Director's Dealings

RNS Number : 9303E

URU Metals Limited

14 April 2011

 



For immediate release                                                          14 April 2011

URU Metals Limited

("URU Metals", "URU" or the "Company")

Director's Share Dealings

URU Metals Limited (AIM: URU), the metals exploration and development company with uranium interests in Niger and South America, and nickel interests in Southern Africa, was notified on 14 April 2011 that Paul Loudon, Non-executive Chairman of the Company, had made two separate purchases, on 13 April and 14 April, of 250,000 and 50,000 Ordinary Shares of the Company at a price of 8.68 and 9.00 pence per Ordinary Share respectively.

Paul Loudon is interested in a total of 300,000 Ordinary Shares, representing approximately 0.26 per cent of the issued share capital of the Company.

In addition, as announced on 22 October 2010, Paul Loudon has options over 1,500,000 Ordinary Shares at an exercise price of 4.88 pence per Ordinary Share. These options will vest in three equal annual instalments commencing on 21 October 2011 and will expire, unless exercised, on or before 20 October 2020.

For further information:

URU Metals

Gordon Cassidy, Finance Director

Tel: [phone]

Beaumont Cornish Limited (Nominated Adviser)

Michael Cornish

Tel: [phone]

Daniel Stewart& Co Plc (Broker)

Sean Lunn

Tel: [phone]

Brand: Mining IR

Andre Morrall /Dr Iestyn Adams

Tel: [phone]

 

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