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4-Traders Homepage  >  Equities  >  London Stock Exchange  >  Aura Energy Limited    AURA   AU000000AEE7

AURA ENERGY LIMITED (AURA)
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Aura Energy Limited - Update re: capital raising

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11/15/2017 | 08:43am CET
                                                                   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 (£648,245) 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)       [email protected]            
                                                                             
    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.

© PRNewswire 2017
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