Holding(s) in Company

RNS Number : 7121R

URU Metals Limited

08 November 2011

 



For immediate release                                                                                                    8 November 2011

URU METALS LIMITED

("URU Metals" or "URU" or "the Company")

Holding(s) in Company

The Company was notified by Midland Resources Holding Limited ("Midland Resources") of the following interests in the ordinary share capital of URU Metals:

-     On 25 October 2011, that as at 24 August 2011 Midland Resources held 9,090,250 shares in URU, representing 8.029% of the Company's issued share capital; and

-     On 25 October 2011, that as at 23 September 2011 Midland Resources held 10,290,250 shares in URU, representing 9.089% of the Company's issued share capital.

For details on TR1 notifications follow below.

For further information:

URU Metals

Paul Loudon (Chairman)

Tel: [phone]

Beaumont Cornish Limited (Nominated Adviser)

Michael Cornish

Tel: [phone]

Daniel Stewart & Company (Broker)

Sean Lunn

Tel: [phone]

Brand: Mining IR

Dr Iestyn Adams / André Morrall

Tel: [phone]

TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi
1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached: ii			URU Metals LTD.
2 Reason for the notification (please tick the appropriate box or boxes):
An acquisition or disposal of voting rights				X
An acquisition or disposal of qualifying financial instruments which may result in the acquisition of shares already issued to which voting rights are attached
An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments
An event changing the breakdown of voting rights
Other (please specify):
3. Full name of person(s) subject to the notification obligation: iii		Midland Resources Holding Limited
4. Full name of shareholder(s)  (if different from 3.):iv
5. Date of the transaction and date on which the threshold is crossed or reached: v		August 24, 2011
6. Date on which issuer notified:		October 25, 2011
7. Threshold(s) that is/are crossed or reached: vi, vii		8% ownership

8. Notified details:

A: Voting rights attached to shares viii, ix

Class/type of shares if possible using the ISIN CODE

Situation previous to the triggering transaction

Resulting situation after the triggering transaction

Number of Shares

Number of Voting Rights

Number of shares

Number of voting rights

% of  voting rights x

Direct

Direct xi

Indirect xii

Direct

Indirect

8,990,250

8,990,250

9,090,250

9,090,250

0

8.029%

0

VGG930041022

B: Qualifying Financial Instruments

Resulting situation after the triggering transaction

Type of financial instrument

Expiration date xiii

Exercise/ Conversion Period xiv

Number of voting rights that may be acquired if the instrument is exercised/ converted.

% of voting rights

C: Financial Instruments with similar economic effect to Qualifying Financial Instruments xv, xvi

Resulting situation after the triggering transaction

Type of financial instrument

Exercise price

Expiration date xvii

Exercise/ Conversion period xviii

Number of voting rights instrument refers to

% of voting rights xix, xx

Nominal

Delta

Total (A+B+C)

Number of voting rights

Percentage of voting rights

9,090,250

8.029%

9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable: xxi
Proxy Voting:
10. Name of the proxy holder:
11. Number of voting rights proxy holder will cease to hold:
12. Date on which proxy holder will cease to hold voting rights:
13. Additional information:
14. Contact name:		Tom Vukota
15. Contact telephone number:		416-616-7644

1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached: ii			URU Metals LTD.
2 Reason for the notification (please tick the appropriate box or boxes):
An acquisition or disposal of voting rights				X
An acquisition or disposal of qualifying financial instruments which may result in the acquisition of shares already issued to which voting rights are attached
An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments
An event changing the breakdown of voting rights
Other (please specify):
3. Full name of person(s) subject to the notification obligation: iii		Midland Resources Holding Limited
4. Full name of shareholder(s)  (if different from 3.):iv
5. Date of the transaction and date on which the threshold is crossed or reached: v		September 23, 2011
6. Date on which issuer notified:		October 25, 2011
7. Threshold(s) that is/are crossed or reached: vi, vii		9% ownership

8. Notified details:

A: Voting rights attached to shares viii, ix

Class/type of shares if possible using the ISIN CODE

Situation previous to the triggering transaction

Resulting situation after the triggering transaction

Number of Shares

Number of Voting Rights

Number of shares

Number of voting rights

% of  voting rights x

Direct

Direct xi

Indirect xii

Direct

Indirect

10,090,250

10,090,250

10,290,250

10,290,250

0

9.089%

0

VGG930041022

B: Qualifying Financial Instruments

Resulting situation after the triggering transaction

Type of financial instrument

Expiration date xiii

Exercise/ Conversion Period xiv

Number of voting rights that may be acquired if the instrument is exercised/ converted.

% of voting rights

C: Financial Instruments with similar economic effect to Qualifying Financial Instruments xv, xvi

Resulting situation after the triggering transaction

Type of financial instrument

Exercise price

Expiration date xvii

Exercise/ Conversion period xviii

Number of voting rights instrument refers to

% of voting rights xix, xx

Nominal

Delta

Total (A+B+C)

Number of voting rights

Percentage of voting rights

10,290,250

9.089%

9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable: xxi
Proxy Voting:
10. Name of the proxy holder:
11. Number of voting rights proxy holder will cease to hold:
12. Date on which proxy holder will cease to hold voting rights:
13. Additional information:
14. Contact name:		Tom Vukota
15. Contact telephone number:		416-616-7644

 

END

 

 

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