5 Mar 2012business combination● Neutral
The company circulated an investor presentation on the pending Neutron Energy merger; no new terms were disclosed.
Announcements, explained
Each one in plain English, with the numbers worked through for a shareholder.
2 Mar 2012business combination▲ GoodMajor
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.
31 Oct 2011material agreement● Neutral
The company set up an at-the-market facility letting it sell up to $15 million of stock over time through BTIG, a standing option rather than an immediate raise.
13 May 2011farm in farm out agreement▲ GoodMajor
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.
3 Jan 2011farm in farm out agreement▲ GoodMajor
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.
1 Nov 2010material agreement● Neutral
The company raised about $7.9 million in a second stock offering through Roth Capital, priced at $1.16 a share, for general operations and possible acquisitions.
6 July 2010listing compliance notice● Neutral
A follow-up filing corrected the deadline in the prior Nasdaq listing notice: the company actually has until January 4, 2011, not 2010 as the original filing mistakenly said, to get its share price back above $1.
2 July 2010listing compliance notice▼ BadMajor
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.
24 June 2010material agreement● NeutralMajor
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.
31 July 2008material agreement● Neutral
The company pushed back by three months the deadline for itself and joint-venture partner ITOCHU to decide whether to invest in the Church Rock uranium project in New Mexico.
27 June 2008material agreement termination▼ BadMajor
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.