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Stmnt re Share Price Movement

15th Sep 2009 16:00

RNS Number : 1062Z
Uranium Resources PLC
15 September 2009
 



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. 

This information is provided by RNS
The company news service from the London Stock Exchange
 
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