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Stock impact report

Westwater Resources Provides Business Update

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., Jan. 16, 2018 (GLOBE NEWSWIRE) -- Westwater Resources, Inc. (Nasdaq:WWR) (“WWR” or “Westwater”) is pleased to provide an update on its recent business activities. Westwater is pleased to confirm receipt of $1.5 million from Laramide Resources, Ltd., which is the first of three payments to retire the loan obligation that was part of the sale of the Churchrock and Crownpoint uranium properties in New Mexico last year. Westwater received $750,000 in cash and an equivalent amount in Laramide Resources, Ltd. common stock.Westwater has successfully negotiated a reduction in the annual lease payments to La Merced del Pueblo Cebolleta from over $550,000 per year to $350,000 per year for the next three years, improved the royalty structure, and reduced the cost of certain other provisions for the duration of the uranium lease. Presidential Executive Order Westwater expects that the Presidential Executive Order on a Federal Strategy to Ensure Secure and Reliable Supplies Show less Read more
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