Production Capacity and Facilities - Ur-Energy's Lost Creek processing facility is designed to process up to 1.2 million pounds of U3O8 annually, with a licensed capacity of 2.2 million pounds, allowing for additional processing from other sources [99]. - The Shirley Basin Project is construction-ready, having received all major permits required to begin construction, including a source material license and permit to mine [113]. - The company is prepared to ramp up production at the Lost Creek facility to an annualized run rate of up to 1.2 million pounds, with the capacity to process up to 2.2 million pounds of U3O8 per year [163]. - The company is advancing preparations in the fully permitted MU2 through a drilling and construction program to enhance operational readiness at Lost Creek [161]. Financial Performance - U3O8 production for Q2 2022 was 83 pounds, consistent with Q1 2022, and total production year-to-date reached 166 pounds [121]. - Sales for Q2 2022 were $19 thousand, compared to $7 thousand in Q2 2021, reflecting a $12 thousand increase [125]. - Cost of sales for Q2 2022 was $1.66 million, a decrease of $173 thousand from Q2 2021, while total cost of sales for the first half of 2022 was $3.38 million, down $124 thousand year-over-year [125]. - Gross loss for Q2 2022 was $1.64 million, slightly improved from a gross loss of $1.83 million in Q2 2021 [131]. - Operating costs for Q2 2022 totaled $3.46 million, an increase of $683 thousand compared to Q2 2021, primarily due to the MU2 advance development program [134]. - Net loss for Q2 2022 was $353 thousand, significantly improved from a net loss of $6.88 million in Q2 2021 [126]. - The company reported a warrant mark to market gain of $4.89 million for Q2 2022, compared to a loss of $2.92 million in Q2 2021 [139]. - Cash, cash equivalents, and restricted cash decreased from $54.2 million at the end of 2021 to $51.3 million as of June 30, 2022 [143]. - The average cost per pound of produced U3O8 was $28.04, while the average cost per pound of purchased U3O8 was $25.98 [124]. - The company generated $3.7 million from financing activities during the first half of 2022 [143]. - For the six months ended June 30, 2022, the company utilized $6.4 million in cash from operating activities, with $1.9 million spent on production-related cash costs and $5.8 million on operating costs [144]. - As of August 1, 2022, the company had $42.2 million in cash and cash equivalents, along with approximately $15.7 million worth of finished U3O8 inventory at recent spot prices [156][160]. Market Conditions and Pricing - Uranium pricing has increased significantly, with spot market prices in the upper $40s and $50s per pound during Q2 2022, reflecting a strengthening supply-demand dynamic [106]. - The average spot market price of uranium was $48.63 per pound as of August 1, 2022, reflecting ongoing fluctuations in the uranium market [181]. - Uranium prices are influenced by demand for nuclear power and various political and economic conditions [181]. - Governmental legislation in uranium producing and consuming countries affects uranium pricing [181]. - Production levels and costs of production from other companies also impact uranium prices [181]. - The company is subject to market risk related to uranium price fluctuations, impacting future sales [181]. Research and Development - Research and development efforts include a new injection well technology expected to reduce drill rig time by about 70% and lower environmental impacts, with field testing already underway [114]. - An advanced water treatment system is in development, which may achieve a 90% reduction in disposed water, enhancing recycling capabilities at Lost Creek [115]. Corporate Developments - The company is constructing a new operations headquarters in Casper, Wyoming, expected to be completed in approximately seven to nine months, facilitating centralized construction activities [116]. - Changes in senior leadership occurred with the retirement of Chairman and President Jeffrey T. Klenda, and John W. Cash was appointed as the new CEO and Chairman of the Board [117]. - The company has submitted a bid proposal to the NNSA to purchase up to one million pounds of U3O8 as part of the establishment of a new national uranium reserve [101]. - The company has submitted a bid proposal for the DOE uranium reserve program, indicating its intention to participate in the bidding process [158]. - The company has a plan to sell a non-core, unpermitted, non-operating property, considering an offer consisting of cash and mineral properties [166]. - The company has not identified any impairment indicators that would require a formal impairment test for its long-lived assets [175]. - The company continues to monitor the uranium market and related developments that may positively impact the uranium production industry [164].

