URU Metals raises £640,000 to fund work at Zebediela
The uranium explorer has raised £640,000 through a share placing to allow it to progress the work programme at its Zebediela nickel project
Company
LON:URU
URU Metals Limited is an AIM-quoted resource company focussed on crystallising the value of a high quality portfolio of assets. As an active investor and project developer, the primary objective is to develop a strong portfolio of high growth demand metals that offer the potential to deliver substantial shareholder value. Since its establishment and listing on the London Stock Exchange’s Alternative Investment Market (AIM) in 2007, the Company has developed a portfolio of large-scale exploration assets, investments and joint venture projects in Africa, Europe and North America. Key strengths include an experienced management team of mine development professionals, with a proven track record of taking decisive corporate actions to secure value-adding results. This team guides all activities across URU Metals' portfolio of interests. URU Metals continues to pursue new opportunities, driven by the quality of each proposition, whether stand-alone acquisitions, earn-in joint ventures or direct interests in promising natural resources projects.
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The uranium explorer has raised £640,000 through a share placing to allow it to progress the work programme at its Zebediela nickel project
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