Published on 5/17/2005 in the Prospect News PIPE Daily.
New Issue: Uranium Resources closes $1.5 million private placement of stock
By Sheri Kasprzak
Atlanta, May 17 - Uranium Resources Inc. said it has closed a $1,499,999 private placement.
The company sold 3,333,333 shares at $0.45 each to two private investment partnerships managed by George Ireland, a director of Uranium Resources.
Based in Lewisville, Texas, Uranium Resources is a uranium exploration company. The proceeds will be used to develop the company's Vasquez property.
Issuer: | Uranium Resources Inc.
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Issue: | Stock
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Amount: | $1,499,999
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Shares: | 3,333,333
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Price: | $0.45
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Warrants: | No
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Settlement date: | May 13
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Stock price: | $0.45 at close May 13
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