Ur-Energy Set to Join the Russell Index
News Release
10758 W. Centennial Rd. Suite 200
Littleton, CO 80127
Phone: 720.981.4588
Fax: 720.981.5643
www.ur-energy.com
Ur-Energy Set to Join the Russell Index
Littleton, Colorado (ACCESSWIRE – June 7, 2021) Ur-Energy Inc. ( NYSE American:URG) (TSX:URE) (the
“Company” or “Ur-Energy”) is set to join the broad-market Russell 3000 Index at the conclusion of the
2021 Russell i ndexes annual reconstitution, effective after the U .S. market opens on June 28, 2021
according to a preliminary list of additions made public June 4, 2021.
Annual Russell indexes reconstitution captures the 4,0 00 largest U.S. stocks as of May 7, ranking them
by total market capitalization. Membership in the U .S. all-cap Russell 3000 Index, which remains in
place for one year, means automatic inclusion in the large -cap Russell 1000 Index or small-cap Russell
2000 Index as well as the appropriate growth and value style indexes. FTSE Russell determines
membership for its Russell indexes primarily by objective, market -capitalization rankings and style
attributes.
Ur-Energy Chairman and CEO Jeff Klenda, said, “Ur-Energy is excited to be included in the Russell 3000
Index. This listing reflects the significant increase in our market capitalization over the past several
months, and our continued effort to build shareholder value. Inclusion in the Russell 3000 is significant
as the Russell indexes are widely followed by the investment community. We believe inclusion in the
Russell index provides us with the opportunity to expand our shareholder registry as we continue to
progress our strategic initiatives and maintain operational readiness until we ramp -up production
operations at our Lost Creek Project.”
Russell indexes are widely used by investment managers and institutional investors for index funds and
as benchmarks for active investment strategies. Approximately $10.6 trillion in assets are benchmarked
against Russell’s U.S. indexes. Russell indexes are part of FTSE Russell, a leading global index provider.
FTSE Russell index expertise and products are used extensively by institutional and retail investors
globally. Approximately $17.9 trillion is currently benchmarked to FTSE Russell indexes. For over 30
years, leading asset owners, asset managers, ETF providers and investment banks have chosen FTSE
Russell indexes to benchmark their investment performance and create ETFs, structured products and
index-based derivatives. For more information on the Rus sell 3000 ® Index and the Russell indexes
reconstitution, go to the “Russell Reconstitution” section on the FTSE Russell website.
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 h as 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
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authorizations for expansion of Lost Cre ek. 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 & CEO
866-981-4588
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., whether inclusion on the Russell Index
will enhance shareholder value and permit the Company to expand its shareholder registry; the success
of the Company’s ongoing strategic initiatives; what decisions will be made for ramp-up of operations at
Lost Creek, and wh en those decisions will occur) 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. 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; fluctuations in commodity prices; failure
to establish estimated resources; the grade and recovery of mineral resources which are 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; changes to
regulatory and le gal requirements; inflation; changes in exchange rates; delays in development, and
other factors described in the public filings made by the Company at www.sedar.com 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.