Appendix 3G
Issued 484,680 zero-priced employee options with vesting conditions tied to performance milestones.
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Aura Energy Limited (ASX: AEE, AIM: AURA) ("Aura" or 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, advises that an Appendix 3G - (notification of issue, conversion or payment up of unquoted equity securities) form has been filed with the Australian Securities Exchange ("ASX"), relating to the issue of 484,680 Employee Zero Priced Options ("ZEPO's") to an employee, subject to the achievement of certain vesting conditions including defined performance milestones measured over a three year period to 30 June 2027.
The ZEPO's are issued under the Company's Employee Incentive Security Plan approved by the Company's shareholders on 29 November 2022.
To view the Appendix 3G, click here: http://www.rns-pdf.londonstockexchange.com/rns/0808S_1-2025-1-3.pdf
The Company is focused on developing a uranium mine at the Tiris Uranium Project, a major greenfield uranium discovery in Mauritania. The 2024 FEED Study[1] and Production Target Update[2] demonstrates Tiris to be a near-term low-cost uranium mine producing 2Mlbs pa U3O8 over a 25-year mine life with excellent economics and optionality to expand and to accommodate future exploration success.
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.