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aura energy ltd (AEE) Snapshot

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07/25/13 - A$0.08
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aura energy ltd (AEE) Details

Aura Energy Limited explores and evaluates mineral properties. It operates through three segments: Australia, Sweden, and West Africa. The company explores for uranium, gold, silver, and base metals projects. It principally holds a 100% interest in the Häggån project covering an area of approximately 110 square kilometers located in Storsjön District, Sweden; and the Reguibat Craton project covering approximately 8,400 square kilometers in northern Mauritania, West Africa. The company was founded in 2005 and is based in West Perth, Australia.

3 Employees
Last Reported Date: 09/27/13
Founded in 2005

aura energy ltd (AEE) Top Compensated Officers

Managing Director and Director
Total Annual Compensation: A$239.4K
Exploration Manager
Total Annual Compensation: --
Compensation as of Fiscal Year 2013.

aura energy ltd (AEE) Key Developments

Aura Energy Announces Change of Company Secretary

Aura Energy announced that Mr. Jay Stephenson has resigned as Company Secretary, effective February 5, 2014. Mr. Stan Zillwood has been appointed to the position.

Aura Energy Limited, Annual General Meeting, Nov 21, 2013

Aura Energy Limited, Annual General Meeting, Nov 21, 2013., at 13:30 W. Australia Standard Time. Location: Level 4. Agenda: To adopt the remuneration report for the financial year ended June 30, 2013; to re-elect Peter Reeve, Brett Fraser, as Director; to approve the company to issue 6,250,000 options to Peter Reeve, Robert Beeson, Brett Fraser, Julian Perkins; to approve the future placement of shares; and to approve spill resolution.

Aura Energy Limited Announces Executive Changes

As part of this restructure Mr. Peter Reeve has accepted the role as Chairman of Aura Energy Limited, effective immediately. Mr. Reeve is a professional metallurgist, and has held positions with Rio Tinto, Billiton Australia and Newcrest Mining. Peter was a Resource Fund Manager and Resources Corporate Finance Director at J B Were & Son. More recently Peter was Chief Executive Officer of Ivanhoe Australia Ltd. Mr. Reeve takes over the Chairman position from Mr. Brett Fraser, who remains on the Board as a Non-Executive Board Member. Mr. Fraser has been Chairman of Aura since its listing in 2006. Mr. Jay Stephenson, Mr. Simon O'Loughlin and Mr. Leigh Junk have also stood down from their Non-Executive Board positions with Aura. Messrs Stephenson and O'Loughlin have been directors since the company's quotation on the ASX. Together with Mr. Junk these Board Members have made valuable contributions to the progress of the company. Mr. Stephenson remains company secretary for Aura. The reduction in numbers of Board members is part of Aura's cost efficiency programme in these challenging times in the junior mining sector.


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