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URRE > SEC Filings for URRE > Form 8-K on 3-Oct-2012All Recent SEC Filings

Show all filings for URANIUM RESOURCES INC /DE/ | Request a Trial to NEW EDGAR Online Pro

Form 8-K for URANIUM RESOURCES INC /DE/


3-Oct-2012

Notice of Delisting or Failure to Satisfy a Continued Listing Rule or


Item 3.01 Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard

(b) On September 28, Uranium Resources, Inc., a Delaware corporation ("URI" or the "Company") notified The NASDAQ Market LLC ("NASDAQ") that following the resignation of Donald C. Ewigleben as URI's President, Chief Executive Officer, Chief Operating Officer and Director and the appointment of board member Terence J. Cryan as Interim President and CEO, each effective as of September 28, 2012, due to Mr. Cryan no longer being considered independent under applicable NASDAQ rules, URI will not be in compliance with NASDAQ Rule 5605(b)(1) as it will no longer have a board of directors comprised of a majority of independent directors as defined in NASDAQ Rule 5605(a)(2). Pursuant to NASDAQ Rule 5605(b)(1)(A), URI intends to regain compliance with the majority independence requirement on or before the earlier of its 2013 annual meeting of shareholders or September 28, 2013. URI also notified NASDAQ that due to Mr. Cryan resigning from the Company's Audit Committee following his appointment as an interim officer of the Company, URI will not be in compliance with NASDAQ Rule 5605(c)(2)(A) as it will no longer have an audit committee comprised of at least three members. Pursuant to NASDAQ Rule 5605(c)(4)(B), URI intends to regain compliance with the audit committee composition requirement on or before the earlier of its 2013 annual meeting of shareholders or September 28, 2013.


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