5 Uranium Stocks in Focus

Uranium Resources Inc. (NASDAQ: URRE) recently announced that five of its executive officers have established rule 10b5-1 plans to effect the orderly sale of a portion of their holdings of Uranium Resources common stock resulting from deferred compensation that the officers were awarded from 1999 through 2004 and from vesting of restricted shares. The adoption of these plans is a part of these individuals strategy to generate cash to pay taxes and for asset diversification and liquidity. The URI is expected to be relieved of approximately $700,000 in deferred compensation liability. URI engages in acquiring and developing uranium mines in South Texas using the in-situ recovery mining process. Denison Mines Corp. (AMEX: DNN) recently announced the closing of its underwritten private placement of 25 million special warrants of the company for gross proceeds of C$61,250,000 and 1.4 million flow-through special warrants of the company for gross proceeds of C$4,200,000. The company raised aggregate gross proceeds for the company of C$65,450,000. The offering was completed through a syndicate of investment dealers Denison Mines engages in uranium mining and related activities, including acquisition, exploration and development of uranium bearing properties, extraction, processing, selling and reclamation. USEC Inc. (NYSE: USU) recently elected M. Richard Smith to the board, effective January 1, 2011. Smith has nearly 40 years of power industry engineering, construction, project management and M&A experience. USEC is a global energy company is a supplier of low enriched uranium (LEU) for commercial nuclear power plants. Cameco Corporation (USA) (NYSE: CCJ) recently announced the approval of 43% increase in the annual cash dividend to $0.40 from $0.28 per share beginning in 2011. This will be the seventh time Cameco has increased its dividend in nine years. Cameco Corporation engages in the exploration for and the development, mining, refining, conversion and fabrication of uranium for sale as fuel for generating electricity in nuclear power reactors in Canada and other countries. Ur-Energy Inc. (USA) (AMEX: URG) recently announced the receipt of proceeds of C$3.0M from the exercise of 2,400,800 employee stock options that were scheduled to expire on November 17, 2010. These employee stock options were awarded to employees, officers and management on November 17, 2005 at a strike price of $1.25 upon the approval by the company’s board of directors adopting the company’s stock option plan. Ur-Energy is in the business of uranium exploration and development and is currently completing mine planning and permitting activities to bring its Lost Creek Wyoming uranium deposit into production while also planning and permitting a two-million-pounds-per-year in situ uranium processing facility. This corporate profile is provided for information purposes only and should not be used as the basis for any investment decision. We are neither licensed nor qualified to provide investment advice. We were not paid, nor do we hold a position in these stocks. We reserve the right to buy or sell URRE, DNN, USU, CCJ and URG at any time after this post.
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