European Uranium – Commences Legal Proceedings in Slovakia

Vancouver, British Columbia (FSCwire) - European Uranium Resources Ltd. ("EUU" or the “Company”) (TSXV: EUU) provides the following update on its subsidiary’s operations in the Slovak Republic.

The Company advises that lawyers acting on behalf of Ludovika Energy s.r.o. (“Ludovika”), the company that held the exploration license where the Kuriskova uranium deposit is located, have filed court proceedings against the Ministry of Environment in Slovakia (the “Ministry”) in respect to its decision not to grant the extension of the exploration license.

Ludovika is asking the court to review the decision of the Ministry to determine whether it was made in accordance with the Geological Law of Slovakia.

This is the first step to remedy what the Company’s legal advisers believe to be a violation of the Geological Law of Slovakia.  If successful in the proceedings, it is the view of the Company’s advisers that Ludovika would be entitled to compensation. EUU and its Joint Venture partner Forte Energy NL have invested in excess of 25 million Euros in the Kuriskova Uranium project.  This would be the starting point for a compensation claim.

The Company will update its shareholders as developments occur.

Shareholders should note that the legal proceedings are separate and independent to the applications that Ludovika has before the Ministry for an exploration license to allow exploration for rare earth elements in the Kuriskova deposit area.

EUROPEAN URANIUM RESOURCES LTD.

"Dusty Nicol"

Dorian L. (Dusty) Nicol, President and CEO

For further information please contact: Dorian (Dusty) Nicol, 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.

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