Home » Curzon Offtake Restructure and Placement Completed

Curzon Offtake Restructure and Placement Completed

Curzon Offtake Restructure and Placement Completed

KEY POINTS:

Aura MD and CEO, Andrew Grove commented:

“We are pleased to conclude the value accretive offtake restructure and we welcome Curzon – a leading global trader in uranium – as a new significant long term Aura shareholder and partner for the development of the Tiris Uranium Project. Curzon’s deep market insights and extensive networks will be of significant benefit to the development and successful operation of the Tiris Uranium Mine and will therefore be of enormous benefit to all Aura shareholders and stakeholders.”

Application for Admission and Total Voting Rights

Application will be made to the London Stock Exchange for the 59,829,060 new shares to be admitted to trading (“Admission”). It is expected that Admission will become effective on or around 20 August 2024.

Following the issue of the 59,829,060 shares to Curzon, the total issued share capital of the Company will consist of 848,462,427 ordinary shares of no par value each (“Ordinary Shares”). The Company does not hold any Ordinary Shares in Treasury. Therefore, the total current voting rights in the Company following Admission will be 848,462,427 and this figure may be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change in their interest in, the share capital of the Company under the FCA’s Disclosure Guidance and Transparency Rules.

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