TORONTO, Dec. 14, 2012 /CNW Telbec/ - NWT Uranium Corp. (TSX
VENTURE:NWT) (FRANKFURT:NMV) ("NWT" or "The Company") announced that CEO David Subotic and Chairman John Zorbas met last
week with Albanian Prime Minister Sali Berisha in Tirana, Albania.
Among the topics discussed was the potential for NWT Uranium to invest
in Albania through the acquisition of exploration rights for
state-owned mineral resources.
"Albania has already created many success stories by offering numerous
avenues of government support." said Prime Minister Berisha. "We are
dedicated to guaranteeing the success of the private sector, as it is a
major contributor to the development of the country."
Both parties described the meeting at informative and fruitful and
promised to continue to explore opportunities for future collaboration.
NWT Uranium believes Albania to be well positioned for a period of
sustained and substantial growth as the country continues with
preparations to join the European Union.
"We were honoured to meet with Prime Minister Berisha and are excited to
explore further the possibility of bringing increased shareholder value
through strategic investments in Albania," said David Subotic, CEO of
NWT Uranium. "Exploring the potential for collaboration in successful
emerging markets such as Albania is consistent with our goal of
continuing to grow NWT Uranium through innovation and opportunity."
Subotic and NWT Executive Chairman John Zorbas, who both have
significant experience operating in emerging markets, expressed support
for Prime Minister Berisha's progress in modernizing the Albanian
economy and encouraging increased foreign investment. In praising the
Prime Minister's efforts, they highlighted PM Berisha's accomplishments
in successfully privatizing the vast majority of Albania's state-owned
"Albania is unquestionably a country that is open for business and
welcoming of foreign investment," said Zorbas. "Prime Minister Berisha
has created an inviting business environment that presents numerous
opportunities for growth to an innovation-driven company like NWT
For more information on NWT Uranium or to speak with a company
representative please call 416.504.3978
NWT Uranium Corp. (TSX VENTURE:NWT) (FRANKFURT:NMV)
NWT Uranium Corp. is an emerging international exploration company with
an experienced management team. Based in Toronto, Canada the firm is
publicly traded on the TSX and Frankfurt stock exchange. NWT Uranium
holds a stake in URU Metals and Azimut Exploration. The Company is
focused on strategic investments that bring shareholder value and
SOURCE: NWT Uranium Corp.
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