Issue of Shares

RNS Number : 8925M

Aura Energy Limited

14 May 2020

 

AURA ENERGY LIMITED

("Aura" or the "Company")

Issue of Shares

Aura wishes to inform the market that on 13 May 2020 the Company issued the following ordinary shares:

Extinguishment of outstanding obligations  63,263,741

Ordinary shares held in Treasury  Nil

Expected Admission date  20 May 2020

Background

Issue of shares

On 13 May 2020 the Company issued 63,263,741 shares as payment for outstanding obligations to various individuals including a number of consultants and a drilling contractor. Of this 63,263,741 shares issued, 25,131,579 shares were issued to Mr. John Madden, Company Secretary as payment in lieu for services between August 2019 and April 2020.

The issue price was 0.38 cents per fully paid ordinary share.

Total shares on issue

The total number of ordinary shares on issue following the issue and Admission of the above Shares will be 2,170,035,966.    There are no shares held in treasury and, therefore this figure may be used by shareholders, from the appropriate time, as the denominator for the calculations by which they will determine whether they are required to notify their interest in, or a change to their interest in, the share capital of the Company under the Financial Conduct Authority's Disclosure Guidance and Transparency Rules.

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.

NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES AND PERSONS CLOSELY ASSOCIATED WITH THEM

.	Details of the person discharging managerial responsibilities/person closely associated
a)	Name:	John Madden
2.	Reason for the notification
a)	Position/status:	Company Secretary
b)	Initial notification/Amendment:	Initial notification
3.	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name:	Aura Energy Limited
b)	LEI:	5493003D06RIWBKIKA27
4.	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)	Description of the financial instrument, type of instrument: Identification code:	Shares of nil par value each  ISIN: AU000000AEE7
b)	Nature of the transaction:	Issue of shares as payment for services
c)	Price(s) and volume(s):	Price(s) Volume(s) 0.38 cents 25,131,579
d)	Aggregated information: Aggregated volume: Price:	Single transaction as in 4 c) above Price(s) Volume(s) 0.38 cents 25,131,579
e)	Date of the transaction:	13 May 2020
f)	Place of the transaction:	Outside of a trading venue

 

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