LITTLETON, Colo., Sept. 7, 2017 /CNW/ -- Ur-Energy Inc.
(NYSE American:URG, TSX:URE) (the "Company" or "Ur-Energy") is
pleased to announce the appointment of Kathy E. Walker to its Board of Directors (the
"Board"). The appointment is effective September 7, 2017, and expands the size of the
Board to seven.
Ms. Walker is the president and chief executive officer of
Elm Street Resources Inc., an energy marketing company based in
Paintsville, Kentucky. She
brings more than 30 years' experience in various energy-related
business endeavors to our Board.
"We are very pleased to welcome Kathy
Walker to the Board," Ur-Energy Chairman and CEO
Jeffrey Klenda said. "Ms. Walker's
strong business and market acumen, together with her years of
experience with wide-ranging political and regulatory processes,
will greatly benefit the Company and our shareholders."
Ms. Walker holds an MBA from Xavier
University. Prior to starting Elm Street Resources, she
served as Secretary and Controller of Agip Coal, USA, a subsidiary of the Italian National
Energy Agency ENI. She is currently a member of the National Coal
Council and Board member of the Kentucky Coal Association; a member
of the Kentucky Judicial Campaign Conduct Committee; and a member
of the Morehead State University Board
of Regents. Previously, Ms. Walker served as the Chair of the
Energy and Environment transition team for Kentucky Governor Matt
Bevin; was a founder and Board member of First Security
Bank, Lexington, Kentucky and of
Great Nations Bank, Norman,
Oklahoma.
About Ur-Energy
Ur-Energy is a uranium mining company
operating the Lost Creek
in-situ recovery uranium facility in south-central
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 NYSE American under the
symbol "URG" and on the Toronto Stock Exchange under the symbol
"URE." Ur-Energy's corporate office is 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, Chairman &
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., the skills and experience Ms. Walker may bring to the
Board, as well as the benefits expected from adding her to the
Board) 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.