Ur-Energy Reports Results of Annual and Special Shareholders' Meeting

Rhea-AI Summary

Ur-Energy Inc. (NYSE American: URG) held its Annual and Special Meeting on June 3, 2021, where all nominated directors were elected. Jeffrey T. Klenda received 99.49% of votes for his position. The shareholders reappointed PricewaterhouseCoopers LLP as auditors and approved the executive compensation plan with 80.44% support. Amendments to the Restricted Share Unit and Equity Incentive Plan were passed with 78.08% approval. Ur-Energy operates the Lost Creek uranium facility and is poised to begin construction at its second site, Shirley Basin.

Positive

• All seven nominated directors were elected with significant support, enhancing governance.
• Reappointment of independent auditors indicates shareholder confidence.
• Approval of executive compensation demonstrates shareholder alignment.
• Amendments to the equity incentive plan suggest a focus on incentivizing key personnel.

Negative

• 49,854,083 non-votes in the director election may indicate shareholder disengagement.

LITTLETON, CO / ACCESSWIRE / June 4, 2021 / Ur-Energy Inc. (NYSE American:URG) (TSX:URE) (the "Company" or "Ur-Energy") announces the results of the Company's Annual and Special Meeting of Shareholders held June 3, 2021, including the election of Directors.

Each of the nominee Directors listed in the Company's management proxy circular dated April 21, 2021 was elected as a Director. The Company received proxies with regard to voting on the seven Directors nominated for election, as follows:

Nominee	Votes For	%	Votes Withheld	%
Jeffrey T. Klenda	45,295,201	99.49	232,575	0.51
James M. Franklin	41,311,952	90.74	4,215,824	9.26
W. William Boberg	37,468,013	82.30	8,059,763	17.70
Thomas Parker	45,288,157	99.47	239,619	0.53
Gary C. Huber	41,369,040	90.87	4,158,736	9.13
Kathy E. Walker	45,326,030	99.56	201,746	0.44
Rob Chang	41,379,041	90.89	4,148,735	9.11

Additionally, there were 49,854,083, 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 80.44% of the votes cast voting for the non-binding advisory vote.

Amendments to the Amended and Restated Restricted Share Unit and Equity Incentive Plan of the Company were approved by a majority of the votes represented (78.08%), 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. We have produced, packaged, and shipped approximately 2.6 million pounds from Lost Creek since the commencement of operations. Ur-Energy now has all major permits and authorizations to begin construction at Shirley Basin, the Company's second in situ recovery uranium facility in Wyoming and is in the process of obtaining remaining amendments to Lost Creek authorizations for expansion of Lost Creek. 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. The primary trading market for Ur‑Energy's common shares is on the NYSE American under the symbol "URG." Ur‑Energy's common shares also trade on the Toronto Stock Exchange under the symbol "URE." Ur-Energy's corporate office is located in Littleton, Colorado and its registered office is located in Ottawa, Ontario. Ur-Energy's website is www.ur-energy.com.

FOR FURTHER INFORMATION, PLEASE CONTACT

Jeffrey Klenda, Chairman and CEO
866.981.4588
Jeff.Klenda@Ur-Energy.com

SOURCE: Ur-Energy Inc.

View source version on accesswire.com:
https://www.accesswire.com/650438/Ur-Energy-Reports-Results-of-Annual-and-Special-Shareholders-Meeting

FAQ

What were the results of Ur-Energy's annual meeting held on June 3, 2021?

All nominated directors were elected, and significant approvals were given for auditor reappointment and executive compensation.

What percentage of votes supported the executive compensation plan at Ur-Energy?

The executive compensation plan received 80.44% support from the votes cast.

How many non-votes were recorded during Ur-Energy's director election?

There were 49,854,083 non-votes recorded in the election.

What is Ur-Energy's primary focus in the uranium industry?

Ur-Energy focuses on uranium mining, recovery, and processing, operating the Lost Creek facility and planning construction at Shirley Basin.