Executive Summary

Uranium Resources plc listed on AIM in 2005 to acquire a portfolio of uranium deposits in Southern Africa and Australia in order to take advantage of the rising demand for uranium. This increased demand is the result of the long-term shift in the energy market that has bought nuclear power back into favour as world demand for clean electricity increases. Uranium Resources has assembled a core management team with a strong track record in both uranium project identification, project development and project financing. Since listing, Uranium Resources has acquired its first uranium prospecting licences covering 2,500 sq km of Tanzania in a highly prospective area for uranium. It continues to explore other opportunities to expand its portfolio.

 

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