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Idaho Strategic Resources Sent Letter to the Board of Westwater Resources Regarding Its Value-Enhancing Business Combination Proposal

Benzinga Real-time News · Jan 25, 2023 07:42

WWR -0.82% IDR +0.32%

Idaho Strategic Resources (NYSE:IDR) ("Idaho Strategic" or "we") today sent the following letter to the Board of Directors (the "Board") of Westwater Resources, Inc. (NYSE:WWR) ("WWR" or "Westwater") regarding its preliminary business combination proposal to acquire all outstanding shares of Westwater at approximately $1.36 per share in IDR stock. *** Terence J. Cryan Executive Chairman 6950 S. Potomac Street, Suite 300 Centennial, Colorado 80112 January 25, 2023 Dear Terence and the other members of the WWR Board of Directors, As you know, on December 15, 2022, we delivered a compelling proposal for Idaho Strategic to combine with WWR to create a unique critical minerals company within the...

Disclaimer: This content is for informational and educational purposes only and does not constitute a recommendation or endorsement of any specific investment or investment strategy. Read more

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