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    Uranium Resources Obtains South Texas Properties Surety Bonds

    Investing News Network
    Feb. 14, 2013 05:15PM PST
    Company News

    Uranium Resources Inc. (NASDAQ:URRE) announced that it has obtained $9M in surety bonds for the remediation and reclamation of its South Texas Projects.

    Uranium Resources Inc. (NASDAQ:URRE) announced that it has obtained $9M in surety bonds for the remediation and reclamation of its South Texas Projects.

    As quoted in the press release:

    The new bonds will require $4.5 million in cash collateral and will replace the existing $9.0 million of fully collateralized financial surety instruments that are currently providing the financial surety requirements for the projects. As a result of the lower cash collateral requirement, $4.5 million will be released back to URI.

    Click here to read the full Uranium Resources Inc. (NASDAQ:URRE) press release.

    nasdaq:urre
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