15th Sep 2009 16:00
Uranium Resources plc / Market: AIM / Epic: URA / Sector: Exploration
15 September 2009
Uranium Resources plc ('Uranium Resources' or 'the Company')
Statement re Share Price Movement
The board of directors of Uranium Resources ('the Board') notes the recent rise in the Company's share price and the announcement made by its partner in its Tanzanian uranium projects, Indago Resources Limited ('Indago'), on 7 September 2009 regarding Indago's advanced discussions to sell its Tanzanian uranium assets.
The Board confirms that it is in discussions with Indago to purchase its interest in the Tanzanian uranium assets and that a further announcement will be made in due course. No legally binding agreements have been entered into at this time.
For further information please visit www.uraniumresources.co.uk or contact:
Alex Gostevskikh |
Uranium Resources plc |
Tel: +44 (0) 7997 713377 |
James Pratt |
Uranium Resources plc |
Tel: +61 (0) 412 743 382 |
Ross Warner |
Uranium Resources plc |
Tel: +44 (0) 7760 487769 |
Hugh Warner |
Uranium Resources plc |
Tel: +61 (0) 413 621 652 |
Richard Swindells |
Ambrian Partners Ltd |
Tel: +44 (0) 20 7634 4700 |
Hugo de Salis |
St Brides Media & Finance Ltd |
Tel: +44 (0) 20 7236 1177 |
Felicity Edwards |
St Brides Media & Finance Ltd |
Tel: +44 (0) 20 7236 1177 |
Notes to editors
Uranium Resources plc is an AIM listed exploration and development company. It is the Company's strategy to advance its existing assets and strengthen its portfolio via opportunistic acquisition. Uranium Resources has uranium/coal licences in the highly prospective Karoo Basin in Southern Tanzania where it currently has a land package in excess of 12,700 sq km.
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