Aura Energy Limited ASX Trading Halt (0594Y)
02 May 2023 - 4:00PM
UK Regulatory
TIDMAURA
RNS Number : 0594Y
Aura Energy Limited
02 May 2023
2 May 2023
Aura Energy Limited
ASX Trading Halt
====================
Aura Energy Limited (ASX:AEE, AIM:AURA) ("Aura", the "Company")
a company focused on the development of the 85% owned Tiris Uranium
Project, Mauritania, announces that the Company has requested the
Australian Securities Exchange ("ASX") to immediately halt trading
in its shares quoted on the ASX in accordance with ASX Listing Rule
17.1, pending an announcement in relation to a capital raising.
The trading halt has been undertaken to assist the Company in
managing its continuous disclosure obligations in regard to the
capital raising.
The Company expects trading in its shares to resume on the ASX
either when the expected announcement is made , or upon market open
on the ASX on 3 May 2023, whichever is the earlier, and will
provide the market with an update in due course.
Trading in the Company's ordinary securities will continue to
trade as normal on AIM, a market operated by the LSE, during this
period.
The full version of the ASX announcement can be seen here:
http://www.rns-pdf.londonstockexchange.com/rns/0594Y_1-2023-5-2.pdf
For Further Information, please contact:
David Woodall Paul Ryan
Managing Director and CEO Citadel-MAGNUS
Aura Energy Limited Investor & Media Relations
info@auraenergy.com.au Pryan@citadelmagnus.com
+61 409 296 511
SP Angel Corporate Finance LLP WH Ireland Limited
(Nominated Advisor and Joint Broker) (Joint Broker)
David Hignell James Bavister
Kasia Brzozowska Andrew de Andrade
+44 (0) 203 470 0470 +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 February 2023,
bringing the total JORC Resource to 59 Mlbs (at a 100 ppm
U(3) O(8) lower cut-off grade).
In March 2023, Aura released an Enhanced Definitive Feasibility
Study for Tiris, 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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