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Change of Nominated Adviser and Broker

21st May 2009 10:43

Change of Nominated Adviser and Broker

Uruguay Mineral Exploration Inc (the "Company"), a gold production and exploration company, announced today that Matrix Corporate Capital LLP has been appointed Nominated Adviser and Broker to the Company with immediate effect.

ENDS

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Editors' note: Uruguay Mineral Exploration Inc. is a gold producer and exploration company focused on identifying and developing mineral opportunities in Uruguay. UME is a fully integrated mining company, possessing the skills necessary to explore and develop its discoveries. The Company operates the only producing gold mine in Uruguay (San Gregorio), and is also the leading mineral exploration company in Uruguay having assembled an exploration portfolio based on gold, base metals (copper, nickel, lead, zinc) and diamond prospects.

Uruguay Mineral Exploration Inc. is quoted in Canada (TSXV) and London (AIM) and Matrix Corporate Capital LLP is its Nominated Adviser and Broker.

For further information, please contact:

Uruguay Mineral Exploration IncTony Shearer, Chairman: +44 (0)20 7602 1570; [email protected]David Fowler, CEO: + 598 2 6016354; [email protected]

Matrix Corporate Capital LLP
Louis Castro +44 20 3206 7209
Tim Graham +44 20 3206 7206

Investor Relations in North AmericaSusan Borinelli, Breakstone Group: +1 646-330-5907; [email protected]

Copyright Business Wire 2009


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