Orosur Mining Regulatory News (OMI)

28 Apr 2005 09:27

Uruguay Mineral Exploration Inc28 April 2005 28 April 2005 URUGUAY MINERAL EXPLORATION INC. HOLDING IN COMPANY SYMBOLS: UME (TSXV) UGY (AIM) Uruguay Mineral Exploration Inc. (the 'Company') has been informed of thefollowing increase in interests in the Company's share capital. Following recent purchases, Saad Investments Company Limited currently holds4,179,400 shares in the Company, representing 9.06% of the Company's currentissued share capital. ENDS Editors Notes: 1. As at 21 April 2005, there were 46,092,418 Common Shares in issue. 2. The Company announced third quarter results on 14 April, details of whichcan be found from www.uruguayminerals.com or at http://www.sedar.com/DisplayCompanyDocuments.do?lang=EN&issuerNo=00004014 Uruguay Mineral Exploration Inc. is a gold producer and exploration companyfocused on identifying and developing mineral opportunities in Uruguay. UME isa fully integrated mining company, possessing the skills necessary to exploreand develop its discoveries. The Company operates the only producing gold minein the country (San Gregorio), and is also the leading mineral explorationcompany in Uruguay having assembled an exploration portfolio based on gold, basemetals (copper, nickel, lead, zinc) and diamond prospects. In the first half of2003, the Company discovered the Arenal deposit, currently the largest knowngold resource in Uruguay. It is quoted in Canada (TSXV) and London (AIM) andDurlacher Limited is the nominated adviser. For further information contact: Uruguay Mineral Exploration Inc Tony Shearer, Chairman + 44 20 7523 5914; tony@tonyshearer.com Chris Clark, President +59 82 601 6354; urumin@adinet.com.uy PJ Lewis + 44 7950 003 138; pjlewis@tiscali.co.uk Durlacher Limited Mathew Robinson +44 207 459 3600 Jonathan Retter +44 207 459 3600 This information is provided by RNS The company news service from the London Stock Exchange