Westwater Resources Announces Acquisition and Business Update Conference Call
December 15 2017 - 5:38PM
Westwater Resources, Inc. (NASDAQ:WWR) (the
“Company”) will hold a conference call to discuss the
recently announced proposed acquisition of Alabama Graphite Corp.
and to provide a general business update on Tuesday, December 19,
2017 at 4:15 p.m. Eastern Time (2:15 p.m. Mountain Time).
Dial-in
Numbers: |
+1 (800) 319-4610 (U.S.
and Canada) |
|
+1 (604) 638-5340
(International) |
Conference
ID: |
Westwater Resources
Business Update |
Hosting the call will be Christopher M. Jones,
President and Chief Executive Officer of Westwater Resources, who
will be joined by Jeffrey L. Vigil, Vice President-Finance and
Chief Financial Officer. Mr. Jones will present an overview of the
proposed acquisition and provide updates about the Company’s
lithium and uranium projects.
The conference call and presentation will also
be available via a live webcast through the Company’s website,
www.WestwaterResources.net. A replay of the call will be
available on the Company’s website for a limited time and also by
phone using the details below.
Replay
Numbers: |
+1 (855) 669-9658 (U.S.
and Canada) |
|
+1 (412) 317-0088
(International) |
|
Code 1962 followed by
the # sign. |
About Westwater Resources
(WWR)
WWR (formerly Uranium Resources, Inc.) is
focused on developing energy-related minerals. The Company
has developed a dominant land position in three prospective lithium
brine basins in Nevada and Utah in preparation for exploration and
potential development of any resources that may be discovered
there. In addition, WWR remains focused on advancing the
Temrezli in-situ recovery (ISR) uranium project in Central Turkey
when uranium prices permit economic development of this project.
WWR controls extensive exploration properties in Turkey under eight
exploration and operating licenses covering approximately 39,000
acres (16,000 ha) with numerous exploration targets, including the
potential satellite Sefaatli Project, which is 30 miles (48 km)
southwest of the Temrezli Project. In Texas, the Company has two
licensed and currently idled processing facilities and
approximately 11,000 acres (4,400 ha) of prospective ISR uranium
projects. In New Mexico, the Company controls mineral rights
encompassing approximately 186,000 acres (75,000 ha) in the
prolific Grants Mineral Belt, which is one of the largest
concentrations of sandstone-hosted uranium deposits in the world.
Incorporated in 1977, WWR also owns an extensive uranium
information database of historic drill hole logs, assay
certificates, maps and technical reports for the Western United
States.
Furthermore, on December 13, 2017, WWR announced
it had entered into a definitive agreement to acquire Alabama
Graphite Corp. (AGC) (TSXV:CSPG) (OTCQB:CSPGF) pursuant to an
arrangement agreement and plan of arrangement. The primary asset of
AGC is the Coosa graphite project, located across 41,900 acres in
east-central Alabama. Finalization of the acquisition is subject to
shareholder votes, as well as customary regulatory agency and court
approvals. Closing of the acquisition is targeted for the
second quarter of 2018.
Christopher M. Jones, President and CEO 303.531.0480
Jeffrey L. Vigil, VP-Finance and CFO303.531.0481
Email: Info@WestwaterResources.net
Website: www.WestwaterResources.net
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