Uranium Resources (URRE +21.7%) obtains $9M in new surety bonds for the remediation and...

|About: Uranium Resources, Inc. (URRE)|By:, SA News Editor

Uranium Resources (URRE +21.7%) obtains $9M in new surety bonds for the remediation and reclamation of its South Texas projects. The new bonds will require $4.5M in cash collateral and will replace the existing $9M of fully collateralized financial surety instruments; as a result of the lower cash collateral requirement, $4.5M will be released back to URRE.