MERGER OF URANIUM RESOURCES, INC (NASDAQ:URRE) & ANATOLIA ENERGY LIMITED (ASX:AEK) JOINT WEBCAST & CONFERENCE CALL JUNE 3/4, 2015 Creating a new uranium company aiming for a fast-track to high margin uranium production Christopher…
TRANSACTION HIGHLIGHTS Compelling Value Creation for Shareholders of Both Companies Creation of a leading, international uranium developer with high-quality ISR and conventional uranium projects Potential for near-term production…
TRANSACTION SUMMARY Structure Acquisition of Anatolia Energy Limited (Anatolia) by Uranium Resources, Inc. (URI) pursuant to a Scheme of Arrangement, with separate schemes for Anatolia shares, options and performance shares URI to…
BENEFITS FOR ALL SHAREHOLDERS Potential Benefits delivered to Anatolia Shareholders Potential Benefits delivered to URI Shareholders Very significant increase in average daily trading liquidity Faster pathway to commercial uranium…
BENEFITS FOR ALL SHAREHOLDERS Potential Benefits to be Enjoyed by All Shareholders Strong potential synergies between Anatolias Temrezli Project and URIs idle Rosita processing facility, and the value-add that URIs experienced…
ATTRACTIVE OFFER PRICE The offer from Uranium Resources provides Anatolia shareholders with a strong premium to Anatolias trading price 47.3% 47.6% 58.5% Premium Premium Premium 0.12 29.1% Premium 28.5% Premium 0.10 Share…
A STRONGLY SUPPORTED OFFER The merger is strongly supported by the Boards of each of Anatolia and URI, and major shareholders of both companies Anatolia Energy The Board of Anatolia unanimously recommends shareholders vote in favour…
POST-DEAL CAPITALISATION (in US) Post Transaction URI (1) URI Share Price (June 2, 2015) 1.22 Current URI Shares O/S 29,777,989 Shares to be issued to Anatolia 20,377,872 shareholders URI Shares O/S post-transaction 50,155,861…
GEOGRAPHICAL DIVERSIFICATION Geographically Diversified Identical ISR technology in both Texas and Turkey Attractive CAPEX Synergies 12
MERGED ENTITY PROJECT PIPELINE 1. Uranium Resources expects to dismantle and ship the Rosita processing plant equipment, which is currently on standby, to the Temrezli Project for synergistic savings. 2. Roca Honda is pending…
OUTSTANDING LEADERSHIP Christopher M. Jones, Joined in March 2013; more than 30 years of industry experience; licensed Professional Engineer (US and President, CEO and Director Canada) B.S. in Mining Engineering from South Dakota…
STRONG BOARD GOVERNANCE Terence J. Cryan Managing Director at Concert Energy Partners, a New York private equity and investment advisory firm. Chairman Chairman of the Board of Ocean Power Technologies, Inc., and he is a Board Leadership…
TEMREZLI PROJECT Robust Financial Returns 500 90% Free Cash Flow NPV IRR Life of mine 12 years 450 80% 400 70% Annual Production (avg.) 0.8 Mlb U308 350 60% Internal Rate of Return Upfront Capital Cost 41.0M 300 USD…
DEVELOPMENT SYNERGIES URIs Rosita processing plant capable of producing 800,000lb U308 per annum Capital equipment at Rosita that is currently idle may be shipped to Turkey for the Temrezli development, providing potential for…
WHY TURKEY Energy Independence a High Priority Turkish Government supports the Temrezli Project Temrezli is Turkeys only advanced uranium asset 6 th largest economy & largest gold producer in Europe Temrezlis Operation License…
MID TERM ISR POTENTIAL OF TEXAS Acquired ISR projects in South Texas, enhancing mid-term path to production Located near URIs processing plants on standby for restart Prospective roll-front mineralization in sandstones amenable to…
CREATING VALUE FROM LONG-TERM ASSETS LOI with Energy Fuels:1 Divesting Sections 8 and 17 and the Endy Claims at Roca Honda Consideration from Energy Fuels US2.5M cash, US375,000 value in Energy Fuels stock, 4% gross royalty on…
RELATIVE VALUE The combined company provides an attractive investment opportunity (US in millions, except per share Market Inferred lbs numbers) Price Cap Total EV M&I lbs (MM) (MM) Stage Location ISR Producer, Uranium Energy 2.97…
TEMREZLI PFS ROADMAP TO PRODUCTION 2015 2016 PFS Completed Feb 2015 Detailed Engineering & Well Field Design Plant Optimisation Assessment Environmental and Social Impact Assessment Permitting Project Finance & Hedging…
Appendices 24
TEMREZLI PFS OPERATING COSTS Operating Costs (US/lb) Achievement of the forecast operating costs would make Anatolia Well field reclamation 1.00 one of the lowest cost uranium producers globally Site decommissioning 0.25 Low cost…
TEMREZLI PFS CAPITAL COSTS Capital Costs (USM) First uranium production to be achieved through initial capital of EPCM & owner costs 5.0 only US41M Infrastructure 3.4 Costing to be re-evaluated post merger as part of updated Central…
PRO-FORMA RESERVES AND RESOURCES In Place Reserves in South Texas1,2 (at 31 Dec 2014) Grade Recovery Property Short Tons In-Place Pounds (% U3O8 ) Method Footnotes to the Reserves table: 1. The Company estimates a 65% recovery rate…
CONTACTS For more information, contact: Christopher Jones Paul Cronin President and CEO Managing Director Uranium Resources, Inc. Anatolia Energy Limited Tel: 303-531-0470 Phone: +44 7912 351 031 (UK) Phone: +61 428 638 201…