WESTWATER RESOURCES, INC. — Director's Dealing 2011

Feb 28, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: URANIUM RESOURCES INC /DE/ (URRE)
CIK: 0000839470
Period of Report: 2011-02-25

Reporting Person: EHRLICH THOMAS H (Vice President & CFO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-02-25	Common Stock $0.001 par value (19,736 restricted shares)	M	13050	$0.76	Acquired	234740	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2011-02-25	Stock option (right to buy)	$0.76	M	13050	Disposed	2011-02-28	Common stock (13050)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock $0.001 par value	18	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Stock option (right to buye)	$1.16	2014-06-02	Common stock (375000)	375000	Direct
Stock option (right to buy)	$3.29	2020-12-22	Common stock (25000)	25000	Direct

Footnotes

F1: Indirect ownership as custodian for Sean M Ehrlich.

F2: Stock options granted pursuant to Company's Stock Incentive Plan which can be exercised at $1.16 per share. All shares are fulled vested.

F3: Stock options granted 12/22/2010 pursuant to Company's 2004 Employee Incentive Plan which can be exercised at $3.29 per share. All shares vest 12/22/2011.

F4: Acquisition made pursuant to the exercise and hold of an employee stock option.

F5: Exercise and hold of common shares pursuant to employee stock option plan.