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<SEC-DOCUMENT>0001157523-10-006762.txt : 20101109
<SEC-HEADER>0001157523-10-006762.hdr.sgml : 20101109
<ACCEPTANCE-DATETIME>20101109153651
ACCESSION NUMBER:		0001157523-10-006762
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		2
CONFORMED PERIOD OF REPORT:	20101108
ITEM INFORMATION:		Other Events
ITEM INFORMATION:		Financial Statements and Exhibits
FILED AS OF DATE:		20101109
DATE AS OF CHANGE:		20101109

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			URANIUM RESOURCES INC /DE/
		CENTRAL INDEX KEY:			0000839470
		STANDARD INDUSTRIAL CLASSIFICATION:	METAL MINING [1000]
		IRS NUMBER:				752212772
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		8-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-33404
		FILM NUMBER:		101176106

	BUSINESS ADDRESS:	
		STREET 1:		12750 MERIT DRIVE
		STREET 2:		SUITE 720
		CITY:			DALLAS
		STATE:			TX
		ZIP:			75251
		BUSINESS PHONE:		9723877777

	MAIL ADDRESS:	
		STREET 1:		12750 MERIT DRIVE
		STREET 2:		SUITE 720
		CITY:			DALLAS
		STATE:			TX
		ZIP:			75251
</SEC-HEADER>
<DOCUMENT>
<TYPE>8-K
<SEQUENCE>1
<FILENAME>a6501842.htm
<DESCRIPTION>URANIUM RESOURCES, INC. 8-K
<TEXT>
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    <title></title>
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    <p style="text-align: center">
      <br>
      <font style="font-family: Times New Roman; font-size: 14pt"><b>SECURITIES
      AND EXCHANGE COMMISSION</b></font><br><font style="font-size: 12pt"><b>Washington,
      D.C. 20549</b></font><br><br><font style="font-family: Times New Roman; font-size: 18pt"><b>FORM
      8-K</b></font><br><br><font style="font-family: Times New Roman; font-size: 12pt"><b>CURRENT
      REPORT</b></font><font style="font-size: 12pt"><br style="font-size: 12pt"></font><font style="font-family: Times New Roman; font-size: 12pt"><b>Pursuant
      to Section 13 or 15(d) of the Securities Exchange Act of 1934</b></font><font style="font-size: 10pt"><br style="font-size: 10pt"></font><br><font style="font-family: Times New Roman; font-size: 10pt"><b>Date
      of Report (Date of earliest event reported):&#160;November 8, 2010</b></font><br><br><font style="font-size: 24pt"><b>URANIUM
      RESOURCES, INC.</b></font><br>(Exact name of registrant as specified in
      its charter)<br><br>
    </p>
    <div style="text-align:center">
    <table style="font-family: Times New Roman; width: 100%; font-size: 10pt; margin-left:auto;margin-right:auto; margin-bottom: 10.0px" cellspacing="0">
      <tr>
        <td valign="bottom" style="width: 32%; padding-left: 0.0px; text-align: left">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>Delaware</b>
          </p>
        </td>
        <td style="width: 2%">
          &#160;
        </td>
        <td valign="bottom" style="width: 32%; padding-left: 0.0px; padding-right: 0.0px; text-align: left; white-space: nowrap">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>0-17171</b>
          </p>
        </td>
        <td style="width: 2%">
          &#160;
        </td>
        <td valign="bottom" style="width: 32%; padding-left: 0.0px; padding-right: 0.0px; text-align: left; white-space: nowrap">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>75-2212772</b>
          </p>
        </td>
      </tr>
      <tr>
        <td valign="top" style="width: 32%; padding-left: 0.0px; text-align: left">
          <p style="margin-top: 0px; margin-bottom: 0px">
            (State or other jurisdiction of
          </p>
          <p style="margin-top: 0px; margin-bottom: 0px">
            incorporation)
          </p>
        </td>
        <td style="width: 2%">

        </td>
        <td valign="top" style="width: 32%; padding-left: 0.0px; padding-right: 0.0px; text-align: left; white-space: nowrap">
          <p style="margin-top: 0px; margin-bottom: 0px">
            (Commission File Number)
          </p>
        </td>
        <td style="width: 2%">

        </td>
        <td valign="top" style="width: 32%; padding-left: 0.0px; padding-right: 0.0px; text-align: left; white-space: nowrap">
          <p style="margin-top: 0px; margin-bottom: 0px">
            (I.R.S. Employer Identification No.)
          </p>
        </td>
      </tr>
    </table>
    </div>
    <div style="text-align:center">
    <table style="font-family: Times New Roman; width: 100%; font-size: 10pt; margin-left:auto;margin-right:auto; margin-bottom: 10.0px" cellspacing="0">
      <tr>
        <td valign="top" style="width: 50%; padding-left: 0.0px; padding-right: 0.0px; text-align: left; white-space: nowrap">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>405 State Highway 121 Bypass, Building A, Suite 110</b>
          </p>
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>Lewisville, TX</b>
          </p>
        </td>
        <td style="width: 18%">
          &#160;
        </td>
        <td valign="bottom" style="width: 32%; padding-left: 0.0px; padding-right: 0.0px; text-align: left; white-space: nowrap">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>75067</b>
          </p>
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="width: 50%; padding-left: 0.0px; text-align: left">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <font style="font-family: Times New Roman; font-size: 10pt">(Address
            of principal executive offices)</font>
          </p>
        </td>
        <td style="width: 18%">

        </td>
        <td valign="bottom" style="width: 32%; padding-left: 0.0px; text-align: left">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <font style="font-family: Times New Roman; font-size: 10pt">(Zip
            Code)</font>
          </p>
        </td>
      </tr>
    </table>
    </div>
    <p style="text-align: center">
      (Registrant's telephone number, including area code):<b> &#160;&#160;(972) 219-3330</b><br>
    </p>
<div style="text-align:left">
    <table style="font-family: Times New Roman; width: 100%; font-size: 10pt; margin-bottom: 10.0px" cellspacing="0">
      <tr>
        <td style="width: 25%">
          &#160;
        </td>
        <td valign="top" style="width: 50%; padding-left: 0.0px; padding-right: 0.0px; text-align: center; white-space: nowrap; border-bottom: solid black 1.0pt">
          <p style="font-family: Times New Roman; font-size: 10pt; margin-top: 0px; margin-bottom: 0px">
            <b>N/A</b>
          </p>
        </td>
        <td style="width: 25%">

        </td>
      </tr>
      <tr>
        <td style="width: 25%">

        </td>
        <td valign="top" style="width: 50%; padding-left: 0.0px; padding-right: 0.0px; text-align: center; white-space: nowrap">
          <p style="font-family: Times New Roman; font-size: 10pt; margin-top: 0px; margin-bottom: 0px">
            (Former name or former address, if changed since last report)
          </p>
        </td>
        <td style="width: 25%">

        </td>
      </tr>
    </table>
    </div>
    <p>
      Check the appropriate box below if the Form 8-K filing is intended to
      simultaneously satisfy the filing obligation of the registrant under any
      of the following provisions:
    </p>
    <p>
      <font style="font-family: Arial Unicode MS; font-size: 10pt">&#8414;</font>
      <font style="font-family: Times New Roman; font-size: 10pt">Written
      communications pursuant to Rule 425 under the Securities Act (17 CFR
      230.425)</font><br><font style="font-family: Arial Unicode MS; font-size: 10pt">&#8414;</font>
      <font style="font-family: Times New Roman; font-size: 10pt">Soliciting
      material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
      240.14a-12)</font><br><font style="font-family: Arial Unicode MS; font-size: 10pt">&#8414;</font>
      <font style="font-family: Times New Roman; font-size: 10pt">Pre-commencement
      communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR
      240.14d-2(b))</font><br><font style="font-family: Arial Unicode MS; font-size: 10pt">&#8414;</font>
      <font style="font-family: Times New Roman; font-size: 10pt">Pre-commencement
      communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR
      240.13e-4(c))</font>
    </p>
    <div style="width: 100%; margin-left: 0pt; margin-bottom: 10pt; text-indent: 0pt; margin-right: 0pt">
      <div>
        <div style="text-align: left">

        </div>
      </div>
      <div style="page-break-after: always">
        <div style="font-family: Times New Roman; font-size: 10pt; text-align: center">
          1
        </div>
        <div style="text-align: center">
          <hr style="color: black; height: 1.5pt">

        </div>
      </div>
      <div>
        <div style="text-align: right">

        </div>
      </div>
    </div>
    <p>
      <b>Item 8.01.&#160;&#160;Other Events</b>
    </p>
    <p>
      On November 8, 2010, the Registrant issued a press release providing an
      operations update as of the third quarter of 2010, including financial
      results.&#160;&#160;A copy of the press release is attached hereto as Exhibit 99.1
      and is incorporated herein by reference.
    </p>
    <p>

