- Acquired Neutron Energy, Inc. (“Neutron”) in August 2012, adding over 50 million pounds of mineralized uranium material.
- Substantiated financial and environmental viability of the Churchrock Section 8 Project.
- Achieved an agreement with the Navajo Nation for temporary access to Section 8. First step taken in addressing legacy issues surrounding uranium mining in New Mexico.
- Expanded and extended its South Texas exploration agreement with a subsidiary of Cameco Corporation (NYSE: CCJ).
- Recapitalized through a $5 million bridge loan facility with Resource Capital Fund V L.P. (“RCF”), a shareholder rights offering (“Rights Offering”) and the pending release of $4.5 million back to URI after securing new surety bonds.
- Regained compliance with NASDAQ listing standards.
- Named Christopher M. Jones as President and CEO effective April 1, 2013.
Uranium Resources Provides Full Year 2012 Review And Outlines Near-Term Initiatives
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