European Uranium Resources Ltd. has taken the final steps to consolidate its shares on a 10 old for 1 new basis and has changed its name to Azarga Metals Corp. On May 31, 2016, the Company will concurrently close, on a post-consolidated basis, the acquisition of 60% of the Unkur Copper-Silver Project in eastern Russia, the concurrent private placement raising $2 million and finally the settlement of related party debt all as announced on March 1, 2016. Alexander Molyneux and Vladimir Pakhomov will join Michael Hopley and Dorian (Dusty) Nicol on the Board of the company to fill the vacancies created by the agreed upon resignations of David Montgomery and David (Sam) Hutchins.