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE QUARTERLY PERIOD ENDED MARCH 31, 2022 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE TRANSITION PERIOD OF _________ TO _________. Commission File Number: 001-33905 UR-ENERGY INC. (Exact name of registrant as specified in its charter) State or other jurisdiction of inco ...

Part I [Business and Properties](index=7&type=section&id=Items%201%20and%202.%20BUSINESS%20AND%20PROPERTIES) Ur-Energy is a US-based uranium mining company operating the Lost Creek in-situ recovery (ISR) facility in Wyoming since 2013, with limited production in 2021 due to low uranium prices - The company is engaged in uranium mining, recovery, and processing, primarily through its Lost Creek Project in Wyoming, which began operations in 2013[28](index=28&type=chunk) - Due to persistent low uranium prices, production operations were limited in 2021, with only **251 pounds of U3O8** captured, and no sales of U3O8 were made in 2021[28](index=28&type=chunk) - The company is classified as an "exploration stage issuer" under S-K 1300 because it has not established proven or probable mineral reserves through a pre-feasibility or feasibility study[29](index=29&type=chunk) - The Lost Creek processing facility has a licensed capacity of up to **2.2 million pounds U3O8 per year**, with about **1.2 million pounds per year** allocated for its own wellfields, and excess capacity for maintenance flexibility and potential toll processing[43](index=43&type=chunk)[44](index=44&type=chunk) [Our Mineral Properties](index=10&type=section&id=Our%20Mineral%20Properties) Ur-Energy's primary mineral assets are the Lost Creek Property and the Shirley Basin Project in Wyoming, both advanced with Lost Creek in operation and Shirley Basin fully permitted Mineral Resources Summary (as of Dec 31, 2021) | Project | Measured & Indicated (lbs U3O8) | Inferred (lbs U3O8) | Assumed Pricing (per lb) | | :--- | :--- | :--- | :--- | | **Lost Creek Property** | 11,914,000 | 6,607,000 | $50.80 to $66.04 | | **Shirley Basin Project** | 8,816,000 | - | $61.68 to $66.04 | - The Lost Creek Property consists of the core Lost Creek Project and five adjoining projects (LC East, LC West, LC North, LC South, EN), covering approximately **35,400 acres** in Wyoming's Great Divide Basin[46](index=46&type=chunk)[66](index=66&type=chunk) - The Shirley Basin Project, a historic mine site, is fully permitted for ISR mining, with plans to utilize a satellite plant and process loaded resin at the Lost Creek facility[91](index=91&type=chunk)[99](index=99&type=chunk)[44](index=44&type=chunk) - As of December 31, 2021, **2.735 million pounds of U3O8** have been produced from the Lost Creek Project, which has been subtracted from the Measured Resources[55](index=55&type=chunk)[58](index=58&type=chunk) [Competition and Mineral Prices](index=21&type=section&id=Competition%20and%20Mineral%20Prices) The uranium industry is highly competitive, with prices negotiated privately and showing a significant increase in 2021 Uranium Price Trends (U3O8 per pound) | Date | Spot Price (US$) | Long-Term Price (US$) | | :--- | :--- | :--- | | End of 2020 | $30.20 | $35.00 | | End of 2021 | $42.05 | $42.75 | - Competition includes larger companies and state-owned enterprises with greater financial resources, making it difficult to secure favorable off-take agreements[127](index=127&type=chunk) [Government Regulations](index=22&type=section&id=Government%20Regulations) The company's operations are subject to extensive and costly federal, state, and local environmental, health, and safety regulations - Operations are subject to comprehensive regulation by multiple authorities, including the WDEQ, BLM, and EPA, which can cause delays and require significant capital outlays[131](index=131&type=chunk)[133](index=133&type=chunk) - The National Environmental Protection Act (NEPA) process can take months or years to complete, with regulations revised in 2020 and currently undergoing further phased amendments[134](index=134&type=chunk) [Our Employees](index=24&type=section&id=Our%20Employees) As of December 31, 2021, Ur-Energy employed 21 full-time and 2 part-time staff, with reduced staffing due to controlled production levels and a focus on cross-training - At year-end 2021, the company had **21 full-time employees** across its Colorado and Wyoming locations, reflecting reductions in force due to controlled production levels[144](index=144&type=chunk)[145](index=145&type=chunk) - Extensive cross-training at the Lost Creek site has been completed to facilitate safer operations and prepare for a smoother transition to full production[146](index=146&type=chunk) [Risk Factors](index=25&type=section&id=Item%201A.