General Moly Files Universal Registration Statement

General Moly (GMO) announced the filing of its $500 million universal Registration Statement, renewing a previously filed Registration Statement set to expire at the end of May 2011. The Registration Statement also covers the resale from time to time of 43,102,408 shares of Common Stock, including 8,256,699 outstanding shares currently owned by ArcelorMittal, a total of 7,075,709 million shares issuable pursuant to outstanding warrants, and approximately 27,770,000 million shares issuable under the Company's existing Stock Purchase Agreement with Hanlong (USA) Mining Investment, Inc..