Appointment of Chief Financial Officer

Aura Energy Limited (ASX: AEE, AIM: AURA) ("Aura" or "the Company") is pleased to announce the appointment of Mr Mark Somlyay to the newly created position of Chief Financial Officer ("CFO"), commencing on 22 April 2024.

Mr Somlyay has more than 20 years' experience in finance, commercial and business improvement within the mining industry. Importantly, the majority of his experience has been in West Africa and in francophone jurisdictions, where he has been involved in the recent development of three greenfield projects.

Most recently Mark was Finance Director, Australia for Agnico Eagle Mines Limited (TSX: AEM). Previously Mark was CFO at Chesser Resources Limited (ASX: CHZ) a Senegal focused gold development company which was acquired by Fortuna Silver Mines (TSX: FVI) in 2023. Prior to that, Mark was Group General Manager Commercial at Perseus Mining Limited (ASX:PRU) where he was intimately involved in the successful development and funding of both the Sissingué and Yaouré gold mines in Côte d'Ivoire.

Mr Somlyay holds a Bachelor of Commerce from the University of Queensland and an Australian CPA accreditation.

Aura's MD and CEO Andrew Grove commented:

"We are pleased to welcome Mark to the Aura Energy team. Mark's exceptionally strong commercial skills as well as his recent development, operational and funding experiences will be critical to assist Aura progress the Tiris Uranium Project through to final investment decision, which is expected this year, and then into production."

"Mark's appointment as CFO is another important step in the development of Tiris and the steady progress in Mauritania is exciting. We look forward to providing our shareholders with further updates as we achieve more milestones during 2024."

The Board of Aura Energy Ltd has approved this announcement.