Westwater Resources Announces Conference Call for Q3 2018 Results & Energy Minerals Business Update
November 02 2018 - 8:00AM
Business Wire
Westwater Resources, Inc. (“Westwater,” or the “Company”)
(Nasdaq: WWR), will hold a conference call to discuss its third
quarter 2018 financial results and recent developments on Thursday,
November 8, 2018 at 11:00 a.m. Eastern Time (9:00 a.m. Mountain
Time).
Dial-in Numbers: +1 (800)
319-4610 (U.S. and Canada) +1 (604) 638-5340 (International)
Conference ID: Westwater Resources Conference Call
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 Company’s
business position and provide updates on its graphite, lithium and
uranium businesses. Mr. Vigil will review the financial
results.
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) Replay
Access Code 2716
About Westwater Resources
Westwater is focused on developing energy-related materials. The
Company’s battery-materials projects include the Coosa Graphite
Project — the most advanced natural flake graphite project in
the contiguous United States — and the associated Coosa Graphite
Mine located across 41,900 acres (~17,000 hectares) in east-central
Alabama. In addition, the Company maintains lithium mineral
properties in three prospective lithium brine basins in Nevada and
Utah. Westwater’s uranium projects are located in Texas and New
Mexico. In Texas, the Company has two licensed and currently idled
uranium processing facilities and approximately 11,000 acres
(~4,400 hectares) of prospective in-situ recovery uranium projects.
In New Mexico, the Company controls mineral rights encompassing
approximately 188,700 acres (~76,000 hectares) in the prolific
Grants Mineral Belt, which is one of the largest concentrations of
sandstone-hosted uranium deposits in the world. Incorporated in
1977 as Uranium Resources, Inc., Westwater also owns an extensive
uranium information database of historic drill hole logs, assay
certificates, maps and technical reports for the western United
States. For more information visit www.westwaterresources.net.
Cautionary Statement
This news release contains forward-looking statements within the
meaning of the Private Securities Litigation Reform Act of 1995.
Forward-looking statements are subject to risks, uncertainties and
assumptions and are identified by words such as “expects,”
“estimates,” “projects,” “anticipates,” “believes,” “could,” and
other similar words. All statements addressing events or
developments that WWR expects or anticipates will occur in the
future, including but not limited to statements relating to the
future demand for and price of uranium, the Company’s growth,
developments at the Company’s projects, and the Company’s liquidity
and cash demands, including future capital markets financing and
disposition activities, are forward-looking statements. Because
they are forward-looking, they should be evaluated in light of
important risk factors and uncertainties. These risk factors and
uncertainties include, but are not limited to, (a) the Company’s
ability to successfully integrate Alabama Graphite Corporation’s
business into its own, and the risk that additional analysis of the
Coosa Graphite Project may result in revisions to the findings of
WWR’s initial optimization study; (b) the Company’s ability to
raise additional capital in the future; (c) spot price and
long-term contract price of graphite, lithium and uranium; (d)
risks associated with our domestic operations; (e) operating
conditions at the Company’s projects; (f) government and tribal
regulation of the graphite industry, the lithium industry, the
uranium industry, and the power industry; (g) world-wide graphite,
lithium and uranium supply and demand, including the supply and
demand for lithium-based batteries; (h) maintaining sufficient
financial assurance in the form of sufficiently collateralized
surety instruments; (i) unanticipated geological, processing,
regulatory and legal or other problems the Company may encounter in
the jurisdictions where the Company operates or intends to operate,
including in Alabama, Texas, New Mexico, Utah, and Nevada; (j) the
ability of the Company to enter into and successfully close
acquisitions or other material transactions; (k) the results of the
Company’s lithium brine exploration activities at the Columbus
Basin, Railroad Valley, and Sal Rica projects, and the possibility
that future exploration results may be materially less promising
than initial exploration result; (I) any graphite, lithium or
uranium discoveries not being in high-enough concentration to make
it economic to extract the metals; (m) currently pending or new
litigation or arbitration; and (n) other factors which are more
fully described in the Company’s Annual Report on Form 10-K,
Quarterly Reports on Form 10-Q, and other filings with the
Securities and Exchange Commission. Should one or more of these
risks or uncertainties materialize or should any of the Company’s
underlying assumptions prove incorrect, actual results may vary
materially from those currently anticipated. In addition, undue
reliance should not be placed on the Company’s forward-looking
statements. Except as required by law, the Company disclaims any
obligation to update or publicly announce any revisions to any of
the forward-looking statements contained in this news release. The
results of the initial optimization study are preliminary in nature
and subject to revision following WWR’s further analysis of the
Coosa project.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20181102005263/en/
Westwater ResourcesChristopher M. Jones,
303-531-0480President & CEOorJeff Vigil, 303-531-0481VP Finance
& CFOInfo@WestwaterResources.netorInvestor Relations
Contact:Porter, LeVay and RoseMichael Porter,
212-564-4700Westwater@plrinvest.com
Westwater Resources (NASDAQ:WWR)
Historical Stock Chart
From Mar 2024 to Apr 2024
Westwater Resources (NASDAQ:WWR)
Historical Stock Chart
From Apr 2023 to Apr 2024