Saturday, September 13, 2025

Latest

UR-Energy To Conduct $13.3 Million Financing

UR-Energy (TSX: URE) (NYSE: URG) this morning announce the pricing of its underwritten public offering, indicating it intends to raise $13.3 million through the sale of units of the company. Funds from the financing will see the company maintain and enhance operation readiness for its Lost Creek in-situ recovery uranium facility in Wyoming.

The financing will see the company sell 14.7 million units of the company at a price of $0.90 per unit. Each unit contains one common share and one half warrant, with each warrant having an exercise price of $1.35 and an expiry of three years from the date of issuance. An over-allotment option has also been granted under the offering.

Proceeds from the financing are to be used for maintaining and enhancing operational readiness, for possible future acquisitions and strategic transactions, and for working capital and general corporate purposes.

The financing is expected to close February 4, 2021.

Ur-Energy last traded at $1.27 on the TSX.


Information for this analysis was found via Sedar and Ur-Energy. The author has no securities or affiliations related to this organization. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security.

Video Articles

Avino Q2 Earnings: Steady As She Goes

MEG Energy: Cenovus Comes In With $7.9 BILLION Offer

Orla Mining Q2 Earnings: Musselwhite Changes Everything

Recommended

Northern Superior Expands Philibert With 350 Metre Step Out Testing 1.10 g/t Gold Over 25.5 Metres

Goliath Resources Hits 18.58 g/t Gold Over 5.00 Metres At Surebet

Related News

Pegasus Resources: An Early Mover In The Uranium Sector – The Daily Dive

Joining us for the first time on the Daily Dive is that of Charles Desjardins,...

Wednesday, May 4, 2022, 01:30:00 PM

Utah Seeks to Build Second US Uranium Enrichment Facility

Utah officials announced Thursday a proposal to build a uranium processing facility at Camp Williams...

Monday, June 16, 2025, 07:50:19 AM

Senate Members Propose to Ban Russian Uranium Imports

Several Republican senators have prepared a new bill that would ban Russian uranium imports, in...

Friday, March 18, 2022, 10:17:00 AM

Ultra High-Grade Uranium: 69.1% Discovery Next Door to McArthur River | CanAlaska with Cory Belyk

In this interview at the Red Cloud Fall Mining Showcase 2024, Cory Belyk, President and...

Friday, October 18, 2024, 03:47:00 PM

ALX Resources Announces Ground Prospecting Program At Javelin And McKenzie Lake Uranium Projects

ALX Resources Corp. (TSXV: AL) reported today that it has mobilized a helicopter-supported ground prospecting...

Tuesday, October 26, 2021, 10:59:00 AM