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Second ISR mine enters full operations and begins production ramp-up CASPER, WY / ACCESS Newswire / August 20, 2026 / Ur-Energy Inc. (NYSE American:URG)(TSX:URE) ("Ur-Energy" or the "Company"), America's largest and fastest-growing domestic ISR uranium producer, is pleased to announce that on August 19, 2026, it made the first shipment of uranium from its Shirley Basin mine to its Lost Creek processing plant in Wyoming. Matt Gili, President & CEO of Ur-Energy, stated, "This first shipment is not only the start of full operations at Shirley Basin, it also marks Ur-Energy's transition to a multi-asset, domestic U.S. uranium producer. It is important to note that Shirley Basin moved from construction decision to production in just two and a half years. This is a clear demonstration of our team's ability to progress through permitting, construction, and startup in a highly effective manner. Crucially, this milestone also validates our capital-efficient, hub-and-spoke development model and further strengthens Ur-Energy's position as a leading U.S. uranium producer." With licensed wellfield and toll processing capacity of up to 2.0 million pounds of U3O8 equivalent, Ur-Energy's Shirley Basin mine is the Company's second uranium in-situ recovery ("ISR") operation in Wyoming. As previously announced, initial mining operations commenced at the mine in April 2026. Final authorization to advance to full operations was received from the State of Wyoming Department of Environmental Quality in late June 2026. Shirley Basin is being run as a satellite mine of the Company's Lost Creek hub operation. Lost Creek, which is home to the largest operating ISR mine in the U.S., has a proven and tested facility that has processed and shipped more than 3.5 million pounds of U3O8 to the conversion facility for delivery to the Company's customers. This hub-and-spoke model is the basis of Ur-Energy's growth platform in Wyoming. It avoids duplicative infrastructure, improves capital efficiency, and can be scaled at an accelerated pace. Now that shipments from Shirley Basin to Lost Creek have commenced, the Company will execute on its strategy for ramp-up to full commercial levels, while continuing to advance its other organic growth opportunities in the district. About Ur-Energy Ur-Energy is the largest and fastest-growing ISR uranium mining company in the United States. It owns and operates the Lost Creek ISR uranium facility in south-central Wyoming, which has produced more than 3.5 million pounds of U₃O₈ since operations began, and the Shirley Basin ISR operation in central Wyoming, where uranium recovery commenced in April 2026. Lost Creek and Shirley Basin have combined annual licensed production and toll-processing capacity of 4.2 million pounds of U₃O₈. The Company is also engaged in exploration and development activities at a selection of projects in the Great Divide Basin uranium district. Ur-Energy's common shares trade on the NYSE American under the symbol "URG" and on the Toronto Stock Exchange under the symbol "URE." The Company's corporate headquarters is in Casper, Wyoming, and its registered office is in Ottawa, Ontario. Contact Ur-Energy Investor Relations at:Richard MatthewsPhone: +1 (604) 355-7179Email: info@ur-energy.com Cautionary Statement Regarding Forward-Looking Information This release may contain "forward-looking statements" within the meaning of applicable securities laws regarding events or conditions that may occur in the future (e.g., our ability and the expected or planned timing at Shirley Basin to ramp up and increase production or to
Full Operations at Shirley Basin Positions Ur-Energy as the Largest U.S. ISR Uranium Producer CASPER, WY / ACCESS Newswire / August 10, 2026 / Ur-Energy Inc. (NYSE American:URG)(TSX:URE) ("Ur-Energy" or the "Company"), America's largest and fastest-growing domestic ISR uranium producer, is pleased to announce its financial and operating results, along with development and exploration highlights, for the second quarter ended June 30, 2026. Financial and Operating Highlights New Record for Pounds Drummed: Processed and packaged 140,873 pounds of U₃O₈ during the quarter, an increase of 47.4% over the first quarter of 2026 and 25.7% over the second quarter of 2025, and the most drummed in a calendar quarter since the start of ramp up at Lost Creek in 2022. Continued Increase of Pounds Shipped: Shipped 149,747 pounds of U₃O₈ to the conversion facility during the second quarter, an increase of 44.0% over the first quarter of 2026 and 42.2% over the second quarter of 2025. Delivered on Contracted Sales: Sales for the second quarter under contracted deliveries totaled 215,000 pounds of U₃O₈ as projected, generating $14.4 million in product sales revenue. Continued Low-Cost Production: The cash cost per pound of U₃O₈ sold during the quarter remained low at $40.20, compared to $37.51 for the first quarter of 2026 and $42.83 for the second quarter of 2025. Strong Liquidity: Unrestricted cash and cash equivalents totaled $95.3 million at June 30, 2026. Ending Inventory: Ended the second quarter with 348,292 pounds of finished inventory at the conversion facility, which was a 16.5% decrease from the first quarter of 2026 and 10.4% more than the second quarter of 2025. Matt Gili, President & CEO of Ur-Energy, stated, "The second quarter of 2026 marked an inflection point for Ur-Energy. The continued ramp up at Lost Creek and the commencement of production at Shirley Basin has transformed us into both the largest and the fastest-growing ISR producer of uranium in the United States. We continue to expand our production, our operating costs remain among the lowest in the country, and our organic growth pipeline is advancing at pace." Development and Exploration Highlights Final Regulatory Approval at Shirley Basin: In late June 2026, the Company received final state regulatory authorization to commence full production operations at Shirley Basin, including the transportation of uranium-loaded resin to Lost Creek for processing and shipping. Shirley Basin Ready to Commence Full Operations: All plant infrastructure and processes are in place at Shirley Basin to transport uranium-loaded resin to Lost Creek and launch full production operations only two and a half years after the build out decision. The first shipment is expected imminently. Production Optimization at Lost Creek: Continued to increase flow rates and further increase production, adding header houses, installing a sand filtration system and breaking ground on the planned wastewater treatment facility in July, and advancing initiatives to optimize wellfield chemistry. Rapid Progress on Near-Mine Exploration: Completed test well clusters and began baseline environmental studies at Lost Soldier in anticipation of potential permitting as a satellite mine feeding Lost Creek. Also commenced planning and preparations for a 120-hole exploration drilling program at Lost Creek South - a highly prospective, under explo
CASPER, WY / ACCESS Newswire / August 5, 2026 / Ur-Energy Inc. (NYSE American:URG)(TSX:URE) ("Ur-Energy" or the "Company"), America's largest and fastest-growing domestic ISR uranium producer, is pleased to announce that it will release its financial and operating results, along with development and exploration highlights, for the second quarter ended June 30, 2026, after the market closes on Monday, August 10, 2026. Management will hold a conference call and audio webcast to discuss the quarterly highlights followed by a question-and-answer session with participants. The details are as follows: Date: Tuesday, August 11, 2026 Time: 11:00 a.m. ET (8:00 a.m. PT) Webcast URL: https://www.webcaster5.com/Webcast/Page/2307/54392 To Join the Conference Call by Phone: Toll Free: 877-545-0523 International: 973-528-0016 Participant Access Code: 860447 Conference Call Replay: Toll Free: 877-481-4010 International: 919-882-2331 Replay Passcode: 54392 About Ur-Energy Ur-Energy is the largest and fastest-growing ISR uranium mining company in the United States. It owns and operates the Lost Creek ISR uranium facility in south-central Wyoming, which has produced more than 3.5 million pounds of U₃O₈ since operations began, and the Shirley Basin ISR operation in central Wyoming, where uranium recovery commenced in April 2026. Lost Creek and Shirley Basin have combined annual licensed production and toll-processing capacity of 4.2 million pounds of U₃O₈. The Company is also engaged in exploration and development activities at a selection of highly prospective projects in the Great Divide Basin uranium district. Ur-Energy's common shares trade on the NYSE American under the symbol "URG" and on the Toronto Stock Exchange under the symbol "URE." The Company's corporate headquarters is in Casper, Wyoming, and its registered office is in Ottawa, Ontario. Contact Ur-Energy Investor Relations at: Richard MatthewsPhone: +1 (604) 355-7179Email: info@ur-energy.com SOURCE: Ur-Energy Inc. View the original press release on ACCESS Newswire
