Ur-Energy (NYSE: URG) ties $50M at-the-market share sales to new S-3
Filing Impact
Filing Sentiment
Form Type
8-K
Rhea-AI Filing Summary
Ur-Energy Inc. has updated its equity distribution arrangements by tying its at-the-market share sales program to a new shelf registration statement on Form S-3, which was declared effective on April 16, 2026.
Through a third amendment to its Amended and Restated At Market Issuance Sales Agreement with B. Riley Securities and Cantor Fitzgerald, the company may now sell up to $50,000,000 of common shares from time to time under the new registration, in addition to amounts previously sold. The company also notes that, for the ATM program, it has relied on an exemption in Section 602.1 of the TSX Company Manual applicable to eligible interlisted issuers.
Positive
- None.
Negative
- None.
8-K Event Classification
2 items: 8.01, 9.01
2 items
Item 8.01
Other Events
Other
Voluntary disclosure of events the company deems important to shareholders but not covered by other items.
Item 9.01
Financial Statements and Exhibits
Exhibits
Financial statements, pro forma financial information, and exhibit attachments filed with this report.
Key Figures
ATM capacity under new S-3: $50,000,000
New S-3 filing date: April 6, 2026
S-3 effectiveness date: April 16, 2026
+1 more
4 metrics
ATM capacity under new S-3
$50,000,000
Maximum common shares the company may sell from time to time under the amended ATM program
New S-3 filing date
April 6, 2026
Date Ur-Energy filed its new registration statement on Form S-3
S-3 effectiveness date
April 16, 2026
Date the new Form S-3 registration statement was declared effective
Amendment No. 3 date
April 16, 2026
Date of third amendment to the Amended and Restated At Market Issuance Sales Agreement
Key Terms
at-the-market program, Amended and Restated At Market Issuance Sales Agreement, prospectus supplement, Form S-3, +1 more
5 terms
at-the-market program financial
"a new prospectus supplement relating to the Company’s existing at-the-market program"
An at-the-market program is a way for a company to sell new shares of its stock gradually over time directly into the stock market, rather than all at once. This approach allows the company to raise money as needed while giving investors the opportunity to buy shares at current market prices. It helps manage the timing and price of new stock offerings, providing flexibility for both the company and investors.
Amended and Restated At Market Issuance Sales Agreement financial
"the Amended and Restated At Market Issuance Sales Agreement, dated June 7, 2021"
prospectus supplement regulatory
"filed a new prospectus supplement relating to the Company’s existing at-the-market program"
A prospectus supplement is an additional document provided alongside a company's main offering details, offering updated or extra information about a specific financial product being sold. It helps investors understand the latest terms, risks, and details of the investment, similar to how an update or revision clarifies or expands on original instructions, ensuring they have current and complete information before making a decision.
Form S-3 regulatory
"filed a new registration statement on Form S-3 (File No. 333-294902)"
Form S-3 is a legal document companies use to register their stock sales with the government, making it easier and faster for them to raise money by selling shares to investors. It’s like having a pre-approved shopping list that lets a company quickly sell new shares when they need funds, without going through a lengthy approval process each time.
TSX Company Manual regulatory
"relied on the exemption described in Section 602.1 of the TSX Company Manual"
The TSX Company Manual is the rulebook published by the Toronto Stock Exchange that spells out the standards companies must meet to list and stay listed, including what information they must disclose, basic governance expectations, and procedures for compliance. Like a building code for homes, it creates consistent safety and transparency standards so investors can compare companies, rely on timely financial reporting, and assess the risks if a company breaks the rules.
FAQ
What did Ur-Energy (URG) announce regarding its at-the-market program?
Ur-Energy updated its at-the-market (ATM) share issuance program by linking it to a new effective Form S-3 registration statement. A third amendment to its sales agreement lets the company continue selling common shares through agents B. Riley Securities and Cantor Fitzgerald on a registered basis.
How much can Ur-Energy (URG) sell under the amended ATM program?
Ur-Energy may sell up to $50,000,000 of common shares under the amended ATM program. These sales are made from time to time through or to B. Riley Securities and Cantor Fitzgerald, in addition to amounts already sold under the prior sales agreement.
Which banks act as agents for Ur-Energy’s updated ATM program?
B. Riley Securities and Cantor Fitzgerald act as agents under Ur-Energy’s amended at-the-market sales agreement. They were parties to the original June 7, 2021 agreement and remain responsible for executing ATM share sales under the new effective Form S-3 registration statement.
What new filing supports Ur-Energy’s ATM program expansion?
Ur-Energy filed a new registration statement on Form S-3, effective April 16, 2026, to support its ATM program. A new prospectus supplement under this S-3 allows continued registered sales of common shares through the amended at-the-market issuance agreement with its sales agents.
How does the TSX treat Ur-Energy’s ATM transactions?
For its ATM program, Ur-Energy has relied on an exemption in Section 602.1 of the TSX Company Manual. This provision states the Toronto Stock Exchange does not apply its standards to certain transactions involving eligible interlisted issuers whose securities trade on a recognized exchange.