FORM 4 |
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940 |
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b). |
1. Name and Address of Reporting Person*
(Street)
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2. Issuer Name and Ticker or Trading Symbol
URANIUM RESOURCES INC /DE/ [ URRE ] |
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
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3. Date of Earliest Transaction
(Month/Day/Year) 12/17/2012 | ||||||||||||||||||||||||||
4. If Amendment, Date of Original Filed
(Month/Day/Year) |
6. Individual or Joint/Group Filing (Check Applicable Line)
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Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned | ||||||||||
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1. Title of Security (Instr. 3) | 2. Transaction Date (Month/Day/Year) | 2A. Deemed Execution Date, if any (Month/Day/Year) | 3. Transaction Code (Instr. 8) | 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) | 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) | 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) | 7. Nature of Indirect Beneficial Ownership (Instr. 4) | |||
Code | V | Amount | (A) or (D) | Price | ||||||
Common Stock | 12/17/2012 | J | 42,883(2)(4) | A | $3.731(4) | 4,501,888(4) | D(1) | |||
Common Stock | 01/10/2013 | J | 4,861(3)(4) | A | $3.428(4) | 4,506,749(4) | D(1) | |||
Common Stock | 03/05/2013 | X | 1,405,655(2) | A | $2.55 | 5,912,404 | D(1) | |||
Common Stock | 03/05/2013 | J | 555,129(2) | A | $2.55 | 6,467,533 | D(1) | |||
Common Stock | 03/05/2013 | J | 26,482(3) | A | $2.9895 | 6,494,015 | D(1) |
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities) | |||||||||||||||
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1. Title of Derivative Security (Instr. 3) | 2. Conversion or Exercise Price of Derivative Security | 3. Transaction Date (Month/Day/Year) | 3A. Deemed Execution Date, if any (Month/Day/Year) | 4. Transaction Code (Instr. 8) | 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) | 6. Date Exercisable and Expiration Date (Month/Day/Year) | 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) | 8. Price of Derivative Security (Instr. 5) | 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) | 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) | 11. Nature of Indirect Beneficial Ownership (Instr. 4) | ||||
Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||||||
Subscription Right (right to buy) | $2.55 | 03/05/2013 | X | 1,405,655 | 02/07/2013 | 02/27/2013 | Common Stock | 1,405,655 | $0 | 0 | D(1) |
1. Name and Address of Reporting Person*
(Street)
Relationship of Reporting Person(s) to Issuer
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1. Name and Address of Reporting Person*
(Street)
Relationship of Reporting Person(s) to Issuer
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1. Name and Address of Reporting Person*
(Street)
Relationship of Reporting Person(s) to Issuer
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Explanation of Responses: |
1. The shares are held by Resource Capital Fund V L.P. ("RCF V"), of which Resource Capital Associates V L.P. is the general partner, and RCA V GP Ltd. is the general partner of Resource Capital Associates V L.P. RCA V GP Ltd. and Resource Capital Associates V L.P. exercise voting and dispositive power over the shares held by RCF V. As a consequence, Resource Capital Associates V L.P. and RCA V GP Ltd. are indirect beneficial owners of the shares pursuant to Rule 16a-1(a)(1) under the Securities Exchange Act of 1934. However, Resource Capital Associates V L.P. and RCA V GP Ltd. disclaim direct or indirect beneficial ownership of the shares to the extent permissible pursuant to Rule 16a-1(a)(2) under the Securities Exchange Act of 1934. |
2. On December 17, 2012, RCF V extended a $5,000,000 bridge loan to the Issuer, and entered into a Standby Purchase Commitment agreeing to subscribe in a proposed rights offering for its Basic Subscription Rights and to exercise its Over-Subscription Privilege to the extent required such that its total subscription price would equal $5,000,000, which amount would be paid through offset of the amount owed under the Bridge Loan. An establishment fee of $160,000 became payable at the closing of the bridge loan on December 17, 2012 which, at the option of RCF V, was payable in shares of common stock, valued at the Market Price (as defined) on November 30, 2012. At the closing of the rights offering on March 5, 2013, RCF V exercised its Basic Subscription Rights to purchase 1,405,655 shares of common stock, and its Over-Subscription Privilege to purchase an additional 555,128 shares of common stock, at the exercise price in the rights offering of $2.55 per share. |
3. In the bridge loan, unless RCF V determined otherwise, interest is payable in shares of Issuer common stock, valued at the Market Price (as defined) on the interest payment date. Two interest payments were made under the bridge loan in shares of common stock. |
4. Share amounts and price have been restated to give effect to a 10:1 reverse stock split completed on January 22, 2013. |
/s/ Ross R. Bhappu, Resource Capital Fund V L.P., By: Resource Capital Associates V L.P, its General Partner, By: RCA V GP Ltd., its General Partner, By: Ross R. Bhappu, Partner and Assistant Secretary | 03/07/2013 | |
/s/ Ross R. Bhappu, Resource Capital Associates V L.P., By: RCA V GP Ltd., its General Partner, By: Ross R. Bhappu, Partner and Assistant Secretary | 03/07/2013 | |
/s/ Ross R. Bhappu, RCA V GP Ltd., By: Ross R. Bhappu, Partner and Assistant Secretary | 03/07/2013 | |
** Signature of Reporting Person | Date | |
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | ||
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v). | ||
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). | ||
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure. | ||
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number. |