TOURNIGAN ENERGY LTD. 
By October 11, 2013
European Uranium Arranges Financing
Vancouver, October 11, 2013 - European Uranium Resources, Ltd. (EUU: TSX-V; EUUNF: OTCQX; TGPN: Frankfurt) has arranged a $1.0 million financing through Global Resources Investment Limited (GRIT). GRIT has been established to exploit investment opportunities in the junior mining and natural resources sectors worldwide, with an investment objective to generate medium and long-term capital growth. GRIT has advised that they will shortly be re-registering as a public company and will be constituted as an investment trust with the name Global Resources Investment Trust Plc and is seeking admission of its ordinary shares on the main market for listed securities on the London Stock Exchange.
GRIT is acquiring 8 million shares of EUU at a price of $0.125 per share and will own approximately 13% of EUU after this transaction. These EUU shares will be subject to a 4-month hold period. The consideration to EUU will be 604,485 shares of GRIT, at a deemed price of