On August 18, 2017, the Board of Directors of Uranium Resources, Inc. elected Terence J. Cryan to serve as an independent director of the company, effective immediately. The Board also appointed Mr. Cryan as Chairman of the Board, a position previously held by Christopher M. Jones on an interim basis since March 2016. Mr. Jones will continue to serve as a director of the company, in addition to serving as the company’s President and Chief Executive Officer. Mr. Cryan also joined the Nominating and Corporate Governance Committee and will serve as its Chairman. Mr. Cryan previously served as Chairman of the Board, and Mr. Cryan will receive compensation substantially similar to his prior compensation as Chairman, which is described in the company’s definitive proxy statement filed with the Securities and Exchange Commission on May 16, 2016.