10 May 2018quarterly activities report▼ Bad
WESTWATER RESOURCES, INC. reported a quarterly net loss of $3.4 million for the period ended 2018-03-31.
Announcements, explained
Each one in plain English, with the numbers worked through for a shareholder.
2 May 2018quarterly activities report▼ Bad
WESTWATER RESOURCES, INC. reported a quarterly net loss of $3.4 million for the period ended 2018-03-31.
23 Apr 2018asset acquisition disposition▲ GoodMajor
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.
19 Apr 2018agm notice● Neutral
WESTWATER RESOURCES, INC. shareholders approved the routine matters put to a vote at the company's annual meeting (director elections, auditor ratification, and the executive-pay advisory vote).
13 Mar 2018listing compliance notice▼ BadMajor
Nasdaq again warned Westwater it had traded below $1 for 30 days, restarting the minimum-bid-price compliance clock.
8 Mar 2018business combination● NeutralMajor
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.
12 Jan 2018business combination● NeutralMajor
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.
14 Dec 2017business combination▲ GoodMajor
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.
21 Nov 2017securities registration● Neutral
WESTWATER RESOURCES, INC. registered a securities offering with the SEC using its shelf eligibility.
17 Nov 2017auditor change● Neutral
Auditor Hein & Associates merged into Moss Adams, which took over as Westwater's independent auditor in a routine transition with no disagreements; Hein's 2016 audit had already cleared the going-concern doubt flagged the year before.
9 Nov 2017quarterly activities report▼ Bad
WESTWATER RESOURCES, INC. reported a quarterly net loss of $3.0 million for the period ended 2017-09-30.
27 Sept 2017securities registration● Neutral
WESTWATER RESOURCES, INC. filed a prospectus supplement for an offering off its existing shelf.
27 Sept 2017material agreement● Neutral
Now renamed Westwater Resources, the company signed a new $22 million stock purchase agreement with Aspire Capital, upsizing its prior equity line.
20 Sept 2017director interest notice● Neutral
WESTWATER RESOURCES, INC. President and CEO Christopher Murrel Jones received a stock option grant for 123,750 shares.
20 Sept 2017director interest notice● Neutral
WESTWATER RESOURCES, INC. director Patrick Nicolas Burke received a stock option grant for 47,291 shares.
20 Sept 2017director interest notice● Neutral
WESTWATER RESOURCES, INC. Vice President-Finance and CFO Jeffrey L. Vigil received a stock option grant for 45,000 shares.
20 Sept 2017director interest notice● Neutral
WESTWATER RESOURCES, INC. director Marvin K Kaiser received a stock option grant for 47,291 shares.
20 Sept 2017director interest notice● Neutral
WESTWATER RESOURCES, INC. director Tracy D Pagliara received a stock option grant for 47,291 shares.
20 Sept 2017director interest notice● Neutral
WESTWATER RESOURCES, INC. director Terence James Cryan received a stock option grant for 47,291 shares.
20 Sept 2017director interest notice● Neutral
WESTWATER RESOURCES, INC. Vice President Dain A Mccoig received a stock option grant for 37,125 shares.
28 Aug 2017director interest notice● Neutral
WESTWATER RESOURCES, INC. director Marvin K Kaiser sold 3,006 shares at $1.37.
28 Aug 2017director interest notice● Neutral
Terence James Cryan became a WESTWATER RESOURCES, INC. director and company insider (initial ownership filing).
11 Aug 2017quarterly activities report▼ Bad
WESTWATER RESOURCES, INC. reported a quarterly net loss of $2.6 million for the period ended 2017-06-30.
27 July 2017director interest notice● Neutral
Tracy D Pagliara became a WESTWATER RESOURCES, INC. director and company insider (initial ownership filing).
6 June 2017director interest notice● Neutral
WESTWATER RESOURCES, INC. director Tracy Austin Stevenson exercised stock options for 556 shares and disposed of 556 shares.
6 June 2017director interest notice● Neutral
WESTWATER RESOURCES, INC. director Marvin K Kaiser exercised stock options for 556 shares and disposed of 556 shares.
5 June 2017agm notice● Neutral
WESTWATER RESOURCES, INC. announced its upcoming annual shareholder meeting, covering the routine agenda (director elections, auditor ratification, executive-pay advisory vote).
23 May 2017agm notice● Neutral
WESTWATER RESOURCES, INC. shareholders approved the routine matters put to a vote at the company's annual meeting (director elections, auditor ratification, and the executive-pay advisory vote).
11 May 2017quarterly activities report● Neutral
WESTWATER RESOURCES, INC. reported a quarterly net income of $1.8 million for the period ended 2017-03-31.
17 Apr 2017material agreement● NeutralMajor
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.