    </p>
    <p>
      <b>Item 9.01.&#160;&#160;Financial Statements and Exhibits</b>
    </p>
    <p>
      Exhibit 99.1 Press Release dated November 8, 2010
    </p>
    <div style="width: 100%; margin-left: 0pt; margin-bottom: 10pt; text-indent: 0pt; margin-right: 0pt">
      <div>
        <div style="text-align: left">

        </div>
      </div>
      <div style="page-break-after: always">
        <div style="font-family: Times New Roman; font-size: 10pt; text-align: center">
          2
        </div>
        <div style="text-align: center">
          <hr style="color: black; height: 1.5pt">

        </div>
      </div>
      <div>
        <div style="text-align: right">

        </div>
      </div>
    </div>
    <p style="text-align: center">

    </p>
    <p style="text-align: center">
      <font style="font-family: Times New Roman; font-size: 10pt">SIGNATURES</font><br>
    </p>
    <p style="font-family: Times New Roman; font-size: 10pt; text-indent: 30.0px">
      <font style="font-family: Times New Roman; font-size: 10pt">Pursuant to
      the requirements of the Securities Exchange Act of 1934, the Registrant
      has duly caused this report to be signed on its behalf by the
      undersigned thereunto duly authorized.</font>
    </p>
    <p style="font-family: Times New Roman; font-size: 10pt; text-indent: 30.0px">

    </p>
    <div style="text-align:center">
    <table style="font-family: Times New Roman; width: 100%; font-size: 10pt; margin-left:auto;margin-right:auto; margin-bottom: 10.0px" cellspacing="0">
      <tr>
        <td valign="top" style="width: 5%; padding-left: 0.0px; text-align: left">
          &#160;
        </td>
        <td style="width: 45%">

        </td>
        <td colspan="2" valign="top" style="padding-left: 0.0px; text-align: left">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>Uranium Resources, Inc.</b>
          </p>
        </td>
      </tr>
      <tr>
        <td style="width: 5%">

        </td>
        <td style="width: 45%">

        </td>
        <td style="width: 3%">

        </td>
        <td valign="top" style="width: 47%; padding-left: 0.0px; text-align: left">
          &#160;
        </td>
      </tr>
      <tr>
        <td colspan="2" valign="top" style="padding-left: 0.0px; text-align: left; padding-bottom: 2.0px">
          <p style="margin-top: 0px; margin-bottom: 0px">
            Dated: November 9, 2010
          </p>
        </td>
        <td valign="top" style="width: 3%; padding-left: 0.0px; text-align: left; padding-bottom: 2.0px">
          <p style="margin-top: 0px; margin-bottom: 0px">
            By:
          </p>
        </td>
        <td valign="top" style="width: 47%; padding-left: 0.0px; text-align: left; border-bottom: solid black 1.0pt">
          <p style="margin-top: 0px; margin-bottom: 0px">
            /s/ Thomas H. Ehrlich
          </p>
        </td>
      </tr>
      <tr>
        <td style="width: 5%">

        </td>
        <td style="width: 45%">

        </td>
        <td colspan="2" valign="top" style="padding-left: 0.0px; text-align: left">
          <p style="margin-top: 0px; margin-bottom: 0px">
            Thomas H. Ehrlich
          </p>
        </td>
      </tr>
      <tr>
        <td style="width: 5%">

        </td>
        <td style="width: 45%">

        </td>
        <td colspan="2" valign="top" style="padding-left: 0.0px; text-align: left">
          <p style="margin-top: 0px; margin-bottom: 0px">
            Vice President and Chief Financial Officer
          </p>
        </td>
      </tr>
    </table>
    </div>
    <p style="text-align: center">
      3
    </p>
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<DOCUMENT>
<TYPE>EX-99.1
<SEQUENCE>2
<FILENAME>a6501842ex99_1.htm
<DESCRIPTION>EXHIBIT 99.1
<TEXT>
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  <head>
    <title></title>
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    <p style="text-align: right">
      <b>Exhibit 99.1</b>
    </p>
    <p style="text-align: center">
      <font style="font-family: Times New Roman; font-size: 12pt"><b>Uranium
      Resources, Inc. Provides Third Quarter 2010 Update</b></font>
    </p>
    <p>
      LEWISVILLE, Texas--(BUSINESS WIRE)--November 8, 2010--Uranium Resources,
      Inc. (NASDAQ: URRE) (URI), today provided an update on the Company&#8217;s
      activities and announced its financial results for the third quarter of
      2010, which ended September 30, 2010.
    </p>
    <p>
      <b>Recent Highlights</b>
    </p>
    <p style="margin-left: 30.0px">
      <u>Letter of Intent Signed with Industry Leader.</u> On November 4,
      2010, URI announced the signing of a non-binding letter of intent with
      Cameco Resources, a subsidiary of Cameco (NYSE: CCJ), for a large ranch
      in South Texas. The agreement, which is contingent on URI successfully
      completing a lease agreement with the land owners, outlines a
      three-phase exploration program that would be funded by Cameco. There is
      an option for a production joint venture.
    </p>
    <p style="margin-left: 30.0px">
      <u>Liquidity Position Further Strengthened.</u> On November 5, 2010, URI
      successfully completed the second draw down under its existing shelf
      registration statement when it closed its underwritten registered
      offering of 8,222,500 shares of common stock at a price of $1.16 per
      share, including the exercise by the underwriter of an over-allotment
      option, with net proceeds to URI of approximately $9.0 million. The
      Company plans to use the proceeds for general corporate purposes and to
      fund future potential acquisitions.
    </p>
    <p style="margin-left: 30.0px">
      <u>URI Settles Lease Agreement in Texas.</u> On September 29, 2010, URI
      settled a two-year old lawsuit regarding a lease agreement in Texas; and
      as a result, eliminated costly legal fees while enabling discussions on
      additional properties with an estimated 250,000 pounds of in place
      mineralized uranium material.
    </p>
    <p style="margin-left: 30.0px">
      <u>Tenth Circuit Court Ruling Stands.</u> No petitions were filed by the
      deadline to review the June 2010 United States Court of Appeals for the
      10th Circuit en banc ruling that URI&#8217;s Section 8 property in Churchrock,
      New Mexico is not Indian Country, thus affirming the authority of the
      State of New Mexico to issue the underground injection control permit,
      which was granted to URI in 1989.
    </p>
    <p style="margin-left: 30.0px">
      <u>Documents Submitted to NRC to Activate License.</u> In October, URI
      submitted the necessary documents to the U.S. Nuclear Regulatory
      Commission to activate its NRC License. URI is currently awaiting a
      determination from the Commission, and once active, the license may be
      utilized according to its present terms and conditions while pending
      renewal from the NRC.
    </p>
    <p style="margin-left: 30.0px">
      Opponents petitioned the United States Supreme Court for review of the
      March 2010, 10th Circuit Court of Appeals&#8217; ruling that upheld the
      Company&#8217;s NRC license to conduct in-situ recovery (ISR) uranium mining
      at the Churchrock/Crown Point project. The Supreme Court has not yet
      acted on the petition which does not impede the Company&#8217;s progress.
    </p>
    <p style="margin-left: 30.0px">
      <u>Section 13 Drilling Completed.</u><b> </b>URI completed drilling on
      its Section 13 property in Ambrosia Lake in September. Core samples were
      shipped to an outside laboratory for the purpose of determining the
      suitability of the property for ISR mining. Results are expected to be
      completed in December 2010. If the property is not ISR amenable, then it
      will fall into the Company&#8217;s conventional mining portfolio. URI has
      approximately 2.4 million pounds of in-place, mineralized uranium
      material in the Ambrosia Lake district.
    </p>
    <p style="margin-left: 30.0px">
      <u>NASDAQ Listing.</u> URI regained compliance with the $1.00 per share
      minimum bid price requirement for continued listing on the NASDAQ
      Capital Market on October 7, 2010.
    </p>
    <div style="width: 100%; margin-left: 0pt; margin-bottom: 10pt; text-indent: 0pt; margin-right: 0pt">
      <div>
        <div style="text-align: left">

        </div>
      </div>
      <div style="page-break-after: always">
        <div style="text-align: center">

        </div>
        <div style="text-align: center">
          <hr style="color: black; height: 1.5pt">