%20RISK%20FACTORS) The company faces significant risks from the volatile uranium market, operational uncertainties, extensive regulations, and financial constraints - Market Risks: The uranium market is volatile and challenged by unrestricted imports from state-owned enterprises, with uncertainty surrounding the establishment of a U.S. national uranium reserve[153](index=153&type=chunk)[154](index=154&type=chunk) - Operational Risks: The company operates without established mineral reserves, increasing economic and technical risk, while mining operations involve significant hazards and property titles for unpatented claims have inherent uncertainties[166](index=166&type=chunk)[165](index=165&type=chunk)[169](index=169&type=chunk) - Financial Risks: The business is capital-intensive, and future funding is not assured, with restrictive covenants in the State Bond Loan (approximately **$12.4 million outstanding**) limiting the ability to sell secured assets, including the Lost Creek Project[183](index=183&type=chunk)[184](index=184&type=chunk) - Regulatory Risks: The business is subject to extensive and evolving environmental laws (e.g., General Mining Law amendments, EPA rulemakings) that can delay production and increase costs[163](index=163&type=chunk)[170](index=170&type=chunk)[172](index=172&type=chunk) - General Risks: The ongoing impacts of the COVID-19 pandemic on supply chains, cybersecurity threats, and the recent Russian invasion of Ukraine pose additional uncertainties to the business and global uranium markets[199](index=199&type=chunk)[205](index=205&type=chunk)[210](index=210&type=chunk) [Unresolved Staff Comments](index=34&type=section&id=Item%201B.%20Unresolved%20Staff%20Comments) The company reports no unresolved staff comments - None[212](index=212&type=chunk) [Legal Proceedings](index=34&type=section&id=Item%203.%20Legal%20Proceedings) The company reports no legal proceedings - None[213](index=213&type=chunk) [Mine Safety Disclosure](index=34&type=section&id=Item%204.%20Mine%20Safety%20Disclosure) The company's operations at Lost Creek are not subject to regulation by the Federal Mine Safety and Health Administration (MSHA) - The company's operations are not subject to regulation by MSHA under the Mine Act[214](index=214&type=chunk) Part II [Market for Registrant's Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities](index=34&type=section&id=Item%205.%20MARKET%20FOR%20registrant%27s%20COMMON%20EQUITY%2C%20RELATED%20STOCKHOLDER%20MATTERS%20and%20issuer%20purcHases%20of%20equity%20securities) Ur-Energy's common shares are listed on the NYSE American and Toronto Stock Exchange, with **217,193,664 shares outstanding** as of March 3, 2022, and no dividends paid or planned - Common Shares are listed on the NYSE American (URG) and the Toronto Stock Exchange (URE)[218](index=218&type=chunk) - As of March 3, 2022, there were **217,193,664 Common Shares** issued and outstanding[218](index=218&type=chunk) - The company has not paid any dividends and has no current intention to declare them in the foreseeable future[220](index=220&type=chunk) [Management's Discussion and Analysis of Financial Condition and Results of Operations](index=35&type=section&id=Item%207.