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Stock Market & Financial Investment News

News Breaks
February 7, 2014
08:31 EDTURREUranium Resources announces $10.3M registered direct offering
Uranium Resources has entered into a securities purchase agreement with certain institutional investors to sell approximately $10.3M of its common stock in a registered direct offering. Under the terms of the securities purchase agreement, URI will issue an aggregate of 3,960,000 shares of common stock at a price of $2.60 per share. The closing of the funding is expected to take place on or about February 12, subject to the satisfaction of customary closing conditions. Roth Capital Partners and Cowen and Company, LLC acted as co-placement agents in connection with the transaction. URI intends to use the net proceeds from this offering to fund the completion of ongoing technical reports for three projects in New Mexico compliant with Canadian National Instrument 43-101, reclamation work, capital expenditures, working capital and other general corporate purposes.
News For URRE From The Last 14 Days
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February 5, 2016
10:16 EDTURREUranium Resources to host special shareholder meeting
Special shareholder meeting to approve an amendment to the company's Restated Certificate of Incorporation will be held on February 11 at 11 am.
February 4, 2016
08:40 EDTURREAspire Capital to invest up to $10.8M in Uranium Resources
Uranium Resources announced that it has entered into a stock purchase agreement with Aspire Capital Fund, selling 3.56M shares of its common stock in a registered direct offering for an aggregate purchase price of $838,000. There were no underwriting discounts or placement agent fees. The company intends to use the net proceeds from this transaction for general corporate purposes, which may include technical studies, restoration commitments, capital expenditures and working capital. Separately, on February 3, the company and Aspire Capital also entered into an option agreement by which Aspire Capital granted the company the right at any time or times prior to April 30, 2017, for the company to require Aspire Capital to enter into up to two common stock purchase agreements, each having a term of up to 24 months, and collectively requiring Aspire Capital to purchase up to the aggregate amounts of which shall not exceed $10M in the aggregate of company's common stock, or such lesser amount as the company may determine, on an ongoing basis when required by the company. Upon the execution of the option agreement, the company issued 900,000 restricted common shares to Aspire Capital as a commitment fee.
February 1, 2016
14:58 EDTURREUranium Resources to host special shareholder meeting
Special shareholder meeting to be held to approve an amendment to the company's Restated Certificate of Incorporation will be held in Centennial, Colorado on February 2 at 11 am.

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