        </div>
      </div>
      <div>
        <div style="text-align: right">

        </div>
      </div>
    </div>
    <p>
      Don Ewigleben, President and CEO of Uranium Resources, noted, &#8220;The first
      nine months of 2010 have been a dynamic and rewarding time for the
      Company. We have made measurable progress on all fronts, as we have
      continued to deliver on our strategic initiatives. Last week, we
      completed the sale of 8,222,500 shares of common stock which provided
      net proceeds of approximately $9.0 million. As a result, we have further
      strengthened our balance sheet with the requisite capital to fund our
      growth strategy.&#8221;
    </p>
    <p>
      Mr. Ewigleben commented on recent milestones and developments, &#8220;Our
      recent letter of intent with Cameco Resources has significantly enhanced
      our Texas opportunities; and coupled with the settlement of the
      litigation regarding a lease agreement, we are optimally positioned to
      move forward on our Texas strategy. In New Mexico, we are also making
      substantial progress as we completed drilling activity on our Ambrosia
      Lake property and await results by the end of the year. Moreover, no
      petitions were filed by the deadline to review the June 2010, United
      States Court of Appeals for the 10th Circuit ruling that URI&#8217;s New
      Mexico property is not Indian Country, thus affirming the authority of
      the State of New Mexico to issue the underground injection control
      permit.&#8221;
    </p>
    <p>
      Mr. Ewigleben concluded, &#8220;Our 30-plus years in uranium exploration,
      development, and mining operations, our experience as the only uranium
      company with approved restoration of an ISR mining operation in the
      United States and our significant asset base provides us a significant
      advantage in the uranium industry. Strategically, we continue to advance
      our properties toward production as we identify new projects and
      opportunities to grow our asset base, and, importantly, as we establish
      relationships and develop opportunities to continually grow value.&#8221;
    </p>
    <p>
      <b>Liquidity Discussion</b>
    </p>
    <p>
      Cash at September 30, 2010 was $10.5 million compared with $11.4 million
      at the end of the trailing second quarter and $6.1 million at the end of
      2009. The significant increase from the prior year end reflected the
      Company&#8217;s common stock offering in June 2010 and the over-allotment
      option that was exercised in July. Subsequent to the end of the third
      quarter, URI completed another common stock offering, including an
      over-allotment, which resulted in net proceeds of $9.0 million. The cash
      balance as of the close of the offering on November 5, 2010 was $18.8
      million.
    </p>
    <p>
      As previously mentioned, on September 29, 2010, URI settled a Texas land
      lease dispute and agreed to pay the plaintiffs $1.38 million in cash,
      which includes amounts for prior royalties that the plaintiffs had
      previously rejected. The payment of this settlement is subject to
      execution of amendments to the leases and to documentation of other
      aspects of the settlement and dismissal of the suit and is expected to
      be made prior to year end 2010.
    </p>
    <p>
      The Company used $1.9 million in cash in operating activities during the
      third quarter of 2010 compared with $1.3 million and $2.0 million used
      in operations in the second quarter and first quarter of 2010,
      respectively. For the nine-month period of 2010, URI used $5.2 million
      in operations compared with $3.3 million used in operations during the
      corresponding period of 2009.
    </p>
    <div style="width: 100%; margin-left: 0pt; margin-bottom: 10pt; text-indent: 0pt; margin-right: 0pt">
      <div>
        <div style="text-align: left">

        </div>
      </div>
      <div style="page-break-after: always">
        <div style="text-align: center">

        </div>
        <div style="text-align: center">
          <hr style="color: black; height: 1.5pt">

        </div>
      </div>
      <div>
        <div style="text-align: right">

        </div>
      </div>
    </div>
    <p>
      <b>Teleconference and Webcast</b>
    </p>
    <p>
      The Company is hosting a conference call and webcast today at 1:30 p.m.
      ET. During the call, Don Ewigleben, President and Chief Executive
      Officer, will review financial results for the quarter, provide an
      update on URI&#8217;s strategies and outlook, and discuss the recent stock
      offering. A question-and-answer session will follow.
    </p>
    <p>
      The URI conference call can be accessed by dialing (201) 689-8562 and
      entering conference ID number 359643. The live listen-only audio webcast
      can be monitored on the Company&#8217;s Web site at <u>www.uraniumresources.com</u>,
      where it will be archived afterwards. To listen to the archived call,
      dial (858) 384-5517, and enter conference ID number 359643. The replay
      will be available from 4:30 p.m. ET the day of the teleconference until
      11:59 p.m. ET Monday, November 15, 2010.
    </p>
    <p>
      A transcript will also be placed on the Company&#8217;s Web site, once
      available.
    </p>
    <p>
      <b>About Uranium Resources, Inc.</b>
    </p>
    <p>
      Uranium Resources Inc. explores for, develops and mines uranium. Since
      its incorporation in 1977, URI has produced over 8 million pounds of
      uranium by in-situ recovery (ISR) methods in the state of Texas where
      the Company currently has ISR mining projects. URI also has 183,000
      acres of uranium mineral holdings and 101.4 million pounds of in-place
      mineralized uranium material in New Mexico and a NRC license to produce
      up to 1 million pounds of uranium per year. The Company acquired these
      properties over the past 20 years along with an extensive information
      database of historic mining logs and analysis. None of URI&#8217;s properties
      are currently in production.
    </p>
    <p>
      URI&#8217;s strategy is to fully exploit its resource base in New Mexico and
      Texas, expand its asset base both within and outside of New Mexico and
      Texas, partner with larger mining companies that have undeveloped
      uranium or with junior mining companies that do not have the mining
      experience of URI, as well as provide restoration expertise to those
      that require the capability or lack the proficiency.
    </p>
    <p>
      Uranium Resources routinely posts news and other information about the
      Company on its web site at <u>www.uraniumresources.com</u>.
    </p>
    <p>
      <b>Safe Harbor Statement</b>
    </p>
    <p>
      This press release contains forward-looking statements within the
      meaning of the Private Securities Litigation Reform Act of 1995.
      Forward-looking statements are subject to risks, uncertainties and
      assumptions and are identified by words such as &#8220;expects,&#8221; &#8220;estimates,&#8221;
      &#8220;projects,&#8221; &#8220;anticipates,&#8221; &#8220;believes,&#8221; &#8220;could,&#8221; and other similar words.
      All statements addressing operating performance, events, or developments
      that the Company expects or anticipates will occur in the future,
      including but not limited to statements relating to the Company&#8217;s
      mineralized uranium materials, timing of receipt of mining permits,
      production capacity of mining operations planned for properties in South
      Texas and New Mexico, planned dates for commencement of production at
      such properties, revenue, cash generation and profits are
      forward-looking statements. Because they are forward-looking, they
      should be evaluated in light of important risk factors and
      uncertainties. These risk factors and uncertainties include, but are not
      limited to, the spot price and long-term contract price of uranium,
      weather conditions, operating conditions at the Company&#8217;s mining
      projects, government regulation of the mining industry and the nuclear
      power industry, world-wide uranium supply and demand, availability of
      capital, timely receipt of mining and other permits from regulatory
      agents and other factors which are more fully described in the Company&#8217;s
      documents filed with the Securities and Exchange Commission. Should one
      or more of these risks or uncertainties materialize, or should any of
      the Company&#8217;s underlying assumptions prove incorrect, actual results may
      vary materially from those currently anticipated. In addition, undue
      reliance should not be placed on the Company&#8217;s forward-looking
      statements. Except as required by law, the Company disclaims any
      obligation to update or publicly announce any revisions to any of the
      forward-looking statements contained in this press release.
    </p>
    <div style="width: 100%; margin-left: 0pt; margin-bottom: 10pt; text-indent: 0pt; margin-right: 0pt">
      <div>
        <div style="text-align: left">

        </div>
      </div>
      <div style="page-break-after: always">
        <div style="text-align: center">

        </div>
        <div style="text-align: center">
          <hr style="color: black; height: 1.5pt">

        </div>
      </div>
      <div>
        <div style="text-align: right">

        </div>
      </div>
    </div>
<div style="text-align:left">
    <table style="font-family: Times New Roman; width: 100%; font-size: 8pt; margin-bottom: 10.0px" cellspacing="0">
      <tr>
        <td colspan="9" valign="top" style="padding-left: 0.0px; text-align: center">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>URANIUM RESOURCES, INC.<br>CONDENSED CONSOLIDATED BALANCE SHEETS<br>(Unaudited)</b>
          </p>
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>
          &#160;
        </td>
        <td colspan="3">

        </td>
        <td>
          &#160;
        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-left: 0.0px; text-align: left; padding-bottom: 2.0px">

        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: center; padding-bottom: 2.0px">

        </td>
        <td colspan="3" valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: center; white-space: nowrap; border-bottom: solid black 1.0pt">
          <b>September 30,</b><br><b>2010</b>
        </td>
        <td>

        </td>
        <td colspan="2" valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: center; white-space: nowrap; border-bottom: solid black 1.0pt">
          <b>December 31,</b><br><b>2009</b>
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: center; padding-bottom: 2.0px">

        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-left: 0.0px; text-align: left">
          Current assets:
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: left">

