9 October 2024
Aura Energy Limited (ASX: AEE, AIM:
AURA) ("Aura" or the
"Company"), has received
notification that Lind Global Fund II LP, Lind Global Macro Fund
LP, Lind Global Asset Management VII and The Lind Partners LLC
(together "Lind") now hold 70,993,107 ordinary shares, representing
8.37 per cent. of the Company's issued share capital and voting
rights.
Further information is included in
the linked notice: http://www.rns-pdf.londonstockexchange.com/rns/5386H_1-2024-10-9.pdf
ENDS
For
further information, please contact:
|
Andrew Grove
Managing Director and CEO
Aura Energy Limited
agrove@auraee.com
+61 414 011 383
|
Paul
Ryan
Sodali & Co
Investor & Media
Relations
paul.ryan@sodali.com
+61 409 296 511
|
SP
Angel Corporate Finance LLP
Nominated Advisor and
Broker
David Hignell
Adam Cowl
Devik Mehta
Grant Barker
+44 203 470 0470
|
About Aura Energy (ASX: AEE, AIM:
AURA)
Aura Energy is an Australian-based
mineral company with major uranium and polymetallic projects in
Africa and Europe.
The Company is focused on developing
a uranium mine at the Tiris Uranium Project, a major greenfield
uranium discovery in Mauritania. The updated 2024 FEED Study,
demonstrated Tiris to be a near-term low-cost 2Mlbs
U3O8 pa near term uranium mine with a 25-year
mine life with excellent economics and optionality to expand to
accommodate future resource growth.
Aura plans to transition from a
uranium explorer to a uranium producer to capitalise on the rapidly
growing demand for nuclear power as the world shifts towards a
decarbonised energy sector.
Beyond the Tiris Project, Aura owns
100% of the Häggån Project in Sweden. Häggån contains a
global-scale 2.5Bt vanadium, sulphate of potash ("SOP") and uranium
resource. Utilising only 3% of the resource, a 2023 Scoping Study
outlined a 17-year mine life based on mining 3.5Mtpa.
Utilising only 3% of the resource, a
2023 Scoping Study outlined a 27-year mine life based on mining
3.5Mtpa.
Disclaimer Regarding Forward-Looking
Statements
This ASX announcement (Announcement)
contains various forward-looking statements. All statements other
than statements of historical fact are forward-looking statements.
Forward-looking statements are inherently subject to uncertainties
in that they may be affected by a variety of known and unknown
risks, variables and factors which could cause actual values or
results, performance or achievements to differ materially
from the expectations described in such forward-looking
statements. The Company does not give any assurance or
guarantee that the anticipated results, performance or
achievements expressed or implied in those forward-looking
statements will be achieved.
The Company has concluded that it
has a reasonable basis for providing the forward-looking statements
and production targets included in this announcement and that
material assumptions remain unchanged. The detailed reasons for
this conclusion are outlined in the ASX Releases, "Scoping Study
Confirms Scale and Optionality of Häggån", 5 September 2023;
"Aura's Tiris FEED Study returns Excellent Economics" 28 February
2024; and "Tiris Uranium Project Enhanced Definitive Feasibility
Study", 29 March 2023.