%20MANAGEMENT%27S%20DISCUSSION%20AND%20ANALYSIS%20OF%20FINANCIAL%20CONDITION%20AND%20RESULTS%20OF%20OPERATION) In 2021, Ur-Energy reported a net loss of **$22.9 million** with no U3O8 sales, while significantly improving liquidity to **$46.2 million** in cash through **$54.9 million** in financing activities Financial Performance Summary (2021 vs. 2020) | Metric | 2021 (in thousands USD) | 2020 (in thousands USD) | | :--- | :--- | :--- | | Sales | $16 | $8,316 | | Cost of Sales | ($7,000) | ($12,968) | | Gross Profit (Loss) | ($6,984) | ($4,652) | | Loss from Operations | ($16,757) | ($13,341) | | Net Loss | ($22,938) | ($14,785) | | Loss per Share | ($0.12) | ($0.09) | - The company made no U3O8 sales in 2021, compared to selling **200,000 pounds** in 2020, with the 2021 gross loss of **$7.0 million** driven by a lower of cost or net realizable value (NRV) adjustment to inventory[236](index=236&type=chunk)[268](index=268&type=chunk)[269](index=269&type=chunk) - Cash and cash equivalents increased to **$46.2 million** at year-end 2021 from **$4.3 million** in 2020, primarily due to raising **$54.9 million** from financing activities[280](index=280&type=chunk) - In February 2021, the company closed a public offering for gross proceeds of approximately **$15.2 million**, and also raised **$33.4 million** in gross proceeds through its At Market (ATM) facility during 2021[248](index=248&type=chunk)[296](index=296&type=chunk) - The company's **$0.9 million** in SBA Paycheck Protection Program (PPP) loans and accrued interest were fully forgiven in Q2 2021, resulting in a **$903 thousand** gain on debt forgiveness[250](index=250&type=chunk)[278](index=278&type=chunk) [Results of Operations](index=39&type=section&id=Results%20of%20Operations) In 2021, Ur-Energy reported no U3O8 sales and a **$7.0 million** gross loss due to an inventory write-down, while total operating costs increased to **$9.8 million** from **$8.7 million** in 2020 U3O8 Sales and Gross Profit (2021 vs. 2020) | Metric | 2021 | 2020 | | :--- | :--- | :--- | | U3O8 Pounds Sold | - | 200,000 | | U3O8 Sales | $0 | $8.3M | | U3O8 Cost of Sales | $0 | $5.2M | | U3O8 Gross Profit | $0 | $3.1M | | Gross Profit Margin | 0.0% | 37.8% | - Cost of sales per the financial statements included a **$7.0 million** lower of cost or NRV adjustment in 2021, compared to a **$7.8 million** adjustment in 2020[269](index=269&type=chunk) - Development expenses increased by **$0.8 million** in 2021, primarily due to drilling and supply costs for the development of Mine Unit 2 at Lost Creek[273](index=273&type=chunk) - At year-end 2021, the company held **283,790 pounds of U3O8** in inventory at the conversion facility, comprising **267,049 produced pounds** and **16,741 purchased pounds**[265](index=265&type=chunk) [Liquidity and Capital Resources](index=44&type=section&id=Liquidity%20and%20Capital%20Resources) The company's liquidity significantly strengthened in 2021, with cash and cash equivalents increasing by **$41.9 million** to **$46.2 million**, driven by **$54.9 million** from financing activities Cash Flow Summary (2021) | Activity | Cash Flow (in millions USD) | | :--- | :--- | | Cash from Operating Activities | ($11.7) | | Cash from Investing Activities | ($1.2) | | Cash from Financing Activities | $54.9 | | **Net Increase in Cash** | **$41.9** | - As of December 31, 2021, the outstanding balance on the Wyoming State Bond Loan was **$12.4 million**, with principal payments deferred until October 1, 2022[286](index=286&type=chunk)[287](index=287&type=chunk) - The company has a universal shelf registration to sell up to **$100 million** in securities and an At Market Issuance Sales Agreement to sell up to **$50 million** in common shares[292](index=292&type=chunk)[293](index=293&type=chunk) - As of March 3, 2022, the company's unrestricted cash position was **$44.7 million**, with an additional inventory of nearly **284,000 pounds of U3O8** worth approximately **$14.4 million** at recent spot prices[300](index=300&type=chunk)[301](index=301&type=chunk)[304](index=304&type=chunk) [Quantitative and Qualitative Disclosures About Market Risk](index=48&type=section&id=Item%207A.