Ur-Energy revises 2024 production guidance to 325k-475k lbs U3O8; Lost Creek ramp slower

UR-ENERGY INC

2024 production guidance lowered to 325,000-475,000 lbs U3O8 captured due to slower-than-expected ramp-up from manpower issues.
Average production solution headgrade in August was 67.1 mg/L; fifth yellowcake shipment arrived at conversion facility on Sept 11.
Five header houses brought online at Lost Creek in 2024; HH2-10 online mid-August, HH2-11 expected in September.
Shirley Basin monitor well installation complete (120 wells); construction on schedule with completion expected late 2025.
15 drill rigs at Lost Creek (plus 3 at Shirley Basin); deep disposal well #5 operational.

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