Share Issuance Update

RNS Number : 7227G

URU Metals Limited

11 June 2013

URU Metals Limited

("URU" or "the Company")

Market Update on the Närke Project Acquisition

Further to the announcement on 23 May 2013, URU Metals Limited, (AIM:URU), the base metals and uranium explorer and development company, would like to update the market regarding the admission to trading on AIM of new ordinary shares in URU ("Ordinary Shares") pursuant to the Närke Project acquisition.

Final closure of the transaction is expected to take place in the next couple of days and the issuance and admittance to trading on AIM of the 19,500,000 Ordinary Shares of URU is now anticipated to occur on or around 17 June, 2013.

Following Admission of the Ordinary Shares, the Company's enlarged issued share capital will comprise of 132,276,722 Ordinary Shares ("Ordinary Shares") with each share carrying one vote per share.

Additional information regarding the Narke Project can be found on the Company's website at www.urumetals.com.

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Contact details:

URU Metals Limited

Roger Lemaitre, CEO

+ 1 416 892 2870

WH Ireland Limited

(Nominated Adviser and Joint Broker)

Adrian Hadden

James Bavister

+ 44 207 220 1666

Ribeiro Communications