Watson, Farley & Williams, a leading international firm, is pleased to announce that it recently advised Uranium Resources plc on its placing to raise £800,000.

Uranium Resources plc is a uranium exploration and development company listed on the AIM Market of the London Stock Exchange plc with a focus on Tanzania.  The funds raised will be used for general working capital purposes and for the development of the Mtonya Prospect (located in the Selous Basin in southern Tanzania) where the company is currently undertaking a two phase drilling programme.

Jan Mellmann, Head of the International Corporate Group, led the team for Watson, Farley & Williams and was assisted by solicitor Gareth Burge.

Jan Mellmann, Partner and Head of Watson, Farley & Williams International Corporate Group comments:  “We are delighted to have advised Uranium Resources on this latest fundraising, which again demonstrates our ability to combine our strengths in natural resources and capital markets.  We have acted for Uranium Resources on a number of previous transactions and look forward to continuing our relationship with them going forward.”

- end -

For further information, please contact:
Alexandra Quilici
PR Executive
+44 20 7814 8088
aquilici@wfw.com

 Editors’ notes:

1. Watson, Farley & Williams is an international law firm with offices in London, New York, Paris, Hamburg, Munich, Rome, Milan, Madrid, Athens, Piraeus, Singapore and Bangkok. The firm currently has 298 lawyers and over 500 staff.

2. Watson, Farley & Williams is a leading international law firm providing services of high quality and value to clients throughout a range of industry sectors, with particular focus on: Finance & Investment, Maritime, Energy, Natural Resources, Transport, Real Estate and ICT. Lawyers from our international offices work as integrated teams to provide practical, commercially focused legal services. Our locations allow us sufficient geographical spread to be competitive in the global market and to provide consistently high quality legal services to our clients.

All references to ‘Watson, Farley & Williams’ and ‘the firm’ in this document mean Watson, Farley & Williams LLP and/or its affiliated undertakings. Any reference to a 'partner' means a member of Watson, Farley & Williams LLP, or a member or partner in an affiliated undertaking, or an employee or consultant with equivalent standing and qualification