Exercise of Options

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

Exercise of Options

Aura announces the following option exercise;

Options Exercised	4,581,633
Exercise Price	2.5 AUD  cents
Proceeds	A$114,541
New Total Issued Ordinary Share Capital	715,901,577

Admission will become effective on 14 October 2016.

The New Shares will rank pari passu in all respects with the Company's existing Ordinary Shares in issue.

The issued ordinary share capital of the Company following Admission will consist of 715,901,577 Ordinary Shares with voting rights attached (one vote per Ordinary Share). There are no Ordinary Shares held in treasury.

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 James Bavister	Telephone: [phone]
Yellow Jersey PR Limited Felicity Winkles Joe Burgess	Telephone:  [phone] [phone]