12 June 2025

URU METALS LIMITED

Institutional Investment to Propel Zeb Nickel Project Towards Breakthrough Discoveries

URU Metals Limited ("URU" or the "Company") is pleased to announce that following the recent successes at URU Metals Limited, including significant regulatory and technical milestones, a prominent institutional investor proactively approached the Company to provide a £420,000 investment. This strategic funding will accelerate the next phase of exploration at our flagship Zeb Nickel Project in Limpopo, South Africa, positioning URU to unlock the immense potential of this high-grade nickel sulphide asset.

Key Highlights:

·      Gross proceeds of £420,000 ("Institutional Investment") raised through the issue of  12,000,000 new ordinary shares ("New Ordinary Shares") at a price of 3.5 pence per New Ordinary Share raised to drive advanced exploration, including airborne electromagnetic surveys, cutting-edge 3D modeling, and precision drill targeting

·      Breakthrough 3D geophysical study reveals four high-priority, drill-ready targets, with Target 4 identified as the densest body yet

·      Mining Right milestone achieved, aligning with Mining Charter III and reinforcing URU's strategic position in South Africa's mining sector

Strategic Use of Proceeds of the Institutional Investment:

·      An airborne electromagnetic (AEM) survey to sharpen target precision

·      Advanced geophysical interpretation and 3D modeling to integrate EM, gravity, and magnetic data

·      A refined geological model to guide high-impact drilling campaigns

·      Additional working capital

Unveiling Zeb's World-Class Potential Recent 3D inversion studies by Geofocus (Pty) Ltd have transformed our understanding of the Zeb Nickel Project, confirming a robust conduit-style sulphide system with striking similarities to globally renowned deposits like the Uitkomst Complex. Key findings include:

·      Priority Targets 1 & 2 align with coincident gravity-magnetic anomalies beneath the Uitloop intrusion, signaling potential for massive sulphide deposits

·      Target depths extend from 100m to over 800m, revealing untapped subsurface potential far beyond historic drilling

·      A vertically stacked feeder-pipe architecture offers a clear, cost-efficient path to significant nickel sulphide discoveries

A defining moment for the Company was the recent Mining Right advancement by Lesego Platinum Uitloop (Pty) Ltd on 25 April 2025 marks a critical step forward, ensuring compliance with Mining Charter III and solidifying URU's operational foundation. With robust geophysical data and institutional backing, URU is poised to deliver transformative results at Zeb.

Admission and Dealings of the New Ordinary Shares

The New Ordinary Shares will be issued as fully paid and will rank pari passu in all resprects with the existing ordinary shares of the Company, including the right to receive dividends and other distributions declared on or after the date on which they are issued.

Applications will be made to the London Stock Exchange for the New Ordinary Shares to be admitted to trading on AIM at 8.00 a.m. on or around 18 June 2025.

Total Voting Rights

Following the issue of the New Ordinary Shares from the Institutional Investment, the Company's share capital and total voting rights will comprise of 64,367,275 Ordinary Shares. This Figure of 64,367,275 may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company.

John Zorbas, CEO, commented: "The Institutional Investment, initiated by an investor inspired by our recent achievements, marks a turning point for the Company, empowering us to unlock the vast potential of the Zeb Nickel Project. With clear drill targets, regulatory momentum, and advanced geophysical insights, we are on the cusp of defining a world-class nickel sulphide resource. We invite investors to join us on this exciting journey towards a major discovery."

Market Abuse Regulation (MAR) Disclosure

This announcement contains inside information for the purposes of Article 7 of the Market Abuse Regulation (EU) 596/2014 as it forms part of UK domestic law by virtue of the European Union (Withdrawal) Act 2018 ("MAR"), and is disclosed in accordance with the Company's obligations under Article 17 of MAR.

For further information, please contact: