WESTWATER RESOURCES, INC.

SK On also terminated its graphite procurement agreement, the second of Westwater's three anchor offtake customers to walk away within five months, though SK On left the door open to a future deal on new terms; construction continues at Kellyton under new CEO Frank Bakker.

material agreement termination

Stellantis's FCA US unexpectedly terminated its graphite offtake agreement, pausing the debt syndication that its deal with SK On, FCA and a third customer, Hiller Carbon, had supported; Westwater disputes FCA's right to cancel and says it has raised roughly $55 million since mid-2025 to keep advancing Kellyton while rescoping Phase I smaller.

material agreement termination

Moss Adams merged with Baker Tilly on June 3, 2025, resigned as Westwater's auditor, and Baker Tilly was appointed in its place, with no disagreements. Moss Adams's audit report on the 2024 and 2023 financial statements included a going-concern uncertainty paragraph.

auditor change

Westwater gave an update on financing talks for Kellyton Phase I construction debt and completed a feasibility study for a Phase II expansion of the plant.

resource reserve update

Westwater signed a new purchase agreement under which Lincoln Park committed to buy up to $30 million of its stock over 24 months, at Westwater's option. It also set up an $8.05 million at-the-market program with H.C. Wainwright and terminated its 2017 Cantor Fitzgerald sales agreement.

capital raising announcement

Westwater signed a second binding offtake agreement, with FCA US (Stellantis's US arm), for graphite anode material from the Kellyton plant, adding a second major automotive customer alongside SK On.

material agreement

Westwater landed its first named offtake customer, signing a multi-year products procurement agreement with Korean battery maker SK On for graphite from the Kellyton plant, ramping to 10,000 metric tons a year by the deal's final year -- likely the 'Tier 1' customer teased in March 2023.

material agreement

Westwater signed an agreement with an unnamed Tier 1 electric-vehicle battery maker to qualify its graphite for EV batteries, said an optimized feasibility study more than doubled expected Kellyton output and nearly tripled the project's estimated value, and outlined a non-binding $150 million private-debt term sheet to help fund construction.

asset acquisition disposition

President and CEO Chad Potter resigned after less than a year in the role and signed a severance agreement covering a year's salary and partial vesting of his stock awards.

material agreement

As part of its CEO transition, Chairman Terence Cryan took on a paid Executive Chairman role at $12,500/month rather than stepping back from day-to-day involvement.

material agreement

The feasibility study for the Kellyton graphite plant was completed, pegging Phase I construction costs at about $202 million, and the board approved spending to begin construction and buy supporting industrial space.

resource reserve update

WESTWATER RESOURCES, INC.'s securities were notified for removal from listing and registration on its exchange.

listing compliance notice

the exchange certified WESTWATER RESOURCES, INC.'s securities for listing, clearing them to begin trading.

listing compliance notice

Westwater hired Samuel Engineering to run the definitive feasibility study for its Coosa Graphite Project processing plant in Kellyton, Alabama, the next step in developing its now-sole focus asset.

material agreement

Westwater sold its remaining uranium subsidiaries in Texas and New Mexico to enCore Energy for cash, stock and royalty interests, completing its exit from uranium to focus entirely on battery-grade graphite.

asset acquisition disposition

Westwater signed a purchase agreement letting it sell up to $100 million of stock to Lincoln Park Capital over 36 months, issuing 150,000 commitment shares. It also registered up to $48.5 million more under its existing Cantor at-the-market agreement.

material agreement

Alongside a routine expansion of its Cantor Fitzgerald at-the-market program, Westwater disclosed a letter of intent to sell its remaining New Mexico/Texas uranium assets for about $1.95 million in the buyer's stock plus royalties, and returned its Nevada/Utah lithium claims to the government - completing the pivot away from uranium and lithium toward graphite.

capital raising announcement

Westwater signed a committed equity facility letting it sell Lincoln Park Capital up to $12 million of stock over two years as needed, drawing an initial $250,000 immediately.

capital raising announcement

Westwater regained compliance with Nasdaq's $1.00 minimum bid price after its 1-for-50 reverse split in April 2019. The Nasdaq hearings panel continued the listing and closed the matter.

listing compliance notice

Nasdaq staff determined to delist Westwater's stock over the persistent minimum-bid-price failure; the company appealed to a hearings panel.

listing compliance notice

Westwater agreed to sell its remaining uranium royalty portfolio -- covering Church Rock/Laramide, Dewey-Burdock, Lance and Roca Honda -- plus the Laramide promissory note, to Uranium Royalty Corp for $2.75 million, continuing to shed its legacy uranium interests.

material agreement

Nasdaq granted Westwater a second 180-day extension, to March 2019, to fix its stock-price compliance problem.

listing compliance notice

The Alabama Graphite acquisition closed, issuing 11.6 million new shares; CEO Chris Jones called it a transformational pivot into battery-ready graphite, with pilot-scale production planned for 2019.

asset acquisition disposition

Nasdaq again warned Westwater it had traded below $1 for 30 days, restarting the minimum-bid-price compliance clock.

