TIDMAURA

RNS Number : 6702Q

Aura Energy Limited

22 October 2019

The information contained within this announcement is deemed by the Company to constitute inside information under the Market Abuse Regulation (EU) No. 596/2014.

AURA ENERGY LIMITED

("AURA" OR THE "COMPANY")

RECEIPT OF REQUISITION NOTICE

The Company advises that in accordance with ASX Listing Rule 3.17A, Aura Energy Limited (ASX:AEE, AIM:AURA) (Company) has received a request pursuant to section 249D of the Corporations Act 2001 (Cth) (Corporations Act) from Pre-Emptive Trading Pty Ltd (Requisition Notice).

Pre-Emptive Trading Pty Ltd is a shareholder that holds 5.89% of the Company's current share capital.

The Requisition Notice requests that the Company convene a meeting of shareholders to consider, and if thought fit, pass the following resolutions:

   1.   Resolution 1: Cancellation of Mr Peter Reeves 17.5m performance shares (November 2019)

2. Resolution 2: Removal of Mr Peter Reeve - as Executive Director, Managing Director and Chairman of Aura Energy Ltd, effective immediately

3. Resolution 3: Appointment of Mr John Bennett as a Non-Executive Director effective immediately.

The Company is seeking legal advice in relation to the Requisition Notice and will update the market in due course.

 
Aura Energy Limited                     Telephone: +61 (3) 9516 6500 
  Peter Reeve (Executive Chairman)        info@auraenergy.com.au 
 SP Angel Corporate Finance LLP          Telephone: +44 (0) 203 470 
  (Nominated Advisor and Joint Broker)    0470 
  Ewan Leggat 
  Caroline Rowe 
 
  WH Ireland Limited 
  (Joint Broker) 
  Adrian Hadden                           Telephone: +44 (0) 207 220 
  James Sinclair-Ford                     1666 
 
  Yellow Jersey PR Limited                Telephone: +44 (0) 7769 325 
  Felicity Winkles                        254 
  Joe Burgess

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END

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October 22, 2019 02:03 ET (06:03 GMT)

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