29 November 2024
Aura Energy Limited (ASX: AEE, AIM: AURA) ("Aura", the "Company") a company focused on the
development of the 85% owned Tiris Uranium Project in Mauritania
and the 100% owned Häggån Polymetallic Project in Sweden, advises
that an Appendix 3G - (notification of issue, conversion or payment
up of unquoted equity securities) form has been filed with the
Australian Securities Exchange ("ASX") pursuant to the passing of
resolutions 8 - 13 at the Annual General Meeting held on 26
November 2024, and resultant grant of options to Directors of the
Company.
The number of options granted are
listed below:
|
Director
|
Number of options granted
|
|
Andrew Grove
|
6,441,860
|
|
Philip Mitchell
|
465,116
|
|
Bryan Dixon
|
310,078
|
|
Patrick Mutz
|
310,078
|
|
Warren Mundine
|
310,078
|
Further details of the options are
included in the Notice of Annual General Meeting as announced on 25
October 2024.
To view the Appendix 3G, click here:
http://www.rns-pdf.londonstockexchange.com/rns/2153O_1-2024-11-29.pdf
The above form is also available to
vie on the Company's website: https://auraenergy.com.au/investor-centre/
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. 2024 FEED Study[1] and Updated Production Target[2] demonstrated Tiris to be a near-term low-cost
2Mlbs U3O8 pa future 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")[3] and uranium[4] resource.
Utilising only 3% of the resource, a 2023 Scoping Study[5] outlined a 17-year mine life based on mining
3.5Mtpa.
NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS
DISCHARGING MANAGERIAL RESPONSIBILITIES AND PERSONS CLOSELY
ASSOCIATED WITH THEM
|
1.
|
Details of the person discharging managerial responsibilities
/ person closely associated
|
|
a)
|
Name(s)
|
1) Philip Mitchell
2) Bryan Dixon
3) Patrick Mutz
4) Warren Mundine
5) Andrew Grove
|
|
2.
|
Reason for the Notification
|
|
a)
|
Position / Status
|
1) Non-Executive
Chairman
2) Non-Executive
Director
3) Non-Executive
Director
4) Non-Executive
Director
5) Managing Director and
CEO
|
|
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
instrument, type of instrument
ISIN
|
Shares of no par value
each
AU000000AEE7
|
|
b)
|
Nature of the transaction
|
Grant of options
|
|
c)
|
Price(s) and volume(s)
|
|
Name
|
Price
|
Volume
|
|
Philip Mitchell
|
0.00 pence
|
465,116
|
|
Bryan Dixon
|
0.00 pence
|
310,078
|
|
Patrick Mutz
|
0.00 pence
|
310,078
|
|
Warren Mundine
|
0.00 pence
|
310,078
|
|
Andrew Grove
|
0.00 pence
|
6,441,860
|
|
|
d)
|
Aggregated information:
· Aggregated volume
· Price
|
See 4c above
|
|
e)
|
Date of the transaction
|
29 November 2024
|
|
f)
|
Place of the Transaction
|
Outside a trading venue
|
[1] ASX and AIM
Release: 28 Feb 2024 - FEED study confirms excellent economics for
the Tiris Uranium Project
[2] ASX and AIM
Release: 11 Sept 2024 - Updated Production Target improves
economics at Tiris Uranium Project
[3] ASX and AIM
Release: 10 Oct 2019 - Häggån Battery Metal Project Resource
Upgrade Estimate
[4] ASX and AIM
Release: 22 Aug 2012 - Outstanding Häggån
Uranium Resource expands to 800 million pounds
[5] ASX and AIM
Release: 5 Sept 2023 - Scoping Study
Confirms Scale and Optionality of Häggån
