Aura Energy Limited Update re: capital raising
November 15 2017 - 2:42AM
UK Regulatory
TIDMAURA
15 November 2017
AURA ENERGY LIMITED
("Aura" or the "Company")
Aura Energy Limited (ASX:AEE/AIM:AURA) wishes to inform shareholders that on
finalisation of its previously announced Capital Raising (See Announcement
dated 3 November 2017), the Company has amended the number of shares to be
issued under the Capital Raising following confirmation of the GBP/AUD exchange
rate for United Kingdom-based investors and the settlement of equity raising
costs, in part, by way of the issue of fully paid ordinary shares and options
over ordinary shares.
The Company will issue 55,825,000 fully paid ordinary shares at 2 Australian
cents per share (1.17 pence per share). The Company had previously advised
that it would issue 55,115,250 fully paid ordinary shares at 2 Australian cents
per share (1.18 pence per share).
The number of options over ordinary shares to be granted is 18,608,333 compared
to the previous announcement of 18,371,750 options over ordinary shares.
The share capital of the Company following Admission will be 849,560,890 fully
paid ordinary shares with voting rights attached (one vote per ordinary share).
There are no shares held by the Company in treasury. The number of shares on
issue may be used by shareholders as the denominator for the calculations by
which they will determine whether they are required to notify their interests
in, or a change to their interest in, the Company.
Proceeds from the Capital Raising are $1,108,500 (GBP648,245) before costs.
The Company expects the shares to be admitted to trading on 20 November 2017
rather than 17 November 2017 as previously advised.
For more information please visit www.auraenergy.com.au or contact the
following:
Aura Energy Limited Telephone: +61 (3) 9516 6500
Peter Reeve (Executive Chairman) info@auraenergy.com.au
WH Ireland Limited Telephone: +44 (0) 207 220 1666
Adrian Hadden
Katy Mitchell
Yellow Jersey PR Limited Telephone:
Joe Burgess +44 (0) 7769 325 254
The information contained within this announcement is deemed by the Company to
constitute inside information under the Market Abuse Regulation (EU) No. 596/
2014.
END
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