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Ur-Energy Appoints US Energy and Mining Veteran as Chair of the Board

(Moderate)
(Very Positive)
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Ur-Energy (NYSE American: URG, TSX: URE) announced that independent director Kathy Walker has been appointed Chair of the Board as part of a regular review of leadership and Board responsibilities. She succeeds John Cash, who will remain a director and continue to provide technical, operating and industry expertise as a strategic and technical adviser under a consulting agreement.

Walker has over 40 years of leadership experience across energy, mining and financial industries, has served on Ur-Energy’s Board for eight years, chairs the Compensation Committee and sits on two other committees. According to the company, Cash’s leadership helped guide operational advancement and position Ur-Energy for its next phase of growth.

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Positive

  • Board leadership transition with continuity: New independent Chair Kathy Walker appointed, while former Chair John Cash remains on the Board
  • Retained technical expertise: John Cash to continue as strategic and technical adviser under a consulting agreement
  • Experienced new Chair: Kathy Walker brings 40+ years in energy, mining and financial industries and eight years on Ur-Energy’s Board

Negative

  • None.

News Market Reaction – URG

-1.49%
6 alerts
-1.49% Session close to close
+2.3% Peak in 36 min
$524.48M Market Cap
0.1x Rel. Volume

In the Jul 15 session, URG declined 1.49%, reflecting a mild negative market reaction. Argus tracked a peak move of +2.3% during that session. Our momentum scanner triggered 6 alerts that day, indicating moderate trading interest and price volatility.

Data tracked by StockTitan Argus on the day of publication.

Market Context

This leadership update sits against URG’s record of mostly negative reactions to prior news and a co...
Analysis

This leadership update sits against URG’s record of mostly negative reactions to prior news and a confirmed S-3 shelf allowing up to $300,000,000 in securities, while reported low short-interest implies positioning rather than a squeeze is the key risk to monitor.

Key Figures

Leadership experience: more than 40 years Board tenure: eight years Board committees: two other Board committees
3 metrics
Leadership experience more than 40 years Kathy Walker’s experience across energy, mining and financial industries
Board tenure eight years Kathy Walker’s service as a director of Ur-Energy
Board committees two other Board committees Additional committees on which Kathy Walker serves

Historical Context

5 past events · Latest: Jun 29 (Positive)
Pattern 5 events
Date Event Sentiment 24h Move Catalyst
Jun 29 Operational authorization Positive -2.2% Final WDEQ authorization to transport uranium-loaded resin from Shirley Basin.
Jun 17 Production milestone Positive -5.5% 100th shipment of yellowcake from Lost Creek ISR uranium mine.
Jun 05 Shareholder meeting results Neutral -16.1% AGM voting outcomes, director elections and governance-related resolutions.
May 11 Conference call reminder Neutral +4.6% Reminder of scheduled Q1 2026 conference call and webcast timing.
May 08 Q1 2026 results Neutral -4.4% Release of Q1 2026 uranium production and financial metrics with call announcement.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Pattern Detected

Recent URG news, including operational and governance updates, has often been followed by negative price reactions regardless of generally constructive content.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Kathy Walker Appointed Chair; John Cash to Continue as Director and Strategic & Technical Adviser

CASPER, WY / ACCESS Newswire / July 14, 2026 / Ur-Energy Inc. (NYSE American:URG)(TSX:URE) (the "Company" or "Ur-Energy"), one of the largest domestic producers of uranium in the United States, today announced that, as part of the Board of Directors' regular review of its leadership structure and Board responsibilities, independent director Kathy Walker has been appointed Chair of the Board. Ms. Walker, who brings more than 40 years of leadership experience across the energy, mining and financial industries, succeeds John Cash, who has provided distinguished leadership as Chair and will continue to serve as a director of the Company. Mr. Cash will also continue to contribute his extensive technical, operating and industry expertise as a strategic and technical adviser under a consulting agreement to support the continued growth of the Company's uranium resources and production.

Kathy Walker, Board Chair of Ur-Energy, commented, "I am honored to accept the role of Board Chair for Ur-Energy at such an exciting time for the Company. Thanks to robust uranium fundamentals, energy security, reshoring and our recent production milestones, I believe the growth opportunities in front of us are second to none in the US uranium market."

Walker continued, "On behalf of the entire Board, I want to express our profound appreciation to John for his exceptional leadership and extraordinary service to Ur-Energy. John has brought an uncommon combination of technical expertise, operating experience, sound judgment and deep knowledge of the uranium industry to the role of Chair. His leadership has been instrumental in guiding the Company through an important period of operational advancement and positioning Ur-Energy for its next phase of growth. Just as importantly, John has led with integrity, thoughtfulness and an unwavering commitment to the Company, its people and its shareholders. His contributions have had a lasting impact on Ur-Energy, and I am personally grateful for his guidance and partnership during my eight years on the Board. We look forward to continuing to benefit from his experience, judgment and counsel."

John Cash, director of Ur-Energy, stated, "I would like to personally congratulate Kathy as she moves into the role of Board Chair of Ur-Energy. Her breadth of board leadership experience in the energy and mining sectors will be a great asset to the Board. I look forward to continuing to serve as a director and advancing our Wyoming projects with the Board and the entire team."

