LEWISVILLE, Texas--(BUSINESS WIRE)--Uranium Resources, Inc. (OTCBB: URRE) (“URI”),
a Texas based uranium exploration and mining company, is pleased to
announce it has retained the services of Kei Advisors LLC to work with
management in the area of capital markets communication and shareholder
awareness.
Paul K. Willmott, URI’s Chairman and CEO,
noted, “Given the resurgence of nuclear power
and a strong uranium market, we believe we have an exciting story to
tell. Kei Advisors can assist us in improving the market’s
awareness of our significant resource base by reaching out to our
existing shareholders as well as by introducing the company to
prospective investors.”
ABOUT URANIUM RESOURCES, INC.
Since it’s incorporation in 1977, URI has
produced nearly 10 million lbs U3O8 by in-situ recovery (ISR) methods in
the state of Texas where the company currently has three ISR mining
projects. URI is also developing a new ISR project in New Mexico where
the company has considerable uranium resources. URI’s
strategy is to fully exploit its large resource base in Texas and New
Mexico to take advantage of the strong global market for uranium.
Kei Advisors provides a strategic approach to managing communications
and relations with the capital markets. They are committed to helping
their clients create optimum shareholder value by closing the
information gap that often exists between a company’s
reality and the market’s perception. The Kei
team has over fifty years of capital market and investor relations
experience offering a broad level of knowledge and expertise for public
and private companies.
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 reserves and 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 of
uranium, weather conditions, operating conditions at the Company’s
mining projects, government regulation of the mining industry and the
nuclear power industry, the world-wide supply and demand of uranium,
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.
