Aura Energy Limited Cancellation of Securities
05 Marzo 2024 - 5:53AM
RNS Regulatory News
RNS Number : 6534F
Aura Energy Limited
05 March 2024
5 March 2024
Aura Energy Limited
("Aura"
or the "Company")
Cancellation of
Securities
|
Aura Energy Limited (ASX:AEE, AIM:AURA) ("Aura", the "Company") advises that an Appendix 3H
(Notification of cessation of securities) has been filed with the
Australian Securities Exchange ("ASX") and is available on the
Company's website: https://auraenergy.com.au/investor-centre/asx-announcements/
The Company has cancelled 2,000,000
ordinary shares held by Neil Clifford, a former director of
Archaean Greenstone Gold, a wholly owned subsidiary of the Company,
which were part of the 20,000,000 Loan Funded Shares that were
admitted to trading on AIM on 7 July 2022 ("Cancelled Shares"), due
to lapse of conditional right to securities because the conditions
have not been, or have become incapable of being
satisfied.
Application will be made for the
2,000,000 Cancelled Shares to be cancelled from trading on AIM
("Cancellation"). It is expected that Cancellation will become
effective on or around 12 March 2024.
Total Voting Rights
Following the cancellation of
2,000,000 Cancelled Shares, the total issued share capital of the
Company will consist of 625,370,646 ordinary shares of no par value each
("Ordinary Shares"). The Company does not hold any Ordinary
Shares in Treasury. Therefore, the total current voting
rights in the Company following cancellation will be
625,370,646 and this figure may be used by
shareholders in the Company as the denominator for the calculations
by which they will determine if they are required to notify their
interest in, or a change in their interest in, the share capital of
the Company under the FCA's Disclosure Guidance and Transparency
Rules.
For
Further Information, please contact:
Andrew Grove
Managing Director and CEO
Aura Energy Limited
info@auraenergy.com.au
|
Paul Ryan
Citadel-MAGNUS
Investor & Media
Relations
Pryan@citadelmagnus.com
+61 409 296 511
|
SP Angel Corporate Finance
LLP
(Nominated Advisor and Joint
Broker)
David Hignell
Kasia Brzozowska
+44 (0) 203 470 0470
|
|
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About Aura Energy (ASX:AEE, AIM:AURA)
|
|
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Aura Energy is an Australian-based
minerals company that has major uranium and polymetallic projects
with large resources in Africa and Europe. The Company is now
focused on uranium production from the Tiris Project, a major
greenfield uranium discovery in Mauritania.
A recent Enhanced Feasibility Study
has increased the project NPV significantly which reconfirms Tiris
as one of the lowest capex, lowest operating cost uranium projects
that remain undeveloped in the world.
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 a uranium explorer to a uranium producer, to
capitalise on the rapidly growing demand for nuclear power as the
world continues to shift towards a decarbonised energy
sector.
@AuraEnergyAEE
https://www.linkedin.com/company/aura-energy-limited
Subscribe for Investor
Updates
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1.
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Details of the person discharging managerial
responsibilities/person closely associated
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a)
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Name:
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Neil Clifford
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2.
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Reason for the
notification
|
a)
|
Position/status:
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Former Director of 100% owned
subsidiary, Archaean Greenstone Gold Pty Ltd
|
b)
|
Initial
notification/Amendment:
|
Initial notification
|
3.
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Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
|
a)
|
Name:
|
Aura Energy Limited
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b)
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LEI:
|
5493003D06RIWBKIKA27
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4.
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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)
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Description of the financial
instrument, type of instrument:
Identification code:
|
shares of no par value
each
AU000000AEE7
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b)
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Nature of the
transaction:
|
Cancellation of Loan Funded Option
Shares (as part of Loan Funded Equity Scheme)
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c)
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Price(s) and volume(s):
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Neil Clifford
Price(s)
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Volume(s)
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A$0.25
|
2,000,000
|
|
|
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d)
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Aggregated information:
Aggregated volume:
Price:
|
Cancellation of Loan Funded Option
Shares as above
2,000,000
A$0.25
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e)
|
Date of the transaction:
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5 March 2024
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f)
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Place of the transaction:
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Outside a trading venue
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