Business Services Industry
Uranium Resources, Inc. responds to investor inquiries regarding stock price
Business Wire, May 3, 1996
DALLAS--(BUSINESS WIRE)--May 3, 1996--Responding to investor inquiries, Uranium Resources, Inc.'s CEO, Paul Willmott, stated that there have been no materially adverse developments to account for today's decline in stock price.
Citing continued upward pressures on the price of uranium, Willmott reported that South Texas production at the company's Kingsville Dome facility has thus far exceeded expectations. Additionally, the company continues on track for the obtention of license and permits for its extensive New Mexico reserves.
Uranium Resources, Inc. is a Dallas based uranium mining company, whose shares trade on the National Market System under the symbol URIX. The company specializes in in-situ solution mining and holds substantial uranium reserves in South Texas and New Mexico.
CONTACT: Uranium Resources, Inc.
Paul K. Willmott/Thomas H. Ehrlich
214/387-7777
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