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Will go much farther imo
Uranium Resources Changes its Name to Westwater Resources and Announces New Chairman
CENTENNIAL, Colo., August 21, 2017 – Westwater Resources, Inc. (Nasdaq: WWR; ASX: URI), formerly Uranium Resources, Inc. (Nasdaq: URRE; ASX: URI), an energy metals exploration and development company, is pleased to announce that it has changed its name to Westwater Resources, Inc. to reflect its growing energy metals business. The name change is effective August 21, 2017, and Westwater Resources’ common stock will begin trading on Nasdaq under the new ticker symbol “WWR” at the opening bell on Monday August 21st. Also on August 21, Westwater Resources will submit an application to the ASX for the name change and ticker symbol change to “WWR.”
Christopher M. Jones, President and Chief Executive Officer, said, “As our lithium business grows to support the rising demand for energy storage, we believe that our name and identity needed to reflect this broader market focus. Westwater Resources is now focused on supply for both the power generation and energy storage markets, and is poised to take advantage of green energy power implementation around the world.”
To learn more about Westwater Resources, visit our website at: www.WestwaterResources.net
New Chairman of the Board of Directors
Westwater Resources, Inc. is also pleased to announce that its Board of Directors has unanimously appointed Terence J. Cryan to the Board and elected him as Chairman. Mr. Cryan re-joins the Company's Board having previously served as a Director between October 2006 and March 2016 and as Chairman from June 2014 through March 2016. Mr. Cryan is a Board Leadership Fellow of the National Association of Corporate Directors, and brings over 30 years of international business experience based in both the United States and Europe. Additional details regarding Mr. Cryan’s background can be found on our website.
Mr. Cryan commented after his election, "I am pleased to join the Westwater Resources' Board and to help advance the Company's business interests in both uranium and lithium. I have previously worked with each of the directors and I believe that together with the Company's management team we will continue to increase stockholder value." Concurrent with Mr. Cryan's return to the Company, Christopher M. Jones will step down as Interim Chairman and will continue to serve as the President & Chief Executive Officer of Westwater Resources, Inc.
About Westwater Resources
WWR is focused on expanding its energy metals strategy, which includes developing its new lithium business while maintaining optionality in the case of a future rising uranium price. The Company has developed a dominant land position in three prospective lithium brine basins in Nevada and Utah in preparation for exploration and potential development of any lithium resources that may be discovered there. In addition, WWR remains focused on advancing the Temrezli in-situ recovery (ISR) uranium project in Central Turkey when uranium prices permit economic development of this project. WWR controls extensive exploration properties in Turkey under eight exploration and operating licenses covering approximately 39,000 acres (over 16,000 ha) with numerous exploration targets, including the potential satellite Sefaatli Project, which is 30 miles (48 km) southwest of the Temrezli Project. In Texas, the
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Company has two licensed and currently idled uranium processing facilities and approximately 11,000 acres (4,400 ha) of prospective ISR uranium projects. In New Mexico, the Company controls mineral rights encompassing approximately 186,000 acres (75,300 ha) in the prolific Grants Mineral Belt, which is one of the largest concentrations of sandstone-hosted uranium deposits in the world. Incorporated in 1977, WWR also owns an extensive information database of historic drill hole logs, assay certificates, maps and technical reports for uranium properties located in the Western United States.
Mgt is pig here stay away is best policy imo
Hard to argue
Co did name and ticker change over the weekend. Something big coming imo. PR Monday imo. Giddy up.
Did you listen to the most recent cc? CEO said focus is on lithium for rest of the year. Expect continued news flow on it. You know what that means to the pps. ROCKET coming imo
See Thru is One of the scummiest outfits out there. Them and that outfit out of Canada whose names escapes me right now.
Holding and staying patient. $URRE
Yup. Repeat customers. CEO mentioned about it on call too. Frankly they have so much in the pipeline they don't know how to do it all. Good problem to have imo
Tickets are worthless. There is no show. Never was. Imo
This is the kind of stock that you should marry imo. Co is firing on all cylinders (yeah I know they're not traditional gasoline types lmao) and this is just the start on their strategy and execution side. I'm keeping a close eye on that usps procurement bid they're working on. If they win that contract, look out. Ford or tesla may buy these guys out if they keep carving a space for themselves in the market place. All imo. $WKHS
That must be Marc on the bid lol
Pps here will go below a buck imo. Should call themselves Toxic instead of Tonix lol
$ZSAN CEO confirmed no more dilution or secondary offering. So no overhang on additional equity. Huge news in small bios imo. About 35-40M float with 17% short. CEO said partnership or buyout between now and Q1 2018 when funds run out. Can also extend cash runway beyond that point as needed without doing another raise. Pretty confident guy with great track record imo.
Daily chart below. Very oversold.
Long live TPIV. let's kill that cancer. Everybody knows someone who has been affected by this disease.
I'm sure there is a trade somewhere around the corner here. Watching.
Here's something juicy for ya -
$WKHS Interesting excerpt from today's 10Q. My guess is existing customers $FDX & $UPS and perhaps $AMZN? pic.twitter.com/dWLWG0jhLe
— Concourse Partners (@Concourse_Ptrs) August 9, 2017
Lmao. You're very capable of writing the company PRs imo. Sounds official to me lmao
Hope that is the case but I've seen bad data also sent to publication. Rare but happens.
What do you mean
est -1.04 vs -0.97
The ask here is like bottomless coffee at Waffle House. You keep hitting it and they keep filling your cup. At least their coffee is good. Ummmm. Not too sure about this ticker imo.
No problem. This board is a good group of people. For all your sake I hope this things works out for ya all. $TPIV
Nice. Well let's see. I've been to Tampa, Fort Lauderdale, miami, destin, Clearwater, key west and may be a couple other locations so far. Love the state man. I'll keep your offer in mind. Thank you much!
Well said
Thanks man for the info. I had driven into the keys from Miami last time around with some friends that included my now wife lol. Breathtaking stuff. That place and Hawaii - Kauai especially are some of the most amazing places ever. Makes it all that you do so much worth it imo.
Keys are special man. Want to take wife and kid there one day.
Lmao yeah right. What a clown
Which part you're referring to. Pump or the dump here in her history. Lots of them lol
She is not a buy and hold material. As scammy as they come imo. Hope it works out for you eoy
Maybe just me but I thought this mayo paper has been the focus of conversation the last several days and pretty evident that nobody knows or wants to disclose when data will be published. All imo.
I sold yesterday in whatever that mini run up was. I've learned to not trust this stock. No follow up today as expected. Will keep on watch
Lmao. Should've said hi I'm James. James Bond. Lmfao. Gold boy
Look at the chart. Mgt here is scumbag. I've had several conversations with them over the last several months. Drove the pps into ground. Then RSed. Will likely do that again.
Yeah pump this turd up to $5. I'll be waiting to ride it back down to 80¢
Yeah. Where were you yesterday? Licking your wounds?
Sold +14% for o/n hold. $OWCP
I supported this pos today at low $3s lmao. Keep my shares on light leash. Think this one has double bottomed. If that thesis fails, I'll get out since this can go to low $2s.
Wilson wake up man. Just buy a pump that will be easier than all this science that you cannot keep track of lol
Realistically will P1 results be that big of a deal for the market? End of the day it's just a P1 imo