URU Uru Metals Limited

TIDMURU

RNS Number : 8015F

URU Metals Limited

19 November 2020

19 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. Justin Cochrane to the Company's Advisory Board.

Mr. Cochrane is President and CEO of Conic Metals Corp., a global nickel and cobalt royalty and streaming company. He has 20 years of royalty and stream financing, M&A, and corporate finance experience. Prior to Conic Metals, he served as President & COO of Cobalt 27 Capital Corp. and before that as Executive Vice President and Head of Corporate Development for Sandstorm Gold Ltd. ("Sandstorm") Mr. Cochrane's expertise is in the structuring, negotiation, execution and funding of royalty and stream financing contracts around the world, across dozens of projects, totalling over $2 billion.

"We are pleased to welcome Mr. Cochrane to the URU team and are confident his deep experience in the mineral sector will prove to be of great value to the Company," said URU CEO, John Zorbas. "We expect Justin's proven success in effectively financing past projects will continue and will serve the shareholders of URU well."

Prior to Sandstorm, Mr. Cochrane spent nine years in investment banking and equity capital markets with National Bank Financial where he covered the resource, clean-tech and energy technology sectors. In addition, Mr. Cochrane is currently a board member of Nevada Copper Corp. Mr. Cochrane is a Chartered Financial Analyst and a registered and licensed security advisor in Canada.

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)

+1 416 504 3978

SP Angel Corporate Finance LLP

(Nominated Adviser and Broker)

Ewan Leggat

+ 44 (0) 203 470 0470

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