EX-99 2 ex991.htm QUARTERLY CASHFLOW REPORT Exhibit 99.1

Appendix 5B

Mining exploration entity and oil and gas exploration entity quarterly report




Exhibit 99.1

Rule 5.5

Appendix 5B


Mining exploration entity and oil and gas exploration entity quarterly report

Introduced 01/07/96  Origin Appendix 8  Amended 01/07/97, 01/07/98, 30/09/01, 01/06/10, 17/12/10, 01/05/2013



Name of entity

Uranium Resources, Inc.


ABN

 

Quarter ended (“current quarter”)

ARBN 608 813 949

 

December 31, 2015


Consolidated statement of cash flows



Cash flows related to operating activities

Current quarter

$US’000

Year to date 12 months)

$US’000

1.1

Receipts from product sales and related debtors

 

 

1.2

Payments for

(a)  exploration & evaluation

(b)  development

(c)  production

(d)  administration

(3,800)

(12,281)

1.3

Dividends received

 

 

1.4

Interest and other items of a similar nature received

 

 

1.5

Interest and other costs of finance paid

 

 

1.6

Income taxes paid

 

 

1.7

Other (provide details if material)

 

 

 


Net Operating Cash Flows

(3,800)

(12,281)

 


Cash flows related to investing activities

 

 

1.8

Payment for purchases of:

(a)  prospects

(b)  equity investments

(c)  other fixed assets

(19)

(31)

1.9

Proceeds from sale of:

(a)  prospects

(b)  equity investments

(c)  other fixed assets

 

 2,518

1.10

Loans to other entities

 

(1,283)

1.11

Loans repaid by other entities

 

 

1.12

Other (provide details if material)

 

 

 


Net investing cash flows

(19)

(1,204)

1.13

Total operating and investing cash flows (carried forward)

(3,819)

(13,485)




+ See chapter 19 for defined terms.


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Appendix 5B

Mining exploration entity and oil and gas exploration entity quarterly report





1.13

Total operating and investing cash flows (brought  forward)

(3,819)

(3,485)

 


Cash flows related to financing activities

 

 

1.14

Proceeds from issues of shares, options, etc.

830

6,484

1.15

Proceeds from sale of forfeited shares

 

 

1.16

Proceeds from borrowings

 

 

1.17

Repayment of borrowings

 

 

1.18

Dividends paid

 

 

1.19

Other (provide details if material)

 

(130)

 

Net financing cash flows

830

6,354

 


Net increase (decrease) in cash held

(2,989)

(4,723)

1.20

Cash at beginning of quarter/year to date

3,836

5,570

1.21

Exchange rate adjustments to item 1.20

 

 

1.22

Cash at end of quarter

847

847


Payments to directors of the entity, associates of the directors, related entities of the entity and associates of the related entities


 

Current quarter

$US'000


1.23


Aggregate amount of payments to the parties included in item 1.2

112


1.24


Aggregate amount of loans to the parties included in item 1.10

1,283


1.25


Explanation necessary for an understanding of the transactions


Payments made to directors of the Company

Loan made to Anatolia Energy Limited prior to closing of the Scheme.






Non-cash financing and investing activities


2.1

Details of financing and investing transactions which have had a material effect on consolidated assets and liabilities but did not involve cash flows




+ See chapter 19 for defined terms.


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Appendix 5B

Mining exploration entity and oil and gas exploration entity quarterly report







 

225,071 ordinary fully paid shares issued as payment of $200,000 Q3 interest expense for the Company’s 10% convertible notes.


20,516,696 ordinary fully paid shares issued upon closing of the Scheme with Anatolia Energy Limited.  The exchange rate was 0.06579 Uranium Resources, Inc. shares for 1 Anatolia Energy Limited share.


958,104 ordinary fully paid shares issued as payment of transaction costs for the Scheme.




2.2

Details of outlays made by other entities to establish or increase their share in projects in which the reporting entity has an interest

 






Financing facilities available

Add notes as necessary for an understanding of the position.


 

 

Amount available

$US’000

Amount used

$US’000

3.1

Loan facilities

 

 

3.2

Credit standby arrangements

 

 


Estimated cash outflows for next quarter


 

 

$US’000

4.1

Exploration and evaluation

222

4.2

Development

331

4.3

Production

 

4.4

Administration

1,973

 

Total

2,526


Reconciliation of cash


Reconciliation of cash at the end of the quarter (as shown in the consolidated statement of cash flows) to the related items in the accounts is as follows.

Current quarter

$US’000

Previous quarter

$US’000

5.1

Cash on hand and at bank

847

3,836




+ See chapter 19 for defined terms.


