RE: RE: RE: RE: RE: Nice pop today!!!Yes I do but the company want to get it's house in order first. See the text I've bolded below:
Ur-Energy Announces Withdrawal of Prospectus
3/11/2011 6:15:26 PM - FSC
Littleton, CO March 11, 2011
FSC / Press Release
Ur-Energy Announces Withdrawal of Prospectus
Littleton,CO US, March 11, 2011 /FSC/ -
Ur-Energy Inc. (URE - TSX, URG - NYSE -Amex), has determined that its previously announced short formprospectus offering of common shares will not proceed at this time.
TheCompany filed a preliminary short form prospectus on February 11, 2011and, at that time, the closing of the offering was anticipated to occuron or before March 1, 2011. The Company issued a news release on March2, 2011 to provide an update on the anticipated closing date of theoffering, which was rescheduled for mid-March.
The Company is workingto update its continuous disclosure record, including the preparation ofan updated technical report in accordance with National Instrument43-101. As a result of the delay, the offering will not proceed at thistime. The Company confirmed that, as reported in its interim financialstatements for the period ended September 30, 2010, the Company's cashresources were C$34.7M.
About Ur-Energy
Ur-Energy is ajunior uranium company currently completing mine planning andpermitting activities to bring its Lost Creek Wyoming uranium depositinto production. Permitting also will allow the construction of atwo-million-pounds-per-year in situ uranium processing facility.Engineering for the process facility is complete and mine planning is atan advanced stage for the first two mine units. Ur-Energy engages inthe identification, acquisition and exploration of uranium properties inboth Canada and the United States. Shares of Ur-Energy trade on theToronto Stock Exchange under the symbol "URE" and on the NYSE Amex underthe symbol "URG". Ur-Energy's corporate office is located inLittleton, Colorado; its registered office is in Ottawa, Ontario.Ur-Energy's website is
www.ur-energy.com.
FOR FURTHER INFORMATION, PLEASE CONTACT
Rich Boberg, Director Public Relations
303-269-7707
866-981-4588
rich.boberg@ur-energyusa.com
Bill Boberg, President and CEO
303-269-7755
866-981-4588
bill.boberg@ur-energyusa.com
Thisrelease may contain "forward-looking statements" within the meaning ofapplicable securities laws regarding events or conditions that may occurin the future, including sufficiency of cash to fund capitalrequirements and possible future financial offerings; the sustainabilityand timeline of Lost Creek production, as well as anticipatedcompletion of mine planning and permitting activities and production,the anticipated construction and capacity of an in situ uraniumprocessing facility at Lost Creek, are based on current expectationsthat, while considered reasonable by management at this time, inherentlyinvolve a number of significant business, economic and competitiverisks, uncertainties and contingencies. Factors that could cause actualresults to differ materially from any forward-looking statementsinclude, but are not limited to, disruptions in the financial markets,capital and other costs varying significantly from estimates; failure toestablish estimated resources and reserves; the grade and recovery ofmineralization which is mined varying from estimates; production rates,methods and amounts varying from estimates; delays in obtaining orfailures to obtain required governmental, environmental or other projectapprovals; inflation; changes in exchange rates; fluctuations incommodity prices; delays in development, inability to obtain financingrequired to complete its projects on acceptable terms or at all andother factors. There can be no assurance that forward looking statementswill prove to be accurate and actual results and future events coulddiffer materially from those anticipated in such statements. Readersshould not place undue reliance on forward-looking statements. Theforward-looking statements contained herein are based on the beliefs,expectations and opinions of management as of the date hereof andUr-Energy disclaims any intent or obligation to update them or revisethem to reflect any change in circumstances or in management's beliefs,expectations or opinions that occur in the future, except as required byapplicable securities laws.. Additional risks relating to Ur-Energymay be found in the current and periodic reports filed by Ur-Energy withCanadian securities regulatory authorities on
www.sedar.com and the SECat
https://www.sec.gov/edgar.shtml.
Source: Ur-Energy (TSX - URE)
Maximum News Dissemination by Filing Services Canada Inc.
https://www.usetdas.com