Uranium Resources enters into 1.0m dollar loan agreement

AIM-listed uranium exploration and development company Uranium Resources has entered into a 1.0m dollar loan facility agreement with its major shareholder and strategic investor Estes.

AIM-listed uranium exploration and development company Uranium Resources has entered into a 1.0m dollar loan facility agreement with its major shareholder and strategic investor Estes.

The loan, which is unsecured, available for a period of 18 months and bears interest at LIBOR, will be used to fund working capital requirements, the company said.

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