TIDMAURA
RNS Number : 0790S
Aura Energy Limited
11 November 2021
11 November 2021
Results of Loyalty Options Entitlement Offer
KEY POINTS:
-- The Loyalty Options Entitlement Offer announced on 19 October
2021 has closed and raised A$2,030,390 (before costs).
-- The Loyalty Options will be issued on 15 November 2021 and
are scheduled to commence trading on ASX on 16 November 2021.
Aura Energy Limited (ASX:AEE, AIM:AURA) ("Aura", the "Company")
is pleased to announce that the Loyalty Options Entitlement Offer
("Offer") announced on 19 October 2021 closed on 8 November
2021.
The Offer was strongly supported by eligible shareholders, who
applied for 68,029,541 new Loyalty Options over shares in the
Company ("Options"), raising approximately A$1,020,443 (before
costs), pursuant to their entitlements. This represents a 73%
participation of entitlements by eligible shareholders. All
directors applied for their full entitlements, full details of
which are set out below:
PDMR Number of shares held in the Number of Options subscribed Number of Options to be held in
Company for under the Offer total following the Offer
Peter Reeve 11,275,077 3,751,051 3,751,051
--------------------------------- -------------------------------- --------------------------------
Martin Rogers 5,769,229 1,923,076 17,307,691
--------------------------------- -------------------------------- --------------------------------
Peter Ward 3,230,768 1,076,922 6,846,152
--------------------------------- -------------------------------- --------------------------------
CFO Solution 8,113,267 2,704,422 2,704,422
--------------------------------- -------------------------------- --------------------------------
The Offer shortfall of 67,329,768 Loyalty Options has been
placed with existing long-term shareholders by the underwriter, KTM
Capital, following intense interest by shareholders. The funds
raised through the Offer will be used for exploration, mining
working capital and production commencement.
The Loyalty Options are scheduled to be issued under the Offer
on 15 November 2021 and are scheduled to commence trading on ASX on
16 November 2021 and will not be listed on AIM. The Loyalty Options
are exercisable at A$0.052 each and expire on 30 June 2024. Loyalty
Option exercise forms are scheduled to be issued to option holders
on 19 November 2021.
Commenting on the results of the Offer, Chairman, Martin Rogers
commented: "We are delighted to have successfully completed the
Loyalty Options Entitlement Offer, and appreciate the continued
support from shareholders. Aura Energy is in the perfect position
to capitalise on the current resurgence of interest and demand in
uranium."
This ASX Release as authorised by the Aura Energy Board of
Directors.
For Further Information, please contact:
Martin Rogers Jane Morgan
Chairman JMM
Aura Energy Limited Investor & Media Relations
info@auraenergy.com.au jm@janemorganmanagement.com.au
+61 405 555 618
SP Angel Corporate Finance LLP WH Ireland Limited
(Nominated Advisor and Joint (Joint Broker)
Broker) Adrian Hadden
Ewan Leggat Andrew de Andrade
Caroline Rowe +44 (0) 207 220 1666
+44 (0) 203 470 0470
--------------------------------
About Aura Energy (ASX: AEE, AIM:AURA)
Aura Energy is an Australian based minerals company that has
major polymetallic and uranium projects with large resources in
Europe and Africa. The company has rapidly grown by acquiring new
projects in areas with known polymetallic and uranium occurrences
including Sweden and greenfield projects in Mauritania
The Company is now focused on the Tiris Uranium Project, a major
greenfields uranium discovery in Mauritania, with 49 Mlb U(3) 0(8)
in current resources from 66 million tonnes @ 334 ppm U(3) 0(8)
.
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: Peter Reeve
B: Martin Rogers
C: Peter Ward
D: CFO Solution
--------------------------------- -----------------------------------------
2. Reason for the notification
----------------------------------------------------------------------------
a) Position/status: A: CEO/Managing
Director
B: Non-Executive
Chairman
C: Non-Executive
Director
D: CFO (outsourced)
--------------------------------- -----------------------------------------
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 Options over
instrument, type of instrument: shares with
Identification code: option issue
price of A$0.015,
exercise price
of A$0.052
and expiry
date of 30
June 2024
AU000000AEE7
--------------------------------- -----------------------------------------
b) Nature of the transaction: Take up of
Options under
the Offer
--------------------------------- -----------------------------------------
c) Price(s) and volume(s): A: Peter Reeve Price(s) Volume(s)
A$0.052 3,751,051
----------
B: Martin Rogers Price(s) Volume(s)
A$0.052 1,923,076
----------
C: Peter Ward Price(s) Volume(s)
A$0.052 1,076,922
----------
D: CFO Solution Price(s) Volume(s)
A$0.052 2,704,422
----------
--------------------------------- -----------------------------------------
d) Aggregated information: Price(s) Volume(s)
Aggregated volume: A$0.052 9,455,471
Price: ----------
--------------------------------- -----------------------------------------
e) Date of the transaction: 8 November
2021
--------------------------------- -----------------------------------------
f) Place of the transaction: Outside a trading
venue
--------------------------------- -----------------------------------------
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END
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