ASX Trading Halt

RNS Number : 9185U

Aura Energy Limited

31 March 2023

 

                                                                                                                        31 March 2023

Aura Energy Limited ASX Trading Halt

Aura Energy Limited (ASX:AEE, AIM:AURA) ("Aura", the "Company") a company focused on the development of the 85% owned Tiris Uranium Project, Mauritania, announces that the Company has requested  the Australian Securities Exchange ("ASX") to immediately halt trading in its shares quoted on the ASX in accordance with ASX Listing Rule 17.1, pending a further announcement from the Company.

The Company expects trading in its shares to resume on the ASX either when the expected announcement is made, or upon market open on the ASX on 4 April 2023, whichever is the earlier, and will provide the market with an update in due course.

Trading in the Company's ordinary securities will continue to trade as normal on AIM, a market operated by the LSE, during this period.

The full version of the ASX announcement can be seen here: http://www.rns-pdf.londonstockexchange.com/rns/9185U_1-2023-3-31.pdf

For Further Information, please contact:

David Woodall Managing Director and CEO Aura Energy Limited [e-mail]	Paul Ryan Citadel-MAGNUS Investor & Media Relations [e-mail] [phone]
SP Angel Corporate Finance LLP (Nominated Advisor and Joint Broker) David Hignell Kasia Brzozowska [phone]	WH Ireland Limited (Joint Broker) James Bavister Andrew de Andrade [phone]

	About Aura Energy (ASX:AEE, AIM:AURA)
	Aura Energy is an Australian-based minerals company with major uranium and polymetallic projects with large resources in Africa and Europe. The Company is principally focused on initial uranium production at its Tiris Uranium Project, an evolving major greenfields uranium discovery in Mauritania, with Aura announcing a Resource Upgrade in February 2023, bringing the total JORC Resource to 59 Mlbs (at a 100 ppm U3O8 lower cut-off grade). In March 2023, Aura released an Enhanced Definitive Feasibility Study for Tiris, reconfirming Tiris as one of the lowest capex, lowest operating cost uranium projects slated for development. In October 2021, the Company entered a US$10m Offtake Financing Agreement with Curzon, which includes an additional up to US$10m facility, bringing the maximum available under the agreement to US$20m. In 2023, Aura will continue to transition from an advanced uranium explorer to uranium producer, to capitalise on the growing appetite for nuclear power as a critical, baseload, near-zero-carbon energy source to help drive the global shift towards decarbonising energy generation.  @AuraEnergyAEE       https://www.linkedin.com/company/aura-energy-limited       Subscribe for Investor Updates

 

END

 

 

MSCDFLBXXXLBBBE