listing compliance notice

The final proxy sets the combined annual meeting for April 19, 2018 (record date March 5), where shareholders vote on issuing up to 14,133,593 shares for the Alabama Graphite acquisition, plus directors, Moss Adams as auditor and an executive-pay advisory vote. Alabama Graphite holders would own about 29.4% of the combined company. The filing continues the Alabama Graphite deal toward a shareholder vote; the result is not in this filing.

business combination

Westwater filed a preliminary proxy asking shareholders to approve issuing up to 14,133,593 shares for the all-stock acquisition of Alabama Graphite Corp. (agreed December 13, 2017; 0.08 Westwater share per Alabama Graphite share). Alabama Graphite holders would own about 29.5% of the combined company, and the board states the aim of moving into graphite and lithium for batteries while keeping uranium in the long term. This is the vote on the deal that starts the battery-materials pivot; the meeting date is still blank.

business combination

Westwater Resources agreed to acquire Alabama Graphite Corp in an all-stock deal, its first move into battery materials via the Coosa Graphite Project in Alabama.

business combination

The company set up a $30 million at-the-market stock sale facility with Cantor Fitzgerald, a much larger standing financing option than its prior facilities.

material agreement

The company's subsidiary took a one-year option, for a $75,000 payment, to buy about 3,040 acres of placer claims in Nevada's Columbus Salt Marsh. The claims adjoin its Columbus Basin Project and expand it to over 14,200 acres.

farm in farm out agreement

After a special stockholder meeting failed to convene, the company and Esousa terminated their Master Exchange Agreement. The company also repaid Resource Capital Fund $5.5 million in cash plus accrued interest, ending the 2013 RCF loan agreement and releasing its security interests.

material agreement termination

The company raised about $9.7 million in a public offering led by a long-only family office, its largest raise in years, to fund operations and pay down debt.

material agreement

The sale of Hydro Resources (Crownpoint and Churchrock) to Laramide closed on January 5, 2017 for consideration valued at $12.5 million: $2.5 million cash, $500,000 of stock and warrants, and a $5 million note. The company kept a 4% Churchrock royalty and options on Laramide's La Sal and La Jara Mesa projects.

asset acquisition disposition

Days later the company raised the new creditor's conversion-price floor from $0.10 to $0.30/share, softening the prior week's dilutive terms, and separately amended its pending Hydro Resources sale to Laramide Resources to drop the requirement that Laramide line up financing first, in exchange for a $250,000 break fee.

capital raising announcement

RCF extended the maturity of the company's $8 million convertible notes from December 31, 2016 to March 31, 2017, with 15% interest from January 1, 2017. A new creditor bought $2.5 million of the notes, agreed to buy $5.5 million more, and could exchange them for stock at the greater of 77% of VWAP or $0.10 per share.

capital raising announcement

The company replaced Aspire Capital's $10 million standby option with a firm $12 million common-stock purchase agreement, again paying Aspire in stock (240,000 shares) to secure the facility.

material agreement

Uranium Resources agreed to sell Hydro Resources, which holds its Churchrock and Crownpoint properties in New Mexico, to Laramide Resources. It was to receive $5.25 million cash, a $7.25 million promissory note and an option to buy Laramide La Sal, Inc. for $4.0 million, subject to closing conditions.

material agreement

Uranium Resources set up an option for Aspire Capital to buy up to $10 million of stock on demand over the next year, paying Aspire 900,000 shares just for agreeing to the standby facility.

material agreement

The Anatolia Energy merger closed: former Anatolia shareholders received about 20.5 million new shares and ended up owning roughly 41% of the combined company, which began dual-trading on the ASX as CHESS Depositary Interests.

business combination

Nasdaq again flagged the stock for trading below $1 for 30 days, restarting the compliance clock less than three years after the last reverse split.

listing compliance notice

The final proxy for the Anatolia deal sets the shareholder meeting for September 23, 2015 (record date August 4). It repeats the terms: 0.06579 URI share per Anatolia share, with Anatolia holders owning about 41% (44% fully diluted) of the combined company. With URI stock at $0.86 on August 6, each Anatolia share was worth about $0.057, down from about $0.089 at announcement, because the price is paid in URI shares and URI's stock has fallen.

business combination

The company sold its Roca Honda uranium project in New Mexico to Energy Fuels for $2.5 million cash, $375,000 in Energy Fuels stock, royalty interests and Church Rock-adjacent claims, raising capital to help fund the pending Anatolia merger.

asset acquisition disposition

Uranium Resources filed a preliminary proxy asking its shareholders to approve issuing shares for the Anatolia Energy acquisition agreed June 3, 2015 (0.06579 URI share per Anatolia share). Anatolia holders would own about 41% of the combined company (about 44% fully diluted), and the board unanimously recommends a vote in favour. The same meeting also covers director elections, Hein & Associates as auditor and an executive-pay advisory vote. This moves forward the Anatolia deal announced in June; the meeting date is still blank in this draft.

business combination

Ahead of the Anatolia merger closing, Uranium Resources agreed to lend Anatolia up to A$2 million as bridge financing, convertible into Anatolia shares if the deal falls through.

