
NWT Uranium Corp announced that CEO and Director, Mr David Subotic has been appointed to the URU Metals Board as a Non-Executive Director with immediate effect. NWT Uranium is the largest shareholder in URU Metals, owning 43.94%.
Mr Subotic in a statement said "I look forward to working closely with the URU Metals' management team and the other board members in implementing a strategy that will result in tremendous value to both NWT Uranium and URU Metals shareholders."
URU Metals is an explorer and developer of large scale base metal projects. The company recently confirmed large disseminated nickel resources at the Zebeddiela nickel project in South Africa. The company also has uranium interests in Niger and South America.
Mr John Zorbas, Executive Chairman of NWT said "We believe that URU Metal's package of assets possess tremendous appreciation potential and as such represent a great opportunity for NWT Uranium shareholders."
Source - NWT Uranium Corp
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