Aura Energy Limited Npv Di — Addendum to Annual Report - Remuneration Report

(LSE:AURA) Aura Energy Limited issued an addendum to its Annual Report, correcting its Remuneration Report and confirming a $425,000 termination benefit. The termination benefit is structured as two payments of $212,500 each. A $42,500 short-term incentive for FY2025 was paid as part of group outcomes. Upon departure, 6,441,860 unvested incentive options lapsed. The individual held 416,667 listed options, which were personal purchases. The executive long-term incentive is option-based, with an exercise price of $0.11 per option. These options vest in three tranches: Financing/FID, Delivery, and Value. The Value tranche vests only if performance is above the 25th percentile and vests in full at the 75th percentile against uranium peers. Fixed pay is positioned between the 25th and 75th percentiles. Cash short-term incentives (STIs) are discontinued until project financing is achieved. Vested shares are subject to a 12-month escrow period. The addendum clarifies the treatment of options and incentives upon executive departure. The report also details the performance-based vesting criteria for long-term incentives. The company confirms that listed options held were acquired through personal purchase, not as part of incentive grants.

Auranova Announces Closing of Private Placement of Units and Flow-Through Shares

(TSXV:AURA) Auranova Resources Inc. has closed its non-brokered private placement, issuing 2,804,334 common shares on a flow-through basis at a price of $0.30 per FT Share and 11,340,000 units on a hard-dollar basis at a price of $0.25 per Unit, for aggregate gross proceeds of $3,676,300.20. Each Unit consists of one common share and one-half of one common share purchase warrant, with each whole warrant entitling the holder to acquire one common share at a price of $0.50 for one year from closing. The company paid eligible persons a cash commission of $157,338.01 in connection with the offering. All securities issued are subject to a hold period of four months plus a day from issuance and applicable resale rules. The closing of the offering is subject to conditions including regulatory and TSX Venture Exchange approval. Net proceeds from the sale of Units will be used for general working capital, while gross proceeds will be used to incur eligible Canadian exploration expenses, flow-through mining expenditures, and eligible Ontario exploration expenditures as defined in the Income Tax Act (Canada) and Taxation Act (Ontario). Qualifying Expenses will be renounced in favour of subscribers with an effective date no later than December 31, 2026. Insiders of the company subscribed for an aggregate of 680,000 FT Shares and 2,000,000 Units, making the offering a related party transaction under TSX Venture Exchange Policy 5.9 and MI 61-101. The company relied on exemptions from valuation and minority shareholder approval requirements of MI 61-101, as the fair market value of insider participation does not exceed 25% of market capitalization. No material change report was filed at least 21 days before closing, which the company deemed reasonable to complete the offering expeditiously. The securities have not been and will not be registered under the U.S. Securities Act and may not be offered or sold in the United States without registration or an exemption. Thomas Obradovich is the Chief Executive Officer of Auranova Resources Inc.

Auranova and Kenorland Commence Phase 4 Drill Program at the South Uchi Project, Ontario

(TSXV:AURA) Auranova Resources Inc. and Kenorland Minerals Ltd. have commenced the 2026 fall (phase 4) diamond drill program at the South Uchi Project, located in the Red Lake District of Ontario. The phase 4 program will comprise approximately 5,000 metres of diamond drilling focused on the North Papa trend within the Papaonga target area. Drilling will follow up on previous mineralised intercepts and test chargeability and resistivity anomalies defined by the summer 2026 induced polarisation (IP) survey. The program will specifically follow up on hole 26PADD046, testing along strike and at depth, building on mineralised intercepts reported from phases 2 and 3 drill campaigns. Previous drilling was completed along widely-spaced fences roughly 500 m apart along the North Papa trend. Planned drill holes are designed as modest step-outs along strike from 26PADD046 and at depth to better define geometries of the approximately 200-metre-wide mineralised corridor and potentially identify higher-grade portions of the system. Drill hole 26PADD046 intersected 14.00 m at 0.28 g/t Au, 65.45 m at 0.34 g/t Au including 21.00 m at 0.58 g/t Au, and 35.65 m at 0.31 g/t Au. Drilling will also test mineralisation related to the tholeiitic to calc-alkaline volcanic contact, including 26PADD046 with 7.70 m at 1.13 g/t Au including 1.00 m at 7.07 g/t Au, and 26PADD043 (located 500 m to the east) that returned 3.75 m at 3.65 g/t Au including 1.45 m at 9.09 g/t Au. Kenorland remains operator of the project, with drilling activities expected to be completed by mid November 2026. The South Uchi Project was first identified and staked by Kenorland based on the region's prospectivity to host significant gold mineralised systems. The project covers a portion of Confederation Assemblage volcanic rocks and the boundary between the Uchi and English River geological subprovinces. Auranova has spent over C$15 million in qualifying expenditures and will earn a 70% interest in South Uchi once phase 4 drilling is completed. Adjacent properties, such as the Great Bear Project (formerly Dixie Project), have reported 32.9 million tonnes of Measured and Indicated mineral resources at a grade of 2.7 g/t Au (2.8 Moz Au) and 22.7 million tonnes of Inferred mineral resources at a grade of 4.5 g/t Au (3.3 Moz Au), according to Kinross reports. William Yeomans, B.Sc., P.Geo., is the independent Qualified Person who has reviewed and approved the scientific and technical information in this press release. Thomas Obradovich is the Chief Executive Officer of Auranova Resources Inc.