Kathy Walker Appointed Chair; John Cash to Continue as Director and Strategic & Technical Adviser CASPER, WY / ACCESS Newswire / July 14, 2026 / Ur-Energy Inc. (NYSE American:URG)(TSX:URE) (the "Company" or "Ur-Energy"), one of the largest domestic producers of uranium in the United States, today announced that, as part of the Board of Directors' regular review of its leadership structure and Board responsibilities, independent director Kathy Walker has been appointed Chair of the Board. Ms. Walker, who brings more than 40 years of leadership experience across the energy, mining and financial industries, succeeds John Cash, who has provided distinguished leadership as Chair and will continue to serve as a director of the Company. Mr. Cash will also continue to contribute his extensive technical, operating and industry expertise as a strategic and technical adviser under a consulting agreement to support the continued growth of the Company's uranium resources and production. Kathy Walker, Board Chair of Ur-Energy, commented, "I am honored to accept the role of Board Chair for Ur-Energy at such an exciting time for the Company. Thanks to robust uranium fundamentals, energy security, reshoring and our recent production milestones, I believe the growth opportunities in front of us are second to none in the US uranium market." Walker continued, "On behalf of the entire Board, I want to express our profound appreciation to John for his exceptional leadership and extraordinary service to Ur-Energy. John has brought an uncommon combination of technical expertise, operating experience, sound judgment and deep knowledge of the uranium industry to the role of Chair. His leadership has been instrumental in guiding the Company through an important period of operational advancement and positioning Ur-Energy for its next phase of growth. Just as importantly, John has led with integrity, thoughtfulness and an unwavering commitment to the Company, its people and its shareholders. His contributions have had a lasting impact on Ur-Energy, and I am personally grateful for his guidance and partnership during my eight years on the Board. We look forward to continuing to benefit from his experience, judgment and counsel." John Cash, director of Ur-Energy, stated, "I would like to personally congratulate Kathy as she moves into the role of Board Chair of Ur-Energy. Her breadth of board leadership experience in the energy and mining sectors will be a great asset to the Board. I look forward to continuing to serve as a director and advancing our Wyoming projects with the Board and the entire team." "John's leadership as Chair has been exceptional, and his depth of industry knowledge, practical experience and thoughtful counsel have been invaluable to both the Board and management team," commented Matt Gili, President, CEO and director of Ur-Energy. "We are grateful that John will remain actively involved as a director and strategic and technical adviser as we continue to advance our Wyoming operations. Kathy is a natural choice to succeed John as Chair. Her insights, leadership and broad business experience have already added tremendous value to Ur-Energy, and I look forward to working closely with Kathy, John and the entire Board as we execute the Company's strategy." Kathy Walker has served as a director of Ur-Energy for eight years and currently serves as Chair of the Compensation Committee and as a member of two other Board committees. In addition to senior management roles with corporations such as Utah International, a GE Mining subsidiary, and Agip Coal USA, she has served on the boards of banks, US regional economic development organizations and national industry councils, and she holds an MBA from Xavier University. About U
CASPER, WY / ACCESS Newswire / June 29, 2026 / Ur-Energy Inc. (NYSE American:URG)(TSX:URE) (the "Company" or "Ur-Energy"), a domestic uranium producer with ISR projects that are among the largest and lowest-cost in the United States, is pleased to announce a significant regulatory milestone for its Shirley Basin Project. The Company has received final authorization from the Wyoming Department of Environmental Quality (WDEQ) Uranium Recovery Program (URP) to advance from limited operations to full-scale uranium in situ recovery (ISR) operations, including transport of uranium-loaded resin from its Shirley Basin ISR mine to the Company's Lost Creek processing facility. The authorization follows a comprehensive preoperational inspection conducted by WDEQ staff pursuant to Radioactive Materials License WYSUA-2010. The WDEQ verified that all required safety systems, operating procedures, staffing, radiation safety programs and environmental monitoring programs were sufficient for safe operations and protective of human health and the environment. Uranium recovery operations commenced at Shirley Basin in April 2026, and to date, an estimated 10,500 pounds of uranium have been loaded onto resin. Shipments of loaded resin to Lost Creek will commence in the coming weeks as wellfield flow rates are steadily increased to full commercial levels. Integrated Satellite Production Strategy The authorization advances Shirley Basin