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Director Share Purchase

6 Oct 2014 17:30

RNS Number : 5831T
URU Metals Limited
06 October 2014
 



URU Metals Limited / Index: AIM / Epic: URU / Sector: Natural Resources

6 October 2014

URU Metals Limited ("URU Metals" or "the Company")

Director/PDMR Shareholding

 

URU Metals, the multi-commodity exploration and development company, was informed today that John Zorbas, CEO, has today purchased 200,000 ordinary shares in the Company at 1.675 per share, increasing his beneficial interest in the Company to 6,200,000 ordinary shares (2.71 per cent). There has been no change to Mr Zorbas' indirect interest in 70,382,453 ordinary shares in the Company (30.83 per cent).

 

**ENDS**

 

For further information please visit www.urumetals.com or 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) 207 382 1100

Beaufort Securities Limited

(Joint Broker)

 

Andrew Gutmann

 

+ 44 (0) 207 382 8300

St Brides Media & Finance Ltd

(Financial Public Relations)

 

Lottie Brocklehurst / Susie Geliher

 

+44 (0) 20 7236 1177

 

About URU Metals:

 

URU Metals is a multi-commodity explorer and developer with a diverse portfolio that includes:

 

· Zebediela Nickel Sulphide Project, South Africa

100% ownership of a world class nickel sulphide project located in the Limpopo Province of South Africa boasting inferred and indicated resources of over 1.5Bt containing around 37Mt of nickel. Zebediela is forecasted to be a lowest-quartile production asset with an NPV8 of US$1 billion and IRR of 25.7% at US$8.5/lb Ni for its indicated resources alone.

 

· Burgersfort Nickel Sulphide Project, South Africa

50% ownership of Burgersfort, located in the Mpumalanga Province of South Africa. Previous exploration identified disseminated nickel targets and three deeper massive sulphide nickel targets.

 

· The Närke Oil-Uranium Project, Sweden

100% interest in an oil shale asset located in the Alum Shale of Sweden. The project will involve the conversion of kerogen to oil and is one of the largest known uranium deposits worldwide. The project has an exploration target of 1.47 billion tonnes potentially containing 303,000t of U3O8 and 525 million barrels of oil equivalent.

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
RDSUNUNRSAARRAA
Date   Source Headline
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19th May 20267:00 amRNSCompletion of Ground-Based Electromagnetic Survey
8th May 20267:00 amRNSCommencement: Ground-Based Electromagnetic Survey
27th Apr 20267:00 amRNSCompletion of Gravity Survey
22nd Apr 20267:00 amRNSExtension of Convertible Loan Maturity Date
15th Apr 20267:00 amRNSGround-Based Geophysical Survey to start
10th Apr 20267:00 amRNSResult of shareholder analysis
4th Mar 20267:00 amRNSCommencement of Ground-Based Geophysical Programme
9th Feb 20267:00 amRNS-RPeer publications strengthen model at Zeb Nickel
13th Jan 202612:01 pmRNSResult of shareholder analysis
23rd Dec 20257:00 amRNSInterim Results
23rd Dec 20257:00 amRNSInterim Results
18th Dec 20254:07 pmRNSResult of Annual General Meeting
18th Dec 20254:07 pmRNSResult of Annual General Meeting
9th Dec 20257:00 amRNS-RRelease of Updated Corporate Presentation
2nd Dec 20256:11 pmRNSExtension of Convertible Loan Maturity Date
25th Nov 20257:00 amRNSNotice of Annual General Meeting
4th Nov 20257:05 amRNSURU CLOSES OVERSUBSCRIBED PLACING
4th Nov 20257:00 amRNSMining Right Granted and Executed for Zeb Nickel
31st Oct 20257:00 amRNSCorrection: Result of shareholder analysis
30th Oct 20252:42 pmRNSResults of shareholder analysis
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9th Oct 202512:00 pmRNS-RInterview
7th Oct 20257:00 amRNSIssue of Shares
30th Sep 20257:00 amRNSFinal Results
8th Sep 20257:00 amRNSHigh-power AEM Interpretation and Fundraise
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11th Jul 20257:00 amRNSHigher-Grade Nickel Sulphides Confirmed at Zeb
9th Jul 20257:00 amRNSResults of shareholder analysis
3rd Jul 20253:52 pmRNSExtension of Convertible Loan Maturity Date & TVR
1st Jul 20255:53 pmRNSHolding in Company
18th Jun 20257:00 amRNS-RLaunch of Zeb Nickel Project Investor Video
12th Jun 20257:00 amRNSInstitutional Investment to propel Zeb Nickel
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21st May 20257:00 amRNSZeb Nickel Identifies High-Priority Drill Targets
25th Apr 20257:00 amRNSMining Right: Key Regulatory Milestone Met
16th Apr 20257:00 amRNSResults of shareholder analysis
11th Apr 20257:00 amRNSURU Metals Advances Zebediela Project
28th Mar 20257:00 amRNSPlacing of £300k and Appointment of Joint Broker
17th Mar 20257:00 amRNSShare Split and Total Voting Rights
8th Jan 20252:55 pmRNSResults of Shareholder Analysis
2nd Jan 20254:27 pmRNSExtension of Convertible Loan Maturity Date
20th Dec 20244:30 pmRNSInterim Results
9th Oct 20242:11 pmRNSResults of shareholder analysis
30th Sep 202411:20 amRNSFinal Results
21st Aug 20247:00 amRNSEnvironmental Authorisation Granted for Zeb Nickel
10th Jul 20243:31 pmRNSResults of shareholder analysis
11th Jun 20247:00 amRNSExtension of Convertible Loan Maturity Date

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