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="2" valign="bottom" style="padding-left: 0.0px; text-align: right">

        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: left">

        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-left: 10.0px; text-align: left">
          Cash and cash equivalents
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: left">

        </td>
        <td valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: right; white-space: nowrap">
          $
        </td>
        <td valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: right; white-space: nowrap">
          10,505,189
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: right; white-space: nowrap">
          $
        </td>
        <td valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: right; white-space: nowrap">
          6,092,068
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: left">

        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-left: 10.0px; text-align: left">
          Receivables, net
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: left">

        </td>
        <td colspan="2" valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: right; white-space: nowrap">
          4,602
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: right; white-space: nowrap">
          63,890
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: left">

        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-left: 10.0px; text-align: left; padding-bottom: 2.0px">
          Prepaid and other current assets
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: left; padding-bottom: 2.0px">

        </td>
        <td colspan="2" valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: right; white-space: nowrap; border-bottom: solid black 1.0pt">
          283,277
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td colspan="2" valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: right; white-space: nowrap; border-bottom: solid black 1.0pt">
          125,400
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: left; padding-bottom: 2.0px">

        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-left: 15.0px; text-align: left; padding-bottom: 2.0px">
          Total current assets
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: left; padding-bottom: 2.0px">

        </td>
        <td colspan="2" valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: right; white-space: nowrap; border-bottom: solid black 1.0pt">
          10,793,068
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td colspan="2" valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: right; white-space: nowrap; border-bottom: solid black 1.0pt">
          6,281,358
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: left; padding-bottom: 2.0px">

        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-left: 0.0px; text-align: left">

        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: left">

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="2" valign="bottom" style="padding-left: 0.0px; text-align: right">

        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: left">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-left: 0.0px; text-align: left">
          Property, plant and equipment, at cost:
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: left">

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="2" valign="bottom" style="padding-left: 0.0px; text-align: right">

        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: left">

        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-left: 10.0px; text-align: left">
          Uranium properties
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: left">

        </td>
        <td colspan="2" valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: right; white-space: nowrap">
          81,722,252
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: right; white-space: nowrap">
          82,212,719
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: left">

        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-left: 10.0px; text-align: left">
          Other property, plant and equipment
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: left">

        </td>
        <td colspan="2" valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: right; white-space: nowrap">
          948,687
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: right; white-space: nowrap">
          886,992
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: left">

        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-left: 10.0px; text-align: left; padding-bottom: 2.0px">
          Less-accumulated depreciation, depletion and impairment
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: left; padding-bottom: 2.0px">

        </td>
        <td colspan="2" valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: right; white-space: nowrap; border-bottom: solid black 1.0pt">
          (64,106,430
        </td>
        <td valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: left; white-space: nowrap; border-bottom: solid black 1.0pt">
          )
        </td>
        <td>

        </td>
        <td colspan="2" valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: right; white-space: nowrap; border-bottom: solid black 1.0pt">
          (64,155,311
        </td>
        <td valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: left; padding-bottom: 2.0px; white-space: nowrap">
          )
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-left: 15.0px; text-align: left">
          Net property, plant and equipment
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: left">

        </td>
        <td colspan="2" valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: right; white-space: nowrap">
          18,564,509
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: right; white-space: nowrap">
          18,944,400
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: left">

        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-left: 0.0px; text-align: left">

        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: left">

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="2" valign="bottom" style="padding-left: 0.0px; text-align: right">

        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: left">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-left: 0.0px; text-align: left">
          Long-term investment:
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: left">

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="2" valign="bottom" style="padding-left: 0.0px; text-align: right">

        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: left">

        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-left: 15.0px; text-align: left; padding-bottom: 2.0px">
          Certificates of deposit, restricted
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: left; padding-bottom: 2.0px">

        </td>
        <td colspan="2" valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: right; white-space: nowrap; border-bottom: solid black 1.0pt">
          6,827,795
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td colspan="2" valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: right; white-space: nowrap; border-bottom: solid black 1.0pt">
          6,786,000
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: left; padding-bottom: 2.0px">

        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-left: 0.0px; text-align: left; padding-bottom: 4.0px">

        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: left; padding-bottom: 4.0px">

        </td>
        <td valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: right; white-space: nowrap; border-bottom: double black 2.25pt">
          $
        </td>
        <td valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: right; white-space: nowrap; border-bottom: double black 2.25pt">
          36,185,372
        </td>
        <td style="border-bottom: double black 2.25pt">
          &#160;
        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: right; white-space: nowrap; border-bottom: double black 2.25pt">
          $
        </td>
        <td valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: right; white-space: nowrap; border-bottom: double black 2.25pt">
          32,011,758
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: left; padding-bottom: 4.0px">

        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-left: 0.0px; text-align: left">
          Current liabilities:
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: left">

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="2" valign="bottom" style="padding-left: 0.0px; text-align: right">

        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: left">

        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-left: 10.0px; text-align: left">
          Accounts and short term notes payable
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: left">

        </td>
        <td valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: right; white-space: nowrap">
          $
        </td>
        <td valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: right; white-space: nowrap">
          566,226
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: right; white-space: nowrap">
          $
        </td>
        <td valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: right; white-space: nowrap">
          641,727
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: left">

        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-left: 10.0px; text-align: left">
          Current portion of restoration reserve
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: left">

        </td>
        <td colspan="2" valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: right; white-space: nowrap">
          1,251,984
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: right; white-space: nowrap">
          1,236,588
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: left">

        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-left: 10.0px; text-align: left">
          Royalties and commissions payable
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: left">

        </td>
        <td colspan="2" valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: right; white-space: nowrap">
          665,745
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: right; white-space: nowrap">
          693,303
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: left">

        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-left: 10.0px; text-align: left">
          Deferred compensation
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: left">

        </td>
        <td colspan="2" valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: right; white-space: nowrap">
          697,028
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: right; white-space: nowrap">
          <p style="margin-top: 0px; margin-bottom: 0px">
            -
          </p>
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: left">

        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-left: 10.0px; text-align: left">
          Accrued legal settlement
        </td>
        <td>

        </td>
        <td colspan="2" valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: right; white-space: nowrap">
          1,375,000
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: right; white-space: nowrap">
          <p style="margin-top: 0px; margin-bottom: 0px">
            -
          </p>
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-left: 10.0px; text-align: left">
          Accrued interest and other accrued liabilities
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: left">

        </td>
        <td colspan="2" valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: right; white-space: nowrap">
          398,485
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: right; white-space: nowrap">
          321,235
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: left">

        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-left: 10.0px; text-align: left; padding-bottom: 2.0px">
          Current portion of capital leases
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: left; padding-bottom: 2.0px">

        </td>
        <td colspan="2" valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: right; white-space: nowrap; border-bottom: solid black 1.0pt">
          90,740
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td colspan="2" valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: right; white-space: nowrap; border-bottom: solid black 1.0pt">
          112,559
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: left; padding-bottom: 2.0px">

        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-left: 15.0px; text-align: left; padding-bottom: 2.0px">
          Total current liabilities
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: left; padding-bottom: 2.0px">

        </td>
        <td colspan="2" valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: right; white-space: nowrap; border-bottom: solid black 1.0pt">
          5,045,208
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td colspan="2" valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: right; white-space: nowrap; border-bottom: solid black 1.0pt">
          3,005,412
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: left; padding-bottom: 2.0px">

        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-left: 0.0px; text-align: left">

        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: left">

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="2" valign="bottom" style="padding-left: 0.0px; text-align: right">

        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: left">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-left: 0.0px; text-align: left">
          Other long-term liabilities and deferred credits
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: left">

        </td>
        <td colspan="2" valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: right; white-space: nowrap">
          4,423,625
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: right; white-space: nowrap">
          5,487,389
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: left">

        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-left: 0.0px; text-align: left">

        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: left">

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="2" valign="bottom" style="padding-left: 0.0px; text-align: right">

        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: left">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-left: 0.0px; text-align: left">
          Long term capital leases, less current portion
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: left">

        </td>
        <td colspan="2" valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: right; white-space: nowrap">
          139,322
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: right; white-space: nowrap">
          207,922
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: left">

        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-left: 0.0px; text-align: left">
          Long-term debt, less current portion
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: left">

        </td>
        <td colspan="2" valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: right; white-space: nowrap">
          450,000
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: right; white-space: nowrap">
          450,000
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: left">

        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-left: 0.0px; text-align: left">
          Commitments and contingencies (Notes 5 and 12)
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: left">

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="2" valign="bottom" style="padding-left: 0.0px; text-align: right">

        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: left">

        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-left: 0.0px; text-align: left">
          Shareholders&#8217; equity:
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: left">

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="2" valign="bottom" style="padding-left: 0.0px; text-align: right">