"John's leadership as Chair has been exceptional, and his depth of industry knowledge, practical experience and thoughtful counsel have been invaluable to both the Board and management team," commented Matt Gili, President, CEO and director of Ur-Energy. "We are grateful that John will remain actively involved as a director and strategic and technical adviser as we continue to advance our Wyoming operations. Kathy is a natural choice to succeed John as Chair. Her insights, leadership and broad business experience have already added tremendous value to Ur-Energy, and I look forward to working closely with Kathy, John and the entire Board as we execute the Company's strategy."

Kathy Walker has served as a director of Ur-Energy for eight years and currently serves as Chair of the Compensation Committee and as a member of two other Board committees. In addition to senior management roles with corporations such as Utah International, a GE Mining subsidiary, and Agip Coal USA, she has served on the boards of banks, US regional economic development organizations and national industry councils, and she holds an MBA from Xavier University.

About Ur-Energy

Ur-Energy is a US uranium mining company operating the Lost Creek ISR uranium facility in south-central Wyoming, which has produced more than 3.5 million pounds of U₃O₈ since operations began, and the Shirley Basin ISR operation in central Wyoming, where uranium recovery commenced in April 2026. Lost Creek and Shirley Basin have combined annual licensed production and toll-processing capacity of 4.2 million pounds of U₃O₈.

Ur-Energy is engaged in uranium recovery and processing activities, including the acquisition, exploration, development and operation of uranium mineral properties in the United States. Ur-Energy's common shares trade on the NYSE American under the symbol "URG" and on the Toronto Stock Exchange under the symbol "URE." The Company's corporate headquarters is in Casper, Wyoming, and its registered office is in Ottawa, Ontario.

Contact Information

Valerie Kimball
IR Director
Valerie.Kimball@ur-energy.com
720-460-8534

Cautionary Note Regarding Forward-Looking Information

This press release may contain "forward-looking statements" within the meaning of applicable securities laws regarding events or conditions that may occur in the future (e.g., statements regarding the future of the Company and the prospects for the uranium mining industry) and are based on current expectations that, while considered reasonable by management at this time, inherently involve significant business, economic and competitive risks, uncertainties and contingencies. Generally, forward-looking statements can be identified by terminology such as "plans," "expects," "does not expect," "is expected," "is likely," "estimates," "intends," "anticipates," "does not anticipate" or "believes," or variations of such terms, or by statements that certain actions, events or results "may," "could," "might" or "will" be taken, occur, be achieved or have the potential to occur. All statements other than statements of historical fact are forward-looking statements. Forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the Company's actual results, performance or achievements to differ materially from those expressed or implied by such statements. Factors that could cause actual results to differ materially include, but are not limited to, capital and other costs varying significantly from estimates; failure to establish estimated resources and reserves; uranium grades and recoveries varying from estimates; production rates, methods and amounts varying from estimates; delays in obtaining, or failure to obtain, required governmental, environmental or other project approvals; inflation; changes in exchange rates; fluctuations in commodity prices; delays in development; and other factors described in the Company's public filings at www.sedarplus.ca and www.sec.gov. Readers should not place undue reliance on forward-looking statements. The forward-looking statements contained herein are based on management's beliefs, expectations and opinions as of the date of this release. Ur-Energy disclaims any intent or obligation to update or revise such statements to reflect changes in circumstances or in management's beliefs, expectations or opinions, except as required by applicable law.

SOURCE: Ur-Energy Inc.



View the original press release on ACCESS Newswire

FAQ

What board leadership change did Ur-Energy (URG) announce on July 14, 2026?

Ur-Energy announced that independent director Kathy Walker has been appointed Chair of the Board, succeeding John Cash. According to Ur-Energy, Cash will remain a director and continue supporting the company as a strategic and technical adviser under a consulting agreement.

Who is Kathy Walker, the new Chair of Ur-Energy (URG), and what is her background?

Kathy Walker is Ur-Energy’s new Board Chair, with over 40 years of leadership in energy, mining and financial industries. According to Ur-Energy, she previously held senior roles at Utah International and Agip Coal USA and has served on the company’s Board for eight years.

Will former Ur-Energy (URG) Chair John Cash remain involved with the company?

Yes, John Cash will remain a director of Ur-Energy and continue as a strategic and technical adviser under a consulting agreement. According to Ur-Energy, he will support growth of the company’s uranium resources and advancement of its Wyoming projects.

How long has new Chair Kathy Walker served on the Ur-Energy (URG) Board?

Kathy Walker has served as a director of Ur-Energy for eight years before becoming Chair. According to Ur-Energy, she also chairs the Compensation Committee and is a member of two other Board committees, contributing governance and industry expertise.

What experience does Kathy Walker bring to Ur-Energy (URG) as Board Chair?

Kathy Walker brings more than 40 years of leadership experience across energy, mining and financial sectors. According to Ur-Energy, she held senior management positions at Utah International and Agip Coal USA, served on bank and economic development boards, and holds an MBA from Xavier University.

How does Ur-Energy (URG) describe the impact of John Cash’s leadership as Chair?

Ur-Energy credits John Cash’s leadership with guiding the company through an important period of operational advancement. According to Ur-Energy, his technical expertise, industry knowledge and judgment helped position the company for its next phase of growth while maintaining strong commitment to shareholders.