How the separate listing will work re- AURA investors.... read...

How the separate listing will work re- AURA investors....

read complete article/Rns
https://www.investegate.co.uk/aura-...nge-listing-of-h-gg-n---/20171213070012PA482/

Current investors should benefit in AURA
Aura will also entertain, and seek, strategic investors into the new vehicle who operate within aligned Battery Metal industries. This would assist in transforming Haggan into a corporate entity which can take advantage of the Green Metals revolution currently underway globally, which Aura believes will continue for many years to come.

The rapid change in pricing of Battery Metals and their newly assumed role in society have been nothing short of breathtaking and Aura Energy sees a significant opportunity in this transformation for Haggan and shareholders.

"The role of vanadium Redox-Flow batteries will transform the use of renewable energy in large scale grid applications with their ability for long term energy storage. Aura has the potential to be a key player in this area and Europe is particularly well positioned to embrace this battery technology and there is no region currently, where this is more important. Pleasingly it just happens to be where Haggan is situated, Mr Reeve said.

Aura has commenced early stage planning for the separate listing of Haggan and key steps in this process are;

Commence an immediate corporatization of the Haggan asset

Commence search for new management team

Rename the Haggan Battery Metals vehicle

Sell down 20-30% of the new entity

List it separately on the London or Toronto stock exchange as primary exchange

Secondary listing on Sweden£s Stock exchange

Aura hopes to complete the process as quickly as possible and has set a conceptual timetable of completing the process during the course of 2018.