WESTWATER RESOURCES, INC. — Director's Dealing 2007

Dec 20, 2007

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: URANIUM RESOURCES INC /DE/ (URRE)
CIK: 0000839470
Period of Report: 2007-12-20

Reporting Person: ERDAHL LELAND O (Director)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2007-11-01	Stock option (right to buy)	$11.74	A	12000	Acquired	2017-11-01	Common stock (par value $0.001) (12000)	Direct
2007-12-20	Stock option (right to buy)	$11.74	J	12000	Acquired	2007-12-20	Common stock (par value $0.001) (12000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common stock $0.001 par value	375	Direct
Common stock $0.001 par value	205767	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Stock option (right to buy)	$20.00	2007-05-01	Common stock (250)	250	Direct
Stock option (right to buy)	$10.00	2008-06-05	Common stock (250)	250	Direct
Stock Option (right to buy)	$0.16	2013-06-01	Common stock (250)	63	Direct
Stock option (right to buy)	$1.16	2014-06-02	Common stock (75000)	37500	Direct
Stock option (right to purchase)	$1.80	2015-06-01	Common stock (25000)	18750	Direct
Stock option (right to purchase)	$5.15	2016-06-01	Common stock (25000)	25000	Direct
Stock Option (right to buy)	$11.32	2017-07-12	Common Stock (par value $0.001) (50000)	50000	Direct

Footnotes

F1: Shares held indirectly through Erdahl Family Trust.

F2: Option grant vests 1/3 on date of grant, 1/3 on 11/01/08 and 1/3 on 11/01/09.

F3: Options vest 25% one year from grant date, and 25% per year thereafter.

F4: The stock grant made to Mr. Erdahl on 11/1/07 was returned by Mr. Erdahl and rescinded by the Compensation Committee of the Board of directors effective 12/20/07.