Extract Resources, Ltd. is an Australia-based Company, which engages in the exploration, evaluation, and development of uranium properties in Namibia. The Company primarily holds a 100 percent interest in the Husab Uranium project located to the northeast of Namibias main port, Walvis Bay. It develops the Husab Uranium Project to produce 15 million pounds of U308 a year. It also has a global resource inventory of 513 million pounds of U308. The Company is headquartered in Perth, Australia, with offices in London, Swakopmund and Windhoek, Namibia.