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  • Author unknown

    Uranium Resources Raising Cash For More Deals (URRE, BHP)

    http://www.eatingstock.com/?p=2789
    114 days ago in EatingStock.com · Authority: 4

    Uranium Resources, Inc. (NASDAQ: URRE) announced this morning that it entered into a private placement based on the closing prices yesterday after the close. While it does not imply that BHP Billiton Ltd. (NYSE: BHP) is part of this, there is a tie in at the end about an existing acquisition that the company is involved in. The company is raising north of $14.3 million in gross proceeds before placement fees. The sale of 3,295,599 shares was placed at $4.34 per share. That represents a 10% discount to the closing price. The company also gave up warrants to purchase 988,680… Read the rest at 24/7 Wall St.