into full wellfield recovery operations and enables uranium-loaded resin to be transported to Lost Creek for final processing and recovery. By leveraging Lost Creek's established central processing plant for elution, precipitation, drying and drumming, Ur-Energy avoids duplicative infrastructure, improves capital efficiency and supports the scalable ramp-up of its second ISR operation. Matthew Gili, President and CEO, commented: "Receiving this regulatory authorization is a pivotal milestone for both Shirley Basin and Ur-Energy. It advances Shirley Basin from development into an active uranium-producing operation and strengthens our position as a reliable domestic producer with two operating ISR assets. Our teams have worked diligently to meet the highest standards of safety and environmental compliance, and we are excited to begin transporting uranium-loaded resin to Lost Creek as we expand production to help meet growing demand for U.S. uranium." About Ur-Energy Ur-Energy is a uranium mining company operating the Lost Creek ISR uranium facility in south-central Wyoming, which has produced more than 3.5 million pounds of U₃O₈ since operations began, and the Shirley Basin ISR operation in central Wyoming, where uranium recovery commenced in April 2026. Lost Creek and Shirley Basin have combined annual licensed production and toll-processing capacity of 4.2 million pounds of U₃O₈. Ur-Energy is engaged in uranium recovery and processing activities, including the acquisition, exploration, development and operation of uranium mineral properties in the United States. Ur-Energy's common shares trade on the NYSE American under the symbol "URG" and on the Toronto Stock Exchange under the symbol "URE." The Company's corporate headquarters is in Casper, Wyoming, and its registered office is in Ottawa, Ontario. Contact Information Valerie KimballIR DirectorValerie.Kimball@ur-energy.com720-460-8534 Cautionary Note Regarding Forward-Looking Information This press release may contain "forward-looking statements" within the meaning of applicable securities laws regarding events or conditions that may occur in the future (e.g., statements regarding the timing and commencement of uranium-lo
Cumulative Production Surpasses 3.5 Million Pounds U₃O₈, Reinforcing Leadership in Secure U.S. Uranium Supply CASPER, WY / ACCESS Newswire / June 17, 2026 / Ur-Energy Inc. (NYSE American:URG)(TSX:URE) (the "Company" or "Ur-Energy"), a domestic uranium producer with ISR projects that are among the largest and lowest-cost in the United States, is pleased to announce the completion of its 100th shipment of U₃O₈ uranium concentrate (yellowcake) from its flagship Lost Creek ISR facility in Wyoming. The milestone shipment departed the Lost Creek Plant on June 11, 2026, and brings Ur-Energy's total pounds of U₃O₈ shipped to over 3.5 million since operations began in 2013. The 100th shipment marks more than a decade of safe, reliable U.S. uranium production and underscores Ur-Energy's established role in supporting the domestic nuclear fuel supply chain. Ur-Energy employees commemorate the 100th shipment of yellowcake from the Lost Creek ISR facility on June 11, 2026 Steve Hatten, Chief Operating Officer, commented: "Achieving our 100th shipment is a powerful testament to the operational excellence and consistency of our team at Lost Creek. For more than a decade, this facility has proven the efficiency and reliability of our ISR platform. Delivering more than 3.5 million pounds into the supply chain isn't just a historical milestone; it establishes the operational blueprint we are now executing to drive production growth across our portfolio." Lost Creek remains the cornerstone of Ur-Energy's production strategy. With the Company's second ISR uranium facility, Shirley Basin, having successfully initiated operations in April 2026, Ur-Energy is uniquely positioned to scale production to support the expanding demand for secure, domestic nuclear fuel. About Ur-Energy Ur-Energy is a uranium mining company operating the Lost Creek ISR uranium facility in south-central Wyoming, which has produced more than 3.5 million pounds of U₃O₈ since the commencement of operations, and the Shirley Basin ISR project in central Wyoming, which initiated operations in April 2026. The combined total annual licensed production and toll processing capacity of Lost Creek and Shirley Basin is 4.2 million pounds U₃O₈. Ur-Energy is engaged in uranium recovery and processing activities, including the acquisition, exploration, development, and operation of uranium mineral properties in the United States. The primary trading market for Ur-Energy's common shares is on the NYSE American under the symbol "URG." Ur-Energy's common shares also trade on the Toronto Stock Exchange under the symbol "URE." Ur-Energy's corporate headquarters is in Casper, Wyoming and its registered office is in Ottawa, Ontario. Contact Information Valerie KimballIR DirectorValerie.kimball@ur-energy.com720-460-8534 Cautionary Note Regarding Forward-Looking Information This press release may contain "forward-looking statements" within the meaning of applicable securities laws regarding events or conditions that may occur in the future (e.g., statements regarding the Company's future production growth, advancement of operations at Shirley Basin, and in supporting the U.S. uranium supply chain, and the future demand for domestic nuclear fuel) and are based on current expectations
