Exercise of Options over Ordinary Shares

21 OCTOBER 2016

AURA ENERGY LIMITED
(“Aura” or the “Company”)

Exercise of Options over Ordinary Shares

Aura wishes to inform the market of the following change in the number of fully paid ordinary shares on issue:

Number of shares issued pursuant to exercise of options over ordinary shares	500,000
Proceeds	A$12,500
Total number of shares on issue following the issue	716,401,571
Ordinary shares held in Treasury	NIL
Admission date	26 October 2016

The change in the total number of shares on issue resulted from the exercise of 500,000 options over ordinary shares at an exercise price of 2.5 Australian cents per option over ordinary share which had a maturity of 5 february 2018.

The fully paid ordinary shares issued pursuant to the exercise of options over ordinary shares will rank pari passu with all ordinary shares on issue.

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

Aura Energy Limited Peter Reeve (Executive Chairman)	Telephone: [phone] [e-mail]
WH Ireland Limited Adrian Hadden Katy Mitchell	Telephone: [phone]
Yellow Jersey PR Limited Felicity Winkles Joe Burgess	Telephone:  [phone] [phone]