-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, Oz7L3CGopjsiVUMJ01WuRSb/NbZLs0Wxk2RPDXtB575ytFWsOJxqgFEd78mCKdcC BsmR6g9/2oMv2SNMnXqHgw== 0000930661-03-000316.txt : 20030129 0000930661-03-000316.hdr.sgml : 20030129 20030129161246 ACCESSION NUMBER: 0000930661-03-000316 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20030129 ITEM INFORMATION: Other events ITEM INFORMATION: Financial statements and exhibits FILED AS OF DATE: 20030129 FILER: COMPANY DATA: COMPANY CONFORMED NAME: URANIUM RESOURCES INC /DE/ CENTRAL INDEX KEY: 0000839470 STANDARD INDUSTRIAL CLASSIFICATION: WHOLESALE-METALS, MINERALS (NO PETROLEUM) [5050] IRS NUMBER: 752212772 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-17171 FILM NUMBER: 03530088 BUSINESS ADDRESS: STREET 1: 12750 MERIT DRIVE STREET 2: SUITE 720 CITY: DALLAS STATE: TX ZIP: 75251 BUSINESS PHONE: 9723877777 MAIL ADDRESS: STREET 1: 12750 MERIT DRIVE STREET 2: SUITE 720 CITY: DALLAS STATE: TX ZIP: 75251 8-K 1 d8k.htm FORM 8K Form 8K
 
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
 

 
FORM 8-K
 
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
 
Date of Report (Date of earliest event reported): January 29, 2003
 

 
URANIUM RESOURCES, INC.
(Exact name of registrant as specified in its charter)
 
Delaware
 
0-17171
 
75-2212772
(State or other jurisdiction
of incorporation)
 
(Commission File Number)
 
(I.R.S. Employer
Identification No.)
 
650 South Edmonds, Suite 108, Lewisville, TX
 
75067
(Address of principal executive offices)
 
Zip Code
 
(972) 219-3330
(Registrant’s telephone number, including area code)
 
(Former name or former address, if changed since last report)
 
Exhibit Index Begins on Sequentially Numbered Page 4
 


 
Item 5.    Other Events.
 
DALLAS, January 29, 2003 — In December 2001, Uranium Resources, Inc. (the “Company”) filed an action in the 229th Judicial District Court in Duval County, Texas against certain landowners, seeking a declaration that the Company’s leases for the Vasquez property in South Texas were valid and in effect, based upon, among other things, the Company’s timely payment of shut-in royalties pursuant to the terms of the leases. In February 2002, Everest Exploration, Inc. (“Everest”) intervened in the lawsuit seeking a declaration that the leases were not valid and in effect.
 
On November 26, 2002, the Company filed a Motion for Partial Summary Judgment, requesting the Court to declare that the leases were valid and in effect as a result of the Company’s timely tender of shut-in royalty payments. On December 16, 2002, Everest filed a motion for partial summary judgment requesting the Court to declare that the leases had terminated in February 2000.
 
On January 28, 2003, the Court entered an Order that granted the Company’s Motion and denied Everest’s Motion. The court held that the leases have been properly extended and are valid and in effect and that the leases can continue to be extended by the payment of shut-in royalties. The Order also awarded the Company its attorney’s fees and costs against the landowners and Everest.
 
The Order is not yet a final judgment and likely will not become final until the Court determines the amount of attorney’s fees and until certain remaining claims by the Company are resolved. Until it is final, the Order is subject to challenge by the landowners and Everest in the trial court. After the Order and award of attorney’s fees becomes final, the trial court’s determination can be challenged by the landowners or Everest in the Texas Court of Appeals.
 
Item 7.    Financial Statements and Exhibits
 
(c)    Exhibits.
 
99.1 -    Press Release issued January 29, 2003, by the Registrant.

2


 
SIGNATURES
 
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.
 
       
URANIUM RESOURCES, INC.
Date: January 29, 2002
         
/s/    Paul K. Willmott

           
Paul K. Willmott
President, Chief Executive Officer
and Chairman of the Board of Directors
 

3


 
EXHIBIT INDEX
 
Exhibit No.

  
Exhibit Description

  
Page

99.1
  
Press Release issued January 29, 2003, by the Registrant.
  
E-1
 

4
EX-99.1 3 dex991.htm PRESS RELEASE ISSUED 01/29/2003 Press Release issued 01/29/2003
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
EXHIBIT 99.1
 


 
URANIUM RESOURCES, INC.
 
PRESS RELEASE FOR IMMEDIATE RELEASE
 
DALLAS, TEXAS
JANUARY 29, 2003
     
OTCBB SYMBOL-URIX
 
URANIUM RESOURCES, INC. GRANTED ORDER FOR
SUMMARY JUDGMENT ON VASQUEZ PROPERTY LEASES
 
DALLAS, January 29, 2003 — In December 2001, Uranium Resources, Inc. (the “Company”) filed an action in the 229th Judicial District Court in Duval County, Texas against certain landowners, seeking a declaration that the Company’s leases for the Vasquez property in South Texas were valid and in effect, based upon, among other things, the Company’s timely payment of shut-in royalties pursuant to the terms of the leases. In February 2002, Everest Exploration, Inc. (“Everest”) intervened in the lawsuit seeking a declaration that the leases were not valid and in effect.
 
On November 26, 2002, the Company filed a Motion for Partial Summary Judgment, requesting the Court to declare that the leases were valid and in effect as a result of the Company’s timely tender of shut-in royalty payments. On December 16, 2002, Everest filed a motion for partial summary judgment requesting the Court to declare that the leases had terminated in February 2000.
 
On January 28, 2003, the Court entered an Order that granted the Company’s Motion and denied Everest’s Motion. The court held that the leases have been properly extended and are valid and in effect and that the leases can continue to be extended by the payment of shut-in royalties. The Order also awarded the Company its attorney’s fees and costs against the landowners and Everest.
 
The Order is not yet a final judgment and likely will not become final until the Court determines the amount of attorney’s fees and until certain remaining claims by the Company are resolved. Until it is final, the Order is subject to challenge by the landowners and Everest in the trial court. After the Order and award of attorney’s fees becomes final, the trial court’s determination can be challenged by the landowners or Everest in the Texas Court of Appeals.
 
Uranium Resources, Inc. is a Dallas area based uranium-mining company, whose shares trade on the OTC Bulletin Board under the symbol URIX. The Company specializes in in-situ solution mining and holds substantial uranium mineralization in South Texas and New Mexico.
 
CONTACTS:
 
Paul K. Willmott, President, or
Thomas H. Ehrlich, Vice President—CFO
Uranium Resources, Inc.
(972) 219-3330
                        (30)
       
 
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