European Uranium’s Director Retires
September 09 2013 - 7:00AM
Business Wire
European Uranium Resources Ltd. (EUU: TSX-V; (EUUNF:OTCQX; TGPN:
Frankfurt) reports that Rex McLennan notified the Company of his
decision to retire from the Company’s Board of Directors with
effect from September 6th, 2013. He has served as a non-executive
independent director and chair of the Audit Committee for the past
six years.
"We appreciate the contribution Rex has made in serving as a
director for European Uranium, and in particular his role as our
Audit Committee chair, providing sound oversight and leadership in
the financial governance of the company," said Board Chairman,
Michael Hopley.
The Company has seven remaining directors, one of whom will
assume the role as Audit Committee Chair. The Company does not
intend to recruit a replacement.
About European Uranium Resources
Ltd.
European Uranium Resources Ltd. is a dedicated European uranium
exploration and development company that has built a portfolio of
outstanding projects in Slovakia. European Uranium is well placed
to become the key uranium exploration and development company in
Europe. Europe is the world’s largest per capita consumer of
uranium with 160 reactors and more under construction or planned,
but with only one currently operating uranium mine. The Company’s
Kuriskova Project in Slovakia could be one of the world’s lowest
cost uranium producers. European Uranium has a strong base of
supportive shareholders including AREVA, ranked first in the global
nuclear power industry and a key player in uranium mining and
nuclear operations on a world-wide basis.
EUROPEAN URANIUM RESOURCES LTD.
"Dusty Nicol"
Dorian L. (Dusty) Nicol, President and CEOFor further
information please contact: Doris Meyer, at (604) 536-2711, or
visit www.euresources.com.
Neither the TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release.
Cautionary Statement:
This news release contains forward-looking statements that are
based on the Corporation's current expectations and estimates.
Forward-looking statements are frequently characterized by words
such as "plan", "expect", "project", "intend", "believe",
"anticipate", "estimate", "suggest", "indicate" and other similar
words or statements that certain events or conditions "may" or
"will" occur. Such forward-looking statements involve known and
unknown risks, uncertainties and other factors that could cause
actual events or results to differ materially from estimated or
anticipated events or results implied or expressed in such
forward-looking statements. Such factors include, among others: the
actual results of current exploration activities; conclusions of
economic evaluations; changes in project parameters as plans to
continue to be refined; possible variations in ore grade or
recovery rates; accidents, labour disputes and other risks of the
mining industry; delays in obtaining governmental approvals or
financing; and fluctuations in metal prices. There may be other
factors that cause actions, events or results not to be as
anticipated, estimated or intended. Any forward-looking statement
speaks only as of the date on which it is made and, except as may
be required by applicable securities laws, the Corporation
disclaims any intent or obligation to update any forward-looking
statement, whether as a result of new information, future events or
results or otherwise. Forward-looking statements are not guarantees
of future performance and accordingly undue reliance should not be
put on such statements due to the inherent uncertainty therein.
European Uranium Resources Ltd.Doris Meyer,
604-536-2711www.euresources.com
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