Resource Capital Funds 1400 Sixteenth Street Denver, Colorado 80202
Exhibit 10.8
Resource Capital Funds
0000 Xxxxxxxxx Xxxxxx
Xxxxxx, Xxxxxxxx 00000
February 9, 2017
Esousa Holdings LLC
Re: Termination of Note Purchase Agreement
To Whom It May Concern:
Resource Capital Fund V L.P. (“RCF V”) and Esousa Holdings LLC (“Esousa”) are parties to a Note Purchase Agreement dated December 5, 2016 (the “Note Purchase Agreement”), pursuant to which RCF V agreed to sell and Esousa agreed to purchase the outstanding principal and interest under a Promissory Note dated November 13, 2013 (the “Note”) issued by Uranium Resources, Inc. (the “Company”) to RCF V. RCF V has been advised by the Company that the Company intends to immediately repay all amounts outstanding under the Note.
Accordingly, RCF V and Xxxxxx hereby agree to terminate the Note Purchase Agreement by mutual consent, including all obligations of RCF V and Esousa relating to the purchase and sale of the Second Installment (as defined in the Note Purchase Agreement) of the Note, effective upon signature by both parties hereto.
Sincerely,
By: Resource Capital Associates V L.P., its general partner
By: RCA V GP Ltd., its general partner
/s/ Xxxxxxxxx X. Xxxxx
Xxxxxxxxx X. Xxxxx, General Counsel
AGREED, AS OF FEBRUARY 9, 2017:
Esousa Holdings LLC
By: /s/ Xxxxxx Xxxxxxxxx
Name: Xxxxxx Xxxxxxxxx
Title: Managing Member