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Initiating Coverage on Niger Uranium Ltd. (URU); Diversified Portfolio of Exploration Assets

LOM Securities (Bermuda) Limited is pleased to announce that a new research report has been issued on Niger Uranium Limited (AIM: URU), a uranium exploration and development company with assets in Niger, Namibia, and South America. We are initiating coverage on Niger Uranium with a Buy rating and a 34.41p target price. We believe the company's well-located properties coupled with management's international field experience will result in a significant advancement of the company’s projects and create value for shareholders. Since incorporation in mid-2007, Niger Uranium has announced a maiden resource statement for one of its targets and completed two acquisitions with a third pending.

LOM strongly recommends that the complete report be reviewed prior to making any investment decisions. The issuer named in this report may be considered speculative in nature and fit only for qualified individuals that have sought the advice of investment professionals.  LOM directs any potential investors to the full list of disclosures contained within the complete report.

View other research on Niger Uranium Ltd.

Grant Hopkins
LOM Securities (Bermuda) Ltd.
lom.research@lom.com
441-294-7039