CENTENNIAL, Colo., Aug. 9, 2013 (GLOBE NEWSWIRE) -- Uranium Resources, Inc. (Nasdaq:URRE) ("URI" or the "Company") today provided an update on the Company's activities and financials through June 30, 2013, as well as its strategy and outlook. Second Quarter and Recent Highlights
- Consolidated corporate headquarters in Denver, Colorado, and rationalized office locations which should generate $1.5 million in annualized savings.
- Strengthened team with the appointment of Jeffrey L. Vigil as Vice President-Finance and Chief Financial Officer.
- Improved economics from future production in Texas with renegotiated uranium supply contract.
- URI continues to actively monitor all expenses and is executing initiatives to conserve cash; the Company expects a lower monthly cash burn during the second half of the year.