<SEC-DOCUMENT>0001157523-12-001640.txt : 20120330
<SEC-HEADER>0001157523-12-001640.hdr.sgml : 20120330
<ACCEPTANCE-DATETIME>20120330165327
ACCESSION NUMBER:		0001157523-12-001640
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		5
CONFORMED PERIOD OF REPORT:	20120330
ITEM INFORMATION:		Regulation FD Disclosure
ITEM INFORMATION:		Other Events
ITEM INFORMATION:		Financial Statements and Exhibits
FILED AS OF DATE:		20120330
DATE AS OF CHANGE:		20120330

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:		12729980

	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>
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<DESCRIPTION>URANIUM RESOURCES, INC. 8-K
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<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">CURRENT REPORT</font></div>

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<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">Pursuant to Section&#160;13 or 15(d) of the Securities Exchange Act of 1934</font></div>

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<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Date of Report (Date of Earliest Event Reported):</font></div>
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<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">March 30, 2012</font></div>
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<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">(Exact name of registrant as specified in its charter)</font></font></div>
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<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">405 State Highway 121 Bypass,</font></div>

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<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Former name or former address, if changed since last report</font></font></div>
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<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt"><font style="DISPLAY: inline;" face="Wingdings">x</font>&#160;Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)</font></div>

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<font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">Item 7.01&#160;&#160;&#160;&#160;Regulation FD Disclosure.</font></div>

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<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">On March 30, 2012, Uranium Resources, Inc., a Delaware corporation (&#8220;URI&#8221;) is hereby furnishing a copy of a Letter to Shareholders from Neutron Energy, Inc., relating to the execution of a definitive merger agreement on March 1, 2012, by and among URI, URI Merger Corporation, a Nevada corporation and wholly-owned subsidiary of URI (&#8220;Merger Sub&#8221;), and&#160;&#160;Neutron Energy, Inc., a Nevada corporation (&#8220;Neutron&#8221;) under which Merger Sub will be merged with and into Neutron, with Neutron continuing as the surviving corporation and becoming a wholly-owned subsidiary of URI.</font></div>

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<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: -7.2pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">The Letter to Shareholders was mailed to Neutron&#8217;s shareholders as part of Neutron&#8217;s regular communications with its shareholders, not at the request of URI, and is attached as Exhibit 99.1 hereto.&#160;&#160;URI undertakes no obligation to update, supplement or amend the materials attached as Exhibit 99.1.</font></div>

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<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">In accordance with General Instruction B.2 of Form 8-K, the information in this Section 7.01 of this Current Report on Form 8-K shall not be deemed &#8220;filed&#8221; for the purpose of Section 18 of the Securities Exchange Act of 1934, nor shall it be deemed incorporated by reference in any filing.</font></div>

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<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">Item 8.01&#160;&#160;&#160;&#160;Other Events.</font></div>

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<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">To the extent required, the information included in Item 7.01 of this Form 8-K is hereby incorporated by reference into this Item 8.01.</font></div>

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<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; 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></div>

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<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt"><font style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt"><font style="FONT-STYLE: italic; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">9000 E. Nichols Ave., Suite 225</font></font></div>

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<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">March 30, 2012</font></div>

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<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">To our Shareholders:</font></div>

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<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">Uranium Resources, Inc. (&#8220;URI&#8221;) and Neutron Energy, Inc. (&#8220;Neutron&#8221;) entered into a merger agreement on March 1, 2012 (the &#8220;Merger Agreement&#8221;), whereby URI will acquire all the outstanding shares of Neutron in exchange for 3.8 million shares of URI common stock (the &#8220;Merger&#8221;).&#160;&#160;The Merger Agreement was unanimously approved by the Board of Directors of Neutron.&#160;&#160;Neutron&#8217;s major shareholders, representing approximately 44% of Neutron&#8217;s issued and outstanding capital stock, have agreed to vote in favor of the Merger.&#160;&#160;Execution of the Merger Agreement was announced by a URI Press Release issued on March 1, 2012. A copy of the Press Release announcing the entry into the Merger Agreement is attached and can also be found on URI&#8217;s website at <font style="DISPLAY: inline; TEXT-DECORATION: underline">www.uraniumresources.com</font>.</font></div>

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<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">Neutron&#8217;s senior secured loan facility with RMB Australia Holdings Limited (&#8220;RMB&#8221;) was originally due December 31, 2010, and we were successful in obtaining an extension to June 30, 2011, and another extension to December 31, 2011.&#160;&#160;Neutron owed RMB $26.7 million in outstanding principal and interest as of December 31, 2011, and RMB holds a lien on substantially all of our assets to secure the loan. Following the Fukushima nuclear disaster, our efforts to undertake an initial public offering (the &#8220;IPO&#8221;) to fund Neutron and repay the outstanding RMB loan were unsuccessful.&#160;&#160;The poor market conditions for uranium companies led us to pursue other transactions, which were unsuccessful. We then pursued a merger transaction with URI with the goals of paying off the RMB loan while attempting to preserve some value for our shareholders.</font></div>

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<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">In order to enter into a Merger Agreement with URI a four way agreement was reached between Neutron, URI, RMB and Resource Capital Fund V L.P. (&#8220;RCF&#8221;), a private natural resource investment fund.&#160;&#160;Upon the closing of the Merger, RCF will purchase $20 million of URI&#8217;s common stock which will then be used to partially repay the loan.&#160;&#160;RMB will convert the balance of the outstanding loan into shares of URI common stock. The Merger Agreement and related transaction documents call for URI to issue 37 million shares of its common stock as follows: 3.8 million shares to Neutron&#8217;s shareholders, 24.6 million shares to RCF, 8.4 million shares to RMB and 0.2 million shares to satisfy an obligation of Neutron to a third party.&#160;&#160;Neutron has 59,632,712 shares outstanding.</font></div>

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<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">&#160;Sincerely,</font></div>

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<div>&#160;</div>

<div>
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<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">This communication does not constitute an offer to sell or the solicitation of an offer to buy any securities, or a solicitation of any vote, consent or approval.&#160;&#160;There will not be any offer, solicitation or sale of securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction.&#160;&#160;No offering of securities shall be made except by means of a prospectus meeting the requirements of Section&#160;10 of the Securities Act of 1933, as amended.</font></div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">Additional Information and Where to Find It</font></div>

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<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">The Merger will be submitted to each of URI and Neutron&#8217;s shareholders for approval.&#160;&#160;In connection with the Merger, URI intends to file a registration statement on Form S-4, which will include a joint proxy statement/prospectus, and other relevant documents with the SEC.&#160;&#160;The proxy statement/prospectus will contain important information about URI, Neutron, the Merger and related matters.&#160;&#160;URI will mail or otherwise deliver the proxy statement/prospectus to its shareholders and the shareholders of Neutron when it becomes available.&#160;&#160;<font style="DISPLAY: inline; FONT-WEIGHT: bold">INVESTORS AND NEUTRON SHAREHOLDERS ARE URGED TO READ THE REGISTRATION STATEMENT AND JOINT PROXY STATEMENT/PROSPECTUS, AS WELL AS ANY AMENDMENTS OR SUPPLEMENTS THERETO, AND ANY OTHER RELEVANT DOCUMENTS CAREFULLY IN THEIR ENTIRETY WHEN THEY BECOME AVAILABLE BECAUSE THEY WILL CONTAIN IMPORTANT INFORMATION ABOUT URI, NEUTRON, THE MERGER AND OTHER RELATED MATTERS.&#160;&#160;</font>Investors and Neutron shareholders will be able to obtain these materials (when they become available) and other documents filed with the SEC free of charge at the SEC&#8217;s website (<font style="DISPLAY: inline; TEXT-DECORATION: underline">http://www.sec.gov</font>).&#160;&#160;In addition, these materials (when they become available) will also be available free of charge by accessing URI&#8217;s website (<font style="DISPLAY: inline; TEXT-DECORATION: underline">www.uraniumresources.com</font>).&#160;&#160;Investors and Neutron shareholders may also read and copy any reports, statements and other information filed by URI with the SEC at the SEC public reference room at 100 F Street, N.E., Washington, D.C. 20549.&#160;&#160;Please call the SEC at 1-800-SEC-0330 or visit the SEC&#8217;s website for further information on its public reference room.</font></div>

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<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt"><font style="DISPLAY: inline; FONT-WEIGHT: bold">Cautionary Note Regarding Forward-Looking Statements</font></font></div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">This communication contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995.&#160;&#160;Forward-looking statements include, among other things, statements regarding the intent, belief or expectations of Neutron and can be identified by the use of words such as &#8220;may,&#8221; &#8220;will,&#8221; &#8220;should,&#8221; &#8220;would,&#8221; &#8220;assume,&#8221; &#8220;outlook,&#8221; &#8220;seek,&#8221; &#8220;plan,&#8221; &#8220;believe,&#8221; &#8220;expect,&#8221; &#8220;anticipate,&#8221; &#8220;intend,&#8221; &#8220;estimate,&#8221; &#8220;forecast,&#8221; and other comparable terms.&#160;&#160;These forward-looking statements include, but are not limited to, statements regarding the benefits of the Merger and the other transactions contemplated by the Merger, integration plans, anticipated future financial and operating performance and results, and the expected timing of completion of the Merger.&#160;&#160;These statements are based on the current expectations of the management of Neutron.&#160;&#160;It is important to note that actual results could be materially different from those projected in such forward-looking statements.&#160;&#160;There are a number of risks and uncertainties that could cause actual results to differ materially from the forward-looking statements, including: (1)&#160;failure to obtain Neutron or URI shareholder approval, (2)&#160;failure of URI and its shareholders to recognize the expected benefits of the Merger, (3)&#160;failure to obtain regulatory approvals, if any, necessary to consummate the Merger or to obtain such regulatory approvals on favorable terms, (4) delays in consummating the Merger or the failure to consummate the Merger, and (5)&#160;exceeding the expected costs of the Merger.&#160;&#160;Other unknown or unpredictable factors could also have material adverse effects on future results, performance or achievements of the combined company.&#160;&#160;Discussions of some of these other important factors and assumptions are contained in URI&#8217;s filings with the SEC and are available at the SEC&#8217;s website at <font style="DISPLAY: inline; TEXT-DECORATION: underline">http://www.sec.gov</font>.&#160;&#160;These risks, as well as other risks associated with the Merger, will be more fully discussed in the joint proxy statement/prospectus that will be included in the registration statement on Form S-4 that URI will file with the SEC in connection with the Merger and the other transactions contemplated thereby.&#160;&#160;Neutron cannot provide any assurance that the Merger or any of the transactions related thereto will be completed, nor can it give assurances as to the terms on which such transactions will be consummated.&#160;&#160;Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this communication.&#160;&#160;Except as required by law, Neutron disclaims any obligation to update or publicly announce any revisions to any of the forward-looking statements contained in this communication.</font></div>
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<DOCUMENT>
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`
end
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<DOCUMENT>
<TYPE>GRAPHIC
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<TEXT>
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end
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
