Uruguay Mineral Exploration Inc: Director`s Shareholding
MONTEVIDEO, Uruguay–Uruguay Mineral Exploration Inc (“the Company”)(TSX VENTURE:UME) (LSE:UGY) was informed on 19 August 2008 that the Company’s Chairman, Tony Shearer, purchased 20,000 shares at C$1.50 on 19 August 2008. Following his purchase Mr. Shearer has an interest in 563,834 Common Shares representing 1.16% of the Company’s issued share capital and 50,000 options to purchase 50,000 Common Shares at an exercise price of C$ 4.50 expiring on 15 September, 2010.
Editors’ note: Uruguay Mineral Exploration Inc. is a gold producer and exploration company focused on identifying and developing mineral opportunities in Uruguay. UME is a fully integrated mining company, possessing the skills necessary to explore and develop its discoveries. The Company operates the only producing gold mine in Uruguay (San Gregorio), and is also the leading mineral exploration company in Uruguay having assembled an exploration portfolio based on gold, base metals (copper, nickel, lead, zinc) and diamond prospects.
Uruguay Mineral Exploration Inc. is quoted in Canada (TSXV) and London (AIM) and RBC Capital Markets is its Nominated Adviser and Broker.
source : Uruguay Mineral Exploration Inc.
Tags: Mineral, mineral explorating company, Mining Company, Uruguay mining