Aura Energy : Issue of Shares on Exercise of Options

AURA ENERGY LIMITED

(“Aura” or the “Company”)

Issue of Shares on Exercise of Options

Aura wishes to inform the market of the following change in the number of fully paid ordinary shares on issue of no par value:

Number of ordinary shares to be issued:

 Exercise of options over ordinary share with a maturity on 15 November 2018

 at 2 cents pursuant to capital raising on 16 November 2017             1,333,333
Total number of ordinary shares on issue                862,364,479
Ordinary shares held in Treasury                       NIL
Expected Admission date                       7 February 2018

The total number of ordinary shares on issue following the issue of the above shares will be 862,364,479 Ordinary Shares and this figure may be used by Shareholders, from the appropriate time, as the denominator for the calculations by which they will determine whether they are required to notify their interest in, or a change to their interest in, the share capital of the Company under the Financial Conduct Authority's Disclosure Guidance and Transparency Rules.

As disclosed above, the Company holds no Ordinary Shares in treasury.

For more information please visit www.auraenergy.com.au or contact the following:

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