13 December 2024

ASX Trading Halt

Aura Energy Limited (ASX: AEE, AIM: AURA) ("Aura", the "Company") a company focused on the development of the 85% owned Tiris Uranium Project in Mauritania and the 100% owned Häggån Polymetallic Project in Sweden, announces that the Company has requested the Australian Securities Exchange ("ASX") to immediately halt trading in its shares quoted on the ASX in accordance with ASX Listing Rule 17.1, pending a further announcement from the Company regarding a capital raising.

The Company expects the securities remain in trading halt until the earlier of the announcement of the outcome of the capital raising or the commencement of trading on Tuesday 17 December 2024.

Trading in the Company's ordinary securities will continue to trade as normal on AIM, a market operated by the LSE, during this period.

The full version of the ASX announcement can be seen here: http://www.rns-pdf.londonstockexchange.com/rns/0200Q_1-2024-12-13.pdf

For further information, please contact:

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

Aura Energy is an Australian-based mineral company with major uranium and polymetallic projects in Africa and Europe.

The Company is focused on developing a uranium mine at the Tiris Uranium Project, a major greenfield uranium discovery in Mauritania. 2024 FEED Study[1] and Updated Production Target[2] demonstrated Tiris to be a near- term low-cost 2Mlbs U₃O₈ pa future uranium mine with a 25-year mine life with excellent economics and optionality to expand to accommodate future resource growth.

Aura plans to transition from a uranium explorer to a uranium producer to capitalise on the rapidly growing demand for nuclear power as the world shifts towards a decarbonised energy sector.

Beyond the Tiris Project, Aura owns 100% of the Häggån Project in Sweden. Häggån contains a global-scale 2.5Bt vanadium, sulphate of potash ("SOP")[3] and uranium[4] resource. Utilising only 3% of the resource, a 2023 Scoping Study[5] outlined a 17-year mine life based on mining 3.5Mtpa.