Uranium Resources announced today closure of the merger with Anatolia Energy. On November 10, 2015, the new URI shares exchanged for Anatolia shares will begin trading on Nasdaq under its existing trading symbol (as URRE) and on the ASX as CDIs under the new trading symbol “URI”. On the same day, new URI quoted options exchanged for [...]
Uranium Resources Inc. (Nasdaq: URRE; URI) and Anatolia Energy Ltd. (ASX: AEK; Anatolia) jointly announce that orders by the Federal Court of Australia approving the Australian schemes of arrangement under which URI will acquire Anatolia (Schemes), have taken effect. A copy of the orders is attached to this announcement. This Smart News Release [...]
Uranium Resources announced that the Anatolia Energy securityholders overwhelmingly approved the merger with URI, which remains subject to the approval of the Federal Court of Australia at a hearing in two weeks and an expected closing on or about November 9. Christopher M. Jones, President and Chief Executive Officer of URI, said, “We thank [...]
Uranium Resources held its URI Annual Meeting of Stockholders today at which the URI shareholders overwhelmingly voted to approve the issuance of shares to effect the combination with Anatolia Energy Ltd. Of the votes cast regarding the share issuance, 98.6% voted in support of the share issuance. A total of 21.6 million shares or 72% of shares [...]
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 [...]
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$375,000 in Energy Fuels’ NYSE MKT-listed shares (76,455 UUUU shares) plus other consideration. The transaction with Energy Fuels is expected to close in July 2015, subject to [...]
Preliminary Economic Assessment demonstrates robust economics. NPV (8% DCF) of US$ 173.9M (A$ 189.1M). Internal Rate of Return of 103%. Total production of 9.1M lbs U3O8 over a 10 year LOM. Upfront Capital US$ 30.6M & Cash Operating Costs of US$ 22.30/lb. Defines path for advancement of the Temrezli project to production- Sefaatli & West Sorgun [...]