Aura executes Loan Funding

RNS Number : 8666W

Aura Energy Limited

21 August 2020

 

21 August 2020

AURA ENERGY LIMITED

("Aura" or the "Company")

Aura executes Loan Funding

Aura Energy Limited (AEE:ASX, AURA: AIM) advises that it has executed short term loan funding of A$100,000 with Lind Global Macro Fund for general corporate purposes.

The terms are listed below and the funding does not include any securities.

Advance      A$106,000

Face Value Amount   A$127,000

Legal Fees  A$5,000 legal fees (Paid on repayment)

Repayment Date   31 December 2020

Interest rate      0% per annum

Security General Security Agreement by the Borrower in favour of the Lender, dated on or about 30 April 2019.

Governing law    Western Australia

Facility Fee      A$6,000

For further information please contact:

Aura Energy Limited Peter Reeve (Executive Chairman) SP Angel Corporate Finance LLP (Nominated Advisor and Joint Broker) Ewan Leggat Caroline Rowe WH Ireland Limited (Joint Broker) Adrian Hadden James Sinclair-Ford Yellow Jersey PR Limited Felicity Winkles Joe Burgess

Telephone: [phone] [e-mail] Telephone: [phone] Telephone: [phone] Telephone: [phone]

The information contained within this announcement is deemed by the Company to constitute inside information under the Market Abuse Regulation (EU) No. 596/2014.

 

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