Aura wishes to inform the market that on 8 May 2020 the Company issued the following ordinary shares:

Private Placement                                                                                                 120,000,000

Ordinary shares held in Treasury                                                                                         Nil

Expected Admission date                                                                                    15 May 2020

Background

Issue of shares

On 8 May 2020 the Company issued 120,000,000 shares to three sophisticated and professional investors pursuant to s.708 of the Corporations Act.

The issue price was 0.275 cents per fully paid ordinary share.

The proceeds will be used for general working capital.

Total shares on issue

The total number of ordinary shares on issue following the issue and Admission of the above Shares will be 2,106,772,225.   There are no shares held in treasury and, therefore this figure may be used by shareholders, from the appropriate time, as the denominator for the calculations by which they will determine whether they are required to notify their interest in, or a change to their interest in, the share capital of the Company under the Financial Conduct Authority’s Disclosure Guidance and Transparency Rules.

For more information please visit www.auraenergy.com.au or contact the following:

The information contained within this announcement is deemed by the Company to constitute inside information under the Market Abuse Regulation (EU) No. 596/2014.