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Stock impact report

Westwater Resources acquires Alabama Graphite – Fast Tracking Battery Materials Development in the United States for Sales Worldwide

Westwater Resources, Inc. (WWR) 
Last westwater resources, inc. earnings: 8/8 04:39 pm Check Earnings Report
US:NASDAQ Investor Relations: westwaterresources.net
Company Research Source: GlobeNewswire
CENTENNIAL, Colo., Dec. 13, 2017 (GLOBE NEWSWIRE) -- Westwater Resources, Inc. (Nasdaq:WWR) (“WWR” or “Westwater”), is pleased to announce that it has entered into a definitive agreement to acquire Alabama Graphite Corp. (“AGC” or “Alabama Graphite”) (TSX-V:CSPG) (OTCQB:CSPGF) pursuant to a plan of arrangement under the Business Corporations Act (British Columbia) (the “Acquisition”). Upon completion of the Acquisition, the two companies will be combined to create a larger, more diversified American energy minerals development and exploration business, with the aim of becoming a low-cost producer in the United States of specialized graphite for use in batteries worldwide. The Acquisition is expected to provide significant benefits for both of AGC’s and WWR’s shareholders, including operational efficiencies and improved access to capital.  As a result of this combination, Westwater increases its ability to participate in the value chain of critical materials for the high growth batt Show less Read more
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