URG Ur Energy Inc

LITTLETON, Colo., May 29, 2015 /PRNewswire/ -- Ur-Energy Inc. (NYSE MKT:URG) (TSX:URE) ("Ur-Energy" or the "Company") announces the results of the Company's Annual and Special Meeting of Shareholders held May 28, 2015, including the election of Directors.

Each of the nominee Directors listed in the Company's management proxy circular dated April 20, 2015 was elected as a Director. The Company received proxies with regard to voting on the six Directors nominated for election, as follows:

Additionally, there were 41,562,998 non-votes in the election.

Also at the Annual and Special Meeting of Shareholders, the Company's Successor Shareholder Rights Plan were approved by a majority of the votes represented (69.25%). 

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 68.59% of the votes cast voting for the non-binding advisory vote. 

The vote to ratify the Company's Advance Notice By-Law did not pass.  57.71% of the votes were cast against the ratification of the by-law. 

The amendments to the Restricted Share Unit Plan of the Company were approved by a majority of the votes represented (94.45%), 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 south-central Wyoming. The Lost Creek processing facility has a two million pounds per year nameplate design capacity. Shirley Basin, our newest project, is one of the Pathfinder Mines assets we acquired in 2013. Baseline studies necessary for permitting and licensing of the project are currently being advanced. 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.

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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., results of production and continued efforts to ramp up production at the Lost Creek facility; ability to meet production targets; ability to advance Shirley Basin into and through permitting process as projected) 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.

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SOURCE Ur-Energy Inc.