Ur-Energy reports $79M cash, 3.2M lbs uranium sales commitments, Lost Creek ramp-up on track

UR-ENERGY INC

Cash of $79.0M as of March 1, 2023; sufficient to fund ramp-up at Lost Creek.
Sales commitments total 3.2M lbs U3O8 through 2028; 280,000 lbs expected sold in 2023 at avg $61.89/lb for $17.3M.
Lost Creek ramp-up progressing; 120 delineation holes completed in MU2, HH 2-4 construction target Q2 2023 production.
Nearly 50 employees assigned to Lost Creek; Casper facility on track for May 2023.
Shirley Basin fully permitted; construction deferred pending additional long-term contracts.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

UR-ENERGY INC reported financial results for the quarter ended March 31, 2023.

Period: the quarter ended March 31, 2023
Result: reported results

Exact text from the filing

On April 12, 2023, Ur-Energy Inc. issued a press release providing an operational update for the quarter ended March 31, 2023.

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UR-ENERGY INC filing history →

Source: SEC EDGAR

accession 0001654954-23-004704

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