Investee Company Update

RNS Number : 2636E

URU Metals Limited

05 May 2017

 

URU Metals Limited

("URU Metals" or "the Company")

Increased investment in MRS

URU Metals (AIM:URU), the base metals and uranium explorer and development company, is pleased to announce that the placings announced by Management Resource Solutions Plc ("MRS") on 10 April and 19 April 2017 will take effect following the restoration of trading in the shares of MRS on AIM as from 8.00 am today.

The Company's shareholding in MRS has therefore increased from 8.8 per cent. to 10.7 per cent. (based on 174,068,086 MRS shares in issue).

Further information on MRS is available on the MRS website http://www.mrsplc.info

This announcement contains inside information for the purposes of Article 7 of Regulation 596/2014.

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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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