LONDON--The Board of Uruguay Mineral Exploration Inc. (TSX VENTURE:UME) (LSE:UGY)(the "Company") announces that the Company has appointed RBC Capital Markets as its Nominated Adviser and Broker with immediate effect.

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this news release.

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.

Contacts

Uruguay Mineral Exploration Inc
Tony Shearer, Chairman: +44 20 7602-1570
tonyshearer@btinternet.com
or
David Fowler, CEO: 598 2 6016354
urumin@ume.com.uy
or
Shared Value Ltd
Emily Bruning: +44 (0) 20 7321 5027
ebruning@sharedvalue.net
or
RBC Capital Markets
Andrew Smith: +44 (0) 20 7029 7882
andrew.smith@rbccm.com
or
Sarah Wharry: +44 (0) 20 7653 4667
sarah.wharry@rbccm.com
or
Martin Eales: +44 (0) 20 7029 7881
martin.eales@rbccm.com

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