%20Quantitative%20AND%20QUALITATIVE%20DISCLOSURES%20ABOUT%20MARKET%20RISK) The company is exposed to commodity price risk due to uranium price volatility, interest rate risk on cash and debt, and low currency risk - The company is subject to commodity price risk, as its future sales and profitability are directly impacted by fluctuations in uranium prices[318](index=318&type=chunk) - Interest rate risk exists for cash equivalents and deposits, but the company's main debt facility, the State Bond Loan, has a fixed interest rate of **5.75%**[316](index=316&type=chunk)[286](index=286&type=chunk) - Currency risk is considered low, with a balance of approximately **$2.4 million Canadian dollars** held as of December 31, 2021, to pay Canadian expenses[317](index=317&type=chunk) [Controls and Procedures](index=50&type=section&id=Item%209A.%20Controls%20and%20Procedures) As of December 31, 2021, management concluded that the company's disclosure controls and internal control over financial reporting were effective - Management concluded that the company's disclosure controls and procedures were effective as of the fiscal year ended December 31, 2021[340](index=340&type=chunk) - Based on the COSO framework, management concluded that the company maintained effective internal control over financial reporting as of December 31, 2021[343](index=343&type=chunk) Part III Information required for Part III, covering Directors, Executive Officers, Corporate Governance, Executive Compensation, Security Ownership, Certain Relationships, and Principal Accountant Fees, is incorporated by reference from the company's definitive proxy statement for the 2022 Annual Meeting of Shareholders [Directors, Executive Officers and Corporate Governance](index=51&type=section&id=Item%2010.%20DIRECTORS%2C%20EXECUTIVE%20OFFICERS%20AND%20CORPORATE%20GOVERNANCE) Information regarding directors, executive officers, and corporate governance is incorporated by reference from the company's 2022 proxy statement, and a Code of Ethics is available on its website - Required information is incorporated by reference from the proxy statement for the 2022 Annual Meeting of Shareholders[349](index=349&type=chunk) - The company has adopted a Code of Ethics, the full text of which is available on its website[350](index=350&type=chunk) [Executive Compensation](index=52&type=section&id=Item%2011.%20EXECUTIVE%20COMPENSATION) Information regarding executive compensation is incorporated by reference from the company's 2022 proxy statement - Required information is incorporated by reference from the proxy statement for the 2022 Annual Meeting of Shareholders[351](index=351&type=chunk) [Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters](index=52&type=section&id=Item%2012.%20SECURITY%20OWNERSHIP%20OF%20Certain%20BENEFICIAL%20OWNERS%20AND%20MANAGEMENT%20AND%20RELATED%20STOCKHOLDER%20MATTERS) Information regarding security ownership is incorporated by reference from the company's 2022 proxy statement - Required information is incorporated by reference from the proxy statement for the 2022 Annual Meeting of Shareholders[352](index=352&type=chunk) [Certain Relationships and Related Transactions, and Director Independence](index=52&type=section&id=Item%2013.%20CERTAIN%20RELATIONSHIPS%20AND%20RELATED%20TRANSACTIONS%2C%20AND%20DIRECTOR%20INDEPENDENCE) Information regarding related transactions and director independence is incorporated by reference from the company's 2022 proxy statement - Required information is incorporated by reference from the proxy statement for the 2022 Annual Meeting of Shareholders[353](index=353&type=chunk) [Principal Accountant Fees and Services](index=52&type=section&id=Item%2014.%20PRINCIPAL%20ACCOUNTANT%20FEES%20AND%20SERVICES) Information regarding principal accountant fees and services is incorporated by reference from the company's 2022 proxy statement - Required information is incorporated by reference from the proxy statement for the 2022 Annual Meeting of Shareholders[354](index=354&type=chunk) Part IV [Exhibits and Financial Statement Schedules](index=52&type=section&id=ITEM%2015.%20EXHIBITS%20AND%20FINANCIAL%20STATEMENT%20SCHEDULES) This section lists the financial statements, schedules, and exhibits filed as part of the Form 10-K, including technical reports for the Lost Creek and Shirley Basin properties - The Consolidated Financial Statements filed with this report begin on page F-1[356](index=356&type=chunk) - Technical Report Summaries for the Lost Creek ISR Uranium Property and the Shirley Basin ISR Uranium Property are filed as exhibits 96.1 and 96.2, respectively[359](index=359&type=chunk)

