19 January 2022

URU  Metals Limited

("URU" or "the Company")

ZEB NICKEL CORP. ANNOUNCES TRADING ON OTCQB

URU Metals Limited (AIM: URU) is pleased to announce that ZEB Nickel Corp. has received final approval from the OTC Markets Group to begin trading on the OTCQB market under the ticker symbol "ZBNIF" at market open on January 19, 2022. The Company through its 74.82% interest in Zeb Nickel Corp remains the primary focus of URU. Trading on the OTCQB Market is a positive step forward for both the Zeb Nickel Corp and its shareholders, allowing Zeb Nickel Corp to now have access to the United States investment community, through its new U.S. listing on the OTCQB. With the support of the OTC Markets Group, the company expects to be able to continue to advance the company within the U.S. investment community.

The OTCQB is the premier venture marketplace for developing junior resource companies in the United States with its commitment to providing a high-quality trading platform for U.S. investors.

To be eligible, companies must meet high financial standards, including being current in their financial reporting, follow best practices corporate governance, have professional third-party sponsor introduction, demonstrate compliance with U.S. securities laws, and undergo an annual verification and management certification process. The OTCQB is recognized by the Securities and Exchange Commission as an established public market that provides current public information to investors the need to analyze, value and trade securities. For further information on ZEB Nickel Corp. please visit www.zebnickel.com 

Certain information contained in this announcement would have been deemed inside information for the purposes of Article 7 of Regulation (EU) No 596/2014, incorporated into UK law by the European Union (Withdrawal) Act 2018 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