29 November 2024
| Appendix 3G
|
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 +61 414 011 383
| Paul Ryan Sodali & Co Investor & Media Relations +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) |
| ||||||||||||||||||
| 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
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