Ur-Energy secures 600,000 lbs/yr sales, ramps Lost Creek to 600k lbs/yr, wins NNSA $6.45M contract

UR-ENERGY INC

New 5-yr agreement adds 300,000 lbs U3O8/yr starting 2024; total under contract now 600,000 lbs/yr.
Decision to ramp Lost Creek production to 600,000 lbs/yr (50% of licensed wellfield capacity) starting Q1 2023.
NNSA awards $64.47/lb contract for 100,000 lbs U3O8 from existing inventory; $6.45M revenue in March 2023.
Prior August 2022 agreement amended to increase annual delivery by 100,000 lbs, same pricing.
Remaining inventory of 224,000 lbs retained for commercial long-term contracts.

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