Aura Energy Limited Holdings in Company (5477Z)
16 May 2023 - 4:00PM
UK Regulatory
TIDMAURA
RNS Number : 5477Z
Aura Energy Limited
16 May 2023
16 May 2023
Aura Energy Limited
("Aura" or the "Company")
Holdings in Company
===========================
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"), has received
notification that Macquarie Group Limited ("MQG") now holds
74,359,225 ordinary shares, representing 12.13 per cent. of the
Company's issued share capital and voting rights.
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 (Joint Broker)
Broker) James Bavister
David Hignell Andrew de Andrade
Kasia Brzozowska +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 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
U(3) O(8) 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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END
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