Company Overview - Ur-Energy's Lost Creek ISR uranium facility has produced approximately 2.7 million pounds of U3O8 through Q3 2021[9] - The company has substantial inventory and has seen spot market pricing increase[11] - Shirley Basin ISR Facility effectively doubles the company's licensed production capacity[9] Market Dynamics - Nuclear energy accounts for approximately 20% of the United States' electricity and over 50% of its carbon-free electricity[13] - Globally, nuclear energy accounts for 11% of electrical energy and about 1/3 of carbon-free electricity[13] - Global U3O8 demand is projected to increase by 3.1% annually through 2025[13] - The U S government has allocated $75 million for a U S Uranium Reserve in FY2022[9, 50] Production and Resources - Lost Creek has demonstrated approximately 90% recovery of under pattern resources[21] - Shirley Basin has a measured and indicated resource of 8.816 million pounds[30] - The company estimates uranium production costs at Shirley Basin to be $14.54 per pound[29] Financial Position - As of October 27, 2021, Ur-Energy had cash resources of $40.9 million[47, 54] - Ur-Energy has approximately 285,000 pounds of ready-for-sale U3O8 product in inventory at the converter[47, 54] - The company estimates $15.4 million for mine development and CapEx to reach an initial ~1 million pound run rate at Lost Creek[40]

Financial Performance - For the three months ended September 30, 2021, the company reported a net loss of $9.5 million, compared to a net loss of $3.7 million for the same period in 2020, representing an increase in loss of $5.8 million[121]. - The gross loss for the nine months ended September 30, 2021, was $5.2 million, compared to a gross loss of $3.2 million for the same period in 2020, indicating a deterioration of $2 million[126]. - Total operating costs for the three months ended September 30, 2021, were $2.6 million, an increase from $2.2 million in the same period in 2020, primarily due to bonus payments[129]. - The basic and diluted loss per common share for the three months ended September 30, 2021, was $0.05, compared to $0.02 for the same period in 2020[138]. - The company reported a net interest expense of $558,000 for the nine months ended September 30, 2021, compared to $522,000 for the same period in 2020[122]. Production and Operations - U3O8 production for Q3 2021 was 70 pounds, with a year-to-date total of 177 pounds captured, reflecting a significant decline from previous years[118]. - The Lost Creek processing facility is designed to process up to 1.2 million pounds of U3O8 annually, with a licensed capacity of 2.2 million pounds[101]. - The Shirley Basin Project is approved to recover up to 1 million pounds of U3O8 annually, with a total production capacity of 2 million pounds equivalent[114]. - The company plans to complete the drilling and construction program for the fourth header house in Mine Unit 2 by early 2022, enhancing production readiness[110]. - The company anticipates up to nine years of production at the Shirley Basin site, which is construction-ready[115]. - The Lost Creek facility has the capacity to process up to 2.2 million pounds of U3O8 per year, with a potential ramp-up to full production in as little as nine months[158]. - The company plans to commence a drill and development program at Lost Creek with an estimated cost of $2.2 million to enhance operational readiness[156]. - The company is prepared to ramp up production and deliver inventory into new sales contracts when market conditions permit[158]. Cash and Financing - Cash and cash equivalents increased by $29.1 million from $4.3 million at the end of 2020 to $33.4 million as of September 30, 2021[139]. - The company generated $38.3 million from financing activities during the nine months ended September 