material agreement

Uranium Resources agreed to acquire Australia's Anatolia Energy in an all-stock merger, gaining the high-grade Temrezli in-situ uranium project in Turkey and adding a planned dual listing on the ASX.

business combination

The Rio Grande Resources land swap closed, and the company said it plans a 2015 drilling program at its newly acquired Alta Mesa Este project.

asset acquisition disposition

The company agreed to swap two New Mexico mineral properties and some royalty interests for Rio Grande Resources' South Texas uranium ground -- the Alta Mesa Este, Sejita Dome and Butler Ranch projects covering about 8,800 acres -- re-entering South Texas with different assets than the ones it had just walked away from.

material agreement

RCF cut its convertible loan facility from $15 million to $8 million by shrinking the second tranche to $3 million and cancelling the third. RCF then advanced the final $3 million, and the company settled its lawsuit with former CFO Thomas Ehrlich by issuing him 119,231 shares.

capital raising announcement

With Cameco already gone, Uranium Resources itself terminated the underlying lease option covering the Kenedy County ground, closing out its South Texas exploration push entirely.

material agreement termination

Cameco walked away from its South Texas exploration joint venture in Kenedy County after the ground failed to produce significant uranium finds, ending the earn-in it had expanded just a year earlier.

material agreement termination

The company said it would restate three years of financials (2010-2012) plus 2013 quarters after the SEC challenged its practice of capitalizing mine-development costs before proven reserves were declared, cutting reported plant and equipment value by about $9 million.

financial restatement

Resource Capital Fund extended a new $15 million secured convertible loan facility, with $3 million drawn immediately, deepening the company's reliance on RCF as both lender and major shareholder.

debt financing

Uranium Resources replaced its 2006 uranium supply contract with ITOCHU with a new contract. ITOCHU will buy half of production from Vasquez, Rosita and Kingsville, up to 3 million pounds, at market prices less a 5-7% discount, and can cancel deliveries on 180 days' notice.

material agreement termination

Lender Resource Capital Fund V exercised rights to buy about $5 million more stock at $2.55/share, paying for it by offsetting its existing bridge loan, which pushed RCF's ownership stake from 28% to almost 33%.

capital raising announcement

The company executed a 1-for-10 reverse stock split, mandated by its RCF bridge loan, to fix its Nasdaq minimum-price problem, but Nasdaq still moved to delist it and the company had to appeal to a hearing panel.

listing compliance notice

Cameco expanded its South Texas exploration joint venture with Uranium Resources, committing $4.3 million for a 70% stake and adding the 22,700-acre Tecolote tract to the program.

material agreement

A feasibility study confirmed the Church Rock Section 8 uranium deposit in New Mexico could be mined economically using in-situ recovery, a positive technical read despite the ongoing Navajo Nation access dispute.

resource reserve update

Resource Capital Fund provided a $5 million secured bridge loan, conditioned on the company holding a reverse stock split and completing a rights offering by early 2013 to fix its Nasdaq minimum-price problem.

debt financing

CEO Don Ewigleben resigned and board member Terence Cryan stepped in as interim President and CEO; because Cryan is no longer independent, the board and audit committee fell out of Nasdaq's independence rules, with a year to fix it.

listing compliance notice

Uranium Resources' shareholders approved issuing the 37 million shares needed for the Neutron Energy merger, with the deal expected to close within days.

business combination

Neutron Energy's own shareholders approved the merger with 99.9% of votes cast in favor, clearing one of the two votes needed to close the deal.

business combination

The company's Church Rock subsidiary settled a trespass dispute with the Navajo Nation, gaining temporary site access for permitting work in exchange for agreeing to remediate existing radioactive contamination before mining could start.

material agreement

The formal Neutron Energy merger agreement and financing package were filed: 37 million new shares in total, a $20 million equity investment from Resource Capital Fund, and a credit facility to keep Neutron funded until closing.

business combination

Uranium Resources agreed to acquire Neutron Energy in an all-stock deal, gaining Neutron's Cebolleta and Juan Tafoya uranium properties in New Mexico's Grants Mineral Belt, with Resource Capital Fund putting in $20 million to help retire Neutron's debt.

business combination

Cameco Texas formalized the South Texas earn-in floated in January, agreeing to fund exploration on the Kenedy County acreage for up to a 70% stake, while the company also reported first-quarter results and a new state drilling permit.

farm in farm out agreement

Uranium Resources locked up a three-year option to explore 53,500 acres in Kenedy County, South Texas, paying $1 million upfront, and said it was working toward a joint exploration deal with Cameco on the same ground.

farm in farm out agreement

Nasdaq approved moving the company's stock to its lower-tier Capital Market after shares traded below $1 for 30 days, giving it another 180 days to get the price back up.

listing compliance notice

Uranium Resources signed an underwriting agreement with Roth Capital Partners to sell 23,809,500 new common shares. Roth was also granted an option to buy up to 3,333,330 more shares to cover over-allotments.

material agreement

Uranium Resources called off its planned $110 million purchase of Rio Algom Mining after it couldn't raise the financing to fund the deal, while also reporting ongoing production at its Rosita wellfield in Texas.

material agreement termination