        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: left">

        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-left: 10.0px; text-align: left">
          Common stock, $.001 par value, shares authorized: 200,000,000;
          shares issued and outstanding (net of treasury shares):
          2010&#8212;84,264,256; 2009&#8212;56,781,792
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: left">

        </td>
        <td colspan="2" valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: right; white-space: nowrap">
          <p style="margin-top: 0px; margin-bottom: 0px">
            84,265
          </p>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: right; white-space: nowrap">
          56,820
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: left">

        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-left: 10.0px; text-align: left">
          Paid-in capital
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: left">

        </td>
        <td colspan="2" valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: right; white-space: nowrap">
          158,809,128
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: right; white-space: nowrap">
          147,837,204
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: left">

        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-left: 10.0px; text-align: left">
          Accumulated deficit
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: left">

        </td>
        <td colspan="2" valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: right; white-space: nowrap">
          (132,756,758
        </td>
        <td valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: left; white-space: nowrap">
          )
        </td>
        <td>

        </td>
        <td colspan="2" valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: right; white-space: nowrap">
          (125,023,571
        </td>
        <td valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: left; white-space: nowrap">
          )
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-left: 10.0px; text-align: left; padding-bottom: 2.0px">
          Less: Treasury stock (38,125 shares), at cost
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: left; padding-bottom: 2.0px">

        </td>
        <td colspan="2" valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: right; white-space: nowrap; border-bottom: solid black 1.0pt">
          (9,418
        </td>
        <td valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: left; white-space: nowrap; border-bottom: solid black 1.0pt">
          )
        </td>
        <td>

        </td>
        <td colspan="2" valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: right; white-space: nowrap; border-bottom: solid black 1.0pt">
          (9,418
        </td>
        <td valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: left; padding-bottom: 2.0px; white-space: nowrap">
          )
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-left: 15.0px; text-align: left; padding-bottom: 2.0px">
          Total shareholders&#8217; equity
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: left; padding-bottom: 2.0px">

        </td>
        <td colspan="2" valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: right; white-space: nowrap; border-bottom: solid black 1.0pt">
          26,127,217
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td colspan="2" valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: right; white-space: nowrap; border-bottom: solid black 1.0pt">
          22,861,035
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: left; padding-bottom: 2.0px">

        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-left: 0.0px; text-align: left; padding-bottom: 4.0px">

        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: left; padding-bottom: 4.0px">

        </td>
        <td valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: right; white-space: nowrap; border-bottom: double black 2.25pt">
          $
        </td>
        <td valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: right; white-space: nowrap; border-bottom: double black 2.25pt">
          36,185,372
        </td>
        <td style="border-bottom: double black 2.25pt">
          &#160;
        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: right; white-space: nowrap; border-bottom: double black 2.25pt">
          $
        </td>
        <td valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: right; white-space: nowrap; border-bottom: double black 2.25pt">
          32,011,758
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: left; padding-bottom: 4.0px">

        </td>
      </tr>
    </table>
    </div>
    <div style="width: 100%; margin-left: 0pt; margin-bottom: 10pt; text-indent: 0pt; margin-right: 0pt">
      <div>
        <div style="text-align: left">

        </div>
      </div>
      <div style="page-break-after: always">
        <div style="text-align: center">

        </div>
        <div style="text-align: center">
          <hr style="color: black; height: 1.5pt">

        </div>
      </div>
      <div>
        <div style="text-align: right">

        </div>
      </div>
    </div>
<div style="text-align:left">
    <table style="font-family: Times New Roman; width: 100%; font-size: 8pt; margin-bottom: 10.0px" cellspacing="0">
      <tr>
        <td colspan="17" valign="top" style="padding-left: 0.0px; text-align: center">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>URANIUM RESOURCES, INC.</b>
          </p>
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS</b>
          </p>
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>(Unaudited)</b>
          </p>
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>
          &#160;
        </td>
        <td colspan="7">

        </td>
        <td>
          &#160;
        </td>
        <td colspan="7">

        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-left: 0.0px; text-align: left; padding-bottom: 2.0px">

        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: center; padding-bottom: 2.0px">

        </td>
        <td colspan="7" valign="bottom" style="padding-left: 0.0px; text-align: center; border-bottom: solid black 1.0pt">
          <b>Three Months Ended</b><br><b>September 30,</b>
        </td>
        <td>

        </td>
        <td colspan="7" valign="bottom" style="padding-left: 0.0px; text-align: center; border-bottom: solid black 1.0pt">
          <b>Nine months Ended</b><br><b>September 30,</b>
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-left: 0.0px; text-align: left; padding-bottom: 2.0px">

        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: center; padding-bottom: 2.0px">

        </td>
        <td colspan="3" valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: center; white-space: nowrap; border-bottom: solid black 1.0pt">
          <b>2010</b>
        </td>
        <td>
          &#160;
        </td>
        <td colspan="3" valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: center; white-space: nowrap; border-bottom: solid black 1.0pt">
          <b>2009</b>
        </td>
        <td>

        </td>
        <td colspan="3" valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: center; white-space: nowrap; border-bottom: solid black 1.0pt">
          <b>2010</b>
        </td>
        <td>
          &#160;
        </td>
        <td colspan="3" valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: center; white-space: nowrap; border-bottom: solid black 1.0pt">
          <b>2009</b>
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-left: 0.0px; text-align: left">
          Revenues:
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: left">

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-left: 10.0px; text-align: left; padding-bottom: 2.0px">
          Uranium sales
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: left; padding-bottom: 2.0px">

        </td>
        <td valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: right; white-space: nowrap; border-bottom: solid black 1.0pt">
          $
        </td>
        <td valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: right; white-space: nowrap; border-bottom: solid black 1.0pt">
          <p style="margin-top: 0px; margin-bottom: 0px">
            -
          </p>
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: right; white-space: nowrap; border-bottom: solid black 1.0pt">
          $
        </td>
        <td valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: right; white-space: nowrap; border-bottom: solid black 1.0pt">
          1,406,782
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: right; white-space: nowrap; border-bottom: solid black 1.0pt">
          $
        </td>
        <td valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: right; white-space: nowrap; border-bottom: solid black 1.0pt">
          <p style="margin-top: 0px; margin-bottom: 0px">
            -
          </p>
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: right; white-space: nowrap; border-bottom: solid black 1.0pt">
          $
        </td>
        <td valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: right; white-space: nowrap; border-bottom: solid black 1.0pt">
          4,616,145
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-left: 25.0px; text-align: left">
          Total revenue
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: left">

        </td>
        <td colspan="2" valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: right; white-space: nowrap">
          <p style="margin-top: 0px; margin-bottom: 0px">
            -
          </p>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: right; white-space: nowrap">
          1,406,782
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: right; white-space: nowrap">
          <p style="margin-top: 0px; margin-bottom: 0px">
            -
          </p>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: right; white-space: nowrap">
          4,616,145
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-left: 0.0px; text-align: left">
          Costs and expenses:
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: left">

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-left: 10.0px; text-align: left">
          Cost of uranium sales
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: left">

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-left: 15.0px; text-align: left">
          Royalties and commissions
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: left">

        </td>
        <td colspan="2" valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: right; white-space: nowrap">
          <p style="margin-top: 0px; margin-bottom: 0px">
            -
          </p>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: right; white-space: nowrap">
          143,319
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: right; white-space: nowrap">
          <p style="margin-top: 0px; margin-bottom: 0px">
            -
          </p>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: right; white-space: nowrap">
          448,971
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-left: 15.0px; text-align: left">
          Operating expenses
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: left">

        </td>
        <td colspan="2" valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: right; white-space: nowrap">
          67,260
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: right; white-space: nowrap">
          886,313
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: right; white-space: nowrap">
          297,570
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: right; white-space: nowrap">
          2,519,015
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-left: 15.0px; text-align: left">
          Accretion/amortization of restoration reserve
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: left">

        </td>
        <td colspan="2" valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: right; white-space: nowrap">
          39,143
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: right; white-space: nowrap">
          (3,818
        </td>
        <td valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: left; white-space: nowrap">
          )
        </td>
        <td>

        </td>
        <td colspan="2" valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: right; white-space: nowrap">
          116,431
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: right; white-space: nowrap">
          254,390
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-left: 15.0px; text-align: left">
          Depreciation and depletion
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: left">

        </td>
        <td colspan="2" valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: right; white-space: nowrap">
          186,603
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: right; white-space: nowrap">
          474,207
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: right; white-space: nowrap">
          576,449
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: right; white-space: nowrap">
          887,470
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-left: 15.0px; text-align: left">
          Impairment of uranium properties
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: left">

