Ur-Energy Announces Appointment of Matthew Gili as President as Ur-Energy Advances Wyoming Uranium Production
News Release
10758 W. Centennial Rd. Suite 200
Littleton, CO 80127
Phone: 720.981.4588
www.ur-energy.com
Ur-Energy Announces Appointment of Matthew Gili as President
as Ur-Energy Advances Wyoming Uranium Production
Littleton, Colorado (ACCESS Newswire – June 30, 2025) Ur-Energy Inc. (NYSE American:URG) (TSX:URE) (the
“Company” or “Ur -Energy”) is pleased to announce the appointment of Matthew D. Gili as Ur-Energy’s
President as a part of the Company’s succession planning and plans for strategic growth.
Ur-Energy is progressing toward full production levels at Lost Creek and quickly moving toward production
operations at its second mine at Shirley Basin. At full production, the Company expects to mine up to 2.2
million pounds of uranium annually. The addition of Mr. Gil i strengthens the Company’s experienced
management team to support the drive toward full-scale production at Lost Creek and Shirley Basin and the
implementation of our strategic development plans.
Ur-Energy Chairman and CEO, John Cash, stated, “We are pleased to expand our executive team w ith the
addition of Matt Gili as President. Matt has a decades long career in all aspects of mining operations, having
started with major mining companies Rio Tinto and Barrick , before earning strong executive management
credentials with i-80 Gold and Nevada Copper.
“As a manager in operational settings, Matt has a proven track record of meeting cost budgets and exceeding
production targets, as well as growing exploration and development targets. Matt has successfully built and
led management teams, navigated the capital markets and engaged with various stakeholders in his recent
executive roles. We are confident Matt’s operational, strategic planning and management background will
greatly benefit Ur-Energy as we continue to grow the Company. The addition of Matt fully aligns with our
growth strategy, plans to capitalize on the Trump Administration’s recent Executive Orders promoting the
U.S. nuclear fuel cycle industr ies, and U r-Energy’s goal of being the leading producer of U.S. recovered
uranium.”
Mr. Gili is a Professional Engineer with deep C -suite experience having served as a Chief Executive Officer,
Chief Operating Officer, Chief Technical Officer and Executive General Manager. Mr. Gili has served in
executive roles with publicly traded mining companies, most recently as President and C hief Operating
Officer of i-80 Gold Corporation (2021-2025) and, prior to that, as Chief Executive Officer with Nevada Copper
Corporation (2018-2020).
Mr. Gili’s strong technical experience includes having been Executive General Manager of the Cortez District,
leading one of Barrick’s top mining operations in Nevada, from which M r. Gili was promoted to Chief
Technical Officer for Barrick. Additional operational experience includes roles with Rio Tinto as the Managing
Director of the Palabora Mining Company in South Africa and Chief Operating Officer of Oyu Tolgoi in
Mongolia. Passionate about safety and environmental stewardship Mr. Gili previously acted as Chairman of
the Palabora Foundation, and Chairman of the Mongolian Safety Association.
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Mr. Gili, Ur-Energy President, states "I am extremely excited to join U r-Energy and work with Jo hn and the
outstanding management team. There is significant value to unlock with the advancement of Lost Creek,
Shirley Basin and the Company’s exploration projects. I look forward to contributing to the realization of the
full potential of the current operations and the continued growth of Ur-Energy’s resource base and other
growth strategies."
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 and packaged approximately 2.9 million pounds U 3O8 from Lost Creek
since the commencement of operations. Ur -Energy has begun development and construction activities at
Shirley Basin, the Company’s second in situ recovery uranium facility in Wyoming. 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 in Littleton, Colorado
and its registered office is in Ottawa, Ontario.
FOR FURTHER INFORMATION, PLEASE CONTACT
John W. Cash, Chairman and CEO
720-981-4588, ext. 303
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 complete ramp up at
Lost Creek and build out and ramp up of Shirley Basin as currently projected in order to reach full production
levels; the timing, implementation and funding for the directives included in the recent Executive Orders
related to nuclear energy, and the resulting effects on the domestic uranium recovery industry including
effects for our company if the directives are success fully implemented) 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. Generally, forward -
looking statements can be identified by the use of forward -looking terminology such as "plans," "expects,"
"does not expect," "is expected," "is likely," "estimates," "intends," "anticipates," "does not anticipate," or
"believes," or variations of the foregoing, or statements that certain actions, events or results "may," "could,"
"might" or "will be taken," "occur," "be achieved" or "have the potential to." All statements, other than
statements of historical fact, are considered to be forward-looking statements. Forward-looking statements
involve known and unknown risks, uncertainties and other factors which may cause the actual results,
performance or achievements of the Company to be materially different from any future results,
performance or achievement s express or implied by the forward -looking statements. 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 uranium 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.sedarplus.ca and www.sec.gov. Readers should not place undue reliance on forward -
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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.