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WESTWATER RESOURCES, INC. — Director's Dealing 2014
Feb 6, 2014
34414_dirs_2014-02-06_f70f0713-2dfa-4ceb-b465-628ddc816888.zip
Director's Dealing
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SEC Form 4/A — Form 4/A
Issuer: URANIUM RESOURCES INC /DE/ (URRE)
CIK: 0000839470
Period of Report: 2014-01-29
Reporting Person: Resource Capital Fund V L.P. (10% Owner)
Reporting Person: Resource Capital Associates V L.P. (10% Owner)
Reporting Person: RCA V GP LTD. (10% Owner)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2014-01-29 | Common Stock | J | 117188 | $2.56 | Acquired | 6611203 | Direct |
| 2014-01-29 | Common Stock | J | 21218 | $2.97 | Acquired | 6632421 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2014-01-29 | Convertible Loan | $2.60 | J | Acquired | 2016-12-31 | Common Stock (1153846) | Direct |
Footnotes
F1: The shares are held by Resource Capital Fund V L.P. ("RCF V"), of which Resource Capital Associates V L.P. is the general partner, and RCA V GP Ltd. is the general partner of Resource Capital Associates V L.P. RCA V GP Ltd. and Resource Capital Associates V L.P. exercise voting and dispositive power over the shares held by RCF V. As a consequence, Resource Capital Associates V L.P. and RCA V GP Ltd. are indirect beneficial owners of the shares pursuant to Rule 16a-1(a)(1) under the Securities Exchange Act of 1934. However, Resource Capital Associates V L.P. and RCA V GP Ltd. disclaim direct or indirect beneficial ownership of the shares to the extent permissible pursuant to Rule 16a-1(a)(4) under the Securities Exchange Act of 1934.
F2: Pursuant to the terms of the Loan Agreement, dated November 13, 2013, between Uranium Resources, Inc. ("URI") and RCF V (the "Loan Agreement"), 117,188 shares of URI common stock will be issued to RCF V in satisfaction of the $300,000 establishment fee under the Loan Agreement following approval of the Loan Agreement by URI's stockholders on January 29, 2014.
F3: Pursuant to the terms of the Loan Agreement, at the election of RCF V, 21,218 shares of URI common stock will be issued to RCF V in satisfaction of interest and a commitment fee under the Loan Agreement.
F4: Following the approval of the Loan Agreement by URI's stockholders on January 29, 2014, RCF V may elect, at any time, to convert amounts drawn under the Loan Agreement (including amounts previously repaid) into shares of URI's common stock at an initial rate of $2.60 per share, which conversion rate is subject to adjustment in certain circumstances.