Auranova and Kenorland Announce Geophysical Survey over the North Papa Gold Discovery at South Uchi, Ontario

(TSXV: AURA) Auranova Resources Inc. and Kenorland Minerals Ltd. announced the commencement of a 24 line-kilometre induced polarisation (IP) survey at the South Uchi Project, located in the Red Lake District of Ontario. The survey covers the recently discovered North Papa gold trend within the larger Papaonga target area and is designed with a depth of investigation of approximately 760 m. The survey comprises eight parallel 3 km lines spaced 250 m apart, for a total of 24 line-kilometres of coverage. Abitibi Geophysics of Val-d'Or, Quebec will undertake the survey, which is expected to commence in late July following completion of line cutting. Auranova to date has spent C$14.7 million in qualifying expenditures and will earn a 70% interest in South Uchi by spending an additional C$3.3 million. The company projects that results will be integrated with geological and drilling data to refine future drill targeting along the North Papa mineralised corridor. The South Uchi Project covers a portion of Confederation Assemblage volcanic rocks and the boundary between the Uchi and English River geological subprovinces.

Auranova and Kenorland Announce Large Intrusion-Related Gold Discovery at the South Uchi Project, Ontario

(TSXV:AURA) Auranova Resources Inc. and Kenorland Minerals Ltd. announced complete assay results from the 2026 spring (phase 3) diamond drill program at the South Uchi Project, with six drill holes totalling 3,187 metres. Drill hole 26PADD046 intersected more than 122.80 m of mineralisation grading more than 0.28 g/t gold across 220.15 m of downhole core length. High-grade gold mineralisation was intersected, including 7.07 g/t gold over 1.00 m in 26PADD046 and 9.09 g/t gold over 1.45 m in 500 m step-out drill hole 26PADD043. The North Papa mineralisation has been extended to 1 km of strike length, and the Papaonga target footprint has expanded to approximately 7 km of strike east-west. Auranova has spent C$14.7 million in qualifying expenditures and will earn a 70% interest in South Uchi by spending an additional C$3.3 million. Follow-up exploration is proposed for Q3-2026 and will comprise detailed geophysical surveys, including induced polarisation (IP) and high-resolution magnetic surveys. The company projects that the target remains open along strike and at depth, with further drill targeting planned after geophysical surveys.

Aura Biosciences Announces Closing of $299 Million Public Offering Including Full Exercise of Underwriters’ Option to Purchase Additional Shares

Aura Biosciences, Inc. (NASDAQ:AURA) announced the closing of its underwritten public offering, selling 46,099,650 shares of common stock and pre-funded warrants to purchase up to 3,800,000 shares of common stock. The shares were sold at a public offering price of $6.00 per share, while the pre-funded warrants were sold at $5.99999 per share with an exercise price of $0.00001 per warrant. The gross proceeds to Aura from the offering were approximately $299.4 million before deducting underwriting discounts, commissions, and other offering expenses. All securities in the offering were offered by Aura. This capital raise is significant for investors as it provides Aura with substantial funding for its ongoing operations.

Aura Biosciences Announces Pricing of $260 Million Public Offering of Common Stock and Pre-funded Warrants

Aura Biosciences, Inc. (NASDAQ:AURA) announced the pricing of an underwritten public offering of 39,591,000 shares of common stock and pre-funded warrants to purchase up to 3,800,000 shares at an exercise price of $0.00001 per warrant. The offering price per share is $6.00 and per pre-funded warrant is $5.99999. Aura expects gross proceeds of $260.3 million before expenses and may grant underwriters a 30-day option to purchase up to an additional 6,508,650 shares. $205.1 million of the net proceeds will be used to advance clinical programs and for general corporate purposes, with the remainder to repurchase up to 6,922,870 shares from Matrix Capital Management Master Fund, LP at $5.64 per share. The offering is expected to close on or about May 5, 2026, subject to customary closing conditions.

Aura Biosciences Announces Proposed Public Offering of Common Stock and Pre-Funded Warrants

Aura Biosciences, Inc. (NASDAQ:AURA) announced the launch of an underwritten public offering of shares of its common stock and pre-funded warrants to purchase shares of common stock. The company also intends to grant underwriters a 30-day option to purchase up to an additional fifteen percent (15%) of shares of its common stock and shares underlying pre-funded warrants. All shares and warrants in the offering will be offered by Aura. The offering is subject to market conditions, and there is no assurance regarding its completion or the actual size or terms. This announcement is significant for investors as it may impact the company's capital structure and funding.

Auranova Resources and Kenorland Minerals Announce Completion of Spring Drill Program at the South Uchi Project, Ontario

Auranova Resources Inc. (TSXV: AURA) and Kenorland Minerals Ltd. have completed the 2026 spring drill program at the South Uchi Project in the Red Lake District of Ontario. The Phase 3 program consisted of six diamond drill holes totaling 3,187 metres, targeting strike extensions of mineralisation. The drill holes intersected alteration and mineralisation along strike of previously reported drill holes, with broad zones of silica and sericite alteration and associated sulphide content observed. Assay results are expected in Q2-2026, and a potential subsequent drill program is tentatively planned for summer 2026. The project aims to discover new gold systems in the Birch Uchi Belt and expand presence in Ontario's greenstone belts.