About Ur-Energy

Ur-Energy is a dynamic junior mining company focusing on exploration and development of uranium properties in the United States and in Canada. Ur-Energy was incorporated in 2004 and trades on the Toronto Stock Exchange under the symbol URE and on the NYSE: Amex under the symbol URG.

In the United States, the Company’s current Wyoming properties contain NI 43-101 compliant resources on the order of 17.4 million pounds of uranium in the measured and indicated catagory plus 2.6 million pounds in the inferred category. Ur-Energy continues to focus its efforts on the regulatory processes necessary to obtain all required authorizations to mine uranium by in situ recovery methods at the Lost Creek project. The required authorizations include permits and/or licenses from the U.S. Nuclear Regulatory Commission, the Wyoming Department of Environmental Quality (WDEQ), and the U.S. Bureau of Land Management (BLM).  At this time, all of the primary licenses and permits have been issued except for the BLM approval of the Lost Creek Plan of Operations. 

In Canada, the Company’s Screech Lake project is in the Thelon Basin. The Company acquired this project based upon the presence of key geological vectors and encouraging supporting data from 1970s-era exploration work. The property is located in the eastern part of the Northwest Territories. While the Athabasca Basin in Saskatchewan is better known and contains 65% of the known future capacity of global uranium production, the Thelon Basin is highly prospective for unconformity-type uranium deposits, the highest grade known uranium deposits.

Additional properties are in the exploration stage in both Canada and the United States.

Cautionary Note to U.S. Investors:  The terms “mineral resource,” “measured mineral resource,” “indicated mineral resource” and “inferred mineral resource,” as used on our website are Canadian mining terms that are defined in accordance with National Instrument 43-101 – Standards of Disclosure for Mineral Projects (“NI 43-101”). These Canadian terms are not defined terms under United States Securities and Exchange Commission (“SEC”) Industry Guide 7 and are normally not permitted to be used in reports and registration statements filed with the SEC by U.S. registered companies.  The SEC permits U.S. companies, in their filings with the SEC, to disclose only those mineral deposits that a company can economically and legally extract or produce. Accordingly, note that information contained on this website describing the Company’s “mineral resources” is not directly comparable to information made public by U.S. companies subject to reporting requirements under U.S. securities laws.  U.S. investors are urged to consider closely the disclosure in our Form 40-F which may be secured from us, or online at EDGAR or SEDAR.

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