REG - URU Metals Limited - Investee Company Update <Origin Href="QuoteRef">URU.L</Origin>
RNS Number : 2636EURU Metals Limited05 May 2017URU 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 RNSThe company news service from the London Stock ExchangeENDUPDUSOARBOAVRUR
Recent news on URU Metals
See all newsREG - URU Metals Limited - Results of shareholder analysis
AnnouncementREG - URU Metals Limited - Result of AGM
AnnouncementREG - URU Metals Limited - Extension of Convertible Loan Maturity Date
AnnouncementREG - URU Metals Limited - Notice of AGM & Board Changes
AnnouncementREG - URU Metals Limited - Results of shareholder analysis
Announcement