URU Metals Limited Board appointment (6548P)
21 November 2016 - 6:01PM
UK Regulatory
TIDMURU
RNS Number : 6548P
URU Metals Limited
21 November 2016
URU Metals Limited
("URU" or the "Company")
Board Appointment
The Company is pleased to announce that John Zorbas, the
Company's CEO since June 2014, has been appointed to the Board of
URU with immediate effect.
Mr Zorbas is currently Executive Chairman of NWT Uranium
Corporation ("NWT"). NWT is interested in 70,382,453 shares
representing 21.4 per cent. of the Company's issued share capital.
Mr Zorbas was nominated to join the Board by NWT as the NWT
Director, pursuant to the terms of the relationship agreement dated
20 April 2010 between the Company and NWT (the "Relationship
Agreement") and as the replacement in that capacity of David
Subotic. Mr. Subotic no longer has any relationship with NWT and is
therefore not considered by the Company to be a representative of
NWT under the Relationship Agreement. David Subotic remains the
Company's Executive Chairman.
The following additional information is provided in accordance
with paragraph (g) of Schedule Two to the AIM Rules for
Companies:
Mr Zorbas, 45, is interested in 11,700,000 shares in the Company
and holds options over 3,000,000 shares in the Company.
Current directorships and partnerships
Mercom Capital plc
NWT Uranium Corporation
ZorCorp Capital Holdings
Starline Capital Holdings
Directorships and partnerships
held in the past 5 years
Stratton Capital Corporation
There is no other information that is required to be disclosed
pursuant to paragraph (g) of Schedule Two to the AIM Rules for
Companies.
Enquiries
URU Metals Limited
John Zorbas
(Chief Executive Officer) +1 416 504 3978
Northland Capital Partners
Limited
(Nominated Adviser and
Joint Broker)
Edward Hutton / Matthew + 44 (0) 203
Johnson 861 6625
This information is provided by RNS
The company news service from the London Stock Exchange
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