Ur-Energy Q1 no sales; gets Lost Creek expansion approval, flow rates up 44%

UR-ENERGY INC

2025-Q1 EPS reported -$0.03

No U3O8 sales in Q1 2025; cash $86.0M at March 31, down from $87.1M at year-end 2024.
Received final approval for Lost Creek expansion: aquifer exemption from EPA on May 1, 2025.
Wellfield flow rate increased 44% since March, now over 2,800 gpm; drummed 83,066 lbs in Q1.
Projected 2025 sales: 440,000 lbs U3O8 at avg $61.56/lb, revenue $27.1M under existing contracts.
Shirley Basin development underway; two drill rigs mobilized, modular office building expected Q3 2025.

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