UR-ENERGY INC (URG): debt financing — Ur-Energy issues $120M 4.75% Convertible Senior Notes due 2031, net proceeds $114.8M

UR-ENERGY INC

$120M aggregate principal of 4.75% convertible notes due Jan 15, 2031; conversion price ~$1.73 (27.5% premium).
Net proceeds ~$114.8M after discounts; ~$16.6M for capped calls, balance for project development/corporate.
Capped call transactions hedge dilution up to $2.72/share (100% premium) on shares underlying notes.
Notes are unsecured, convertible under conditions; callable after Jan 22, 2029 if stock price >=130% conversion price.
Interest 4.75% payable semiannually Jan 15/Jul 15 starting Jul 15, 2026; maturity Jan 15, 2031.

item 1.01 item 2.03 item 3.02 item 8.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Debt Financings SEC 8-K Item 2.03/2.04 confidence 0.9

UR-ENERGY INC incurred convertible notes of $120.0 million aggregate principal amount with U.S. Bank Trust Company, National Association at 4.75% per year maturing January 15, 2031.

Instrument: convertible notes
Principal: $120.0 million aggregate principal amount
Counterparty: U.S. Bank Trust Company, National Association
Rate: 4.75% per year
Maturity: January 15, 2031
Event: incurrence

Exact text from the filing

issued $120.0 million aggregate principal amount of 4.75% Convertible Senior Notes due 2031

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Equity Issuances SEC 8-K Item 3.02/3.03 confidence 0.9

UR-ENERGY INC issued $120.0 million aggregate principal amount of 4.75% Convertible Senior Notes due 2031 of convertible note to Initial Purchasers for approximately $114.8 million net proceeds.

Security: convertible note
Shares: $120.0 million aggregate principal amount of 4.75% Convertible Senior Notes due 2031
Purchaser: Initial Purchasers
Consideration: approximately $114.8 million net proceeds

Exact text from the filing

principal amount of notes that was granted to the initial purchasers of the offering of the notes (the “Initial Purchasers”). Net proceeds of the offering were approximately $114.8 million, after deducting Initial Purchasers’ discounts and commissions and estimated offering expenses payable by the Company. The Company expects to use the net proceeds from the

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Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.98

UR-ENERGY INC entered into Indenture with U.S. Bank Trust Company, National Association valued at $120.0 million aggregate principal amount of 4.75% Convertible Senior Notes due 2031 (effective 2025-12-15).

Action: entry
Agreement: notes offering
Counterparty: U.S. Bank Trust Company, National Association
Value: $120.0 million aggregate principal amount of 4.75% Convertible Senior Notes due 2031
Effective: 2025-12-15

Exact text from the filing

On December 15, 2025, Ur-Energy Inc. (the “Company”) issued $120.0 million aggregate principal amount of 4.75% Convertible Senior Notes due 2031 (the “notes”), which amount includes the exercise in full of the option to purchase up to $20.0 million aggregate principal amount of notes that was granted to the initial purchasers of the offering of the notes (the “Initial Purchasers”).

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10 debt financings filed in the last 30 days. Browse all debt financings →

UR-ENERGY INC filing history →

Source: SEC EDGAR

accession 0001104659-25-121238

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