December 13, 2012

European Uranium Joins OTCQX

Vancouver, December 13, 2012 - European Uranium Resources Ltd. (EUUNF:OTCQX; EUU: TSX-V; TGPN: Frankfurt) is pleased to announce that European Uranium has begun trading on the OTCQX marketplace under the symbol EUUNF. This will allow U.S. investors to buy and sell shares of EUU without needing to open a brokerage account in Canada.

OTCQX International is a segment of the OTCQX marketplace reserved for high-quality non-U.S. companies listed on a qualified stock exchange in their home country. The OTCQX marketplace offers investors transparent trading, superior information, and easy access through their regulated U.S. broker-dealers.

Trading of securities on OTCQX is fully electronic and investors can access OTCQX securities through all major online and full-service brokerage firms in the U.S., including Schwab, E*TRADE, Scottrade, TD Ameritrade, and Fidelity. OTCQX market data is disseminated through Yahoo, Bloomberg, Reuters, and most other financial data providers.

In addition, investors can view a full Real-Time Level 2 Quote Montage for all OTCQX companies for free on www.otcmarkets.com, allowing them the opportunity to see the full market-depth of their stock.

About European Uranium Resources Ltd.

European Uranium Resources Ltd. is a dedicated European uranium exploration and development company that has built a portfolio of outstanding projects in Slovakia, Sweden and Finland at all stages of the exploration / development pipeline. European Uranium is well placed to become the key uranium exploration and development company in Europe. Europe is the world's largest per capita consumer of uranium with 160 reactors and more under construction or planned, but with only one currently operating uranium mine. The Company's Kuriskova Project in Slovakia could be one of the world's lowest cost uranium producers. European Uranium has a strong base of supportive shareholders including AREVA, ranked first in the global nuclear power industry and a key player in uranium mining and nuclear operations on a world-wide basis.

EUROPEAN URANIUM RESOURCES LTD.

"Dusty Nicol"

Dorian L. (Dusty) Nicol, President and CEO

For further information please contact: Doris Meyer, at (604) 536-2711, or visit www.euresources.com.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

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