FOR
IMMEDIATE RELEASE
Ur-Energy
Inc. to List on the American Stock Exchange
Denver, Colorado (Marketwire –
July 22, 2008) Ur-Energy Inc.
(TSX:URE) (“Ur-Energy” or the “Corporation”) announced today
that its common shares have been approved for listing on the American Stock
Exchange (“AMEX”). The Corporation expects its common shares to begin
trading on the AMEX on or about Thursday, July 24, 2008, under the symbol
“URG”. This approval is contingent upon the Corporation being in
compliance with all applicable listing standards on the date it begins trading
on the AMEX, and may be rescinded if the Corporation is not in compliance with
such standards.
The
Corporation will retain its listing on the TSX under the symbol
“URE”. In connection with its application to list on the AMEX,
Ur-Energy filed a registration statement on Form 40-F with the U.S. Securities
and Exchange Commission. The Form 40-F, as amended, is available at
www.sec.gov,
www.sedar.com
and on the Corporation’s website at www.ur-energy.com.
“We are
pleased to receive the approval for our AMEX listing, which will be a nice
complement to our TSX listing. The AMEX listing will help to increase
our U.S. shareholder base, something we’ve wanted to do for quite some time
now,” stated Ur-Energy President and CEO Bill Boberg.
Board
Chairman and Executive Director Jeff Klenda added, “We look forward to
heightening our profile with U.S. institutional and retail
investors. The AMEX listing will enable us not only to tell the
Ur-Energy story to investors in the U.S. for the first time, but to also provide
better access and improved trading liquidity to all Ur-Energy
shareholders.”
About
Ur-Energy
Ur-Energy
is a uranium exploration and development company currently completing mine
planning and permitting activities to bring its Lost Creek Wyoming uranium
deposit into production. Ur-Energy engages in the identification,
acquisition and exploration of uranium properties in both Canada and the United
States. Shares of the Corporation trade on the Toronto Stock Exchange
under the symbol “URE”. Ur-Energy has a registered office in Ottawa, Canada and
its corporate headquarters are located in Littleton, Colorado. The
Corporation’s website is at www.ur-energy.com.