12 Aug 2014securities registration● Neutral
WESTWATER RESOURCES, INC. registered a securities offering with the SEC using its shelf eligibility.
Announcements, explained
Each one in plain English, with the numbers worked through for a shareholder.
8 Aug 2014quarterly activities report▼ Bad
WESTWATER RESOURCES, INC. reported a quarterly net loss of $3.1 million for the period ended 2014-06-30.
8 Aug 2014quarterly activities report▼ Bad
WESTWATER RESOURCES, INC. reported a quarterly net loss of $3.1 million for the period ended 2014-06-30.
2 July 2014securities registration● Neutral
WESTWATER RESOURCES, INC. filed a prospectus supplement for an offering off its existing shelf.
18 June 2014securities registration● Neutral
WESTWATER RESOURCES, INC. registered a securities offering with the SEC using its shelf eligibility.
6 June 2014agm notice● Neutral
WESTWATER RESOURCES, INC. shareholders approved the routine matters put to a vote at the company's annual meeting (director elections, auditor ratification, and the executive-pay advisory vote).
12 May 2014securities registration● Neutral
WESTWATER RESOURCES, INC. filed the final prospectus for a registered offering.
9 May 2014quarterly activities report▼ Bad
WESTWATER RESOURCES, INC. reported a quarterly net loss of $3.5 million for the period ended 2014-03-31.
8 May 2014quarterly activities report▼ Bad
WESTWATER RESOURCES, INC. reported a quarterly net loss of $3.5 million for the period ended 2014-03-31.
7 May 2014substantial holder notice● Neutral
Resource Capital Fund V L.P, Resource Capital Associates V L.P, RCA V GP Ltd reported a WESTWATER RESOURCES, INC. shareholding of 9,755,081 shares (35.00% of votes) in a periodic institutional filing.
30 Apr 2014securities registration● Neutral
WESTWATER RESOURCES, INC. registered a securities offering with the SEC using its shelf eligibility.
30 Apr 2014capital raising announcement▼ BadMajor
Lender RCF cut the size of its 2013 convertible loan facility from $15 million to $8 million but then advanced the full remaining $8 million immediately, convertible into stock at $2.60/share; the company separately settled a lawsuit with its former CFO by issuing him stock.
12 Mar 2014substantial holder notice● Neutral
Neil Gagnon disclosed a new substantial WESTWATER RESOURCES, INC. shareholding (5.34% of votes).
5 Mar 2014material agreement termination▼ BadMajor
With Cameco already gone, Uranium Resources itself terminated the underlying lease option covering the Kenedy County ground, closing out its South Texas exploration push entirely.
14 Feb 2014substantial holder notice● Neutral
Global X Management Company LLC, Bruno del Ama, Jose C. Gonzalez reported a WESTWATER RESOURCES, INC. shareholding of 615,802 shares (3.11% of votes) in a periodic institutional filing.
12 Feb 2014material agreement● Neutral
The company raised about $9.4 million selling 3.96 million shares at $2.60 through a registered direct offering.
7 Feb 2014capital raising announcement● Neutral
The company raised $10.3 million selling 3.96 million shares at $2.60 in a direct offering to institutional investors, on top of its existing small at-the-market stock-sale program with BTIG.
What it means for a shareholder
4.0m new shares at US$2.60 to raise about US$10.3m. That's 17% dilution: every existing holder's slice gets 17% smaller. If you held US$1,000 of shares (385 at the issue price), your slice goes from 0.00194% to 0.00162% of the company. To keep it you'd need 77 more shares - about US$200 at the issue price.
Create a free account to see this worked out for your own holding.
7 Feb 2014securities registration● Neutral
WESTWATER RESOURCES, INC. filed a prospectus supplement for an offering off its existing shelf.
7 Feb 2014substantial holder notice● Neutral
Resource Capital Fund V L.P, Resource Capital Associates V L.P, RCA V GP Ltd reported a WESTWATER RESOURCES, INC. shareholding of 8,555,498 shares (39.10% of votes) in a periodic institutional filing.
7 Feb 2014securities registration● Neutral
WESTWATER RESOURCES, INC. filed a prospectus supplement for an offering off its existing shelf.
16 Jan 2014securities registration● Neutral
WESTWATER RESOURCES, INC. filed the final prospectus for a registered offering.
10 Jan 2014agm notice● Neutral
WESTWATER RESOURCES, INC. announced its upcoming annual shareholder meeting, covering the routine agenda (director elections, auditor ratification, executive-pay advisory vote).
24 Dec 2013agm notice● Neutral
WESTWATER RESOURCES, INC. shareholders approved the routine matters put to a vote at the company's annual meeting (director elections, auditor ratification, and the executive-pay advisory vote).
13 Dec 2013agm notice● Neutral
WESTWATER RESOURCES, INC. shareholders approved the routine matters put to a vote at the company's annual meeting (director elections, auditor ratification, and the executive-pay advisory vote).
5 Dec 2013material agreement termination▼ BadMajor
Cameco walked away from its South Texas exploration joint venture in Kenedy County after the ground failed to produce significant uranium finds, ending the earn-in it had expanded just a year earlier.
19 Nov 2013financial restatement▼ BadMajor
The company said it would restate three years of financials (2010-2012) plus 2013 quarters after the SEC challenged its practice of capitalizing mine-development costs before proven reserves were declared, cutting reported plant and equipment value by about $9 million.
19 Nov 2013debt financing▼ BadMajor
Resource Capital Fund extended a new $15 million secured convertible loan facility, with $3 million drawn immediately, deepening the company's reliance on RCF as both lender and major shareholder.
18 July 2013material agreement termination▲ GoodMajor
Under new CEO Christopher Jones, the company replaced its decade-old uranium supply contract with ITOCHU with better pricing terms, a step toward restarting production in Texas.
2 May 2013securities registration● Neutral
WESTWATER RESOURCES, INC. filed the final prospectus for a registered offering.
30 Apr 2013agm notice● Neutral
WESTWATER RESOURCES, INC. shareholders approved the routine matters put to a vote at the company's annual meeting (director elections, auditor ratification, and the executive-pay advisory vote).