Source - LSE Regulatory
RNS Number : 1132F
Aura Energy Limited
17 March 2022
 

 17 March 2022

Aura Energy Limited

Issue of Equity

 

Aura Energy Limited (ASX: AEE, AIM: AURA) ("Aura" or the "Company") announces that it has issued 35,200,000 ordinary shares to new and existing shareholders at a price of A$0.25 each arising from a placing to raise gross proceeds of AU$8.8million as announced by the Company on the 14 March 2022 (the "New Shares").

Admission to trading on AIM and Total Voting Rights

Application will be made for the 35,200,000 New Shares which will rank pari passu with the existing ordinary shares of no par value in the Company ("Ordinary Shares"), to be admitted to trading on AIM ("Admission"). It is expected that Admission will become effective and dealings in the New Shares will commence at 8:00 a.m. on or around 23 March 2022.

Following the issue of the New Shares, the total issued share capital of the Company will consist of 459,640,929 Ordinary Shares.  The Company does not hold any Ordinary Shares in Treasury. Therefore, the total number of Ordinary Shares in the Company with voting rights following Admission will be 459,640,929 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.

Market Abuse Regulation (MAR) Disclosure

The information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014 ('MAR') which has been incorporated into UK law by the European Union (Withdrawal) Act 2018.  Upon the publication of this announcement via Regulatory Information Service ('RIS'), this inside information is now considered to be in the public domain.

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


For Further Information, please contact:

Philip Mitchell

Non-Executive Chairman

Aura Energy Limited

info@auraenergy.com.au 

Jane Morgan

JMM

Investor & Media Relations

jm@janemorganmanagement.com.au

+61 405 555 618

SP Angel Corporate Finance LLP

(Nominated Advisor and Joint Broker)

David Hignell

Kasia Brzozowska

+44 (0) 203 470 0470

WH Ireland Limited

(Joint Broker)

Jessica Cave

Andrew de Andrade

+44 (0) 207 220 1666

 

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