Uranium Resources, Inc. reports 2009 fourth quarter results

Uranium Resources, Inc. reports an update on the its financial position as of the year ended December 31, 2009 and on its strategies and outlook for 2010 and onwards.

Continued focus on the Company’s cash preservation program is a priority. URI’s Board of Directors recently approved a revised strategic plan which emphasizes the cash preservation program and addresses the Company’s future cash needs, as well as its strategic options for unlocking potential value for shareholders by utilizing its current assets and by evaluating possible regional and structural synergies.

President and CEO of Uranium Resources, Don Ewigleben says:

“It is vital that URI is positioned in Texas to take advantage of any sustained rebound in the price of uranium by returning to production as quickly as possible, and we have developed a concrete action plan to ensure a smooth return to production when the time comes.”

For complete press release, click here.