URU Metals Limited Advisory Board Appointment (0696G)

TIDMURU

RNS Number : 0696G

URU Metals Limited

20 November 2020

20 November 2020

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

Advisory Board Appointment

The Company is pleased to announce that it has appointed Mr. Martin Vydra to the Company's Advisory Board.

Mr. Vydra is currently President and Director at Giga Metals and Head of Strategy at Conic Metals, both companies are focused on delivering battery materials to the growing EV industry.

Martin Vydra is a professional engineer, recently retired after a 31-year career with Sherritt International Corporation, a leader in the mining, processing, and refining of lateritic nickel and cobalt with operations in Canada, Cuba, and Madagascar. He is widely recognized as an expert in nickel and cobalt extraction, processing, and refining - including the development and application of advanced technologies to maximize the recovery of valuable metals such as nickel and cobalt from a variety of feeds.

"Martin Vydra's nickel-related experience is almost unparalleled in the industry and we are extremely pleased he has agreed to join the URU Advisory Board," said URU Metals CEO, John Zorbas. "As witnessed in the electric vehicle industry, the demand for minerals such as nickel and cobalt will continue to increase and we will rely heavily on Martin's experience as we seek to increase our activities in that sector."

While at Sherritt, Mr. Vydra's technical accomplishments spanned four continents and over 20 operations - including postings in Australia, where he was integrated in Murrin Murrin's refinery start up; Finland, for the design of Harjavalta's nickel reduction circuit; and in Chile, where he oversaw the design, construction, and commissioning of a major pressure oxidation operation. Martin was a founding member of the London Metal Exchange Cobalt committee and served as chairman of the board of the Nickel Institute from 2015-2017.

Certain information contained in this announcement would have been deemed inside information for the purposes of Article 7 of Regulation (EU) No 596/2014 until the release of this announcement.

For further information, please contact:

URU Metals Limited

John Zorbas

(Chief Executive Officer)

[phone]

SP Angel Corporate Finance LLP

(Nominated Adviser and Broker)

Ewan Leggat

+ 44 (0) 203 470 0470

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November 20, 2020 11:06 ET (16:06 GMT)