{"id":1105,"date":"2025-06-12T06:55:00","date_gmt":"2025-06-12T05:55:00","guid":{"rendered":"https:\/\/urumetals.com\/?p=1105"},"modified":"2025-06-11T20:43:35","modified_gmt":"2025-06-11T19:43:35","slug":"institutional-investment-to-propel-zeb-nickel-project-towards-breakthrough-discoveries","status":"publish","type":"post","link":"https:\/\/urumetals.com\/index.php\/2025\/06\/12\/institutional-investment-to-propel-zeb-nickel-project-towards-breakthrough-discoveries\/","title":{"rendered":"Institutional Investment to Propel Zeb Nickel Project Towards Breakthrough Discoveries"},"content":{"rendered":"\n<p class=\"has-text-align-center\"><strong>12 June 2025<br>URU METALS LIMITED<br>Institutional Investment to Propel Zeb Nickel Project Towards Breakthrough Discoveries<\/strong><br><\/p>\n\n\n\n<p class=\"has-text-align-left\">URU Metals Limited (\u201cURU\u201d or the \u201cCompany\u201d) is pleased to announce that following the<br>recent successes at URU Metals Limited, including significant regulatory and technical<br>milestones, a prominent institutional investor proactively approached the Company to<br>provide a \u00a3420,000 investment. This strategic funding will accelerate the next phase of<br>exploration at our flagship Zeb Nickel Project in Limpopo, South Africa, positioning URU to<br>unlock the immense potential of this high-grade nickel sulphide asset.<br>Key Highlights:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Gross proceeds of \u00a3420,000 (\u201cInstitutional Investment\u201d) raised through the issue of<br>12,000,000 new ordinary shares (\u201cNew Ordinary Shares\u201d) at a price of 3.5 pence per<br>New Ordinary Share raised to drive advanced exploration, including airborne<br>electromagnetic surveys, cutting-edge 3D modeling, and precision drill targeting<\/li>\n\n\n\n<li>Breakthrough 3D geophysical study reveals four high-priority, drill-ready targets,<br>with Target 4 identified as the densest body yet<\/li>\n\n\n\n<li>Mining Right milestone achieved, aligning with Mining Charter III and reinforcing<br>URU\u2019s strategic position in South Africa\u2019s mining sector<br>Strategic Use of Proceeds of the Institutional Investment:<\/li>\n\n\n\n<li>An airborne electromagnetic (AEM) survey to sharpen target precision<\/li>\n\n\n\n<li>Advanced geophysical interpretation and 3D modeling to integrate EM, gravity, and<br>magnetic data<\/li>\n\n\n\n<li>A refined geological model to guide high-impact drilling campaigns<\/li>\n\n\n\n<li>Additional working capital<br>Unveiling Zeb\u2019s World-Class Potential Recent 3D inversion studies by Geofocus (Pty) Ltd<br>have transformed our understanding of the Zeb Nickel Project, confirming a robust conduit<br>style sulphide system with striking similarities to globally renowned deposits like the<br>Uitkomst Complex. Key findings include:<\/li>\n\n\n\n<li>Priority Targets 1 &amp; 2 align with coincident gravity-magnetic anomalies beneath the<br>Uitloop intrusion, signaling potential for massive sulphide deposits<\/li>\n\n\n\n<li>Target depths extend from 100m to over 800m, revealing untapped subsurface<br>potential far beyond historic drilling<\/li>\n\n\n\n<li>A vertically stacked feeder-pipe architecture o ers a clear, cost-e icient path to<br>significant nickel sulphide discoveries<br>A defining moment for the Company was the recent Mining Right advancement by Lesego<br>Platinum Uitloop (Pty) Ltd on 25 April 2025 marks a critical step forward, ensuring<br>compliance with Mining Charter III and solidifying URU\u2019s operational foundation. With robust<br>geophysical data and institutional backing, URU is poised to deliver transformative results<br>at Zeb.<br>Admission and Dealings of the New Ordinary Shares<br>The New Ordinary Shares will be issued as fully paid and will rank pari passu in all resprects<br>with the existing ordinary shares of the Company, including the right to receive dividends and<br>other distributions declared on or after the date on which they are issued.<br>Applications will be made to the London Stock Exchange for the New Ordinary Shares to be<br>admitted to trading on AIM at 8.00 a.m. on or around 18 June 2025.<br>Total Voting Rights<br>Following the issue of the New Ordinary Shares from the Institutional Investment, the<br>Company\u2019s share capital and total voting rights will comprise of 64,367,275 Ordinary Shares.<br>This Figure of 64,367,275 may be used by shareholders as the denominator for the<br>calculations by which they will determine if they are required to notify their interest in, or a<br>change to their interest in, the Company.<br>John Zorbas, CEO, commented: \u201cThe Institutional Investment, initiated by an investor<br>inspired by our recent achievements, marks a turning point for the Company, empowering<br>us to unlock the vast potential of the Zeb Nickel Project. With clear drill targets, regulatory<br>momentum, and advanced geophysical insights, we are on the cusp of defining a world<br>class nickel sulphide resource. We invite investors to join us on this exciting journey towards<br>a major discovery.\u201d<br>Market Abuse Regulation (MAR) Disclosure<br>This announcement contains inside information for the purposes of Article 7 of the Market<br>Abuse Regulation (EU) 596\/2014 as it forms part of UK domestic law by virtue of the<br>European Union (Withdrawal) Act 2018 (\u201cMAR\u201d), and is disclosed in accordance with the<br>Company\u2019s obligations under Article 17 of MAR.<br>For further information, please contact:<br>URU Metals Limited<br>John Zorbas, CEO<\/li>\n\n\n\n<li>+1 416 504 3978<\/li>\n\n\n\n<li><br>SP Angel Corporate Finance LLP<br>(Nominated Adviser and Broker)<br>Ewan Leggat \/ Jen Clarke<\/li>\n\n\n\n<li>44 (0) 203 470 0470<br><\/li>\n\n\n\n<li>Axis Capital Markets Limited<br>(Joint Broker)<br>Lewis Jones<br>+44 (0) 203 0260320<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>12 June 2025URU METALS LIMITEDInstitutional Investment to Propel Zeb Nickel Project Towards Breakthrough Discoveries URU Metals Limited (\u201cURU\u201d or the \u201cCompany\u201d) is pleased to announce that following therecent successes at URU Metals Limited, including significant regulatory and technicalmilestones, a prominent institutional investor proactively approached the Company toprovide a \u00a3420,000 investment. This strategic funding will accelerate [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[],"class_list":["post-1105","post","type-post","status-publish","format-standard","hentry","category-regulatory-news"],"_links":{"self":[{"href":"https:\/\/urumetals.com\/index.php\/wp-json\/wp\/v2\/posts\/1105","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/urumetals.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/urumetals.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/urumetals.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/urumetals.com\/index.php\/wp-json\/wp\/v2\/comments?post=1105"}],"version-history":[{"count":1,"href":"https:\/\/urumetals.com\/index.php\/wp-json\/wp\/v2\/posts\/1105\/revisions"}],"predecessor-version":[{"id":1106,"href":"https:\/\/urumetals.com\/index.php\/wp-json\/wp\/v2\/posts\/1105\/revisions\/1106"}],"wp:attachment":[{"href":"https:\/\/urumetals.com\/index.php\/wp-json\/wp\/v2\/media?parent=1105"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/urumetals.com\/index.php\/wp-json\/wp\/v2\/categories?post=1105"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/urumetals.com\/index.php\/wp-json\/wp\/v2\/tags?post=1105"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}