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Ur-Energy Inc. Announces Closing of $4.68 Million Registered Direct Offering
Ur-Energy Inc. Announces Closing of $4.68 Million Registered Direct Offering Canad...
About this update from Ur-energy Inc.
[{"type":"text","content":"\n\n\n\nUr-Energy Inc. Announces Closing of $4.68 Million Registered Direct Offering\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n\n\n\n\n\n\n\nCanada NewsWire\nLITTLETON, Colo., Aug. 4, 2020\n\n\n\nLITTLETON, Colo., Aug. 4, 2020 /CNW/ -- Ur-Energy Inc. (NYSE American: URG) (TSX: URE) (\"Ur-Energy\") announced today the closing of its previously announced registered direct offering of 9,000,000 common shares and accompanying one-half common share warrants to purchase up to 4,500,000 common shares, at a combined public offering price of $0.52 per common share and accompanying one-half common share warrant. The common share warrants will expire two years from the date of issuance and will allow the holders to purchase our common shares at an exercise price of $0.75 per whole common share. The gross proceeds to Ur–Energy from this offering, before deducting the placement agent's fees and other estimated offering expenses payable by Ur–Energy, were $4.68 million. \n\n \n \n \n \n \n \n\n \nCantor Fitzgerald & Co. acted as the sole placement agent for the offering. \nUr-Energy anticipates using the net proceeds from the offering to sustain operations, and for working capital and general corporate purposes. \nThe securities described above are being offered by Ur–Energy pursuant to a shelf registration statement on Form S-3 previously filed with and declared effective by the Securities and Exchange Commission (the \"SEC\") on May 27, 2020.  A prospectus supplement and the accompanying prospectus relating to the securities being offered have been filed with the SEC and are available on the SEC's website at http://www.sec.gov. Copies of the prospectus supplement and accompanying prospectus may be obtained from Cantor Fitzgerald & Co., Attention: Capital Markets, 499 Park Ave., 6th Floor, New York, New York 10022 or by e-mail at [email protected].\nThis announcement is neither an offer to sell, nor a solicitation of an offer to buy, any of these securities and shall not constitute an offer, solicitation or sale ...