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URRE > SEC Filings for URRE > Form 8-K on 17-Jan-2013All 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/


17-Jan-2013

Change in Directors or Principal Officers, Other Events, Financial Sta


Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers

Effective January 16, 2013, Mark K. Wheatley has been appointed as an independent director of Uranium Resources Inc. ("URI"). Mr. Wheatley was nominated by Resource Capital Fund V L.P. ("RCF") as provided by the terms of the Bridge Loan Agreement, dated as of December 17, 2012, among URI, each of its subsidiaries and RCF, whereby RCF has the right to designate two nominees to URI's Board of Directors so long as RCF holds more than 25% of URI's common stock on a partially diluted basis. Mr. Wheatley is the second member of the Board of Directors nominated by RCF after Mr. John Pfahl.

With Mr. Wheatley's appointment, the Company's Board of Directors now consists of five directors, including three independent directors. Mr. Wheatley will also serve on the Company's Audit Committee, increasing the number of members to three. Following Mr. Wheatley's appointment, the Company expects to regain compliance with NASDAQ rules requiring the Board of Directors to be comprised of a majority of independent directors and the Audit Committee to be comprised of at least three independent members.



Item 8.01. Other Events.

On January 16, 2013, the Company issued a press release to announce that Mark K. Wheatley was appointed as an independent director of URI effective January 16, 2013.The press release is filed herewith as Exhibit 99.1 and is incorporated by reference herein.



Item 9.01. Financial Statements and Exhibits

Exhibit No.               Description
99.1          Press Release dated January 16, 2013


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