Burgersfort Asset Re-Evaluation 31st May 2019 31 May 2019 URU Metals Limited ("URU" or "the Company") Burgersfort Asset Re-Evaluation URU METALS LIMITED (AIM: URU), the AIM-quoted resource company, announces that it will be writing down it's 50% interest in the South Africa Burgersfort assets. The company will be focussing its efforts and resources on its Zebediela Nickel-PGE Project. Market Abuse Regulation (MAR) Disclosure Certain information contained in this announcement would have been deemed inside information for the purposes of Article 7 of Regulation (EU) No 596/2014 until the release of this announcement. For further information, please contact: URU Metals Limited John Zorbas (Chief Executive Officer) +1 416 504 3978 SP Angel Corporate Finance LLP (Nominated Adviser and Broker) Ewan Leggat + 44 (0) 203 470 0470 SVS Securities Plc (Joint Broker) Tom Curran +44 (0) 203 700 0093 Proposed Disposal of the Company’s Zebediela Nickel Project - 3 March 2021 Existing Convertible Loan Note Amendment - 29th January 2021 URU Metals submission of Environmental Impact Assessment Report 19th January 2021 URU Metals Ltd Interim Results September 2020 Issue of shares to PDMRs and adviser 26th November 2020 Equity placing of £280,600. Issue of shares to PDMRs 25th November 2020 Advisory Board Appointment 20th November 2020 Advisory Board Appointment 19th November 2020 Environmental Impact Assessment Update 16 October 2020 New Corporate Presentation 7 October 2020 Results for the year ended 31 March 2020 30 September 2020 Plan to drill for potential supply of battery-grade nickel 27 August 2020 Update on Mining Right Application 15th April 2020 Interim Results 30 Dec 2019 URU Limited : 31 March 2019 Annual Report 30th September 2019 Submission and Acceptance of Mining Right Application 30th August 2019 Burgersfort Asset Re-Evaluation 31st May 2019 Statement Regarding Media Speculation 22nd May 2019 Holdings in Company 24 April 2019 Results of shareholder analysis 23 July 2019 Result of AGM 5:06 pm 07 Jan 2019 Zebediela Licence Renewal Update 07:00 am 29 Nov 2018 Completion of Consolidation 7:00 am 21 Nov 2018 Replacement: Consolidation of Ordinary Shares 3:26 pm 20 Nov 2018 Consolidation of Ordinary Shares in Issue 7:00 a 13 Nov 2018 Zebediela Licence Renewal Update 7:00 am 29 Oct 2018 Zebediela Update 7:00 am 16 Oct 2018 Restoration - URU Metals Limited 7:30 am 05 Oct 2018 Posting of Annual Report and Accounts 7:00 am 05 Oct 2018 Final Results 7:00 am 04 Oct 2018 Holding(s) in Company 2:19 pm 03 Oct 2018 Suspension - URU Metals Limited 7:30 am 01 Oct 2018 Temporary Suspension 7:00 01 Oct 2018 Temporary Suspension 04:09 pm 28 Sep 2018 Appointment of Non-Executive Chairman 4:17 pm 27 Sep 2018 Zebediela and Corporate Update 4:41 pm 22 Aug 2018 Zebediela Update 7:00 am 18 Jul 2018 Price Monitoring Extension 2:00 pm 26 Mar 2018 Second Price Monitoring Extn 2:05 pm 25 Mar 2018 Replacement RNS: Board Changes / Change of Adviser 3:01 pm 20 Mar 2018 Zebediela Assay Results 7:00 am 16 Mar 2018 Board Changes / Appointment of Nomad and Broker 7:00 am 12 Mar 2018 Statement re Joint Broker 1:00 pm 02 Mar 2018 Assay update and stmnt re share price movement 2:08 pm 22 Feb 2018 Interim Results 7:00 am 29 Dec 2017 Result of AGM 3:47 pm 19 Dec 2017 Notice of AGM 4:28 pm 17 Nov 2017 Acid Leach Test Work Results at Zebediela 7:00 am 03 Nov 2017 Holding(s) in Company 10:35 am 02 Nov 2017 Zebediela Project Update 1:30 pm 11 Oct 2017 Final Results 7:00 am 29 Sep 2017 Significant Drill Update at Zebediela 2:52 pm 28 Sep 2017 Significant base metal assays at Zebediela 4:05 pm 20 Sep 2017 Significant PGE Drill Results at Zebediela 7:00 am 14 Sep 2017 Zebediela Project Update 4:16 pm 13 Jun 2017 Board changes 4:15 pm pm 13 Jun 2017 Exercise of Options 4:34 pm 23 May 2017 Investee Company Update 7:35 am 05 May 2017 Positive test results and commencement of drilling 2:38 pm 28 Apr 2017 Exercise of Options 7:00 am 21 Apr 2017 Exercise of Options 7:00 am 20 Apr 2017 Grant of Options and update on magnetite test work 4:25 pm 19 Apr 2017 Results of Placing 5:40 pm 10 Apr 2017 Proposed additional investment in MRS 4:42 pm 10 Apr 2017 Planned Placing 4:37 pm 10 Apr 2017 Holding(s) in Company 12:53 pm 07 Apr 2017 Update re magnetite drill programme at Zebediela 1:35 pm 06 Apr 2017 Zebediela Project Update 05 Apr 2017 12:48 pm Investor Presentation 1:45 pm 03 Apr 2017 Holding(s) in Company 4:07 pm 13 Mar 2017 Holding(s) in Company 2:57 pm 01 Mar 2017 Investment in MRS and Warrant Exercise 7:00 am 01 Mar 2017 Director/PDMR Transactions 7:00 am 14 Feb 2017 Placing 1:31 pm 13 Feb 2017 Appointment of Board Advisor 3:00 pm 31 Jan 2017 Total Voting Rights 2:00 pm 31 Jan 2017 Director/PDMR transactions 5:00 pm 09 Jan 2017 Placing 1:45 pm 09 Jan 2017 Update on Broker 6th August 2019 Interim Results 7:00 AM 31 Dec 2018 Notice of AGM 2:50 PM 14 Dec 2018 Zebediela Licence Renewal Granted 04 Dec 2018 10:38 am Update on Mining Right Application - 11th December 2019 Existing Convertible Loan Note Amendment 06 August 2020 Subscription, CLN & Issue of Equity 6th May 2020 Results of shareholder analysis 08 July 2020 Results of shareholder analysis 12 October 2020