Current Report Filing (8-k)
April 20 2020 - 05:18PM
Edgar (US Regulatory)
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
Current Report
Pursuant to Section 13 or 15(d) of
the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): April 16,
2020
UR-ENERGY INC.
(Exact name of registrant as specified in its charter)
|
Canada |
001-
33905 |
Not
applicable |
| (State
or other jurisdiction of incorporation or organization) |
Commission
File Number)
|
(I.R.S.
Employer Identification Number) |
| 10758 W Centennial Road, Suite
200 |
|
| Littleton, Colorado |
80127 |
| (Address of principal executive
offices) |
(Zip
code) |
Registrant’s telephone number, including area code: (720)
981-4588
Securities registered pursuant to Section 12(b) of the Act:
|
Title of each class: |
|
Trading Symbol |
|
Name of each exchange on which registered: |
| Common
stock |
|
URG
(NYSE American): URE (TSX) |
|
NYSE
American; TSX |
Check the appropriate box below if the Form 8-K filing is
intended to simultaneously satisfy the filing obligation of the
registrant under any of the following provisions (see General
Instruction A.2. below):
|
¨ |
Written communications pursuant to Rule 425 under the
Securities Act (17 CFR 230.425) |
|
¨ |
Soliciting material pursuant to Rule 14a-12 under the
Exchange Act (17 CFR 240.14a-12) |
|
¨ |
Pre-commencement communications pursuant to Rule 14d-2(b)
under the Exchange Act (17 CFR 240.14d-2(b)) |
|
¨ |
Pre-commencement communications pursuant to Rule 13e-4(c)
under the Exchange Act (17 CFR 240.13e-4(c)) |
Indicate by check mark whether the registrant is an emerging growth
company as defined in Rule 405 of the Securities Act of 1933 (17
CFR §230.405) or Rule 12b-2 of the Securities Exchange Act of 1934
(17 CFR §240.12b-2).
Emerging growth company ¨
If an emerging growth company, indicate by check mark if the
registrant has elected not to use the extended transition period
for complying with any new or revised financial accounting
standards provided pursuant to Section 13(a) of the Exchange
Act. ¨
Item 1.01 Entry into a Material Definitive Agreement.
On April 16, 2020, Ur-Energy Inc. (the “Company”), through its
wholly-owned subsidiary Lost Creek ISR, LLC, and its wholly-owned
subsidiary Ur-Energy USA Inc. completed all necessary documentation
and closed on two U.S. Small Business Administration Paycheck
Protection Program loans totaling $893,300 pursuant to the
Coronavirus Aid, Relief, and Economic Security Act (the “CARES
Act”). The Loans have been fully funded. Key elements of the loans
are as set forth here:
|
Lender: |
BOKF, NA dba Bank of
Oklahoma |
|
Borrowers: |
Lost Creek ISR, LLC and Ur-Energy USA
Inc. |
|
Loan amount (combined): |
$893,300 |
|
Interest rate: |
1.00% |
|
Maturity date: |
April 16, 2022 |
|
First principal & interest
payment date: |
October 16, 2020 |
|
Amount of Loan
Forgiveness: |
Up to the full principal amount and
any accrued interest |
Forgiveness of the Loans will be sought, pursuant to the terms of
the CARES Act and regulations promulgated thereunder.
The foregoing description of the SBA PPP Loans does not purport
to be complete and is qualified in its entirety by reference to the
text of the documentation, which the Company plans to file as
exhibits to its next interim
report on Form 10-Q for the quarter ended March
31, 2020.
Item 2.02 Results of Operations and Financial Condition.
On April 20, 2020, Ur-Energy Inc. issued a press release providing
an operational update for the quarter ended March 31, 2020.
A copy of the press release is attached hereto as Exhibit 99.1 and
is incorporated herein by reference.
The information in this Item 2.02 of this Current Report on Form
8-K, including the information set forth in Exhibit 99.1, is being
furnished and shall not be deemed “filed” for purposes of Section
18 of the Securities Exchange Act of 1934 (the “Exchange Act”), or
otherwise subject to the liabilities of that section, nor shall it
be deemed incorporated by reference in any filing by the company
under the Securities Act of 1933 or the Exchange Act, except as
shall be expressly set forth by specific reference in such
filing.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits.
*This Exhibit is intended to be furnished to, not filed with, the
SEC pursuant to General Instruction B.2 of Form 8-K.
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of
1934, the registrant has duly caused this report to be signed on
its behalf by the undersigned hereunto duly authorized.
Date: April 20, 2020
| |
Ur-Energy
Inc. |
| |
|
|
| |
|
|
| |
By: |
/s/ Penne A.
Goplerud |
| |
|
|
| |
|
Name: Penne A.
Goplerud |
| |
|
Title: Corporate Secretary and
General Counsel |
EXHIBIT INDEX
*This Exhibit is intended to be furnished to, not filed with, the
SEC pursuant to General Instruction B.2 of Form 8-K.
