Uranium Resources and Anatolia Energy jointly announce that URI’s 24% shareholder Resource Capital Fund V L.P. has committed to vote in support of the combination of URI and Anatolia. RCF is satisfied with its final due diligence related to the Merger and is evaluating project financing options for Anatolia’s Temrezli Project. Christopher M. Jones, President and Chief Executive Officer of URI, commented [...]
During the second quarter 2015, Uranium Resources Inc. (NASDAQ:URRE) (URI) announced a transformational and strategic merger (Merger) with Anatolia Energy Ltd. (ASX: AEK; Anatolia) that will advance uranium production to the near term with the planned construction and start-up of Anatolia’s Temrezli Project in Central Turkey. The proposed Merger has potential cost saving synergies of up to $11.0 million in capital [...]
Uranium Resources Inc. (NASDAQ:URRE; URI) has closed on the previously announced sale of its Roca Honda Project assets (Roca Honda Assets) to Energy Fuels Inc. (NYSE MKT: UUUU; TSX: EFR) for US$2.5 million in cash, US$375,000 in Energy Fuels’ stock and other consideration. Christopher M. Jones, President and Chief Executive Officer of Uranium Resources, said, “The Roca Honda sale is a strategic transaction [...]
Uranium Resources Inc. (NASDAQ:URRE; URI or the Company) has acquired an extensive data set containing historical mineral resource estimates as well as over 2,000 drilling logs, geologic and other data (Mineral Data) for URI’s Butler Ranch Project in South Texas. This Smart News Release features multimedia. View the full release here: http://www.businesswire.com/news/home/20150707005609/en/ URI is purchasing Mineral [...]
Uranium Resources announced today that it has executed a definitive agreement to sell its Roca Honda Project assets to Energy Fuels for US$2.5 million in cash, US$375,000 in Energy Fuels’ NYSE MKT-listed shares (76,455 UUUU shares) plus other consideration. The transaction with Energy Fuels is expected to close in July 2015, subject to customary conditions, including applicable stock exchange approvals for the [...]
Uranium Resources Inc. (Uranium Resources or URI) (NASDAQ:URRE) and Anatolia Energy Ltd. (Anatolia) (ASX:AEK) are pleased to announce that they have reached an agreement to combine the two companies to create a larger, diversified uranium development and exploration business, with the aim of becoming a low-cost uranium producer in the near term from the Temrezli Project in central Turkey. Upon completion of the Merger [...]
Uranium Resources Inc. (NASDAQ:URRE) announced today that it has entered into a Letter of Intent (LOI) with Energy Fuels Inc. (NYSE MKT: UUUU; TSX: EFR) related to the purchase and exchange of certain uranium properties in New Mexico for the mutual benefit of both companies. Under the LOI, Uranium Resources (URI or the Company) and its subsidiaries have agreed, subject to the execution of definitive documentation, to [...]
Uranium Resources Inc. (NASDAQ: URRE) announced that the Company has reduced its quarterly cash expenditures composed of mineral property and general and administrative expenses, excluding non-cash stock compensation, by 24% to $2.5 million in the 1Q 2015 from $3.2 million in 1Q 2014. Christopher M. Jones, President and Chief Executive Officer, said, Our forecasted cash expenditures this year and funds available ensure we [...]
Uranium Resources Inc. (NASDAQ:URRE) reported that all five drill holes from a recently completed preliminary drilling program at the Butler Ranch Project in South Texas encountered multiple zones of anomalous to low-grade levels of uranium mineralization. The drilling program has extended the zone of uranium mineralization within multiple sandstone units along the projected trend for 400 feet and widths of up to 200 [...]
Uranium Resources Inc. (NASDAQ: URRE) today announced that during 2014, it has reduced mineral property expenses and general and administrative, excluding non-cash stock compensation, to $11.6 million from $14.5 million in 2013 and $16.8 million in 2012. Christopher M. Jones, President and Chief Executive Officer, said, “We are excited about the year ahead and our expanded scope of business activities, even as we [...]
Uranium Resources Inc. (NASDAQ:URRE) announced today that it has closed the registered direct financing that was publicly announced on March 3, 2015 relating to the sale of 4,000,000 shares of its common stock and warrants to purchase 2,200,000 shares of its common stock to several institutional investors for gross proceeds of $6.0 million. URRE intends to use the net proceeds from this offering to fund ongoing business [...]
Uranium Resources Inc. (NASDAQ:URRE) announced today that it has entered into a securities purchase agreement with certain institutional investors to sell 4,000,000 shares of its common stock and warrants to purchase 2,200,000 shares of its common stock for gross proceeds of $6.0 million. The securities will be sold in units at a price of $1.50 per unit, with each unit consisting of one share of common stock and a warrant [...]
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