21st Nov 2016 10:06
LONDON (Alliance News) - URU Metals Ltd on Monday said it has appointed Chief Executive John Zorbas to its board with immediate effect.
Zorbas, the CEO of the base metals miner since June 2014, will become the representative of NWT Uranium Corp on the board. Zorbas is currently NWT's executive chairman.
David Subotic had been NWT's representative on URU's board, but he no longer has a relationship with the company. Subotic does, however, remain URU's executive chairman.
NWT owns 21% of URU.
Shares in URU were down 3.0% to 0.558 pence on Monday.
By Sam Unsted; [email protected]; @SamUAtAlliance
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