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Ur-Energy Reports Results of Annual General and Special Meeting of Shareholders and Appointment of Chairman of the Board

Management Changes Shareholder Meetings

10758 W. Centennial Rd. Suite 200

Littleton, CO 80127

Phone: 720.981.4588

Fax: 720.981.5643

www.ur-energy.com

News Release

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

and Appointment of Chairman of the Board

Littleton, Colorado (ACCESSWIRE – June 3, 2022) Ur-Energy Inc. (NYSE American:URG) (TSX:URE) (the “Company”

or “Ur -Energy”) announces the results of the Company’s Annual General and Special Meeting of Shareholders

(“Shareholders Meeting”) held June 2, 2022, including the election of Directors.

Each of the nominee Directors listed in the Company's management proxy circular dated April 21, 2022 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 % Non-Votes

W. William Boberg 50,021,685 68.20 23,326,255 31.80 44,631,927

John W. Cash 71,947,377 98.09 1,400,564 1.91 44,631,926

Rob Chang 62,313,454 84.96 11,034,486 15.04 44,631,927

James M. Franklin 61,074,768 83.27 12,273,173 16.73 44,631,926

Gary C. Huber 53,206,557 72.54 20,141,383 27.46 44,631,927

Thomas H. Parker 70,333,076 95.89 3,014,865 4.11 44,631,926

Kathy E. Walker 71,594,668 97.61 1,753,272 2.39 44,631,927

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 79.07% of the votes cast voting for

the non-binding advisory vote.

Renewal of t he Amended and Restated Restricted Share Unit and Equity Incentive Plan of the Company w as

approved by a majority of the votes represented (60.62%), after the exclusion of votes held by certain insiders and

their affiliates.

Following the Shareholders Meeting, the Board met and has appointed John W. Cash Chairman of the Board. Mr.

Cash succeeds Jeffrey Klenda as Chairman. Mr. Klenda has retired effective June 2, 2022. Mr. Cash was named Chief

Executive Officer effective March 1, 2022 and, effective June 3 , 2022, has also been named President of the

Company. Thomas Parker, Lead Independent Director, will continue to serve in that role on the Board.

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

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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

John W. Cash, Chairman, CEO and President

866.981.4588, ext. 303

[email protected]