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URE.TO ·

Ur-Energy to Attend and Present at The Investor Summit Group’s Q2 Conference in NYC May 3 - 4

Marketing Announcement

10758 W. Centennial Rd.

Littleton, CO 80127

Phone: 720.981.4588

www.ur-energy.com

News Release

Ur-Energy to Attend and Present at The Investor Summit Group’s Q2 Conference in NYC May 3 - 4

Littleton, C olorado (ACCESSWIRE – April 26, 202 2) Ur-Energy Inc. (NYSE American:URG)(TSX:URE) (the

“Company” or “Ur-Energy”) is pleased to announce that its CEO, John Cash, will attend and present at the Q2

Investor Summit being held in New York City on May 3 - 4, 2022.

Mr. Cash will present an update on the advance preparations at Lost Creek which will accelerate our ability to

quickly ramp -up production when conditions warrant . Additionally, Mr. Cash looks forward to providing a

progress report on our innovative R&D projects. One of the new technologies would result in an additional 90%

reduction of disposed water - beyond gains we have already achieved with our first-in-industry Class V system. A

second project, on which we have filed a provision al patent, has the potential to reduce wellfield rig time and

costs as well as further reducing the already light environmental impact of our recovery methods.

The Investor Summit is being held at the Westin New York Grand Central, 212 E. 42nd St., New York, NY 10017.

Mr. Cash is presenting May 4, 2022, from 9:30 a.m. to 10:00 a.m.

One-on-one meetings are available for qualified investors to meet with Mr. Cash during the Conference . Please

register for complimentary conference access at Complimentary Investor Registration.

If you are unable to attend the Investor Summit, Mr. Cash ’s presentation will be webcast and can be accessed

here: https://us06web.zoom.us/webinar/register/WN_XkUOyYkxQpK5P3VMy-KYDw

The Investor Summit Group is an exclusive, independent conference dedic ated to connecting smallcap and

microcap companies with qualified investor s. The Q2 Investor Summit Group will take place in -person, featuring

65+ compani es and over 300 investors comprising institutional investors, family offices, and high net worth

investors. Contact: [email protected].

About Ur-Energy

Ur-Energy is a u ranium mining company operating the Lost Creek i n-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 Co mpany’s second in situ recovery uranium facility in Wyoming and is in the

process of obtaining remaining authorizations for the expansion of Lost Creek. Ur -Energy is engaged in uranium

recovery and processing activ ities, includ ing the acquisition, exploration, develo pment, and operation of

uranium mineral properties in the United States. The primary tradin g market for Ur-Energy’s common shares is

on the NYSE American under t he symbol “URG.” Ur -Energy’s common shares also trade o n the Toronto Stock

Exchange under the s ymbol “ URE.” Ur -Energy’s corporate office is located in Littleton, C olorado and its

registered office is located in Ottawa, Ontario.

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FOR FURTHER INFORMATION, PLEASE CONTACT

John W. Cash, Chief Executive Officer

866-981-4588 (ext. 303)

[email protected]

Cautionary Note Regarding Forward-Looking Information

This release may contain “forward -looking state ments” within the meaning of applicable securities laws

regarding events or conditions that may occur in the future (e.g., the ability to readily ramp -up production

operations when future devel opment and construction priorities are determined; the viability of an y of th e

Company’s ongoing R&D efforts, including the timing and cost to permit, implement and operate one or more of

such advances, and the relative success achieved) and are based on c urrent expectations that, while considered

reasonable by management at this time, inherently involve a number of significant busi ness, economic and

competitive risks, uncer tainties 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 fo rward-

looking statements include 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, expecta tions 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.