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Uru Metals (URU) Share News

IN BRIEF: URU Metals extends convertible loan repayment date

3rd Jan 2025 10:28

Uru Metals Ltd - developer of Zeb nickel project in South Africa - Extends maturity date to May 31, 2025, for convertible loan from Boothbay Absolute Return Strategies LP. Says Boothbay has agreed not to convert sums due under convertible loan note into shares ahead of March 1. Loan value sits at USD500,000 as at December 31 and URU notes the maturity date has been extended on a number of occasions. URU says the CLN, unless repaid, will convert at or prior to the maturity date, with the conversion subject to several conditions. Adds that if Boothbay converts the loan into new ordinary shares it will receive one attached warrant per share with an 18-month exercise period and price of GBP0.85 per share. Read More

Uru Metals welcomes environmental authorisation for Zebediela project

21st Aug 2024 14:18

(Alliance News) - Uru Metals Ltd on Wednesday said the Zebediela project can now seek mining rights following environmental authorisation by the South African government. Read More

EARNINGS AND TRADING: SIMEC Atlantis plots Scotland project

11th Jun 2024 19:12

(Alliance News) - The following is a round-up of earnings and trading updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News: Read More

AIM WINNERS & LOSERS: Oracle rises on drilling at gold project

11th Jun 2024 10:45

(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Tuesday. Read More

UK shareholder meetings calendar - next 7 days

15th Mar 2024 13:12

EARNINGS AND TRADING: Macau NAV falls; SolGold inks Cascabel deal

4th Mar 2024 14:13

(Alliance News) - The following is a round-up of earnings and trading updates by London-listed companies, issued on Monday and not separately reported by Alliance News: Read More

AIM WINNERS & LOSERS: Mirriad Advertising up on two-year contract win

4th Mar 2024 09:55

(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Monday. Read More

IN BRIEF: Uru Metals shares drop by a quarter as chair resigns

26th Feb 2024 12:14

Uru Metals Ltd - developer of Zebedelia nickel project in South Africa - Non-Executive Chair Jay Viera resigns immediately. No explanation is provided for Viera's sudden departure. "The board would like to take this opportunity to thank Mr Viera for his contribution to the company," Uru says. Non-Executive Director Kyle Appleby takes over as chair. Uru will hold its annual general meeting on March 22 in Toronto. Read More

AIM WINNERS & LOSERS: EnSilica posts topline progress, strong pipeline

26th Feb 2024 10:39

(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Monday. Read More

IN BRIEF: URU Metals extends repayment date for loan

2nd Jan 2024 12:13

URU Metals Ltd - mineral exploration and development company which counts Zebedelia nickel project in South Africa as "flagship" asset - Says repayment date for the convertible loan from Boothbay Absolute Return Strategies LP has been extended to February 28. Boothbay has also agreed that it will not convert sums due under the convertible loan note into ordinary shares of the company prior to January 31. Read More

IN BRIEF: Uru Metals says nickel demand "continues to grow"

27th Dec 2023 18:40

Uru Metals Ltd - mineral exploration and development company which counts Zebedelia nickel project in South Africa as "flagship" asset - Reports no revenue in half-year ended September 30, unchanged annually. Net loss narrows to USD374,000 from USD436,000 year-on-year. Administrative expenses decline 9.1% to USD396,000 from USD436,000 on-year. Says Zebedelia project remains "key venture" for firm, given its near-74% stake in Zeb Nickel Corp. "The demand for nickel, essential in lithium-ion batteries and the burgeoning electric vehicle market, continues to grow, highlighting the importance of our project," Uru adds. Read More

EARNINGS: Bens Creek sees "difficult" year; Challenger swings to loss

29th Sep 2023 21:54

(Alliance News) - The following is a round-up of earnings by London-listed companies, issued on Friday and not separately reported by Alliance News: Read More

Seed Capital appoints new finance chief, effective immediately

14th Jun 2023 13:19

(Alliance News) - Seed Capital Solutions PLC on Wednesday said it appointed Segar Karupiah as its new chief financial officer with immediate effect. Read More

IN BRIEF: URU extends convertible loan note terms with Boothbay

1st Jun 2023 16:44

URU Metals Ltd - Toronto headquartered, mineral exploration and development company - Agrees to extend the repayment date and long-stop date for conversion of the convertible loan notes held by Boothbay Absolute Return Strategies LP to December 31 from May 31. The date by which Boothbay has the right to convert funds due under the loan note at GBP0.85 per share has also been extended to the maturity date and agrees that it will not convert sums due to Boothbay under the convertible loan note on or prior to August 30. As at May 31, the total amount advanced by Boothbay to URU is USD500,000. Details regarding the convertible loan note were announced on May 6. Read More

IN BRIEF: Seed Capital hires Uru Metals CEO John Zorbas as CEO

2nd May 2023 11:14

Seed Capital Solutions PLC - London-headquartered acquisition company, focused on businesses operating in market sectors with "strong" environmental, social and governance credentials - Appoints John Zorbas as chief executive officer with immediate effect. Zorbas has been CEO of Uru Metals Ltd since 2014 and a non-executive director at Zeb Nickel Corp and PowerTap Hydrogen Capital Corp since 2021. Seed Capital's shares debuted on the London Main Market on April 12. Read More

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