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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 on March 22, 2004 as a private corporation under the laws of the Province of Ontario and trades on the Toronto Stock Exchange as URE-TSE. On August 7, 2006, Ur-Energy was continued under the laws of Canada.

In the United States, the Company has acquired near-term production uranium properties in Wyoming, a State which has produced well in excess of 200 million pounds of uranium. Presently in Wyoming there are two mining operations and in-situ leach plants in production which are operated by two of the largest uranium producers in the world.

In Canada, the Company has staked claims in two of Canada’s northern Proterozoic Basins; the Thelon and Hornby Bay. While the Athabasca Basin in Saskatchewan is better known and contains 65% of the known future capacity of global uranium production, both the Thelon and the Hornby Basins are highly prospective for unconformity-type uranium deposits, the highest grade uranium deposits known on the planet.

The Company’s current properties in Wyoming contain 43-101 compliant resources in the order of 22 million pounds of uranium plus almost 3 million pounds in the inferred category. Additional potential for discovery exceeds 85 million historical pounds of uranium. Ur-Energy is currently fast tracking its uranium properties and focused on becoming an ISL producer by late 2009, ramping up to full production by late 2010.

Additional properties are in the acquisition stage in both Canada and in Wyoming.