March 27, 2012 - Assignment

European Uranium Resources acquires uranium exploration licenses in Sweden and Finland

European Uranium Resources Ltd. (formerly Tournigan Energy Ltd), a company listed on the TSX Venture Exchange in Canada and the Frankfurt Stock Exchange, has acquired a number of uranium exploration licenses in Sweden and Finland from Mawson Resources Ltd.

European Uranium Resources Ltd. has the ambition to grow on the European market for uranium exploration and development. Behind European Uranium Resources Ltd. stands among others AREVA, ranked first in the global nuclear power industry and a key player in uranium mining.

European Uranium Resources was advised by Mannheimer Swartling in cooperation with Stikeman Elliott LLP. Mannheimer Swartling also coordinated Finnish counsel. Mannheimer Swartling’s team included partners Martin Ericsson and Per Molander and associates Felicia Terenius, Patrik Lilieblad, Viktor Nykvist and Jonas Lagerroos