Uranium Resources, Inc. Prices Common Stock Offering

Uranium Resources, Inc. (NASDAQ: URRE) reports its common stock offering at a price of $1.16 per share.

The press release is quoted as saying:

Net proceeds to the Company, after deducting underwriting discounts and commissions, will be approximately $7.9 million. Proceeds will be used for general corporate purposes, additions to URI’s working capital and funding potential future acquisitions. The offering is expected to close on November 3, 2010, subject to customary closing conditions.

Click here to access the entire press release.