Uranium Resources Plc Regulatory News (URA)

5 Jan 2007 15:54

Uranium Resources PLC05 January 2007 5th January 2007 Uranium Resources plc ('Uranium Resources' or 'the Company') Completes £2 million fundraising to advance uranium exploration in Tanzania On 22 December 2006, Uranium Resources plc, the AIM traded uranium explorationand development company, announced that it had received binding commitments toraise £1.85 million through the issue of 73,900,000 new ordinary shares at 2.5pper share in connection with a £2 million placing that it was undertaking. TheCompany is pleased to announce that it has received further binding commitmentsto raise £152,500 through the issue of 6,100,000 ordinary shares of 0.1p eachfor 2.5p per share and that the placing of 80,000,000 new ordinary shares is nowfully subscribed. Application will be made for the admission of 80,000,000 new ordinary shares totrade on the AIM market. The new ordinary shares will rank pari passu with theexisting ordinary shares of 0.1p each in the Company and dealings in these newordinary shares are expected to commence on 15 January 2007. **ENDS** For further information please see: www.uraniumresources.co.uk or contact: James Pratt Uranium Resources plc Tel: +61 412 743 382 Ross Warner Uranium Resources plc Tel: 07760 487 769 Hugh Warner Uranium Resources plc Tel: +618 9217 3350 Hugh Oram Nabarro Wells & Co. Limited Tel: 020 7710 7400 Hugo de Salis St Brides Media & Finance Ltd Tel: 020 7242 4477 This information is provided by RNS The company news service from the London Stock Exchange