30, 2021, including $13.9 million from a public offering[141]. - As of October 27, 2021, the company had $40.9 million in cash and cash equivalents, including an additional $8.2 million from ATM sales and warrant exercises[152]. - The company raised $46.5 million in 2021, with a cash position of $40.9 million and nearly 285,000 pounds of finished U3O8 inventory valued at approximately $13.4 million[156]. - The balance of the State Bond Loan as of September 30, 2021, was $12.4 million, with principal payments scheduled to resume on October 1, 2022[142]. - The company received loan forgiveness of $893 thousand principal and approximately $10 thousand interest under the PPP, recognized as a $903 thousand gain on debt forgiveness in Q2 2021[146]. - The company closed a $15.2 million underwritten public offering on February 4, 2021, with net proceeds of approximately $13.9 million after fees[151]. - The company has established a universal shelf registration statement to offer up to $100 million in securities, effective for three years[147]. Market and Strategic Initiatives - The average spot market price of uranium was $47.13 per pound as of October 27, 2021, reflecting fluctuations influenced by various market factors[177]. - The U.S. Department of Energy is working on establishing a national uranium reserve, with stakeholder responses due in mid-October 2021[106]. - The company is considering a proposed transaction to sell a non-core, unpermitted property, with plans to enhance shareholder value through potential mergers and acquisitions[163]. - The company had no sales of U3O8 in the first nine months of 2021, while it sold 200,000 pounds during the same period in 2020 at an average price of $41.50 per pound[123]. - The company has 12 U.S. uranium properties, controlling approximately 36,000 acres in the Lost Creek area and over 3,700 acres in the Shirley Basin Project[108].

NYSE American: URG • TSX: URE September 2021 Disclaimer This presentation contains "forward-looking statements," within the meaning of applicable securities laws, regarding events or conditions that may occur in the future. Such statements include without limitation the Company's maintaining controlled-level production operations and the ability to ramp up as planned, including maintaining experienced operational staff; the continued technical and economic viability of Lost Creek; whether current projection ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE QUARTERLY PERIOD ENDED JUNE 30, 2021 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE TRANSITION PERIOD OF _________ TO _________. Commission File Number: 001-33905 UR-ENERGY INC. (Exact name of registrant as specified in its charter) State or other jurisdiction of incor ...

NYSE American: URG • TSX: URE June 2021 This presentation contains "forward-looking statements," within the meaning of applicable securities laws, regarding events or conditions that may occur in the future. Such statements include without limitation the Company's maintaining controlled-level production operations and the ability to ramp up as planned, including maintaining experienced operational staff; the continued technical and economic viability of Lost Creek; whether current projections of supply and ...

NYSE American: URG • TSX: URE May 2021 This presentation contains "forward-looking statements," within the meaning of applicable securities laws, regarding events or conditions that may occur in the future. Such statements include without limitation the Company's maintaining controlled-level production operations and the ability to ramp up as planned, including maintaining experienced operational staff; the continued technical and economic viability of Lost Creek; whether current projections of supply and d ...

(Exact name of registrant as specified in its charter) UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE QUARTERLY PERIOD ENDED MARCH 31, 2021 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE TRANSITION PERIOD OF _________ TO _________. Commission File Number: 001-33905 UR-ENERGY INC. Indicate by check mark whether the ...