Ur-Energy Announces Senior Leadership Changes
News Release
10758 W. Centennial Rd. Suite 200
Littleton, CO 80127
Phone: 720.981.4588
www.ur-energy.com
Ur-Energy Announces Senior Leadership Changes
Littleton, Colorado (ACCESSWIRE – March 1, 20 22) Ur-Energy Inc. ( NYSE American:URG) (TSX:URE) (the
“Company” or “Ur-Energy”) announces that Jeffrey T. Klenda, the Company’s Chairman , CEO and President is
resigning as c hief executive officer, effective on March 1, 2022 . John W. Cash, the Company’s current Vice
President Regulatory Affairs, has been named as the new Chief Executive Officer and has been appointed to serve
as a member of the Board of Directors effective on the same date. Mr. Klenda will remain as Chairman and
President at this time.
Mr. Klenda is a co-founder of Ur-Energy and has led the Company since its inception, to public listings in Canada
(TSX, 2005) and the United States (NYSE American, 2008), the acquisition of the Company’s flagship Lost Creek
Project through to its first eight years of production operations and bringing the Shirley Basin project back onto
the ISR map where it premiered in situ uranium recovery nearly 60 years ago . After nearly two decades at the
helm of Ur-Energy, Mr. Klenda has decided for personal reasons to step back from the day-to-day chief executive
role, while continuing to serve a s the Company’s Chairman and President. The Company anticipates that Mr.
Klenda’s continuing role as Chairman and President will provide a valuable transition period and will conclude
with his retirement following the Company’s Annual General Meeting of Shareholders to be held in June 2022. At
that time, Mr. Cash will also assume the role of President of the Company.
Thomas Parker, the Lead Independent Director of the Company, said, “Our Board, and I personally, would like to
express our sincere gratitude to Jeff for his leadership in building and sustaining our Company. His tireless efforts
have placed Ur-Energy in its leadership role in the uranium recovery industry. Jeff has built and led a management
team, including his successor John Cash, wh ich guided us to production operations at Lost Creek and the ful l
permitting of our Shirley Basin Project, which stands construction ready.”
Mr. Cash joined Ur-Energy in 2007 and has led the permitting and licensure of both the Lost Creek and Shirley
Basin uranium mines, while managing the environmental, health and safety (“EHS”) and geology departments and
contributing to the development and growth of the Company. Mr. Cash was appointed as Vice President
Regulatory Affairs in 2011. During his tenure with Ur-Energy, Mr. Cash has gained a well-deserved reputation for
developing impactful solutions for industry related to water management, EPA aquifer exemptions, technical
design, and environmental matters. He is a respected industry leader and has served as a past president of the
Uranium Producers of America.
Mr. Cash said, “I wish to thank Mr. Klenda and the Board of Directors for the confidence they have placed in me,
and I commit to continue working for every success of the Company and to ensure their confidence is well placed.
Over the past 14 years I have consistently found that Ur-Energy’s management and staff are exceptional, and I am
excited to continue working with them to advance the Company in my new role. Our operating Lost Creek mine,
licensed at 2.2 million pounds per year, has proven to be a prolific producer and we are actively installing wells
and the next header house to facilitate a quick ramp up as market conditions continue to improve and for when
our go-decision is made. Ur-Energy is staffed with miners, from top to bottom, and we are excited about the future
of our Company and our industry.”
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Mr. Cash has nearly 30 years of diverse experience in the uranium industry , from which he has acquired broad-
reaching expertise in exploration, EHS including radiation safety, regulatory and legislative affairs , and uranium
recovery operations, as well as extensive management experience. Prior to joining Ur- Energy, Mr. Cash work ed
for established uranium mining companies, including BHP, Rio Algom Mining, and Crow Butte Resources, a
subsidiary of Cameco, in various roles in mineral exploration, as Operations Superintendent and EHS Manager. As
Operations Superintendent, Mr. Cash managed all aspects of wellfield production and plant processing at the
800,000 lbs. U3O8 per year Crow Butte ISR facility. Mr. Cash is a Fellow of the inaugural World Nuclear Summer
Institute. Mr. Cash received B.Sc. and M.Sc. degrees in Geology and Geophysics from the University of Missouri-
Rolla.
Mr. Klenda said of Mr. Cash, “We believe that John is the leadership of the future: for our industry, our Company
and our shareholders. He is widely known and well respected for his industry knowledge and integrity. John brings
vision, ingenuity and pragmatism to our challenging yet exciting industry which is critical to our nation’s security
and economic and climate future. I couldn’t be more pleased and confident to be passing the reigns of our
Company to his capable guiding hand.”
“I would also like to take this opportunity to thank our Board, my executive management team and our long-
serving staff, all of whom are so dedicated to Ur -Energy. I am confident that the commitment they have
demonstrated to produce the many achievements of our Company to date will continue and, with John in his new
roles, Ur-Energy will continue to grow and be successful. I thank each of you for your dedication and service to
Ur-Energy.”
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 U 3O8 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.
FOR FURTHER INFORMATION, PLEASE CONTACT
John W. Cash, Chief Executive Officer
866-981-4588 (ext. 303)