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URU Metals' chief executive appointed to board

He was nominated to be the NWT director and to replace David Subotic, who no longer has any relationship with NWT.

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Chief executive Zorbas has been appointed to the board

URU Metals Ltd (LON:URU) said chief executive John Zorbas has been appointed to the board with immediate effect after being nominated by main shareholder NWT Uranium Corporation.

He was nominated to be the NWT Director under a previous agreement and to replace David Subotic, who no longer has any relationship with NWT.

Subotic remains URU's executive chairman.

Zorbas has been the chief executive since June 2014.

NWT is interested in around 70.38 URU shares, or 21.4% of the firm's share capital.

Quick facts: URU Metals Ltd

Price: 213 GBX

AIM:URU
Market: AIM
Market Cap: £1.66 m
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