LITTLETON, Colo., May 19, 2017 /CNW/ -- Ur-Energy Inc.
(NYSE MKT:URG, TSX:URE) (the "Company" or "Ur-Energy")
announces the results of the Company's Annual and Special Meeting
of Shareholders held May 18, 2017,
including the election of Directors.
Each of the nominee Directors listed in the Company's management
proxy circular dated April 13, 2017
was elected as a Director. The Company received proxies with regard
to voting on the six Directors nominated for election, as
follows:
Nominee
|
Vote
For
|
%
|
Votes
Withheld
|
%
|
Jeffrey T.
Klenda
|
45,967,692
|
99.53%
|
218,900
|
0.47%
|
James M.
Franklin
|
41,184,798
|
89.17%
|
5,001,794
|
10.83%
|
Paul
Macdonell
|
41,113,863
|
89.02%
|
5,072,729
|
10.98%
|
W. William
Boberg
|
42,601,967
|
92.24%
|
3,584,625
|
7.76%
|
Thomas
Parker
|
41,229,928
|
89.27%
|
4,956,664
|
10.73%
|
Gary C.
Huber
|
42,383,774
|
91.77%
|
3,802,818
|
8.23%
|
Additionally, there were 45,907,361 non-votes in the
election.
The Company's independent auditors PricewaterhouseCoopers LLP
were reappointed by the Shareholders and the Directors of the
Company were authorized to fix the remuneration of the
auditors.
The "say on pay" vote to approve executive compensation was
approved with 90.16% of the votes cast voting for the non-binding
advisory vote.
The renewal of the Ur-Energy Inc. Stock Option Plan was approved
by a majority of the votes represented (79.17%), after the
exclusion of votes held by certain insiders and their
affiliates.
About Ur-Energy
Ur-Energy is a uranium mining company
operating the Lost Creek in‐situ recovery
uranium facility in Wyoming. We
have produced, packaged and shipped more than two million pounds
from Lost Creek since the commencement of operations. Applications
are under review by various agencies to incorporate our LC East
project area into the Lost Creek permits, and we have begun to
submit applications for permits and licenses to construct and
operate at our Shirley Basin Project. Ur-Energy is engaged in
uranium mining, recovery and processing activities, including the
acquisition, exploration, development and operation of uranium
mineral properties in the United
States. Shares of Ur-Energy trade on the NYSE MKT under the
symbol "URG" and on the Toronto Stock Exchange under the symbol
"URE." Ur-Energy's corporate office is located in Littleton, Colorado; its registered office is
in Ottawa, Ontario. Ur-Energy's
website is www.ur-energy.com.
FOR FURTHER INFORMATION, PLEASE CONTACT
Jeffrey Klenda, Chair &
CEO
866-981-4588
Jeff.Klenda@ur-energy.com
Cautionary Note Regarding Forward-Looking
Information
This release may contain "forward-looking
statements" within the meaning of applicable securities laws
regarding events or conditions that may occur in the future (e.g.,
timing and ability to obtain all necessary permits for future
construction plans and operations; ability to meet production
targets and maintain steady-state operations) and are based on
current expectations that, while considered reasonable by
management at this time, inherently involve a number of significant
business, economic and competitive risks, uncertainties and
contingencies. Factors that could cause actual results to differ
materially from any forward-looking statements include, but are not
limited to, capital and other costs varying significantly from
estimates; failure to establish estimated resources and reserves;
the grade and recovery of ore which is mined varying from
estimates; production rates, methods and amounts varying from
estimates; delays in obtaining or failures to obtain required
governmental, environmental or other project approvals; inflation;
changes in exchange rates; fluctuations in commodity prices; delays
in development and other factors described in the public filings
made by the Company at www.sedar.com and www.sec.gov. Readers
should not place undue reliance on forward-looking statements. The
forward-looking statements contained herein are based on the
beliefs, expectations and opinions of management as of the date
hereof and Ur-Energy disclaims any intent or obligation to update
them or revise them to reflect any change in circumstances or in
management's beliefs, expectations or opinions that occur in the
future.
To view the original version on PR Newswire,
visit:http://www.prnewswire.com/news-releases/ur-energy-reports-results-of-annual-and-special-shareholders-meeting-300460942.html
SOURCE Ur-Energy Inc.