Documents filed with Supreme Court of Victoria

RNS Number : 6166V

Aura Energy Limited

10 August 2020

 

AURA ENERGY LIMITED

("Aura" or the "Company")

Aura files documents with the Supreme Court of Victoria

Aura Energy Limited (AEE; ASX, AURA; AIM) (Aura) wishes to inform shareholders that the Company has filed documents with the Supreme Court of Victoria to commence proceedings (Process) alleging breaches of the Corporations Act 2001 (Cth) by ASEAN Deep Value Fund (ASEAN), a Cayman Island company (No 149267) and other defendants including Mr DP O'Neil (a director of ASEAN and resident of Indonesia) and Mr DE Roes (a director of ASEAN and a resident of Hong Kong); Pre-emptive Trading Pty Ltd and Mr JL Bennett (a resident of South Australia and a director of Aura); Mr Florian Hoertlehner (a resident of Panama) and Blue Star Private Foundation (an entity controlled by Mr Hoertlehner); and, Mr Axel Sartingen (a resident of Germany) and Milaco GmbH (an entity controlled by Mr Sartingen).

The Process alleges that the defendants have breached sections of the Corporations Act 2001 (Cth) relating to disclosure of substantial holdings and the prohibition on the acquisition by shareholders and their associates of voting power in a public company in excess of 20%. A range of orders have been sought, including the deferral of the extraordinary general meeting (EGM) requisitioned by ASEAN to be held on 14 August 2020. At the EGM a number of resolutions regarding the appointment and removal of directors are to be put to shareholders.

The Company will provide shareholders with an update on matters relating to the Process during the course of this week.

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

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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