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Ur-Energy Inc. Announces $4.68 Million Registered Direct Offering
Ur-Energy Inc. Announces $4.68 Million Registered Direct Offering Canada NewsWire ...
About this update from Ur-energy Inc.
[{"type":"text","content":"\n\n\n\nUr-Energy Inc. Announces $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., July 31, 2020\n\n\n\nLITTLETON, Colo., July 31, 2020 /PRNewswire/ -- Ur-Energy Inc. (NYSE American: URG) (TSX: URE) (\"Ur-Energy\") announced today that it has entered into a securities purchase agreement with selected investors providing for the purchase and sale, in a 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, with gross proceeds to Ur-Energy of $4.68 million. 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. Closing of the offering is expected to occur on or about August 4, 2020. \n\n \n \n \n \n \n \n\n \nCantor Fitzgerald & Co. is acting as the sole placement agent in connection with the offering on a \"reasonable best efforts\" basis. \nUr-Energy anticipates using the net proceeds from the offering to sustain operations, working capital and general corporate purposes. The 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 will be filed with the SEC and made 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...