AURA Aura Energy Limited

TIDMAURA

RNS Number : 5996C

Aura Energy Limited

11 February 2020

AURA ENERGY LIMITED

("Aura" or the "Company")

Issue of Shares

Aura wishes to inform the market that on 11 February 2020 its board of directors approved the following share issues:

SD Capital Advisory Limited/GKB Ventures Limited for provision of

financing advisory services 11,164,037

Total number of ordinary shares on issue 1,540,521,259

Ordinary shares held in Treasury Nil

Expected Admission date 18 February 2020

Background

SD Capital Advisory/GKB Ventures Limited Engagement Letter

On 25 January 2019, the Company executed a Letter of Engagement with SD Capital Advisory Limited and GKB Ventures Limited (collectively "S&G") as joint finance advisors to arrange funding for both the Tiris uranium project in Mauritania and the Häggån vanadium project in Sweden. The issue of shares referred to above represents a retainer payable for September 2019 to December 2019 at a share price of 0.8 cents per share.

Total shares on issue

The total number of ordinary shares on issue following the issue and Admission of the above shares will be 1,540,521,259 ordinary shares. There are no shares held in treasury and, therefore this figure may be used by shareholders, from the appropriate time, as the denominator for the calculations by which they will determine whether they are required to notify their interest in, or a change to their interest in, the share capital of the Company under the Financial Conduct Authority's Disclosure Guidance and Transparency Rules.

For more information please visit www.auraenergy.com.au or contact the following:

 
Aura Energy Limited                     Telephone: +61 (3) 9516 6500 
  Peter Reeve (Executive Chairman)        info@auraenergy.com.au 
 SP Angel Corporate Finance LLP          Telephone: +44 (0) 203 470 
  (Nominated Advisor and Joint Broker)    0470 
  Ewan Leggat 
  Caroline Rowe 
  WH Ireland Limited 
  (Joint Broker) 
  Adrian Hadden 
  James Sinclair-Ford                     Telephone: +44 (0) 207 220 
                                          1666 
  Yellow Jersey PR Limited 
  Felicity Winkles                        Telephone: +44 (0) 7769 325 
  Joe Burgess                             254 
 

The information contained within this announcement is deemed by the Company to constitute inside information under the Market Abuse Regulation (EU) No. 596/2014.

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

END

IOEFIFIRFTILLII

(END) Dow Jones Newswires

February 11, 2020 02:00 ET (07:00 GMT)

Grafico Azioni Aura Energy (LSE:AURA)
Storico
Da Mar 2024 a Apr 2024

Grafico Azioni Aura Energy (LSE:AURA)
Storico
Da Apr 2023 a Apr 2024