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Mining exploration entity and oil and gas exploration entity quarterly report







5.2

Deposits at call

 

 

5.3

Bank overdraft

 

 

5.4

Other (provide details)

 

 

 

Total: cash at end of quarter (item 1.22)

847

3,836


Changes in interests in mining tenements and petroleum tenements


 

 

Tenement reference and location

Nature of interest

(note (2))

Interest at beginning of quarter

Interest at end of quarter

6.1

Interests in mining tenements and petroleum tenements relinquished, reduced or lapsed


Alta Mesa  

Mineral leases

100%

0%

6.2

Interests in mining tenements and petroleum tenements acquired or increased


Temrezli

Mineral Licenses

0%

100%


Issued and quoted securities at end of current quarter

Description includes rate of interest and any redemption or conversion rights together with prices and dates.


 

Total number

Number quoted

Issue price per security (see note 3) (cents)

Amount paid up per security (see note 3) (cents)

7.1

Preference +securities  (description)

 

 

 

 

7.2

Changes during quarter

(a)  Increases through issues

(b)  Decreases through returns of capital, buy-backs, redemptions

 

 

 

 

7.3

+Ordinary securities

56,192,308

56,192,308

 

 




+ See chapter 19 for defined terms.


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Mining exploration entity and oil and gas exploration entity quarterly report







7.4

Changes during quarter

(a)  Increases through issues

(b)  Decreases through returns of capital, buy-backs

24,252,586

24,252,586

 

 

7.5

+Convertible debt securities (description)

A Class

699,438


Convertible

Debt

3,076,923


Omnibus Restricted Stock Units

392,425

 

 

 

7.6

Changes during quarter

(a)  Increases through issues

(b)  Decreases through securities matured, converted

A Class

699,438


Omnibus Restricted Stock Units

(8,889)

 

 

 

7.7

Options  (description and conversion factor)


3,200,909

2,493,390

66,336

26,562

66,314

66,480

712,419

33,266

199,631

66,694

66,506

10,000

4,500

55,000

5,000

10,000

10,000

10,000

10,000

3,332

20,000

5,000

5,000


3,200,909

Exercise price

$2.08

$1.39

$0.92

$0.92

$0.75

$1.04

$0.58

$1.04

$1.04

$1.39

$0.92

$51.90

$7.30

$2.73

$29.70

$92.50

$113.20

$41.00

$14.90

$17.30

$5.20

$4.20

$2.99

Expiry date

15/06/2017

30/09/2016

06/03/2017

30/11/2017

30/11/2017

02/03/2018

28/11/2018

28/02/2019

30/06/2019

08/10/2019

20/01/2020

08/11/2016

01/04/2020

12/03/2023

03/10/2016

10/04/2017

12/07/2017

04/06/2018

03/06/2019

07/06/2021

27/09/2022

16/01/2023

27/12/2023




+ See chapter 19 for defined terms.


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Appendix 5B

Mining exploration entity and oil and gas exploration entity quarterly report







7.8

Issued during quarter

3,200,909

2,493,390

66,336

26,562

66,314

66,480

712,419

33,266

199,631

66,694

66,506

3,200,909

2.08

$1.39

$0.92

$0.92

$0.75

$1.04

$0.58

$1.04

$1.04

$1.39

$0.92

15/06/2017

30/09/2016

06/03/2017

30/11/2017

30/11/2017

02/03/2018

28/11/2018

28/02/2019

30/06/2019

08/10/2019

20/01/2020

7.9

Exercised during quarter

 

 

 

 

7.10

Expired during quarter

8,750

 

$31.20

06/10/2015

7.11

Debentures

(totals only)

$8,000,000

 

 

 

7.12

Unsecured notes (totals only)

 

 

 

 



Compliance statement


1

This statement has been prepared under accounting policies which comply with accounting standards as defined in the Corporations Act or other standards acceptable to ASX (see note 5).


2

This statement does give a true and fair view of the matters disclosed.


                                         [ex991002.gif]

Sign here:

............................................................

Date: 28 January 2016

(Director)




Print name:

Christopher M. Jones


Notes


1

The quarterly report provides a basis for informing the market how the entity’s activities have been financed for the past quarter and the effect on its cash position.  An entity wanting to disclose additional information is encouraged to do so, in a note or notes attached to this report.


2

The “Nature of interest” (items 6.1 and 6.2) includes options in respect of interests in mining tenements and petroleum tenements acquired, exercised or




+ See chapter 19 for defined terms.


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Appendix 5B

Mining exploration entity and oil and gas exploration entity quarterly report




lapsed during the reporting period.  If the entity is involved in a joint venture agreement and there are conditions precedent which will change its percentage interest in a mining tenement or petroleum tenement, it should disclose the change of percentage interest and conditions precedent in the list required for items 6.1 and 6.2.


3

Issued and quoted securities  The issue price and amount paid up is not required in items 7.1 and 7.3 for fully paid securities.


4

The definitions in, and provisions of, AASB 6: Exploration for and Evaluation of Mineral Resources and AASB 107: Statement of Cash Flows apply to this report.


5

Accounting Standards ASX will accept, for example, the use of International Financial Reporting Standards for foreign entities.  If the standards used do not address a topic, the Australian standard on that topic (if any) must be complied with.


== == == == ==




+ See chapter 19 for defined terms.


01/05/2010

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