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Uranium Resources Inc Sets Record Date For Rights Offering


Friday, 18 Jan 2013 07:48pm EST 

Uranium Resources Inc announced that it has set 5:00 p.m. eastern time on January 28, 2013 as the record date for its previously-announced shareholder rights offering (Rights Offering). Under the terms of the Rights Offering, the Company will distribute at no charge to the holders of its common stock and warrants as of 5:00 p.m. eastern time on January 28, 2013 (the Record Date) non-transferable subscription rights to purchase shares of the Company’s common stock (the Rights). The final terms of the Rights Offering, including the subscription price and the expiration date for the Rights, will be set forth in a prospectus supplement that will be distributed to holders of the Company’s common stock and warrants as of the Record Date. The Company seeks to raise up to $13.0 million in the Rights Offering. By giving URI shareholders and warrant holders the right to purchase additional shares of common stock on a pro-rata basis, the rights offering permits such holders to maintain their percentage ownership in the Company. 

Company Quote

2.58
-0.14 -5.15%
22 Sep 2014