Ur-Energy Q2 cash $43.3M, 324k lbs uranium inventory, DOE reserve bid submitted

UR-ENERGY INC

2022-Q2 EPS reported -$0.03 revenue$19,000

Cash and cash equivalents of $43.3M at June 30, 2022; $42.2M at August 1, 2022.
Finished U3O8 inventory of nearly 324k lbs valued ~$15.7M at current spot prices.
Submitted bid to DOE Uranium Reserve; results expected by end of September.
Advancing Lost Creek MU2: HH 2-4 drilling/construction due complete in 2022; can ramp to 1.2M lbs/yr within 6 months of go decision.
New injection well tech field testing successful; patent pending; expected to cut drill rig time ~70% and reduce environmental impacts.

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