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REG - URU Metals Limited - Investee Company Update <Origin Href="QuoteRef">URU.L</Origin>

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.

END

For further information, please contact:

URU Metals Limited

John Zorbas

(Chief Executive Officer)

+1 416 504 3978

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

+44 (0) 203 700 0093


This information is provided by RNS
The company news service from the London Stock Exchange
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