Westwater Resources Announces Conference Call for Q1 2019 Results & Energy Minerals Business Update

CENTENNIAL, Colo.–(BUSINESS WIRE)–lt;a href=”https://twitter.com/search?q=%24WWR&src=ctag” target=”_blank”gt;$WWRlt;/agt; lt;a href=”https://twitter.com/hashtag/graphite?src=hash” target=”_blank”gt;#graphitelt;/agt;–Westwater Resources, Inc. (“Westwater,” or the “Company”) (Nasdaq:
WWR),
an energy materials development company, will hold a
conference call to discuss its quarter ended March 31, 2019 financial
results and recent developments on Wednesday, May 8, 2019 at 10:00 a.m.
Eastern Time (8:00 a.m. Mountain Time).

         

Dial-in Numbers:

     

+1 (800) 319-4610 (U.S. and Canada)

+1 (604) 638-5340 (International)

Conference ID:

Westwater Resources Conference Call

Hosting the call will be Christopher M. Jones, President and Chief
Executive Officer of Westwater Resources, who will be joined by Jeffrey
L. Vigil, Vice President-Finance and Chief Financial Officer. Mr. Jones
will present an overview of the Company’s business position and provide
updates on its graphite, lithium and uranium businesses. Mr. Vigil will
review the financial results.

The conference call and presentation will also be available via a live
webcast through the Company’s website, www.WestwaterResources.net.
A replay of the call will be available on the Company’s website for a
limited time and also by phone using the details below.

         

Replay Numbers:

     

+1 (855) 669-9658 (U.S. and Canada)

+1 (412) 317-0088 (International)

Replay Access Code:

3258

About Westwater Resources

WWR is focused on developing energy-related materials. The Company’s
battery-materials projects include the Coosa Graphite Project — the most
advanced natural flake graphite project in the contiguous United States
— and the associated Coosa Graphite Mine located across 41,900 acres
(~17,000 hectares) in east-central Alabama. In addition, the Company
maintains lithium mineral properties in three prospective lithium brine
basins in Nevada and Utah. Westwater’s uranium projects are located in
Texas and New Mexico. In Texas, the Company has two licensed and
currently idled uranium processing facilities and approximately 11,000
acres (~4,400 hectares) of prospective in-situ recovery uranium
projects. In New Mexico, the Company controls mineral rights
encompassing approximately 188,700 acres (~76,000 hectares) in the
prolific Grants Mineral Belt, which is one of the largest concentrations
of sandstone-hosted uranium deposits in the world. Incorporated in 1977
as Uranium Resources, Inc., Westwater also owns an extensive uranium
information database of historic drill hole logs, assay certificates,
maps and technical reports for the western United States. For more
information, visit www.westwaterresources.net.

Cautionary Statement

This news release contains forward-looking statements within the meaning
of the Private Securities Litigation Reform Act of 1995. Forward-looking
statements are subject to risks, uncertainties and assumptions and are
identified by words such as “expects,” “estimates,” “projects,”
“anticipates,” “believes,” “could,” and other similar words. All
statements addressing events or developments that WWR expects or
anticipates will occur in the future, including but not limited to the
future demand for and price of graphite, lithium, vanadium and uranium,
the Company’s growth, developments at the Company’s projects, and the
Company’s liquidity and cash demands, including future capital markets
financing and disposition activities, are forward-looking statements.
Because they are forward-looking, they should be evaluated in light of
important risk factors and uncertainties. These risk factors and
uncertainties include, but are not limited to, (a) the Company’s ability
to successfully integrate Alabama Graphite Corporation’s business into
its own, and the risk that additional analysis of the Coosa Graphite
Project may result in revisions to the findings of WWR’s initial
optimization study; (b) the Company’s ability to raise additional
capital in the future; (c) spot price and long-term contract price of
graphite, lithium, vanadium and uranium; (d) risks associated with our
domestic operations; (e) operating conditions at the Company’s projects;
(f) government and tribal regulation of the graphite industry, the
lithium industry, the vanadium industry, the uranium industry, and the
power industry; (g) world-wide graphite, lithium, vanadium and uranium
supply and demand, including the supply and demand for lithium-based
batteries; (h) maintaining sufficient financial assurance in the form of
sufficiently collateralized surety instruments; (i) unanticipated
geological, processing, regulatory and legal or other problems the
Company may encounter in the jurisdictions where the Company operates or
intends to operate, including in Alabama, Texas, New Mexico, Utah, and
Nevada; (j) the ability of the Company to enter into and successfully
close acquisitions or other material transactions; (k) the results of
the Company’s lithium brine exploration activities at the Columbus
Basin, Railroad Valley, and Sal Rica projects, and the possibility that
future exploration results may be materially less promising than initial
exploration results; (I) any graphite, lithium, vanadium or uranium
discoveries not being in high-enough concentration to make it economic
to extract the metals; (m) currently pending or new litigation or
arbitration; and (n) other factors which are more fully described in the
Company’s Annual Report on Form 10-K, Quarterly Reports on Form 10-Q,
and other filings with the Securities and Exchange Commission. Should
one or more of these risks or uncertainties materialize or should any of
the Company’s underlying assumptions prove incorrect, actual results may
vary materially from those currently anticipated. In addition, undue
reliance should not be placed on the Company’s forward-looking
statements. Except as required by law, the Company disclaims any
obligation to update or publicly announce any revisions to any of the
forward-looking statements contained in this news release. The results
of the initial optimization study are preliminary in nature and subject
to revision following WWR’s further analysis of the Coosa Graphite
Project.

Contacts

Westwater Resources Contact:
Christopher M. Jones, President
& CEO
Phone: 303.531.0480

Jeff Vigil, VP Finance & CFO
Phone: 303.531.0481
Email: Info@WestwaterResources.net

Investor Relations Contact:
Michael Porter
Porter,
LeVay and Rose
Phone: 212.564.4700
Email: Westwater@plrinvest.com

error: Content is protected !!