NWT Uranium Corp. CEO Appointed to URU Metals Board of Directors

(firmenpresse) - TORONTO, ONTARIO -- (Marketwire) -- 07/17/12 -- NWT Uranium Corp. (TSX VENTURE: NWT)(FRANKFURT: NMV) today announced that CEO and Director, 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%.

"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," said Mr. Subotic in a statement.

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.

"We believe that URU Metal's package of assets possess tremendous appreciation potential and as such represent a great opportunity for NWT Uranium shareholders," said Mr. John Zorbas, Executive Chairman of NWT.

NWT Uranium Corp. (TSX VENTURE: NWT)(FRANKFURT: NMV)

NWT Uranium is an emerging international exploration company with an experienced management team. The company is focused on exploration and has a highly prospective portfolio of properties around the world.



Contacts:
NWT Uranium Corp.
(416) 504-3978

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Bereitgestellt von Benutzer: MARKETWIRE
Datum: 17.07.2012 - 20:01 Uhr
Sprache: Deutsch
News-ID 166133
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Mining & Metals

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