        </td>
        <td colspan="2" valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: right; white-space: nowrap">
          352,631
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: right; white-space: nowrap">
          400,231
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: right; white-space: nowrap">
          742,278
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: right; white-space: nowrap">
          1,815,220
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-left: 15.0px; text-align: left; padding-bottom: 2.0px">
          Exploration expenses
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: left; padding-bottom: 2.0px">

        </td>
        <td colspan="2" valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: right; white-space: nowrap; border-bottom: solid black 1.0pt">
          <p style="margin-top: 0px; margin-bottom: 0px">
            -
          </p>
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td colspan="2" valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: right; white-space: nowrap; border-bottom: solid black 1.0pt">
          34,929
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td colspan="2" valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: right; white-space: nowrap; border-bottom: solid black 1.0pt">
          725
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td colspan="2" valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: right; white-space: nowrap; border-bottom: solid black 1.0pt">
          39,752
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-left: 25.0px; text-align: left; padding-bottom: 2.0px">
          Total cost of uranium sales
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: left; padding-bottom: 2.0px">

        </td>
        <td colspan="2" valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: right; white-space: nowrap; border-bottom: solid black 1.0pt">
          645,637
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td colspan="2" valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: right; white-space: nowrap; border-bottom: solid black 1.0pt">
          1,935,181
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td colspan="2" valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: right; white-space: nowrap; border-bottom: solid black 1.0pt">
          1,733,453
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td colspan="2" valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: right; white-space: nowrap; border-bottom: solid black 1.0pt">
          5,964,818
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-left: 10.0px; text-align: left">
          Loss from operations before corporate expenses
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: left">

        </td>
        <td colspan="2" valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: right; white-space: nowrap">
          (645,637
        </td>
        <td valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: left; white-space: nowrap">
          )
        </td>
        <td>

        </td>
        <td colspan="2" valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: right; white-space: nowrap">
          (528,399
        </td>
        <td valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: left; white-space: nowrap">
          )
        </td>
        <td>

        </td>
        <td colspan="2" valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: right; white-space: nowrap">
          (1,733,453
        </td>
        <td valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: left; white-space: nowrap">
          )
        </td>
        <td>

        </td>
        <td colspan="2" valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: right; white-space: nowrap">
          (1,348,673
        </td>
        <td valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: left; white-space: nowrap">
          )
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-left: 0.0px; text-align: left">

        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: left">

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-left: 10.0px; text-align: left">
          Corporate expenses
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: left">

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-left: 15.0px; text-align: left">
          General and administrative
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: left">

        </td>
        <td colspan="2" valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: right; white-space: nowrap">
          1,674,030
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: right; white-space: nowrap">
          1,989,331
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: right; white-space: nowrap">
          4,852,642
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: right; white-space: nowrap">
          5,009,593
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-left: 15.0px; text-align: left">
          Provision for legal settlement
        </td>
        <td>

        </td>
        <td colspan="2" valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: right; white-space: nowrap">
          1,375,000
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: right; white-space: nowrap">
          <p style="margin-top: 0px; margin-bottom: 0px">
            -
          </p>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: right; white-space: nowrap">
          1,375,000
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: right; white-space: nowrap">
          <p style="margin-top: 0px; margin-bottom: 0px">
            -
          </p>
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-left: 15.0px; text-align: left; padding-bottom: 2.0px">
          Depreciation
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: left; padding-bottom: 2.0px">

        </td>
        <td colspan="2" valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: right; white-space: nowrap; border-bottom: solid black 1.0pt">
          36,331
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td colspan="2" valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: right; white-space: nowrap; border-bottom: solid black 1.0pt">
          35,792
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td colspan="2" valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: right; white-space: nowrap; border-bottom: solid black 1.0pt">
          107,581
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td colspan="2" valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: right; white-space: nowrap; border-bottom: solid black 1.0pt">
          107,680
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-left: 25.0px; text-align: left; padding-bottom: 2.0px">
          Total corporate expenses
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: left; padding-bottom: 2.0px">

        </td>
        <td colspan="2" valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: right; white-space: nowrap; border-bottom: solid black 1.0pt">
          3,085,361
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td colspan="2" valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: right; white-space: nowrap; border-bottom: solid black 1.0pt">
          2,025,123
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td colspan="2" valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: right; white-space: nowrap; border-bottom: solid black 1.0pt">
          6,335,223
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td colspan="2" valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: right; white-space: nowrap; border-bottom: solid black 1.0pt">
          5,117,273
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-left: 0.0px; text-align: left">
          Loss from operations
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: left">

        </td>
        <td colspan="2" valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: right; white-space: nowrap">
          (3,730,998
        </td>
        <td valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: left; white-space: nowrap">
          )
        </td>
        <td>

        </td>
        <td colspan="2" valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: right; white-space: nowrap">
          (2,553,522
        </td>
        <td valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: left; white-space: nowrap">
          )
        </td>
        <td>

        </td>
        <td colspan="2" valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: right; white-space: nowrap">
          (8,068,676
        </td>
        <td valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: left; white-space: nowrap">
          )
        </td>
        <td>

        </td>
        <td colspan="2" valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: right; white-space: nowrap">
          (6,465,946
        </td>
        <td valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: left; white-space: nowrap">
          )
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-left: 0.0px; text-align: left">

        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: left">

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-left: 0.0px; text-align: left">
          Other income (expense):
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: left">

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-left: 10.0px; text-align: left">
          Interest expense
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: left">

        </td>
        <td colspan="2" valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: right; white-space: nowrap">
          (7,597
        </td>
        <td valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: left; white-space: nowrap">
          )
        </td>
        <td>

        </td>
        <td colspan="2" valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: right; white-space: nowrap">
          (10,119
        </td>
        <td valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: left; white-space: nowrap">
          )
        </td>
        <td>

        </td>
        <td colspan="2" valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: right; white-space: nowrap">
          (18,430
        </td>
        <td valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: left; white-space: nowrap">
          )
        </td>
        <td>

        </td>
        <td colspan="2" valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: right; white-space: nowrap">
          (31,722
        </td>
        <td valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: left; white-space: nowrap">
          )
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-left: 10.0px; text-align: left; padding-bottom: 2.0px">
          Interest and other income, net
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: left; padding-bottom: 2.0px">

        </td>
        <td colspan="2" valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: right; white-space: nowrap; border-bottom: solid black 1.0pt">
          74,114
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td colspan="2" valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: right; white-space: nowrap; border-bottom: solid black 1.0pt">
          39,053
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td colspan="2" valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: right; white-space: nowrap; border-bottom: solid black 1.0pt">
          353,919
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td colspan="2" valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: right; white-space: nowrap; border-bottom: solid black 1.0pt">
          153,508
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-left: 0.0px; text-align: left">

        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: left">

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-left: 10.0px; text-align: left; padding-bottom: 4.0px">
          Net loss
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: left; padding-bottom: 4.0px">

        </td>
        <td valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: right; white-space: nowrap; border-bottom: double black 2.25pt">
          $
        </td>
        <td valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: right; white-space: nowrap; border-bottom: double black 2.25pt">
          (3,664,481
        </td>
        <td valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: left; white-space: nowrap; border-bottom: double black 2.25pt">
          )
        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: right; white-space: nowrap; border-bottom: double black 2.25pt">
          $
        </td>
        <td valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: right; white-space: nowrap; border-bottom: double black 2.25pt">
          (2,524,588
        </td>
        <td valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: left; white-space: nowrap; border-bottom: double black 2.25pt">
          )
        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: right; white-space: nowrap; border-bottom: double black 2.25pt">
          $
        </td>
        <td valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: right; white-space: nowrap; border-bottom: double black 2.25pt">
          (7,733,187
        </td>
        <td valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: left; white-space: nowrap; border-bottom: double black 2.25pt">
          )
        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: right; white-space: nowrap; border-bottom: double black 2.25pt">
          $
        </td>
        <td valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: right; white-space: nowrap; border-bottom: double black 2.25pt">
          (6,344,160
        </td>
        <td valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: left; white-space: nowrap; border-bottom: double black 2.25pt">
          )
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-left: 0.0px; text-align: left">

        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: left">

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-left: 0.0px; text-align: left">
          Net loss per common share:
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: left">

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-left: 10.0px; text-align: left; padding-bottom: 4.0px">
          Basic
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: left; padding-bottom: 4.0px">

