LITTLETON, Colo., March 31, 2014 /CNW/ - Ur-Energy Inc. (TSX:URE, NYSE MKT:URG) ("Ur-Energy" or the "Company") is pleased to announce that James A. Bonner has joined Ur-Energy as the Company's Vice President, Geology. He will
be located in our Casper, Wyoming office.
Mr. Bonner is a Professional Geologist with 23 years in the uranium
exploration and development industry, 3 years in the oil and gas
industry and 13 years in environmental engineering consulting. He comes
to Ur-Energy having most recently served as Vice President of
Exploration for Powertech (USA), Inc. He previously worked as a consulting geologist, was employed as
a Senior Geologist for Gordon Environmental in Albuquerque, NM, and worked for 16 years in uranium exploration for Rocky Mountain
Energy Company throughout the western U.S. Mr. Bonner is a Registered
Professional Geologist and a Certified Professional Geologist, and is a
member of the Geological Society of America, the American Institute of
Professional Geologists and the Society for Mining, Metallurgy and
Exploration. Mr. Bonner received a Bachelor of Science in Geology from
the University of Wyoming.
Wayne Heili, President and CEO of Ur-Energy stated, "We welcome Jim Bonner at this exciting time in Ur-Energy's growth and development. He brings
to the job decades of experience in uranium exploration and development
at a time when we will be developing our new Shirley Basin project and continuing the expansion of the greater Lost Creek
property. This addition will also allow John Cash to focus his expertise in environmental permitting to the ongoing
regulatory efforts at both projects."
John Cash, who has served as Vice President Regulatory Affairs, Exploration and
Geology since 2011, will continue to serve the Company as Vice
President, Regulatory Affairs. He and his staff are currently advancing
amendments to existing Lost Creek permits and licenses to include the
LC East project and the KM horizon for production within existing
permits. His team is also advancing environmental baseline studies and
permitting activities for the Company's Shirley Basin project acquired as part of the Pathfinder Mines Corporation
acquisition in December 2013.
About Ur-Energy
Ur?Energy is a junior uranium mining company operating the Lost Creek
in?situ recovery uranium facility in south-central Wyoming. The Lost Creek processing facility has a two million pounds per year
nameplate capacity with a one million pound annual rate planned from
the mining areas at Lost Creek. Ur?Energy engages in the
identification, acquisition, exploration development, and operation of
uranium projects in the United States and Canada. Shares of Ur?Energy trade on the Toronto Stock Exchange under the
symbol "URE" and on the NYSE MKT under the symbol "URG". Ur?Energy's
corporate office is located in Littleton, Colorado; its registered office is in Ottawa, Ontario. Ur?Energy's website is www.ur-energy.com.
This release may contain "forward-looking statements" within the meaning
of applicable securities laws regarding events or conditions that may
occur in the future and are based on current expectations that, while
considered reasonable by management at this time, inherently involve a
number of significant business, economic and competitive risks,
uncertainties and contingencies (e.g., the ability and timing to complete planned amendments to permits and
licenses at Lost Creek; ability and timing to complete baseline studies
and permitting activities at Shirley Basin). Factors that could cause actual results to differ materially from any
forward-looking statements include, but are not limited to, capital and
other costs varying significantly from estimates; failure to establish
estimated resources and reserves; the grade and recovery of ore which
is mined varying from estimates; production rates, methods and amounts
varying from estimates; delays in obtaining or failures to obtain
required governmental, environmental or other project approvals;
inflation; changes in exchange rates; fluctuations in commodity prices;
delays in development and other factors. Readers should not place undue
reliance on forward-looking statements. The forward-looking statements
contained herein are based on the beliefs, expectations and opinions of
management as of the date hereof and Ur-Energy disclaims any intent or
obligation to update them or revise them to reflect any change in
circumstances or in management's beliefs, expectations or opinions that
occur in the future.
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SOURCE Ur-Energy Inc.
