• Montag, 23 Dezember 2024
  • 17:32 Uhr Frankfurt
  • 16:32 Uhr London
  • 11:32 Uhr New York
  • 11:32 Uhr Toronto
  • 08:32 Uhr Vancouver
  • 03:32 Uhr Sydney

Uranium Resources Announces Director Changes

13.06.2012  |  Business Wire

John H. Pfahl of Resource Capital Funds joins URI Board of
Directors; Long-time director Leland O. Erdahl retires


Uranium Resources, Inc. (NASDAQ: URRE) ('URI? or the 'Company?),
announced that John H. Pfahl was elected as a director of URI at its
annual meeting held on June 4, 2012, succeeding Leland O. (Lee) Erdahl,
who did not seek reelection after 18 years of outstanding service to the
Company.


Paul K. Willmott, Executive Chairman of the Board of URI, commented,
'John′s extensive experience in all facets of the mining industry will
prove an invaluable asset to URI. Part of our strategy has been and will
continue to be evaluating opportunities to grow our asset base in New
Mexico and Texas. We believe his experience in commercial due diligence,
finance negotiations and mergers and acquisitions will make John an
integral member of the URI team.?


Mr. Pfahl has technical and commercial experience in the mining sector
across a diversified range of mineral commodities and geographic
regions. He is an Associate with Resource Capital Funds, an investment
adviser with approximately $1.9 billion in assets under management and
whose clients are mining-focused private equity funds. Mr. Pfahl has
managed and participated in active investments in companies with
projects ranging from late stage exploration through production.
Previously, he was a consultant in the environmental sector with
Newfields Boulder LLC. Mr. Pfahl holds a Bachelor of Science degree in
Engineering and a Master of Engineering (Master of Mines) degree from
the Colorado School of Mines.


Commenting on Lee Erdahl′s service, Mr. Willmott added, 'Lee has
provided invaluable leadership over the years and will be sorely missed.
Drawing on decades of experience in several different capacities
including CEO of a number of mining companies, Lee helped guide URI
through several market cycles. We wish Lee the very best and thank him
for his years of committed service to URI and our shareholders.?

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. URI
also has 183,000 acres of uranium mineral holdings and 101.4 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. 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′s properties is
currently in production.


URI′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.


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

Safe Harbor Statement


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 '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 news release.

Investor:

Kei Advisors LLC

Deborah K. Pawlowski,
716-843-3908

dpawlowski@keiadvisors.com

or

Uranium
Resources Inc.

Media:

Mat Lueras, 505-269-8317

Vice
President, Corporate Development

mlueras@uraniumresources.com

or

Company:

Thomas
H. Ehrlich, 972-219-3330

Vice President & Chief Financial Officer



Bewerten 
A A A
PDF Versenden Drucken

Für den Inhalt des Beitrages ist allein der Autor verantwortlich bzw. die aufgeführte Quelle. Bild- oder Filmrechte liegen beim Autor/Quelle bzw. bei der vom ihm benannten Quelle. Bei Übersetzungen können Fehler nicht ausgeschlossen werden. Der vertretene Standpunkt eines Autors spiegelt generell nicht die Meinung des Webseiten-Betreibers wieder. Mittels der Veröffentlichung will dieser lediglich ein pluralistisches Meinungsbild darstellen. Direkte oder indirekte Aussagen in einem Beitrag stellen keinerlei Aufforderung zum Kauf-/Verkauf von Wertpapieren dar. Wir wehren uns gegen jede Form von Hass, Diskriminierung und Verletzung der Menschenwürde. Beachten Sie bitte auch unsere AGB/Disclaimer!



Mineninfo
Westwater Resources Inc.
Bergbau
A2PG8A
US9616842061
Copyright © Minenportal.de 2006-2024 | MinenPortal.de ist eine Marke von GoldSeiten.de und Mitglied der GoldSeiten Mediengruppe
Alle Angaben ohne Gewähr! Es wird keinerlei Haftung für die Richtigkeit der Angaben und der Kurse übernommen!
Informationen zur Zeitverzögerung der Kursdaten und Börsenbedingungen. Kursdaten: Data Supplied by BSB-Software.