        </td>
        <td valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: right; white-space: nowrap; border-bottom: double black 2.25pt">
          $
        </td>
        <td valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: right; white-space: nowrap; border-bottom: double black 2.25pt">
          (0.04
        </td>
        <td valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: left; white-space: nowrap; border-bottom: double black 2.25pt">
          )
        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: right; white-space: nowrap; border-bottom: double black 2.25pt">
          $
        </td>
        <td valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: right; white-space: nowrap; border-bottom: double black 2.25pt">
          (0.04
        </td>
        <td valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: left; white-space: nowrap; border-bottom: double black 2.25pt">
          )
        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: right; white-space: nowrap; border-bottom: double black 2.25pt">
          $
        </td>
        <td valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: right; white-space: nowrap; border-bottom: double black 2.25pt">
          (0.12
        </td>
        <td valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: left; white-space: nowrap; border-bottom: double black 2.25pt">
          )
        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: right; white-space: nowrap; border-bottom: double black 2.25pt">
          $
        </td>
        <td valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: right; white-space: nowrap; border-bottom: double black 2.25pt">
          (0.11
        </td>
        <td valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: left; white-space: nowrap; border-bottom: double black 2.25pt">
          )
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-left: 10.0px; text-align: left; padding-bottom: 4.0px">
          Diluted
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: left; padding-bottom: 4.0px">

        </td>
        <td valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: right; white-space: nowrap; border-bottom: double black 2.25pt">
          $
        </td>
        <td valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: right; white-space: nowrap; border-bottom: double black 2.25pt">
          (0.04
        </td>
        <td valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: left; white-space: nowrap; border-bottom: double black 2.25pt">
          )
        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: right; white-space: nowrap; border-bottom: double black 2.25pt">
          $
        </td>
        <td valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: right; white-space: nowrap; border-bottom: double black 2.25pt">
          (0.04
        </td>
        <td valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: left; white-space: nowrap; border-bottom: double black 2.25pt">
          )
        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: right; white-space: nowrap; border-bottom: double black 2.25pt">
          $
        </td>
        <td valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: right; white-space: nowrap; border-bottom: double black 2.25pt">
          (0.12
        </td>
        <td valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: left; white-space: nowrap; border-bottom: double black 2.25pt">
          )
        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: right; white-space: nowrap; border-bottom: double black 2.25pt">
          $
        </td>
        <td valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: right; white-space: nowrap; border-bottom: double black 2.25pt">
          (0.11
        </td>
        <td valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: left; white-space: nowrap; border-bottom: double black 2.25pt">
          )
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-left: 0.0px; text-align: left">

        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: left">

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-left: 0.0px; text-align: left">
          Weighted average common shares and common equivalent shares:
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: left">

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-left: 10.0px; text-align: left; padding-bottom: 4.0px">
          Basic
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: left; padding-bottom: 4.0px">

        </td>
        <td colspan="2" valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: right; white-space: nowrap; border-bottom: double black 2.25pt">
          83,720,754
        </td>
        <td style="border-bottom: double black 2.25pt">
          &#160;
        </td>
        <td>

        </td>
        <td colspan="2" valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: right; white-space: nowrap; border-bottom: double black 2.25pt">
          56,453,076
        </td>
        <td style="border-bottom: double black 2.25pt">
          &#160;
        </td>
        <td>

        </td>
        <td colspan="2" valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: right; white-space: nowrap; border-bottom: double black 2.25pt">
          66,558,635
        </td>
        <td style="border-bottom: double black 2.25pt">
          &#160;
        </td>
        <td>

        </td>
        <td colspan="2" valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: right; white-space: nowrap; border-bottom: double black 2.25pt">
          56,267,755
        </td>
        <td style="border-bottom: double black 2.25pt">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-left: 10.0px; text-align: left; padding-bottom: 4.0px">
          Diluted
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: left; padding-bottom: 4.0px">

        </td>
        <td colspan="2" valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: right; white-space: nowrap; border-bottom: double black 2.25pt">
          83,720,754
        </td>
        <td style="border-bottom: double black 2.25pt">
          &#160;
        </td>
        <td>

        </td>
        <td colspan="2" valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: right; white-space: nowrap; border-bottom: double black 2.25pt">
          56,453,076
        </td>
        <td style="border-bottom: double black 2.25pt">
          &#160;
        </td>
        <td>

        </td>
        <td colspan="2" valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: right; white-space: nowrap; border-bottom: double black 2.25pt">
          66,558,635
        </td>
        <td style="border-bottom: double black 2.25pt">
          &#160;
        </td>
        <td>

        </td>
        <td colspan="2" valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: right; white-space: nowrap; border-bottom: double black 2.25pt">
          56,267,755
        </td>
        <td style="border-bottom: double black 2.25pt">
          &#160;
        </td>
      </tr>
    </table>
    </div>
    <div style="width: 100%; margin-left: 0pt; margin-bottom: 10pt; text-indent: 0pt; margin-right: 0pt">
      <div>
        <div style="text-align: left">

        </div>
      </div>
      <div style="page-break-after: always">
        <div style="text-align: center">

        </div>
        <div style="text-align: center">
          <hr style="color: black; height: 1.5pt">

        </div>
      </div>
      <div>
        <div style="text-align: right">

        </div>
      </div>
    </div>
<div style="text-align:left">
    <table style="font-family: Times New Roman; width: 100%; font-size: 8pt; margin-bottom: 10.0px" cellspacing="0">
      <tr>
        <td colspan="9" valign="top" style="padding-left: 0.0px; text-align: center">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>URANIUM RESOURCES, INC.</b>
          </p>
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS</b>
          </p>
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>(Unaudited)</b>
          </p>
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>
          &#160;
        </td>
        <td colspan="7">

        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-left: 0.0px; text-align: left; padding-bottom: 2.0px">

        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: center; padding-bottom: 2.0px">

        </td>
        <td colspan="7" valign="bottom" style="padding-left: 0.0px; text-align: center; border-bottom: solid black 1.0pt">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>Nine months Ended</b><br><b>September 30,</b>
          </p>
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-left: 0.0px; text-align: left; padding-bottom: 2.0px">

        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: center; padding-bottom: 2.0px">

        </td>
        <td colspan="3" valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: center; white-space: nowrap; border-bottom: solid black 1.0pt">
          <b>2010</b>
        </td>
        <td>
          &#160;
        </td>
        <td colspan="3" valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: center; white-space: nowrap; border-bottom: solid black 1.0pt">
          <b>2009</b>
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-left: 0.0px; text-align: left">
          Net loss
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: left">

        </td>
        <td valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: right; white-space: nowrap">
          $
        </td>
        <td valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: right; white-space: nowrap">
          (7,733,187
        </td>
        <td valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: left; white-space: nowrap">
          )
        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: right; white-space: nowrap">
          $
        </td>
        <td valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: right; white-space: nowrap">
          (6,344,160
        </td>
        <td valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: left; white-space: nowrap">
          )
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-left: 0.0px; text-align: left">
          Reconciliation of net loss to cash used in operations&#8212;
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: left">

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-left: 15.0px; text-align: left">
          Accretion/amortization of restoration reserve
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: left">

        </td>
        <td colspan="2" valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: right; white-space: nowrap">
          116,431
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: right; white-space: nowrap">
          254,390
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-left: 15.0px; text-align: left">
          Depreciation and depletion
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: left">

        </td>
        <td colspan="2" valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: right; white-space: nowrap">
          684,030
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: right; white-space: nowrap">
          995,150
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-left: 15.0px; text-align: left">
          Impairment of uranium properties
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: left">

        </td>
        <td colspan="2" valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: right; white-space: nowrap">
          742,278
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: right; white-space: nowrap">
          1,815,220
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-left: 15.0px; text-align: left">
          Decrease in restoration and reclamation accrual
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: left">

        </td>
        <td colspan="2" valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: right; white-space: nowrap">
          (1,072,148
        </td>
        <td valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: left; white-space: nowrap">
          )
        </td>
        <td>

        </td>
        <td colspan="2" valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: right; white-space: nowrap">
          (1,487,541
        </td>
        <td valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: left; white-space: nowrap">
          )
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-left: 15.0px; text-align: left">
          Stock compensation expense
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: left">

        </td>
        <td colspan="2" valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: right; white-space: nowrap">
          795,743
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: right; white-space: nowrap">
          960,811
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-left: 15.0px; text-align: left">
          Other non-cash items, net
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: left">

        </td>
        <td colspan="2" valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: right; white-space: nowrap">
          14,858
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: right; white-space: nowrap">
          2,132
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-left: 0.0px; text-align: left">

        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: left">

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-left: 0.0px; text-align: left">
          Effect of changes in operating working capital items&#8212;
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: left">

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-left: 10.0px; text-align: left">
          Increase (decrease) in receivables
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: left">

        </td>
        <td colspan="2" valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: right; white-space: nowrap">
          59,288
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: right; white-space: nowrap">
          (323,878
        </td>
        <td valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: left; white-space: nowrap">
          )
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-left: 10.0px; text-align: left">
          Decrease in inventories
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: left">

        </td>
        <td colspan="2" valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: right; white-space: nowrap">
          <p style="margin-top: 0px; margin-bottom: 0px">
            -
          </p>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: right; white-space: nowrap">
          1,010,845
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-left: 10.0px; text-align: left">
          (Increase) decrease in prepaid and other current assets
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: left">

