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Aurora Energy Metals

Aurora Energy Metals

ASX:1AE

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Uranium

Uranium is a heavy metal that has been used as an abundant source of concentrated energy for over 60 years.

Nuclear provides safe and reliable, emissions free baseload power and is a key pillar in the clean energy transition. Nuclear power is important to achieve net zero goals.

About 10% of the world’s electricity is generated from uranium in nuclear reactors. This amounts to over 2500 TWh each year, as much as from all sources of electricity worldwide in 1960.

It comes from about 440 nuclear reactors with a total output capacity of about 390,000 megawatts (MWe) operating in 32 countries. About 55 more reactors are under construction and about 100 are planned.

The world’s existing nuclear fleet and new build reactors require an increasing supply of uranium, yet uranium production has declined.

Belgium, Bulgaria, Czech Republic, Finland, France, Hungary, Slovakia, Slovenia, Sweden, Switzerland and Ukraine all get 30% or more of their electricity from nuclear reactors.

Emmanuel Macron recently announced a renaissance for the French Nuclear Industry:

‘What our country needs is the rebirth of France’s nuclear industry’

The US nuclear power industry is still the world’s largest uranium consumer, with little domestic supply, providing a domestic opportunity for Aurora. The USA has about 90 reactors operating, supplying 20% of its electricity.

Over the past decade, uranium production from mines in the United States has declined from ~1,596 tonnes of uranium in 2012 to ~6 tonnes in 2020, resulting in the US having to import nearly all of its uranium requirements. The Aurora Energy Metals Project in southeast Oregon is well placed to potentially become a future supplier of locally mined uranium for the US nuclear sector.

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Suite 1, 245 Churchill Avenue Subiaco, WA 6008
PO Box 162, Subiaco WA 6904

Phone: 08 6465 5500
Email: moc.s1679474586latem1679474586ygren1679474586earor1679474586ua@of1679474586ni1679474586

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Download prospectus*
Share Offer Prospectus

Aurora Energy Metals Limited has lodged a prospectus with ASIC on 29 March 2022 to raise $8,000,000 at 20 cents per share ("Prospectus"). The Company will seek to list on the Australian Securities Exchange.

IMPORTANT INFORMATION

This is an important document that should be read in its entirety. If you do not understand it you should consult your professional adviser without delay.

The Offer

The Offer comprises:

(a) the Institutional Offer, which consists of an offer to Institutional Investors in Australia to apply for Shares; and
(b) the Broker Firm Offer, which is open to Australian resident retail clients of Brokers and other selected retail clients who receive a firm allocation of Shares from the Lead Manager or a Broker.

No offer of Shares to the general public will be made under the Offer.

For a printed copy of the Prospectus, click here to request a copy to be mailed to you.

Closing Date

Anticipated closing date for the Offer is 26 April 2022.

The Company reserves the right to vary this date without prior notice.

Investors are encouraged to submit their relevant application form as soon as possible.

Expiry Date

The expiry date of the Prospectus is 13 months after the lodgement date.

WARNING:

For legal reasons, the information and electronic Prospectus provided by this website is available to persons accessing this website from within AUSTRALIA ONLY. If you are accessing this website from anywhere outside Australia, please DO NOT download the electronic Prospectus accessible through this website.

This Prospectus does not constitute an offer of securities in any jurisdiction where, or to any person to whom, it would not be lawful to issue the Prospectus or make the offer. It is the responsibility of any applicant outside Australia to ensure compliance with all laws of any country relevant to their applications, and any such applicant should consult their professional advisers as to whether any government or other consents are required, or whether any formalities need to be observed to enable them to apply for and be allotted any securities.

No action has been taken to register or qualify the securities or the Offer or otherwise to permit a public offering of the securities in any jurisdiction outside Australia.

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To view or print the Prospectus, you need to accept these terms and conditions by clicking on "I agree" below.
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