Ur-Energy Inc T.URE

Alternate Symbol(s): URG

Metals & Mining Industrial Metals & Minerals

Ur-Energy Inc. is engaged in uranium mining, recovery and processing activities, including the acquisition, exploration, development and operation of uranium mineral properties in the United States. It is focused on uranium recovery and processing operations, in addition to the exploration for and development of uranium mineral properties. Its land portfolio in Wyoming includes 12 projects. 10 of these projects are in the Great Divide Basin (GDB), Wyoming, including its flagship project, Lost Creek Project. It controls nearly 1,800 unpatented mining claims and three State of Wyoming mineral leases for a total of approximately 35,400 acres at its Lost Creek Property, including the Lost Creek permit area and certain adjoining projects which it refers to as LC East, LC West, LC North, LC South and EN project areas (collectively, with the Lost Creek Project, the Lost Creek Property). Its Wyoming properties together total approximately 48,000 acres and include its Shirley Basin Project.

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Ur-Energy Inc

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Comment by presto10on May 12, 2007 5:42pm

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Post# 12771602

RE: $82 million bought deal finalised today

The best thing about the financing (aside from Management's good timing) is that there were no warrants attached. Management really does deserve a pat on the back. The 'bad' news for them is that this puts even more pressure on them to perform and deliver! I'm sure that they will be more than up to the task.

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