14 February 2022

Global X Uranium ETF Add Aura Energy

KEY POINTS:

·    Aura Energy has now been included The Global X Uranium ETF (NYSE:URA), the largest Exchange Traded Fund in the uranium and nuclear with net assets of approximately US$1.16 billion as of 1 February 2022

·    The inclusion in the ETF followed Aura being added to the Solactive Global Uranium and Nuclear Components Total Return Index (SOLURANT Index), tracked by the The Global X Uranium ETF (NYSE:URA).

Aura Energy Limited (ASX:AEE, AIM:AURA) ("Aura", or the "Company") a company focused on the development of the low capex, low operating cost Tiris Uranium Project Mauritania, is pleased to advise that the Company is now included in The Global X Uranium ETF (NYSE:URA), one of the world's most prominent uranium and nuclear industry indexes globally, with US$1.16 billion of assets under management.

The Global X Uranium ETF provides investors access to a broad range of companies involved in uranium mining and the production of nuclear components, including those in extraction, refining, exploration, or manufacturing of equipment for the uranium and nuclear industries.

The ETF seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the Solactive Global Uranium & Nuclear Components Total Return Index.  Detail of the daily weighting selection of the Global X Uranium ETF can be found on their website.

Aura Energy Acting CEO, Dr Will Goodall, commented: "We are pleased to advise of Aura Energy's inclusion in The Global X Uranium ETF.  We expect that the inclusion will raise awareness for the Company in the global investment community.  Aura continues to build a presence as a developer in the uranium sector and we expect that this inclusion will lead to introductions to new investors and possible partners for the Company and our projects."

This ASX Release as authorised by the Aura Energy Board of Directors.

For Further Information, please contact:

About Aura Energy (ASX:AEE, AIM:AURA)  

Aura Energy is an Australian based minerals company that has major polymetallic and uranium projects with large resources in Europe and Africa. The company has rapidly grown by acquiring new projects in areas with known polymetallic and uranium occurrences including Sweden and greenfield projects in Mauritania  

The Company is now focused on the Tiris Uranium Project, a major greenfields uranium discovery in Mauritania, with 49 Mlb U₃0₈ in current resources from 66 million tonnes @ 334 ppm U₃0₈.  

Notes to Project Description     

The Company confirms that the material assumptions underpinning the Tiris Uranium Production Target and the associated financial information derived from the Tiris production target as outlined in the Aura Energy release dated 18 August 2021 for the Tiris Uranium Project Definitive Feasibility Study continue to apply and have not materially changed.    

The Tiris Uranium Project Resource was released on 27 August 2021 "Resource Upgrade of 10% - Tiris Uranium Project".  The Company confirms that it is not aware of any new information or data that materially affects the information included in the relevant market announcement and that all material assumptions and technical parameters underpinning the estimates in the relevant market announcements continue to apply and have not materially changed.    

In respect to Resource statements there is a low level of geological confidence associated with inferred mineral resource and there is no certainty that further exploration work will result in the determination of indicated measured resource or that the production target will be realised.    

Disclaimer Regarding Forward Looking Statements  

This ASX announcement (Announcement) contains various forward-looking statements. All statements other than statements of historical fact are forward-looking statements. Forward-looking statements are inherently subject to uncertainties in that they may be affected by a variety of known and unknown risks, variables and factors which could cause actual values or results, performance or achievements to differ materially from the expectations described in such forward-looking statements. The Company does not give any assurance that the anticipated results, performance or achievements expressed or implied in those forward-looking statements will be achieved.