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WESTWATER RESOURCES, INC. Director's Dealing 2016

Jan 5, 2016

34414_dirs_2016-01-05_a02ecd3a-c107-4543-99dd-27a54bc912b1.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: URANIUM RESOURCES INC /DE/ (URRE)
CIK: 0000839470
Period of Report: 2015-12-31

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)
Reporting Person: RCF Management L.L.C. (10% Owner)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2015-12-31 Common Stock E 457038 $.44 Acquired 8617646 Direct

Footnotes

F1: Pursuant to the terms of the Loan Agreement dated November 13, 2013 between Uranium Resources, Inc. ("URI") and Resource Capital Fund V L.P. ("RCF V") (as amended, the "Loan Agreement"), at the election of RCF V, 457,038 shares of URI common stock will be issued to RCF V in satisfaction of interest under the Loan Agreement.

F2: 7,911,261 of the shares are held by 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 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. In addition, RCF Management holds an additional 706,385 shares of URI's common stock. RCF Management may be part of a "group" with RCF V, Resource Capital Associates V L.P. and RCA V GP Ltd. (con't in FN3)

F3: (con't from FN2) for purposes of Section 13(d) of the Securities Exchange Act of 1934. Each of RCF V, Resource Capital Associates V L.P. and RCA V GP Ltd. disclaims direct or indirect beneficial ownership of the shares held by RCF Management to the extent permissible pursuant to Rule 16a-1(a)(4) under the Securities Exchange Act of 1934, and RCF Management disclaims direct or indirect beneficial ownership of the shares held by RCF V, Resource Capital Associates V L.P. and RCA V GP Ltd. to the extent permissible pursuant to Rule 16a-1(a)(4) under the Securities Exchange Act of 1934.