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Tournigan Closes Private Placement With AREVA, And Welcomes Andreas Mittler As A Director

Stocks in this article: TGP

About Tournigan

Tournigan is a uranium exploration and development company. The company’s flagship asset is the Kuriskova uranium deposit in Slovakia, among the highest grade uranium deposits in the world. Slovakia currently has four nuclear reactors generating half of its electricity, with two more reactors planned or under construction.

With the anticipated acquisition of uranium properties from Mawson, Tournigan plans to diversify geographically by acquiring projects in Sweden and Finland, also members of the European Union and countries which rely on nuclear generated electricity. In Sweden, ten nuclear reactors generate over 40% of the country’s electricity. Finland currently has four operating reactors generating about 28% of the country’s electricity. A fifth large nuclear plant is under construction in Finland with plans firming for a sixth. Tournigan is committed to safe and sustainable exploration and mine development. For additional information, please contact Ms. Doris Meyer at (604) 536-2711 or visit www.tournigan.com.

TOURNIGAN ENERGY LTD.

"Dusty Nicol"

Dorian L. (Dusty) Nicol, President and CEO

For further information please contact: Doris Meyer, at (604) 536-2711, or visit www.tournigan.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. The foregoing information may contain forward-looking information relating to the future performance of Tournigan Energy Ltd. Forward-looking information, is subject to certain risks and uncertainties, and actual results may differ materially. These risks and uncertainties are detailed from time to time in the Corporation's filings with the appropriate securities commissions.

Copyright Business Wire 2010
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