Past year: ▼ 66%(41.3c – 1.38 USD)
Each one in plain English, with the numbers worked through for a shareholder.
7 Mar 2019material agreement▲ GoodMajor
Westwater agreed to sell its remaining uranium royalty portfolio -- covering Church Rock/Laramide, Dewey-Burdock, Lance and Roca Honda -- plus the Laramide promissory note, to Uranium Royalty Corp for $2.75 million, continuing to shed its legacy uranium interests.
13 Sept 2018listing compliance notice▼ BadMajor
Nasdaq granted Westwater a second 180-day extension, to March 2019, to fix its stock-price compliance problem.
15 June 2018material agreement termination▼ Bad
Westwater sold Aspire Capital $2.9 million of stock at a discount, terminating the unused $22 million standby facility from the prior year in favor of the smaller, definitive raise.
23 Apr 2018asset acquisition disposition▲ GoodMajor
The Alabama Graphite acquisition closed, issuing 11.6 million new shares; CEO Chris Jones called it a transformational pivot into battery-ready graphite, with pilot-scale production planned for 2019.
13 Mar 2018listing compliance notice▼ BadMajor
Nasdaq again warned Westwater it had traded below $1 for 30 days, restarting the minimum-bid-price compliance clock.
14 Dec 2017business combination▲ GoodMajor
Westwater Resources agreed to acquire Alabama Graphite Corp in an all-stock deal, its first move into battery materials via the Coosa Graphite Project in Alabama.
17 Nov 2017auditor change● Neutral
Auditor Hein & Associates merged into Moss Adams, which took over as Westwater's independent auditor in a routine transition with no disagreements; Hein's 2016 audit had already cleared the going-concern doubt flagged the year before.
27 Sept 2017material agreement● Neutral
Now renamed Westwater Resources, the company signed a new $22 million stock purchase agreement with Aspire Capital, upsizing its prior equity line.
17 Apr 2017material agreement● NeutralMajor
The company set up a $30 million at-the-market stock sale facility with Cantor Fitzgerald, a much larger standing financing option than its prior facilities.
27 Mar 2017farm in farm out agreement▲ GoodMajor
Uranium Resources took a one-year option on mining claims in Nevada's Columbus Salt Marsh, its first move into lithium exploration alongside its uranium business.
16 Feb 2017material agreement● Neutral
The company sold Aspire Capital $4.5 million of stock and warrants, replenishing cash after paying off the RCF loan.
10 Feb 2017listing compliance notice▼ Bad
WESTWATER RESOURCES, INC. withdrew a registration statement, abandoning the offering it covered.
10 Feb 2017material agreement termination▲ GoodMajor
After a special shareholder meeting failed to convene, the company scrapped its Esousa debt-exchange arrangement and paid off Resource Capital Fund's loan facility entirely for $5.5 million cash, ending RCF's five-year run as its primary secured lender.
26 Jan 2017material agreement● Neutral
Uranium Resources amended its debt-for-stock exchange arrangement with creditor Esousa Holdings, setting the conversion rate at 77% of the stock's recent trading price.
19 Jan 2017material agreement▲ GoodMajor
The company raised about $9.7 million in a public offering led by a long-only family office, its largest raise in years, to fund operations and pay down debt.
10 Jan 2017asset acquisition disposition● NeutralMajor
The Laramide sale of Hydro Resources closed on revised, smaller terms -- $2.5 million cash plus stock and a $5 million note, versus the larger deal first announced in 2016 -- while the company kept a royalty and options on two more Laramide properties.
14 Dec 2016capital raising announcement● NeutralMajor
Days later the company raised the new creditor's conversion-price floor from $0.10 to $0.30/share, softening the prior week's dilutive terms, and separately amended its pending Hydro Resources sale to Laramide Resources to drop the requirement that Laramide line up financing first, in exchange for a $250,000 break fee.
6 Dec 2016capital raising announcement▼ BadMajor
With its RCF loan about to come due, the company pushed the maturity to March 2017 at a steep 15% interest rate and brought in a new creditor who bought $2.5 million of that debt and committed to buy $5.5 million more, convertible into stock at a discount as low as $0.10/share - much more dilutive terms than its original RCF debt.
11 Apr 2016material agreement▼ BadMajor
The company replaced Aspire Capital's $10 million standby option with a firm $12 million common-stock purchase agreement, again paying Aspire in stock (240,000 shares) to secure the facility.
8 Apr 2016material agreement● NeutralMajor
Uranium Resources agreed to sell Hydro Resources -- the subsidiary holding its original Crownpoint and Church Rock uranium properties in New Mexico -- to Laramide Resources for $5.25 million cash, a $7.25 million note and options on two Laramide properties, exiting its founding New Mexico project.
4 Apr 2016material agreement▼ Bad
The company sold Aspire Capital $1.2 million of stock and pre-funded warrants in a small direct placement.
4 Feb 2016material agreement▼ BadMajor
Uranium Resources set up an option for Aspire Capital to buy up to $10 million of stock on demand over the next year, paying Aspire 900,000 shares just for agreeing to the standby facility.
18 Dec 2015material agreement▼ Bad
The company raised a modest $0.9 million selling stock at just $0.40 a share, a much lower price than its earlier-2015 financings and a sign of continued cash strain even after closing the Anatolia deal.
9 Nov 2015business combination▲ GoodMajor
The Anatolia Energy merger closed: former Anatolia shareholders received about 20.5 million new shares and ended up owning roughly 41% of the combined company, which began dual-trading on the ASX as CHESS Depositary Interests.
17 Aug 2015listing compliance notice▼ BadMajor
Nasdaq again flagged the stock for trading below $1 for 30 days, restarting the compliance clock less than three years after the last reverse split.
6 Aug 2015asset acquisition disposition▲ GoodMajor
The company sold its Roca Honda uranium project in New Mexico to Energy Fuels for $2.5 million cash, $375,000 in Energy Fuels stock, royalty interests and Church Rock-adjacent claims, raising capital to help fund the pending Anatolia merger.
16 July 2015business combination● Neutral
Management presented the Anatolia merger at an industry conference in Perth; no new terms, though the materials referenced a separate pending asset sale to Energy Fuels.
7 July 2015resource reserve update▲ Good
The company bought a $150,000 historical data set on its Butler Ranch project in South Texas and said it plans to relocate its idle Rosita processing plant to Turkey to cut startup costs for the pending Anatolia/Temrezli project.
26 June 2015material agreement● NeutralMajor
Ahead of the Anatolia merger closing, Uranium Resources agreed to lend Anatolia up to A$2 million as bridge financing, convertible into Anatolia shares if the deal falls through.
4 June 2015business combination▲ GoodMajor
Uranium Resources agreed to acquire Australia's Anatolia Energy in an all-stock merger, gaining the high-grade Temrezli in-situ uranium project in Turkey and adding a planned dual listing on the ASX.
