Uranium Resources, Inc. Prices Common Stock Offering

Uranium Resources, Inc. (NASDAQ: URRE) ('URI?) announced today that it
has priced an underwritten registered offering of 7,150,000 shares of
common stock at a price of $1.16 per share. Net proceeds to the Company,
after deducting underwriting discounts and commissions, will be
approximately $7.9 million. Proceeds will be used for general corporate
purposes, additions to URI′s working capital and funding potential
future acquisitions. The offering is expected to close on November 3,
2010, subject to customary closing conditions.

ROTH Capital Partners is acting as the sole manager of the offering. URI
has also granted the underwriters a 30-day option to purchase up to an
additional 1,072,500 shares of common stock on the same terms and
conditions to cover over-allotments, if any.

The offering was the second draw down made pursuant to a shelf
registration statement on Form S-3 filed with the Securities and
Exchange Commission on May 7, 2010, which became effective on May 21,
2010.

Copies of the final prospectus supplement will be filed with the
Securities and Exchange Commission (the 'SEC?) and, when available, may
be obtained by visiting the SEC Web site at www.sec.gov,
or by contacting:

About Uranium Resources, Inc.

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 where
the Company currently has ISR mining projects. URI also has 183,000
acres of uranium mineral holdings and 101.4 million pounds of in-place
mineralized uranium material in New Mexico, as well as a NRC license to
produce up to 1 million pounds of uranium. The Company acquired these
properties over the past 20 years along with an extensive information
database of historic mining logs and analysis. None of URI′s properties
is currently in production.

URI′s strategy is to fully exploit 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 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.

Uranium Resources routinely posts news and other information about the
Company on its Web site at www.uraniumresources.com.

Safe Harbor Statement

This press 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 'expects,? 'estimates,?
'projects,? 'anticipates,? 'believes,? 'could,? 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′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′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′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′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′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 press release.

Investor Contact:

Deborah K. Pawlowski

Kei Advisors LLC

Phone:
716.843.3908

Email: dpawlowski@keiadvisors.com

Media
Contact:

April Wade

Ph: 505.440.9441

E-mail:

awade@uraniumresources.com

Company
Contact:

Don Ewigleben

President & Chief Executive Officer

Phone:
972.219.3330