Welcome to our dedicated page for Ur-Energy news (Ticker: URG), a resource for investors and traders seeking the latest updates and insights on Ur-Energy stock.
Ur-Energy Inc. (NYSE American: URG; TSX: URE) is a uranium mining company whose news flow centers on its in situ recovery uranium operations and corporate developments. The company reports that it operates the Lost Creek ISR uranium facility in south-central Wyoming and is advancing development and construction at Shirley Basin, its second ISR uranium facility in Wyoming.
News updates from Ur-Energy commonly include operational and production results from Lost Creek, such as quarterly U3O8 production, sales volumes, inventory levels, and plant optimization activities. The company also issues releases on construction milestones and staffing progress at Shirley Basin, describing work on processing facilities, wellfields, and supporting infrastructure as the project moves toward uranium production.
Investors following URG news will also see capital markets and financing announcements, including offerings of 4.75% Convertible Senior Notes due 2031 and related capped call transactions. These items provide insight into how the company funds project development, exploration programs, and general corporate purposes.
Ur-Energy’s disclosures highlight exploration activities in Wyoming’s Great Divide Basin at projects such as Lost Soldier, North Hadsell, and LC South, where the company describes aquifer test wells and drill programs intended to support potential future mine planning and resource expansion.
Additional news items cover leadership and governance changes, such as executive appointments, planned CEO succession, and changes in legal and finance leadership, as well as participation in industry and investor conferences focused on nuclear fuel and critical minerals. For readers tracking URG, this news page aggregates these operational, financial, and corporate updates in one place for ongoing monitoring of the company’s reported activities.
Ur-Energy Inc. (NYSE American: URG) announced that its Chairman, Jeffrey Klenda, will present at the LD 500 Virtual Conference hosted by LD Micro from September 1-4, 2020. Klenda's presentation is scheduled for September 2, 2020, at 11:40 a.m. ET, where he will discuss the company's operations and provide updates on uranium markets. Investors can register for the event and schedule one-on-one meetings with Klenda. Ur-Energy operates the Lost Creek uranium facility in Wyoming and has produced approximately 2.6 million pounds of U3O8 since operations began.
Ur-Energy Inc. (URG) filed its Form 10-Q for Q2 2020, reporting U3O8 sales of $6.93 million from 167,000 pounds at an average price of $41.50 per pound. The company continues to emphasize its role in U.S. energy security following a Nuclear Fuel Working Group report. With a cash position of $4.1 million and proceeds from a recent direct offering, Ur-Energy aims to optimize operations at its Lost Creek facility. Future production increases are contingent on market conditions and ongoing legislative support for uranium reserves.
Ur-Energy Inc. (NYSE American: URG) announced the closing of a registered direct offering of 9 million common shares and accompanying warrants to purchase 4.5 million common shares at $0.52 per share. The offering generated gross proceeds of $4.68 million. The warrants, exercisable at $0.75 per share, are valid for two years. The funds will support operations and general corporate purposes. This offering was conducted under a shelf registration statement effective since May 27, 2020, with Cantor Fitzgerald & Co. acting as the sole placement agent.
Ur-Energy Inc. (NYSE American: URG) announced a registered direct offering of 9 million common shares at $0.52 each, along with one-half warrants for an additional 4.5 million shares. This offering is expected to generate approximately $4.68 million in gross proceeds, which will be used for sustaining operations, working capital, and general corporate purposes. The warrants are exercisable at $0.75 and expire in two years. Closing is anticipated around August 4, 2020.