URRE, IPI, SSHO, FTR, - DrStockPick.com Stock Report!
Saturday, June 26th, 2010__
Uranium Resources, Inc. (NASDAQ: URRE) (“URI”) announced today that it has closed its underwritten public offering of 23,809,500 shares common stock at a price of $0.42 per share. Net proceeds to the Company, after deducting underwriting discounts and commissions and estimated offering expenses, were approximately $9.05 million. Proceeds will be used for general corporate purposes, which may include making additions to URI’s working capital and funding future acquisitions.
Intrepid Potash, Inc. (“Intrepid”) (NYSE:IPI) is scheduled to release second quarter 2010 financial results after market close on Wednesday, August 4, 2010. The teleconference call to discuss second quarter 2010 results is scheduled for Thursday, August 5, 2010, at 8:00 a.m. MDT (10:00 a.m. EDT). The call participation number is (877) 419-5396. A recording of the conference call will be available two hours after the completion of the call at (800) 642-1687. International participants can dial (706) 902-2295 to take part in the conference call and can access a replay of the call at (706) 645-9291. All of the above calls will require the input of the conference identification number 83725294. The call will also be streamed on the Intrepid website, www.intrepidpotash.com. In addition, the press release announcing second quarter 2010 results will be available on the Intrepid website before the call under “Investor Relations - Press Releases.” An audio recording of the conference call will be available at www.intrepidpotash.com through September 4, 2010.
South Shore Resources Inc. (Pink Sheets: SSHO) welcomes and supports the new national greenhouse gas auto emission and efficiency standards to be implemented in the United States and Canada. The new regulations which were recently announced by both governments aim to cut carbon dioxide emissions from vehicles by 30 percent and increase fuel efficiency by 40 percent over the coming years. South Shore believes these regulations illustrate the environmental and financial merits of the HyProStar Series of Hydrogen Generating Modules and its technology. South Shore also believes that its HyProStar Series of Hydrogen Generating Modules are an obvious aftermarket alternative to Rising Fuel Prices and Harmful Greenhouse Gases. South Shore is now poised to commercialize its HyProStar Hydrogen Generator Hybrid Conversion Kit and bring it to the global market. With over 750 million automobiles currently using combustible engines world wide and the increased pressure to reduce greenhouse gases, the Company is confident that now is the time to aggressively enter this market.
Frontier Communications Corporation (NYSE: FTR) plans to release second-quarter 2010 results on Wednesday, August 4, 2010 before the market opens and to host a conference call that day at 9:00 A.M. Eastern time. During the call, management expects to provide investors with an update on Frontier’s Verizon acquisition, which is expected to close on July 1, 2010.
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