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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported) May 10, 1995
URANIUM RESOURCES, INC.
(Exact name of registrant as specified in its charter)
DELAWARE 0-17171 75-2212772
(State or other jurisdiction (Commission (I.R.S. Employer
of incorporation) File Number) Identification No.)
12750 MERIT DRIVE, SUITE 1210, DALLAS, TEXAS 75251
(Address of principal executive offices) Zip Code
Registrant's telephone number, including area code: 214-387-7777
NO CHANGE
(Former name or former address, if changed since last report)
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Exhibit Index Begins on Sequentially Numbered Page 4
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ITEM 5. OTHER EVENTS
On May 10, 1995, the Registrant issued a press release announcing that
it had reached an agreement with Ryback Management Company on the principal
terms of a $6 million loan to the Registrant by two mutual funds managed by
Ryback. A copy of the press release is attached hereto as Exhibit 99.1.
ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS
(c) EXHIBITS.
(99) Additional Exhibits.
99.1 - Press Release announcing that the Registrant
reached an agreement with Ryback Management
Company on the principal terms of $6 million
loan to the Registrant by two mutual funds
managed by Ryback.
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
Registrant has duly caused this report to be signed on its behalf by the
undersigned thereunto duly authorized.
URANIUM RESOURCES, INC
Date: May 15, 1995 /s/ Wallace M. Mays
Wallace M. Mays
Chairman of the Board and
Chief Executive Officer
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EXHIBIT INDEX
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EXHIBIT NO. EXHIBIT DESCRIPTION PAGE
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99.1 Press Release announcing that the Registrant 6
reached an agreement with Ryback Management
Company on the principal terms of $6 million
loan to the Registrant by two mutual funds
managed by Ryback.
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EXHIBIT 99.1
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PRESS RELEASE
Uranium Resources, Inc. issued a release today announcing that it has
reached an agreement with Ryback Management Company on the principal terms of a
$6 million loan to URI by two mutual funds managed by Ryback. The loan will be
for a term of three years, bear interest at an annual rate of 6.5% per annum and
will be convertible into shares of URI common stock at an initial conversion
price of $4.00 per share. The loan will be non-callable and secured by a
mortgage on URI's Rosita and Kingsville Dome Uranium properties in Texas. In
addition, the lender will receive a three-year warrant to purchase 1.5 million
shares of URI common stock at an initial purchase price of $4.00 per share.
Following closing, URI will seek ratification of the loan by its shareholders.
Failure to receive shareholder ratification will constitute a default under the
loan.
Consummation of the loan is subject to satisfaction of certain
conditions, including execution of mutually agreeable definitive documentation.
If the conditions are met, the parties expect to consummate the transaction
within 30 days.
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