Ur-Energy SEC Filings

UR-Energy Inc. has a new large-holder ownership disclosure from institutional investors MMCAP International Inc. SPC and MM Asset Management Inc. The filing states they beneficially own 21,511,960 shares of UR-Energy common stock, representing 5.4% of the outstanding class. All of these securities are reported with shared voting and shared dispositive power, and no sole authority to vote or dispose. The investors explain that their beneficial ownership consists of common stock, warrants and a convertible debt instrument linked to UR-Energy shares. They also certify that the position was not acquired, and is not held, for the purpose of changing or influencing control of the company.

Ur-Energy Inc. issued $120.0 million of 4.75% Convertible Senior Notes due 2031 in a private offering to qualified institutional buyers. Net proceeds were approximately $114.8 million, which the company plans to use to pay about $16.6 million for capped call hedges and to fund project development and general corporate purposes.

The unsecured notes pay 4.75% interest semiannually and may be converted into cash, common shares, or a combination at the company’s election. The initial conversion rate is 576.7013 common shares per $1,000 principal amount, implying an initial conversion price of approximately $1.73 per share, a premium of about 27.5% to the last NYSE American trading price before launch. In certain events the conversion rate can increase, and initially up to 88,235,292 common shares may be issued upon conversion. The company also entered capped call transactions with a cap of $2.72 per share, a 100% premium, that are expected generally to offset potential economic dilution or excess cash payments upon conversion up to that level.

Ur-Energy Inc. files an amended report to update details of its new chief executive’s employment terms. The Board previously appointed Matthew Gili, then President, to serve as Chief Executive Officer and President effective December 13, 2025, and has now approved an Amended and Restated Employment Agreement dated December 4, 2025.

The agreement makes Mr. Gili eligible for the same benefit plans as other executives and includes standard non-solicitation and non-disclosure provisions. His annual base salary is set at $500,000 starting December 13, 2025. If the Company terminates him without cause, or if he resigns for good reason within one year after a change in control, he is entitled to a pro-rata discretionary bonus for that year and a lump-sum payment equal to 2.5 years of his base salary, in addition to other amounts already due.

Ur-Energy Inc. reported a planned leadership transition in its legal function. The company announced that Penne A. Goplerud, its General Counsel and Corporate Secretary, will retire effective January 6, 2026. On the same date, David A. (Alex) Ritchie will assume the roles of General Counsel and Corporate Secretary, providing continuity in the company’s legal and corporate governance oversight. The change was disclosed in connection with a press release dated November 25, 2025, which is attached as an exhibit.

Ur-Energy Inc. insider trading report: A company officer reported buying common shares of the uranium producer. The reporting person, identified as the Vice President Finance of Ur-Energy Inc. (URG), purchased 144,000 common shares of the company on 11/20/2025 at a price of $1.27 per share. After this open-market purchase, the officer beneficially owns 144,000 common shares, held directly. This filing discloses the insider’s updated ownership position but does not, by itself, change the company’s operations or financial condition.

UR-Energy Inc. (URG) reported an insider share purchase by its president on a Form 4. On 11/14/2025, the officer acquired 155,000 common shares of UR-Energy at $1.21 per share, according to the filing’s transaction table. Following this transaction, the reporting person beneficially owns 155,000 shares, held directly.

UR‑Energy Inc. (URG): Segra Capital–related filers submitted Amendment No. 3 to Schedule 13G, reporting beneficial ownership of 11,780,972 shares of UR‑Energy common stock, representing 3.1% of the class. The record and direct beneficial owner is Segra Resource Partners, LP; the filing states that Segra Capital Management, LLC, Segra Global Management, LLC, and Adam Rodman may be deemed to beneficially own these securities.

The percentage is based on 376,213,626 shares outstanding as reported in the issuer’s Form 10‑Q filed on November 3, 2025. The filers certify the securities were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control, consistent with passive ownership under Schedule 13G. The filing also notes ownership of 5 percent or less of the class.

Ur‑Energy Inc. (URG) director reported insider transactions. On 11/12/2025, the director exercised 113,914 and 50,000 common share options at US$0.4498 per share (equivalent to C$0.63), then sold 50,000 common shares at US$1.2925 (equivalent to C$1.8102).

Following these transactions, the director directly beneficially owned 541,609 common shares. Derivative holdings (options) decreased, with 336,390 options reported as beneficially owned after the transactions. The options exercised were part of a 213,914‑option grant from 11/13/2020 that vested in three tranches.

Ur‑Energy Inc. (URG) reported an insider transaction by its Board Chairman and CEO. On 11/11/2025, the executive exercised 189,303 options (code M) at $0.4494 per share U.S. equivalent (C$0.63), then sold 189,303 common shares (code S) at $1.2689 U.S. equivalent (C$1.7789).

Following these transactions, the reporting person held 660,968 common shares directly and 862,264 derivative securities directly. The exercised options were originally granted on 11/13/2020 and vested in three equal tranches through 11/13/2023, with an expiration date of 11/13/2025.