Aura Energy Limited a company focused on the development of the 85% owned Tiris Uranium Project, Mauritania ("Tiris", or the "Project"), has received a notification that Macquarie Bank Limited and its controlled entities (the "Macquarie Group Entities") are the beneficial holders of 74,359,225 ordinary shares, representing 12.13 per cent of the Company's issued share capital and voting rights.
MM Asset Management Inc's interest in the Company is via a cash settled equity swap position with Macquarie Bank Limited, over the Macquarie Group Entities beneficial holding in the Company.
MM Asset Management Inc currently holds a cash settled equity swap position over 76,834,066 ordinary shares in the Company, representing 12.46 per cent of the Company's issued share capital and voting rights, which are beneficially owned by the Macquarie Group Entities.