Ur-Energy Announces Appointment of New Board Members: John Paul Pressey and Elmer W. Dyke
News Release
10758 W. Centennial Rd. Suite 200
Littleton, CO 80127
Phone: 720.981.4588
www.ur-energy.com
Ur-Energy Announces Appointment of New Board Members: John Paul Pressey and Elmer W. Dyke
Littleton, Colorado (ACCESSWIRE – April 8, 2024 ) Ur-Energy Inc. (NYSE American:URG) (TSX:URE) (the
“Company” or “Ur-Energy”) is pleased to announce the appointment of John Paul Pressey and Elmer W. Dyke
as new members of the Ur-Energy Board of Directors.
Ur-Energy also announces the anticipated retirement of f ounding Director James M. Franklin and Director,
and former President and CEO, W. William Boberg. Both will continue to serve the Board until the Company’s
Annual Meeting of Shareholders, June 6, 2024, though neither will stand for re-election at the Meeting. The
Company is pleased that our new Board members will be able to benefit from this transition period prior to
Dr. Franklin and Mr. Boberg’s retirement from the Company.
Ur-Energy Chairman and CEO, John Cash, stated, “We are excited to welcome John Paul (J P) Pressey and
Elmer Dyke as Directors on Ur -Energy’s Board. Mr. Pressey has nearly 30 years of valuable audit and
assurance experience from his career with PricewaterhouseCoopers, including 16 years as a partner. We are
pleased that Mr. Pressey brings to our Board his wide-ranging experience having worked with numerous
publicly traded companies, including international mining companies, while at PricewaterhouseCoopers. Mr.
Dyke is widely known as a leader in the global nuclear community and brings 35 years’ experience working
in senior positions on issues such as the nuclear fuel cycle, nuclear non-proliferation and marketing of nuclear
fuel. Welcome aboard JP and Elmer. We look forward to working with you to advance Ur -Energy’s interests
as the world is increasingly turning to nuclear power.
“Personally, and on behalf of the Company, I wish to thank Dr. Jim Franklin and Mr. Bill Boberg for their many
years of unwavering service to Ur -Energy. While their contributions are too many to list, it is worth noting
that Jim Franklin was a founding Director of Ur-Energy when he and original management of the Company
recognized in the early 2000s the impending uranium supply gap. Jim’s assessments were accurate, and the
timely formation of Ur -Energy positioned us to grow the Company to our current ability to capitalize on a
strong market for nuclear fuel . Bill Boberg contributed throughout the years serving as a Director and an
executive of the Company, but he is perhaps best known for the acquisition of the Great Divide Basin assets
in Wyoming, including the property which became our flagship producing mine, Lost Creek. Jim and Bill, thank
you so much for your guidance over the years. Without your l eadership, Ur-Energy simply would not be the
strong company it has become.”
John Paul Pressey had a nearly three-decade long career in the assurance practice at
PricewaterhouseCoopers LLP, with 16 years as a partner. With a Bachelor of Commerce degree from the
University of Alberta, Mr. Pressey is a Chartered Professional Accountant with extensive experience working
with U.S. and Canadian publicly traded companies in the mining industry, and other industr ies including
manufacturing, utilities, and alternative energy. His experience includes acquisit ions and capital markets
transactions, working with clients to identify and implement practical business solutions to accounting, audit
and financial issues . Well-respected for his ethics and integrity, Mr. Pressey spent six years at
PricewaterhouseCoopers as its Assurance Leader for British Columbia , overseeing all aspects of
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PricewaterhouseCoopers’s assurance results and operations for that Province . Mr. Pressey has significant
experience presenting to and working with boards of client companies and has facilitated sessions at the
Institute for Corporate Directors.
Elmer Dyke is a recognized global leader in the commercial and government nuclear industry with over 35
years’ experience. Mr. Dyke has a Bachelor of Arts Degree in International Political Economy from Davidson
College and served as a U.S. Army Officer for thirteen years. Mr. Dyke’s professional career includes a tenure
with the U.S. Department of State during which he directed international security programs, including nuclear
nonproliferation and high technology projects and was detailed to the Departments of Defense and
Commerce. Mr. Dyke has worked within global firms NAC International and Booz Allen Hamilton where he
served as an expert on nuclear nonproliferation, strategy and nuclear fuel cycle. More recently, Mr. Dyke
filled senior executive roles at Centrus Energy Corporation, a global nuclear fuel supplier and technical
services provider. At Centrus Energy and in prior executive roles, Mr. Dyke led strategic planning and business
development, financial performance , and risk management for the businesses. Currently, Mr. Dyke leads
New Horizons Nuclear Associates, LLC, a global nuclear consulting firm he formed in 2022. Mr. Dyke is
intimately involved with the entire nuclear fuel cycle and has served terms on the b oard of directors of the
World Nuclear Association and the U.S. Nuclear Industry Council.
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. 8 million pounds U3O8 from
Lost Creek since the commencement of operations. Ur -Energy 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 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, CEO & President
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., when the Company will receive all remaining
regulatory authorizations for the Lost Creek expansion; the ability to progress the planned construction and
buildout of Shirley Basin as currently projected; and what further growth of the Company is achieved and on
what timing) 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
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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 achievements 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 ore which is mined varying from estimates; production
rates, method s 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-
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.