Appointment of Ousmane Kane to Aura Energy Board

Aura Energy Board

Aura Energy Limited (ASX: AEE, AIM: AURA) ('Aura' or the 'Company') is pleased to announce the appointment of Mr Ousmane Mamoudou Kane to the Board of Directors as an independent Non-Executive Director, effective immediately to further strengthen Aura's team as it progresses towards development of the Tiris Uranium Project.

Mr Kane served as Mauritania's Finance Minister and Minister of Economic Affairs and Promotion of Productive Sectors. His distinguished career includes Governor of the Central Bank of Mauritania, CEO of SNIM the state-owned iron ore miner, senior advisor to head of state, Vice-President African Development Bank and roles in international finance, economic reform, and government policy, as well as deep engagement with Africa's development and infrastructure agenda.

Mr Kane brings over three decades of experience across both the public and private sectors. His expertise in economic policy, investment strategy, and regional development will be invaluable as Aura advances the Tiris Uranium Project toward development.

Aura Executive Chair Phil Mitchell said:

"Ousmane is an eminent Mauritanian leader and statesman who brings a deep understanding of our host nation, its communities and people together with a depth of financial knowledge and extraordinary wisdom. His experience and wisdom will significantly strengthen our board. Ousmane is committed to ensuring that the Tiris project is brought to fruition successfully and we welcome him as a director."

Mr Ousmane Kane said:

"I am honoured to join a great team to contribute to the development of an important mining project in my country. This gives me a wonderful new challenge I am delighted to tackle collectively with my new colleagues."

Aura Energy Managing Director and Chief Executive Officer, Andrew Grove said:

"We are honoured to welcome Mr Kane to the Aura Board. His depth of experience in economic development and investment strategy within Mauritania and across Africa adds significant strength to Aura as we continue to progress Tiris into production. This appointment reflects our commitment to strong local partnerships and a long-term vision of sustainable development in Mauritania."

This appointment further reinforces Aura's engagement in Mauritania as a partner in delivering long-term economic value through the development of the Tiris Project.

Aura Energy will seek to leverage Mr Kane's strategic insights and networks to support government collaboration, funding efforts, and responsible project delivery aligned with global ESG standards.

AIM Rules disclosures

The following information is disclosed pursuant to Rule 17 and Schedule Two Paragraph (g) of the AIM Rules for Companies in relation to Ousmane Mamoudou Kane, aged 70.

GBM (Générale des Banques de Mauritanie)

TMLSA

Algold Resources Ltd

ENCO & Associés

Liberia Mofe Creek Mining

There are no further disclosures required to be made in respect of the appointment of Mr Kane under AIM Rule 17 and Schedule 2(g) of the AIM Rules for Companies.

Authorisation for release

This announcement is authorised for release by the Board of Aura Energy Limited.

Aura is advancing two key projects: