<SEC-DOCUMENT>0001157523-12-004957.txt : 20120926
<SEC-HEADER>0001157523-12-004957.hdr.sgml : 20120926
<ACCEPTANCE-DATETIME>20120926160201
ACCESSION NUMBER:		0001157523-12-004957
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		2
CONFORMED PERIOD OF REPORT:	20120920
ITEM INFORMATION:		Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers
ITEM INFORMATION:		Other Events
ITEM INFORMATION:		Financial Statements and Exhibits
FILED AS OF DATE:		20120926
DATE AS OF CHANGE:		20120926

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:		121111129

	BUSINESS ADDRESS:	
		STREET 1:		405 STATE HIGHWAY BYPASS 121
		STREET 2:		BUILDING A, SUITE 110
		CITY:			LEWISVILLE
		STATE:			TX
		ZIP:			75067
		BUSINESS PHONE:		9722193330

	MAIL ADDRESS:	
		STREET 1:		405 STATE HIGHWAY BYPASS 121
		STREET 2:		BUILDING A, SUITE 110
		CITY:			LEWISVILLE
		STATE:			TX
		ZIP:			75067
</SEC-HEADER>
<DOCUMENT>
<TYPE>8-K
<SEQUENCE>1
<FILENAME>a50421665.htm
<DESCRIPTION>URANIUM RESOURCES, INC. 8-K
<TEXT>
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      <font style="font-size: 14pt">UNITED STATES</font><font style="font-size: 14pt"><br style="font-size: 14pt"></font><font style="font-size: 14pt">SECURITIES
      AND EXCHANGE COMMISSION</font><font style="font-size: 12pt"><br style="font-size: 12pt"></font><font style="font-size: 10pt">WASHINGTON,
      D.C. 20549</font><br><font style="font-size: 16pt"><br style="font-size: 16pt"></font><font style="font-size: 18pt; font-family: Times New Roman"><b>FORM
      8-K</b></font><br><br><font style="font-size: 12pt; font-family: Times New Roman">CURRENT
      REPORT</font><br><font style="font-size: 12pt"><br style="font-size: 12pt"></font><font style="font-size: 10pt; font-family: Times New Roman">Pursuant
      to Section 13 or 15(d) of the Securities Exchange Act of 1934</font>
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            Date of Report (Date of Earliest Event Reported):
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            <font style="font-size: 10pt; font-family: Times New Roman"><b>&#160;</b></font><font style="font-size: 10pt; font-family: Times New Roman">September
            20, 2012</font>
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          &#160;
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          <p style="font-family: Times New Roman; font-size: 10pt">
            <font style="font-size: 24pt; font-family: Times New Roman">Uranium
            Resources, Inc.</font>
          </p>
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            (Exact name of registrant as specified in its charter)
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          <p style="margin-top: 0px; margin-bottom: 0px">
            Delaware
          </p>
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          &#160;
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        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; width: 30%; text-align: center">
          <p style="margin-top: 0px; margin-bottom: 0px">
            0-17171
          </p>
        </td>
        <td valign="top" style="padding-left: 0.0px; width: 5%; text-align: left">
          &#160;
        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; width: 30%; text-align: center">
          <p style="margin-top: 0px; margin-bottom: 0px">
            75-2212772
          </p>
        </td>
      </tr>
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        <td style="width: 30%; border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="width: 5%">

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          &#160;
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        <td style="width: 5%">

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          &#160;
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            (State or other jurisdiction<br>of incorporation)
          </p>
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        </td>
        <td valign="top" style="padding-left: 0.0px; width: 30%; text-align: center">
          <p style="margin-top: 0px; margin-bottom: 0px">
            (Commission<br>File Number)
          </p>
        </td>
        <td style="width: 5%">

        </td>
        <td valign="top" style="padding-left: 0.0px; width: 30%; text-align: center">
          <p style="margin-top: 0px; margin-bottom: 0px">
            (I.R.S. Employer<br>Identification No.)
          </p>
        </td>
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    <table cellspacing="0" style="font-family: Times New Roman; font-size: 10pt; margin-bottom: 10.0px; width: 100%; margin-left:auto;margin-right:auto">
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          <p style="margin-top: 0px; margin-bottom: 0px">
            405 State Highway 121 Bypass,<br>Building A, Suite 110 Lewisville,
            TX
          </p>
        </td>
        <td valign="top" style="padding-left: 0.0px; width: 45%; text-align: left">
          &#160;
        </td>
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          <p style="margin-top: 0px; margin-bottom: 0px">
            75067
          </p>
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          &#160;
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        <td style="width: 45%">

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          &#160;
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          <p style="margin-top: 0px; margin-bottom: 0px">
            (Address of principal executive offices)
          </p>
        </td>
        <td style="width: 45%">

        </td>
        <td valign="bottom" style="padding-left: 0.0px; width: 20%; text-align: center">
          <p style="margin-top: 0px; margin-bottom: 0px">
            (Zip Code)
          </p>
        </td>
      </tr>
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          <p style="margin-top: 0px; margin-bottom: 0px">
            Registrant&#8217;s telephone number, including area code:
          </p>
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          &#160;
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        <td valign="top" style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; width: 20%; text-align: center">
          <p style="margin-top: 0px; margin-bottom: 0px">
            (972) 219-3330
          </p>
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          &#160;
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            Not Applicable
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          &#160;
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        <td valign="top" style="padding-left: 0.0px; width: 50%; text-align: center">
          <p style="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>

    </p>
    <p style="text-align: center">
      Check the appropriate box below if the Form 8-K filing is intended to
      simultaneously satisfy the filing obligation<br>of the registrant under
      any of the following provisions:
    </p>
    <p style="text-align: center">

    </p>
    <p>
      <font style="font-size: 10pt; font-family: Arial Unicode MS">&#8414;</font>
      <font style="font-size: 10pt; font-family: Times New Roman">Written
      communications pursuant to Rule 425 under the Securities Act (17 CFR
      230.425)</font><br><font style="font-size: 10pt; font-family: Arial Unicode MS">&#8414;</font>
      <font style="font-size: 10pt; font-family: Times New Roman">Soliciting
      material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
      240.14a-12)</font><br><font style="font-size: 10pt; font-family: Arial Unicode MS">&#8414;</font>
      <font style="font-size: 10pt; font-family: Times New Roman">Pre-commencement
      communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR
      240.14d-2(b))</font><br><font style="font-size: 10pt; font-family: Arial Unicode MS">&#8414;</font>
      <font style="font-size: 10pt; font-family: Times New Roman">Pre-commencement
      communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR
      240.13e-4(c))</font><br>
    </p>
    <div style="margin-right: 0pt; margin-bottom: 10pt; width: 100%; margin-left: 0pt; text-indent: 0pt">
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        <div style="text-align: center">

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          <hr style="height: 1.5pt; color: black">

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

        </div>
      </div>
    </div>
    <p>
      <b>Item 5.02 &#160;&#160; Departure of Directors or Certain Officers; Election of
      Directors; Appointment of Certain Officers; Compensatory Arrangements of
      Certain Officers.</b>
    </p>
    <p>
      (b) Effective September 28, 2012, Donald C. Ewigleben resigned as
      President, Chief Executive Officer, Chief Operating Officer and Director
      of Uranium Resources, Inc. (&#8220;URI&#8221; or the &#8220;Company&#8221;).
    </p>
    <p>
      (c) and (e) Effective September 28, 2012, Terence J. Cryan was appointed
      Interim President and Chief Executive Officer of the Company.&#160;&#160;
    </p>
    <p>
      Mr. Cryan has served as a director of the Company since October 2006.
      Mr. Cryan has over twenty-five years of experience in international
      business as an investment banker in the United States and Europe. In
      2001, Mr. Cryan co-founded and presently serves as the Managing Director
      of Concert Energy Partners, an investment banking and private equity
      firm based in New York City. Prior to that, Mr. Cryan was a Senior
      Managing Director in the Investment Banking Division at Bear Stearns.
      Earlier in his career, Mr. Cryan was a Managing Director, Energy and
      Natural Resources Group Head and member of the Investment Banking
      Operating Committee at Paine Webber. Mr. Cryan joined Paine Webber
      following its acquisition of Kidder, Peabody in 1994. From 2007 to 2010,
      Mr. Cryan also served as President and CEO of Medical Acoustics LLC. Mr.
      Cryan has also been an adjunct professor at the Metropolitan College of
      New York Graduate School of Business and is a frequent lecturer at
      finance and energy and natural resources industry gatherings. Mr. Cryan
      holds a Master of Science degree in Economics from the London School of
      Economics and a B.A. from Tufts University. Mr. Cryan has served on the
      board of directors of Global Power Equipment Corp. Inc. since February
      2008, has served on the board of directors of Gryphon Gold Corporation
      since August 2009 and was on the board of directors of The Providence
      Service Corporation from May 2009 to May 2011.&#160;&#160;
    </p>
    <p>
      The Company will compensate Mr. Cryan at $1,500 per day/$7,500 per week
      during his service as Interim President and Chief Executive
      Officer.&#160;&#160;The Company will also grant Mr. Cryan 50,000 shares of
      Restricted Stock under the Company&#8217;s Amended and Restated 2004 Directors
      Stock Option and Restricted Stock Plan (the &#8220;Plan&#8221;), with 50% of the
      restricted shares vesting immediately and 50% vesting upon the hiring by
      the Company of a new permanent President and Chief Executive Officer,
      and an Option to purchase 200,000 shares of the Company&#8217;s common stock
      under the Plan, with 25% of the option shares vesting on the 6-month
      anniversary of the grant, 25% on the 12-month anniversary of the grant,
      25% on the 18-month anniversary of the grant and 25% on the 24-month
      anniversary of the grant.&#160;&#160;
    </p>
    <p>
      A copy of the press release, dated September 20, 2012, announcing the
      resignation of Mr. Ewigleben and appointment of Mr. Cryan is furnished
      as Exhibit 99.1 hereto.
    </p>
    <p>
      <b>Item 8.01 &#160;&#160;&#160;Other Events. </b>
    </p>
    <p>
      On September 20, 2012, URI issued a press release announcing the
      resignation of Donald C. Ewigleben as President, Chief Executive
      Officer, Chief Operating Officer and Director of the Company, effective
      September 28, 2012, and the appointment of Terence J. Cryan as the
      Company&#8217;s Interim President and Chief Executive Officer.&#160;&#160;A copy of that
      press release is furnished as Exhibit 99.1 hereto.
    </p>
    <p style="white-space: nowrap">
      <b>Item 9.01 &#160;&#160;&#160;Financial Statements and Exhibits</b>
    </p>
    <p style="white-space: nowrap">
      (d) &#160;&#160;&#160;&#160;&#160;<i>Exhibits</i>
    </p>
    <p style="white-space: nowrap">
      <i>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</i>Exhibit
      99.1:&#160;&#160;&#160;&#160;&#160;&#160;&#160;Press Release dated September 20, 2012
    </p>
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          <hr style="height: 1.5pt; color: black">

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        </div>
      </div>
    </div>
    <p>

    </p>
    <p style="text-align: left">
      <font style="font-size: 10pt; font-family: Times New Roman"><b>SIGNATURES</b></font><br>
    </p>
    <p style="font-family: Times New Roman; font-size: 10pt; text-indent: 30.0px">
      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.
    </p>
    <div style="text-align:center">
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        </td>
        <td style="width: 30%">

        </td>
        <td style="width: 20%">
          &#160;
        </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: 6%">

        </td>
        <td style="width: 30%">

        </td>
        <td style="width: 20%">

        </td>
        <td valign="top" style="padding-left: 0.0px; width: 4%; text-align: left">

        </td>
        <td style="width: 40%">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-bottom: 2.0px; padding-left: 0.0px; width: 6%; text-align: left">
          <p style="margin-top: 0px; margin-bottom: 0px">
            Dated:
          </p>
        </td>
        <td valign="top" style="padding-bottom: 2.0px; padding-left: 0.0px; width: 30%; text-align: left">
          <p style="margin-top: 0px; margin-bottom: 0px">
            September 26, 2012
          </p>
        </td>
        <td style="width: 20%">

        </td>
        <td valign="top" style="padding-bottom: 2.0px; padding-left: 0.0px; width: 4%; text-align: left">
          <p style="margin-top: 0px; margin-bottom: 0px">
            By:
          </p>
        </td>
        <td valign="top" style="padding-left: 0.0px; width: 40%; 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: 6%">

        </td>
        <td style="width: 30%">

        </td>
        <td style="width: 20%">

        </td>
        <td valign="top" style="padding-left: 0.0px; width: 4%; text-align: left">
          <p style="margin-top: 0px; margin-bottom: 0px">
            &#160;
          </p>
        </td>
        <td valign="top" style="padding-left: 0.0px; width: 40%; text-align: left">
          <p style="margin-top: 0px; margin-bottom: 0px">
            Name: Thomas H. Ehrlich
          </p>
        </td>
      </tr>
      <tr>
        <td style="width: 6%">

        </td>
        <td style="width: 30%">

        </td>
        <td style="width: 20%">

        </td>
        <td valign="top" style="padding-left: 0.0px; width: 4%; text-align: left">
          <p style="margin-top: 0px; margin-bottom: 0px">
            &#160;
          </p>
        </td>
        <td valign="top" style="padding-left: 0.0px; width: 40%; text-align: left">
          <p style="margin-top: 0px; margin-bottom: 0px">
            Title: Vice President and Chief Financial Officer
          </p>
        </td>
      </tr>
    </table>
    </div>
    <div style="margin-right: 0pt; margin-bottom: 10pt; width: 100%; margin-left: 0pt; text-indent: 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="height: 1.5pt; color: black">

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

        </div>
      </div>
    </div>
    <p style="text-align: left; margin-left: 150.0px">

    </p>
    <p style="text-align: center">
      <b>Exhibit&#160;Index</b>
    </p>
<div style="text-align:left">
    <table cellspacing="0" style="font-family: Times New Roman; font-size: 10pt; margin-bottom: 10.0px; width: 100%">
      <tr>
        <td valign="bottom" style="padding-left: 0.0px; width: 12%; text-align: left">

        </td>
        <td valign="bottom" style="padding-left: 0.0px; width: 2%; text-align: left">
          &#160;
        </td>
        <td valign="bottom" style="padding-left: 0.0px; width: 86%; text-align: left">

        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-left: 0.0px; width: 12%; text-align: left">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>Exhibit</b><br><b>Number</b>
          </p>
        </td>
        <td valign="bottom" style="padding-left: 0.0px; width: 2%; text-align: left">

        </td>
        <td valign="bottom" style="padding-left: 0.0px; width: 86%; text-align: left">
          <b>Description</b>
        </td>
      </tr>
      <tr>
        <td style="width: 12%">

        </td>
        <td style="width: 2%">

        </td>
        <td style="width: 86%">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-left: 0.0px; width: 12%; text-align: left">
          <p style="text-align: justify">
            Exhibit 99.1:
          </p>
        </td>
        <td style="width: 2%">

        </td>
        <td valign="top" style="padding-left: 0.0px; width: 86%; text-align: left">
          <p style="text-align: justify">
            Press Release dated September 20, 2012
          </p>
        </td>
      </tr>
    </table>
    </div>
    <p style="text-align: justify">

    </p>
    <p style="text-align: left">

    </p>
    <p style="text-align: left">

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<TYPE>EX-99.1
<SEQUENCE>2
<FILENAME>a50421665-ex991.htm
<DESCRIPTION>EXHIBIT 99.1
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    <p style="text-align: right">
      <b>Exhibit 99.1</b>
    </p>
    <p style="text-align: center">
      <font style="font-size: 12pt; font-family: Times New Roman"><b>Uranium
      Resources Announces Resignation of Chief Executive Officer</b></font>
    </p>
    <p>
      LEWISVILLE, Texas--(BUSINESS WIRE)--September 20, 2012--Uranium
      Resources, Inc. (NASDAQ: URRE) (URI), announced today that its
      President, Chief Executive Officer, Chief Operating Officer and
      Director, Donald C. Ewigleben, tendered his resignation effective
      September 28, 2012, to pursue other opportunities.
    </p>
    <p>
      The Board of Directors has named current Board member Terence J. Cryan
      as Interim President and CEO. The Board will immediately begin a search
      for a replacement CEO.
    </p>
    <p>
      Paul K. Willmott, Chairman of the Board, commented, &#8220;We believe URI is
      well positioned as a leading uranium development company in the U.S.
      While we are addressing near-term challenges, we have strong confidence
      in the Company&#8217;s future given our extremely qualified and experienced
      team, our significant holdings of in-place mineralized uranium material
      and our Churchrock Section 8 project, that we continue to advance.&#8221;
    </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. URI has
      over 206,600 acres of uranium mineral holdings and 152.9 million pounds
      of in-place mineralized uranium material in New Mexico and an NRC
      license to produce up to 1 million pounds of uranium per year. URI has
      an additional 1.3 million pounds of in-place mineralized uranium
      material in Texas and South Dakota. The Company acquired these
      properties over the past 20 years along with an extensive information
      database of historic drill hole logs, assay certificates, maps and
      technical reports. None of URI&#8217;s properties is currently in production.
    </p>
    <p>
      URI&#8217;s strategy is to fully develop 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 assets 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 website at <u>www.uraniumresources.com</u>.
    </p>
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    <p>
      <b>Safe Harbor Statement</b>
    </p>
    <p>
      This news 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 news release.
    </p>
    <p style="text-align: center">

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    <p>
      CONTACT:<br><b>Investor &amp; Media Contact:</b><br>Kei Advisors LLC<br>Deborah
      K. Pawlowski, 716-843-3908<br><u>dpawlowski@keiadvisors.com</u>
    </p>
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