CASPER, WY / ACCESS Newswire / June 5, 2026 / Ur-Energy Inc. (NYSE American:URG)(TSX:URE) (the "Company," "Ur-Energy" or "we"), a domestic uranium producer with ISR projects that are among the largest and lowest-cost in the United States, is pleased to announce the results of the Company's Annual General and Special Meeting of Shareholders held June 4, 2026, including the election of directors. Shareholders representing approximately 70.84% of the Company's issued and outstanding common shares were represented at the meeting. Each of the nominee directors listed in the Company's management proxy circular dated April 24, 2026, was elected as a director. The Company received proxies with regard to voting on the eight director nominees as follows: Nominee Votes For % Votes Against % Non-Votes John W. Cash 205,087,421 98.14 3,877,398 1.86 72,507,195 Rob Chang 2
CASPER, WY / ACCESS Newswire / May 11, 2026 / Ur-Energy Inc. (NYSE American:URG)(TSX:URE) (the "Company," "Ur-Energy" or "we"), a domestic uranium producer with ISR projects that are among the largest and lowest-cost in the United States, reminds shareholders and interested parties of the Company's First Quarter 2026 Conference Call and Webcast. Q1 2026 Conference Call and Webcast: 1:00 PM Eastern, 11:00 AM Mountain on May 11, 2026 Audience Webcast URL: https://www.webcaster5.com/Webcast/Page/2307/53995 To Join the Conference Call by Phone:Toll Free: 888-506-0062International: 973-528-0011Participant Access Code: 274819 Conference Call Replay:Toll Free: 877-481-4010International: 919-882-2331Replay Passcode: 53995 About Ur-Energy Ur-Energy is a uranium mining company operating the Lost Creek ISR uranium facility in south-central Wyoming, which has produced more than 3.5 million pounds of U₃O₈ since the commencement of operations, and the Shirley Basin ISR project in central Wyoming, which initiated operations in April 2026. The combined total annual licensed production and toll processing capacity of Lost Creek and Shirley Basin is 4.2 million pounds U₃O₈. Ur-Energy is engaged in uranium recovery and processing activities, including the acquisition, exploration, development, and operation of uranium mineral properties in the United States. The primary trading market for Ur-Energy's common shares is on the NYSE American under the symbol "URG." Ur-Energy's common shares also trade on the Toronto Stock Exchange under the symbol "URE." Ur-Energy's corporate headquarters is in Casper, Wyoming and its registered office is in Ottawa, Ontario. Contact InformationValerie KimballIR DirectorValerie.kimball@ur-energy.com720-460-8534 SOURCE: Ur-Energy Inc. View the original press release on ACCESS Newswire
CASPER, WY / ACCESS Newswire / May 8, 2026 / Ur-Energy Inc. (NYSE American:URG)(TSX:URE) (the "Company," "Ur-Energy" or "we"), a domestic uranium producer with ISR projects that are among the largest and lowest-cost in the United States, is pleased to announce its financial and operational results for the first quarter ended March 31, 2026. The Company will host a conference call and webcast on Monday, May 11. Details are provided below. First Quarter 2026 Financial and Operating Results Lost Creek Operations: Pounds Captured: We captured 110,314 pounds of U₃O₈, a 41% increase over Q4 2025 and a 48% increase over Q1 2025, reflecting improved flow rates following plant modifications and repairs. Production: We dried and packaged 95,599 pounds and shipped 103,956 pounds of U₃O₈. Inventory: We ended the quarter with 417,231 pounds of finished inventory at the conversion facility. This represents a 14% increase over Q4 2025 and a 13% increase over Q1 2025. Financial Performance Contracted Sales: We sold 55,000 produced pounds of U₃O₈ as anticipated, generating $3.9 million in revenue, with a majority of our 2026 deliveries scheduled for the latter part of the year to complement the ramp-up and start-up schedules of Lost Creek and Shirley Basin. Increased U3O8 Sales Price: The average price per pound sold during Q1 2026 of $70.98 was $7.78 higher than Q4 2025, driven