TradeTech has increased U3O8 spot prices to an all-time record of US$120 per pound in advance of Monday's startup of on and off-exchange traded uranium futures on the New York Mercantile Exchange, Inc.

This represents an all time record high for spot Uranium.

In other Uranium news, Uranium Resources, Inc. (NASDAQ: URRE), a uranium exploration and mining company with resources in Texas and New Mexico, announced today that it will release its first quarter 2007 financial results after the close of financial markets on May 10, 2007. The company will host a teleconference to discuss the results on May 11, 2007 at 10:00 a.m. ET.