Appointment of Board Advisor

RNS Number : 6225V

URU Metals Limited

31 January 2017

 

URU Metals Limited

("URU" or the "Company")

Appointment of Board Advisor

The Company is pleased to announce that Henry Kloepper has been appointed as an Advisor to the Board of URU with immediate effect.

Mr Kloepper is currently the Chief Executive Officer of Frontier Lithium Inc., which is developing a World-class Lithium Deposit in northwestern Ontario. He is also the Chief Executive Officer of NWT Uranium Corp. (NWT), the Company's largest shareholder. NWT recently obtained shareholder approval for a change of business to become an "investment issuer" from a "mining issuer".

Mr. Kloepper has worked in investment banking and structured finance throughout a 30 year career. He has held executive positions with JP Morgan, Citibank, Bank of America, and North American Trust, in Canada, the US and Europe. Currently, he is a director of a number of public companies listed in Canada and the US, which are involved in consumer finance and merchant banking; manufacturing and distribution. Notable directorships include: Award Capital (Spot Coffee-food and beverage), National Construction, Mogul Energy (Oil and Gas), DealNet Capital (Consumer finance/merchant banking), Gilla (E cigarette manufacturer/distribution), Sofit Mobile (App. and technology incubator), and Pacific Software (Metal Fabrication).

As recently announced, URU will be seeking out new acquisition targets in the Natural Resources Sector. Mr. Kloepper, utilizing his network and his existing position, will be responsible for identifying such targets, particularly in the Lithium Sector.

For further information, please contact:

URU Metals Limited John Zorbas (Chief Executive Officer)	[phone]
Northland Capital Partners Limited (Nominated Adviser and Joint Broker) Edward Hutton / Matthew Johnson	+ 44 (0) 203 861 6625
Beaufort Securities Limited (Joint Broker) Jonathan Belliss	+ 44 (0) 207 382 8300
SVS Securities Plc (Joint Broker) Tom Curran	[phone]

 

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