31 October 2024
Aura Energy Limited
("Aura" or the "Company")
Appendix 3B
Aura Energy Limited (ASX: AEE, AIM: AURA) ("Aura", the "Company") advises that an Appendix 3B (Proposed Issue of Options) form has been filled with the Australian Securities Exchange ("ASX") pursuant to the proposed grant of options to the Directors of the Company, further details of which are included in the Notice of Annual General Meeting as announced on 25 October 2024.
To view the Appendix 3B, click here: http://www.rns-pdf.londonstockexchange.com/rns/4105K_1-2024-10-31.pdf
The above forms are also available on the Company's website: https://auraenergy.com.au/investor-centre/
ENDS
The Managing Director and CEO of Aura Energy Ltd has approved this announcement.
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.
[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: "Häggån Battery Metal Project Resource Upgrade Estimate" 10 Oct 2019
[4] ASX and AIM Release: "Outstanding Häggån Uranium Resource expands to 800 million pounds" 22 Aug 2012
[5] ASX and AIM Release: "Scoping Study Confirms Scale and Optionality of Häggån" 5 Sept 2023
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