Uranium Resources (URRE) Reports Q2 Loss of $0.15/Share

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Go back to Uranium Resources (URRE) Reports Q2 Loss of $0.15/Share

Uranium Resources Reports Second Quarter 2015 Results

August 14, 2015 7:30 AM EDT

CENTENNIAL, Colo.--(BUSINESS WIRE)-- During the second quarter 2015, Uranium Resources, Inc. (NASDAQ: URRE) (URI) announced a transformational and strategic merger (Merger) with Anatolia Energy Limited (ASX: AEK; Anatolia) that will advance uranium production to the near term with the planned construction and start-up of Anatolias Temrezli Project in Central Turkey.

The proposed Merger has potential cost saving synergies of up to $11.0 million in capital development costs for the Temrezli Project by relocating URIs Rosita Processing Plant from South Texas to Temrezli in Central Turkey and by utilizing URIs internal... More