User Notice: The site will be occasionally unavailable due to scheduled maintenance this weekend. Please accept our apologies for any inconvenience.

Buy
Sell
Share Name Share Symbol Market Type Share ISIN Share Description
Uru Metals Limited LSE:URU London Ordinary Share VGG930042012 ORD NPV (DI)
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  5.00 1.72% 295.00 280.00 310.00 295.00 290.00 290.00 7,960 16:09:15
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Industrial Metals 0.0 -0.6 -75.7 - 5

URU Metals Limited Result of AGM

01/04/2021 4:42pm

UK Regulatory (RNS & others)


Uru Metals (LSE:URU)
Historical Stock Chart


From Mar 2021 to May 2021

Click Here for more Uru Metals Charts.

TIDMURU

RNS Number : 3872U

URU Metals Limited

01 April 2021

01 April 2021

URU Metals Limited

("URU" or "the Company")

Result of Annual General Meeting

Disposal of the Company's Zebediela Nickel Project

URU Metals Limited (AIM: URU), an AIM-quoted resource company is pleased to announce that at the Annual General Meeting of the Company held today all the resolutions were duly passed. Further to the Company's RNS of 3 March 2021 and as a result of the passing of all resolutions, the disposal of the issued and outstanding share capital of Zebediela Nickel Company (Pty) Ltd. ("ZEB"), which controls the Company's Zebediela Nickel Project in South Africa (the "Zebediela Project" or the "Project") to Blue Rhino Capital Corp ("BRC"), a company listed on the TSX Venture Exchange ("TSXV") has now been approved by shareholders of the Company (the "Disposal").

Notwithstanding the passing of resolutions, completion of the Disposal is subject to the following remaining conditions inter alia:

   --    the completion of the consolidation of the share capital of BRC on a 2.3-1 basis; 

-- receipt of all required shareholder, regulatory and third-party consents, including approval of the TSX Venture Exchange and the approval of the shareholders of BRC for certain matters ancillary to the Disposal; and

   --    satisfaction of other customary closing conditions. 

The approval of BRC's shareholders for certain matters ancillary to the Disposal is expected to be obtained at a meeting scheduled for 10 a.m. (Vancouver time) 7 April 2021. Completion of the Disposal is expected to occur prior to 30 June 2021. A further announcement will be made by the Company once all remaining conditions are satisfied.

This announcement contains inside information for the purposes of Article 7 of the Market Abuse Regulation (EU) 596/2014 as it forms part of UK domestic law by virtue of the European Union (Withdrawal) Act 2018 ("MAR"), and is disclosed in accordance with the Company's obligations under Article 17 of MAR.

For further information, please contact:

URU Metals Limited

John Zorbas

(Chief Executive Officer)

+1 416 504 3978

SP Angel Corporate Finance LLP

(Nominated Adviser and Broker)

Ewan Leggat / Charlie Bouverat

+ 44 (0) 203 470 0470

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

END

RAGUAOVRABUSRAR

(END) Dow Jones Newswires

April 01, 2021 11:42 ET (15:42 GMT)

1 Year Uru Metals Chart

1 Year Uru Metals Chart

1 Month Uru Metals Chart

1 Month Uru Metals Chart
ADVFN Advertorial
Your Recent History
LSE
URU
Uru Metals
Register now to watch these stocks streaming on the ADVFN Monitor.

Monitor lets you view up to 110 of your favourite stocks at once and is completely free to use.

By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions

P: V:gb D:20210507 19:16:15