LONDON, April 18 /CNW/ - Uruguay Mineral Exploration Inc. (the "Company") announces that Tony Shearer, Non Executive Chairman of the Company, on 16th April, 2007 purchased 25,000 Common Shares in the Company ("Common Shares") at a price of CAD 3.90 and 5,000 Common Shares at a price of GBP 1.65 per share.
Following this purchase, Mr Shearer will have an interest in 483,834 Common Shares representing 0.99% of the Company's issued share capital.
ENDS
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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 Collins Stewart Europe Limited is its Nominated Adviser and Broker.