Mr. Dorian Nicol reports

EUROPEAN URANIUM -- PROVIDES OPERATIONAL UPDATE

European Uranium Resources Ltd. (EUU) is providing the following update on its subsidiary's operations in the Slovak Republic.

Legal proceedings

On June 14, 2015, lawyers acting on behalf of Ludovika Energy, the Slovak subsidiary that held the Kuriskova uranium permit, filed court proceedings against the Ministry of Environment in Slovakia in respect to its decision not to grant the extension of the uranium permits. The company now advises that Ludovika Energy is in the final stages of negotiating an agreement with its lawyers that would see the deferment of any payment of fees or costs associated with the proceedings until the outcome of those proceedings is determined, with fees payable only if the outcome is favourable.

Licence applications

The company also advises that the applications Ludovika currently has before the ministry for rare earth exploration licences over the area of the Kuriskova and Novoveska Huta uranium projects are still being processed by the ministry. The company will update shareholders as developments occur. As stated previously, shareholders should note that the legal proceedings are separate and independent to the applications that Ludovika has before the ministry for rare earths.

We seek Safe Harbor.