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Aura Energy Limited announced on 12 August 2026 that Mark Somlyay has resigned as Chief Financial Officer. He will serve a four-month transition period, remaining with the company until 8 December 2026. The Tiris Uranium Project timetable remains unchanged, with the Bankable Feasibility Study and Information Memorandum due in September 2026 and project financing by the end of 2026.
| Date | 12 Aug 2026 |
| Time | 07:00:04 |
| Category | Board changes |
| ID | 2784Q |
Aura Energy Limited (ASX: AEE, AIM: AURA) ("Aura" or the "Company") advises that Mark Somlyay has resigned as Chief Financial Officer. Under his contract, he will serve a four-month transition period and will, unless otherwise agreed, remain with the Company until 8 December 2026. The Board thanks Mr Somlyay and wishes him well.
The Tiris Uranium Project timetable is unchanged. Aura remains on track to complete the Bankable Feasibility Study and Information Memorandum in September 2026 and to conclude project financing by the end of 2026. Mr Somlyay will continue in his role through that period, so there is no interruption to the finance function and no interim appointment is required.
A successor process is well advanced. The Board is prioritising candidates with direct experience financing major resource projects and will update the market on appointment.
ENDS
Authorisation for release
This announcement is authorised for release by the Board of Aura Energy Ltd.
This Announcement contains inside information for the purposes of the UK version of the market abuse regulation (EU No. 596/2014) as it forms part of United Kingdom domestic law by virtue of the European Union (Withdrawal) Act 2018 ("UK MAR").
For further information, please contact:
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Philip Mitchell Executive Chair Aura Energy Limited
+44 7771 317302
|
GRACosway Australian investor and media Bill Frith
+61 405 144 807 |
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SP Angel Corporate Finance LLP Nominated Adviser David Hignell Adam Cowl & Devik Mehta
+44 203 470 0470 |
Tamesis Partners LLP Broker Charlie Bendon Richard Greenfield
+44 203 882 2868 |
About Aura Energy (ASX: AEE, AIM: AURA)
Aura Energy Limited (ASX:AEE, AIM:AURA) is an Australian-based company focused on the development of uranium and battery metals to support a cleaner energy future. Aura is committed to creating value for host nations, local communities, and shareholders through responsible and sustainable resource development. Aura is advancing two key projects:
§ Tiris Uranium Project, Mauritania - A fully permitted, near-term development asset with a potential long mine life. Aura plans to transition from a uranium explorer to a uranium producer to capitalise on the rapidly growing demand for nuclear power as the world shifts towards a decarbonised energy sector
§ Häggån Polymetallic Project, Sweden - A globally significant deposit containing vanadium, sulphate of potash, and uranium with potential long-term value.
Aura is committed to creating value for host nations, local communities, and shareholders through responsible and sustainable resource development.