by deliveries under contracts negotiated in 2024 that contain a more favorable mix of base-escalated and market-based pricing. Lower Production Costs: The cash cost per pound of U₃O₈ sold was $37.51 in Q1 2026, a decrease of approximately 13% compared to Q4 2025. Looking Ahead: Production Expansion and Advancing Exploration Lost Creek Operations: We drummed 57,479 pounds in April 2026, our highest monthly total since our 2023 ramp up decision. With a sand filtration system expected to come online this quarter and other optimization initiatives underway, we are positioned for improved flow rates and continued momentum. Shirley Basin Operations & Ramp-Up: We commenced operations at our second ISR mining facility in April 2026, reviving a historic uranium district. First shipments of uranium-loaded resin to Lost Creek are expected this summer, subject to final regulatory approval. Great Divide Basin Exploration: We continue to advance exploration projects toward production decisions. We have identified 13 ore grade intercepts at North Hadsell; recently commenced aquifer testing at Lost Soldier; and plan to commence an approximately 120-hole program at LC South this summer with the potential to extend Lost Creek mine units. Liquidity: Unrestricted cash and cash equivalents totaled $122.8 million at March 31, 2026. Our unrestricted cash position was $107.5 million as of April 30, 2026. Summary Performance Table Metric Q1 20251 <td style="border-bottom-style: solid; border-color: windowtext; border
CASPER, WY / ACCESS Newswire / April 23, 2026 / Ur-Energy Inc. (NYSE American:URG)(TSX:URE) (the "Company," "Ur-Energy" or "we"), a domestic uranium producer with ISR projects that are among the largest and lowest-cost in the United States, is pleased to announce the start of uranium mining operations at its Shirley Basin Project in Wyoming. Operations Underway in a Historic ISR District Uranium bearing solution is now being captured from Mine Unit 1 at Shirley Basin after the successful completion of significant construction, wellfield installation, and permitting. Uranium concentrations in recovered solutions are expected to increase over time as we further condition the wellfield, and all production circuits are brought online. We expect to transport uranium loaded resin to Lost Creek for processing this summer, subject to an additional regulatory inspection and approval. Project Highlights and Scalability The Shirley Basin Project enhances Ur-Energy's operational flexibility through its integration with existing infrastructure: Capacity: Licensed annual wellfield and toll processing capacity of up to 2.0 million pounds equivalent of U₃O₈. Resource Base: Measured and Indicated mineral resources totaling approximately 9.1 million pounds U₃O₈ at an average grade of 0.22% eU₃O₈ Mine Life: Anticipated mine life of approximately nine years across three shallow mining units. Operational Synergy: Uranium is captured on ion exchange resin and transported to the Company's Lost Creek facility for final processing, drying, and packaging. This milestone marks the successful transition of the Company's second in situ recovery ("ISR") mine from development to initial operations and represents a significant expansion of Ur-Energy's U.S. uranium production capacity. Our Shirley Basin Project is situated in the Shirley Basin district, widely recognized as the birthplace of ISR mining, is now returning to active operations under Ur-Energy's stewardship. With new production anticipated from Shirley Basin, Ur-Energy is well positioned to contribute to growing global uranium demand amid a nuclear energy renaissance. Matt Gili, CEO and President, commented: "Launching initial operations marks a pivotal achievement in Ur-Energy's growth strategy and plan to expand U.S. uranium production capacity. Two years ago, we committed to building out this project. Today, we have successfully brought a historically significant uranium district back to life, demonstrating disciplined execution of our strategy. This accomplishment reflects the dedication and expertise of our teams, who have advanced Shirley Basin from development to operations. It is particularly meaningful as it supports the growing need for secure, domestic uranium supply and underscores our ability to move permitted projects toward production while strengthening our role in the U.S. nuclear fuel cycle." Shirley Basin Plant - Ion Exchange Columns (April 16, 2026) Qualified Persons Benjamin J. Schiffer, P.G., and Ray B. Moores, P.E., of Western Water Consultants, Inc., d/b/a WWC Engineering (WWC), Qualified Persons as defined by Subpart 1300 of Regulation S-K, 17 C.F.R. §229.1300 et seq., and Canadian National Instrument 43-101, have reviewed the technical dis