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18.30    -0.25 (-1.33%)
Bid:
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Spread: 0.60 (3.333%)
Market Cap: £74.19m
OMI Live PriceLast checked at - London Stock Exchange

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Directorate Change

16 Aug 2007 07:00

APPOINTMENT OF ROGER DAVEY AS NON EXECUTIVE DIRECTOR Uruguay Mineral Exploration Inc. ("UME") announces that it has appointed Mr.Roger Davey as a Non Executive Director as of August 14, 2007. Mr Davey is aChartered Mining Engineer with over thirty five years of experience in themining industry. Roger is a graduate of the Camborne School of Mines, with aMaster of Science degree in Mineral Production Management from Imperial College.He is a Non-Executive Director of Serabi Mining plc, GoldQuest Mining Corp, andAlexander Mining. Roger is presently an Assistant Director and the Senior Mining Engineer at N MRothschild. Prior to this his experience covered the financing, development andoperation of both underground and surface mining operations in gold and basemetals at senior management and Director level in South America, Africa and theUnited Kingdom. UME Chairman, Tony Shearer, commented: "I am delighted to welcome Roger to theBoard of UME. As part of our respective due diligence on each other, Roger hasalready made a great contribution. His practical experience of all forms ofmining is proving invaluable, particularly as we look at ways of expanding ourproduction." ENDS The TSX Venture Exchange has not reviewed and does not accept responsibility forthe adequacy or accuracy of this news release. Editors note: Uruguay Mineral Exploration Inc. is a gold producer andexploration company focused on identifying and developing mineral opportunitiesin Uruguay. UME is a fully integrated mining company, possessing the skillsnecessary to explore and develop its discoveries. The Company operates the onlyproducing gold mine in Uruguay (San Gregorio), and is also the leading mineralexploration company in Uruguay having assembled an exploration portfolio basedon gold, base metals (copper, nickel, lead, zinc) and diamond prospects. Uruguay Mineral Exploration Inc. is quoted in Canada (TSXV) and London (AIM) andCollins Stewart Europe Limited is its Nominated Adviser and Broker. \* TFor further information, please contact Uruguay Mineral Exploration IncTony Shearer, Chairman: +44 20 7602-1570; tonyshearer@btinternet.comDavid Fowler, CEO: 598 2 6016354; urumin@ume.com.uy Shared Value LtdEmily Bruning: +44 20 7321 5027; ebruning@sharedvalue.net Collins Stewart Europe LimitedChris Rollason: +44 20 7523 8308; crollason@collins-stewart.com\* T Copyright Business Wire 2007
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