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. reports developments as a domestic uranium producer focused on in-situ recovery projects in Wyoming. Company updates regularly cover production and wellfield activity at Lost Creek, operations at Shirley Basin, U3O8 sales and inventory, technical reports for mineral resources, and exploration or development work in its U.S. uranium portfolio.
News also includes financial results, conference-call releases, regulatory and permitting milestones tied to ISR operations, and capital-structure actions such as convertible senior notes or at-the-market equity programs. The company’s common shares trade as URG on the NYSE American and URE on the Toronto Stock Exchange.
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.