Ann: Aura Completes Equity Raising, page-3

Aura Energy Limited (ASX:AEE/AIM:AURA) is pleased to advise that it has closed a private
placement to sophisticated investors in Australia and the United Kingdom and raised
A$3.7m before costs. The capital raising, more than twice over-subscribed, was led by
Melbourne boutique, Peak Asset Management.

The terms of the placement were;
• 1 fully paid ordinary share at 1.9 Australian cents
• 1 option for every 2 shares subscribed
• Options are unlisted and exercisable at 3.3 cents, expiring September 2019
• 194,736,842 fully paid ordinary shares to be issued
• 97,368,421 options granted over ordinary shares
The Company has capacity to issue approximately 60% of shares (A$2.14m) as Tranche
1 under ASX Listing Rule 7.1 (34,523,929 shares) and 7.1A (79,973,589 shares). These
will be issued immediately and the residual, approximately A$1.5m and the options will
be subject to shareholder approval and issued at a later date as Tranche 2.