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Potential disposal of Zebediela Project URU Metals Limited ( URU or Company ) (LON: URU) has entered into a letter of intent, dated 7 January 2021, with Blue Rhino Capital Corp, a company listed on the TSX Venture Exchange ( TSX-V ) (TSX-V: RHNO.P) ( BRC ) whereby BRC proposes to acquire all of the issued and outstanding share capital of Zebediela Nickel Company (Pty) Ltd. ( ZEB ), which controls the Company s Zebediela Nickel Project in South Africa (the Project ). Transaction Summary Pursuant to the terms of the Transaction, it is contemplated that BRC will consolidate its share capital on a 2.3-for-1 basis (the Consolidation ), following which it will issue 41,000,000 post-Consolidation common shares (the Consideration Shares ) to URU in consideration for all of the outstanding share capital of ZEB. BRC will also assume all ongoing liabilities and obligations of ZEB, which will include a 2.5% royalty on all revenue generated from the P ....