
B: Peter Ward
Issue of shares: Price(s) Volume(s)
A$0.026 1,923,077
----------
Issue of options: Exercise Volume(s)
Price(s)
A $0.052 5,769,230
----------
C: Peter Reeve
Issue of shares: Price(s) Volume(s)
A$0.026 3,846,153
----------
D: CFO Solutions
Pty Ltd
Issue of shares: Price(s) Volume(s)
A$0.026 5,408,845
----------
--------------------------------- -------------------------------------------
d) Aggregated information: Issue of shares
Aggregated volume: and options
Price: as above
--------------------------------- -------------------------------------------
e) Date of the transaction: 9 April 2021
--------------------------------- -------------------------------------------
f) Place of the transaction: Outside a trading
venue
--------------------------------- -------------------------------------------
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END
IOEFZGGDNLDGMZG
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