URU Metals Limited announced the appointment of John Zorbas as Chief Executive Officer (non-board appointment) with immediate effect. Mr. Zorbas, a resource entrepreneur with a proven track record in the metals exploration and development industry, will provide further expertise to the URU Metals team as it focuses on the advancement of the low-cost high-tonnage Zebediela Nickel Sulphide Project in South Africa. In addition, the Board believes Mr. Zorbas's experience in the uranium exploration sector will be of particular importance in the development of the Närke Oil-Uranium Project in Sweden.

Mr. Zorbas is currently Executive Chairman of NWT Uranium Corporation and Chief Executive Officer of Mercom Oil Sands plc. He is also a director of both ZorCorp Capital Holdings and Starline Capital Holdings Infrastructure Fund, and served as President of MGM Productions Group Inc.