        </td>
        <td colspan="2" valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: right; white-space: nowrap">
          (157,877
        </td>
        <td valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: left; white-space: nowrap">
          )
        </td>
        <td>

        </td>
        <td colspan="2" valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: right; white-space: nowrap">
          299,355
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-left: 10.0px; text-align: left; padding-bottom: 2.0px">
          Increase (decrease) in payables, accrued liabilities and deferred
          credits
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: left; padding-bottom: 2.0px">

        </td>
        <td colspan="2" valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: right; white-space: nowrap; border-bottom: solid black 1.0pt">
          1,349,191
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td colspan="2" valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: right; white-space: nowrap; border-bottom: solid black 1.0pt">
          (439,413
        </td>
        <td valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: left; white-space: nowrap; border-bottom: solid black 1.0pt">
          )
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-left: 0.0px; text-align: left">
          Net cash used in operating activities
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: left">

        </td>
        <td colspan="2" valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: right; white-space: nowrap">
          (5,201,393
        </td>
        <td valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: left; white-space: nowrap">
          )
        </td>
        <td>

        </td>
        <td colspan="2" valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: right; white-space: nowrap">
          (3,257,089
        </td>
        <td valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: left; white-space: nowrap">
          )
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-left: 0.0px; text-align: left">

        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: left">

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-left: 0.0px; text-align: left">
          Investing activities:
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: left">

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-left: 10.0px; text-align: left">
          Increase in certificates of deposit, restricted
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: left">

        </td>
        <td colspan="2" valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: right; white-space: nowrap">
          (41,795
        </td>
        <td valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: left; white-space: nowrap">
          )
        </td>
        <td>

        </td>
        <td colspan="2" valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: right; white-space: nowrap">
          (120,826
        </td>
        <td valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: left; white-space: nowrap">
          )
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-left: 10.0px; text-align: left">
          Additions to property, plant and equipment&#8212;
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: left">

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-left: 15.0px; text-align: left">
          Kingsville Dome
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: left">

        </td>
        <td colspan="2" valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: right; white-space: nowrap">
          (143,324
        </td>
        <td valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: left; white-space: nowrap">
          )
        </td>
        <td>

        </td>
        <td colspan="2" valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: right; white-space: nowrap">
          (109,524
        </td>
        <td valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: left; white-space: nowrap">
          )
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-left: 15.0px; text-align: left">
          Vasquez
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: left">

        </td>
        <td colspan="2" valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: right; white-space: nowrap">
          (7,500
        </td>
        <td valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: left; white-space: nowrap">
          )
        </td>
        <td>

        </td>
        <td colspan="2" valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: right; white-space: nowrap">
          (99,578
        </td>
        <td valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: left; white-space: nowrap">
          )
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-left: 15.0px; text-align: left">
          Rosita
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: left">

        </td>
        <td colspan="2" valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: right; white-space: nowrap">
          (63,852
        </td>
        <td valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: left; white-space: nowrap">
          )
        </td>
        <td>

        </td>
        <td colspan="2" valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: right; white-space: nowrap">
          (31,759
        </td>
        <td valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: left; white-space: nowrap">
          )
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-left: 15.0px; text-align: left">
          Churchrock
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: left">

        </td>
        <td colspan="2" valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: right; white-space: nowrap">
          (125,543
        </td>
        <td valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: left; white-space: nowrap">
          )
        </td>
        <td>

        </td>
        <td colspan="2" valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: right; white-space: nowrap">
          (107,626
        </td>
        <td valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: left; white-space: nowrap">
          )
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-left: 15.0px; text-align: left">
          Section 13 Drilling
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: left">

        </td>
        <td colspan="2" valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: right; white-space: nowrap">
          (89,882
        </td>
        <td valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: left; white-space: nowrap">
          )
        </td>
        <td>

        </td>
        <td colspan="2" valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: right; white-space: nowrap">
          <p style="margin-top: 0px; margin-bottom: 0px">
            -
          </p>
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-left: 15.0px; text-align: left; padding-bottom: 2.0px">
          Other property
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: left; padding-bottom: 2.0px">

        </td>
        <td colspan="2" valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: right; white-space: nowrap; border-bottom: solid black 1.0pt">
          (26,797
        </td>
        <td valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: left; white-space: nowrap; border-bottom: solid black 1.0pt">
          )
        </td>
        <td>

        </td>
        <td colspan="2" valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: right; white-space: nowrap; border-bottom: solid black 1.0pt">
          (38,482
        </td>
        <td valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: left; white-space: nowrap; border-bottom: solid black 1.0pt">
          )
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-left: 0.0px; text-align: left">
          Net cash used in investing activities
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: left">

        </td>
        <td colspan="2" valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: right; white-space: nowrap">
          (498,693
        </td>
        <td valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: left; white-space: nowrap">
          )
        </td>
        <td>

        </td>
        <td colspan="2" valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: right; white-space: nowrap">
          (507,795
        </td>
        <td valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: left; white-space: nowrap">
          )
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-left: 0.0px; text-align: left">

        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: left">

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-left: 0.0px; text-align: left">
          Financing activities:
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: left">

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-left: 10.0px; text-align: left">
          Issuance of common stock, net
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: left">

        </td>
        <td colspan="2" valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: right; white-space: nowrap">
          10,203,626
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: right; white-space: nowrap">
          <p style="margin-top: 0px; margin-bottom: 0px">
            -
          </p>
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-left: 10.0px; text-align: left; padding-bottom: 2.0px">
          Payments on borrowings
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: left; padding-bottom: 2.0px">

        </td>
        <td colspan="2" valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: right; white-space: nowrap; border-bottom: solid black 1.0pt">
          (90,419
        </td>
        <td valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: left; white-space: nowrap; border-bottom: solid black 1.0pt">
          )
        </td>
        <td>

        </td>
        <td colspan="2" valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: right; white-space: nowrap; border-bottom: solid black 1.0pt">
          (122,478
        </td>
        <td valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: left; white-space: nowrap; border-bottom: solid black 1.0pt">
          )
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-left: 0.0px; text-align: left; padding-bottom: 2.0px">
          Net cash provided by (used in) financing activities
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: left; padding-bottom: 2.0px">

        </td>
        <td colspan="2" valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: right; white-space: nowrap; border-bottom: solid black 1.0pt">
          10,113,207
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td colspan="2" valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: right; white-space: nowrap; border-bottom: solid black 1.0pt">
          (122,478
        </td>
        <td valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: left; white-space: nowrap; border-bottom: solid black 1.0pt">
          )
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-left: 0.0px; text-align: left">
          Net increase (decrease) in cash and cash equivalents
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: left">

        </td>
        <td colspan="2" valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: right; white-space: nowrap">
          4,413,121
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: right; white-space: nowrap">
          (3,887,362
        </td>
        <td valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: left; white-space: nowrap">
          )
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-left: 0.0px; text-align: left; padding-bottom: 2.0px">
          Cash and cash equivalents, beginning of period
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: left; padding-bottom: 2.0px">

        </td>
        <td colspan="2" valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: right; white-space: nowrap; border-bottom: solid black 1.0pt">
          6,092,068
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td colspan="2" valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: right; white-space: nowrap; border-bottom: solid black 1.0pt">
          12,041,592
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-left: 0.0px; text-align: left; padding-bottom: 4.0px">
          Cash and cash equivalents, end of period
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: left; padding-bottom: 4.0px">

        </td>
        <td valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: right; white-space: nowrap; border-bottom: double black 2.25pt">
          $
        </td>
        <td valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: right; white-space: nowrap; border-bottom: double black 2.25pt">
          10,505,189
        </td>
        <td style="border-bottom: double black 2.25pt">
          &#160;
        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: right; white-space: nowrap; border-bottom: double black 2.25pt">
          $
        </td>
        <td valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: right; white-space: nowrap; border-bottom: double black 2.25pt">
          8,154,230
        </td>
        <td style="border-bottom: double black 2.25pt">
          &#160;
        </td>
      </tr>
    </table>
    </div>
    <p>

    </p>
    <p>
      CONTACT:<br><b>Investors:</b><br>Kei Advisors LLC<br>Deborah K.
      Pawlowski, 716-843-3908<br><u>dpawlowski@keiadvisors.com</u><br>or<br><b>Media:</b><br>Uranium
      Resources, Inc.<br>April Wade, 505-440-9441<br><u>awade@uraniumresources.com</u><br>or<br><b>Company:</b><br>Uranium
      Resources, Inc.<br>Don Ewigleben, 972-219-3330<br>President &amp; Chief
      Executive Officer<br>
    </p>
    <p>

    </p>
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</SEC-DOCUMENT>
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