URE Board of Directors resolved to abandon the private placement of common shares approved at the 2021 Annual Shareholders’Meeting for the remaining period.

 URE Board of Directors resolved to abandon the private
placement of common shares approved at the 2021 Annual
Shareholders'Meeting for the remaining period.

1.Date of the board of directors resolution for the change:2022/03/11
2.Effective registration date of the original plan:N/A
3.Resolution date of additional issuance of the original plan:N/A
4.Reason for the change:
(1)At the annual shareholders' meeting dated 7 May 2021,
   URE resolved to issue up to 250,000,000 common shares for
   capital increase through private placement. According to
   Item 7 of Article 43-6 of the Securities and Exchange Act,
   a private placement of common shares may be carried out
   in installments within one year from the date of the
   resolution of the shareholders' meeting.
(2))To date the aforesaid private placement of common
    shares has not been executed. URE has now proposed
    other private placement arrangements, and as the original
    private placement fails to qualify the new requirements,
    URE plans to abandon the original private placement for
    the remaining period.
5.Content of each and every successive previously changed plan for raising
of funds before and after change:N/A
6.Projected timetable for execution:N/A
7.Projected completion date:N/A
8.Projected possible benefits:N/A
9.Difference from original projected benefits:N/A
10.Effect of the current change on shareholder equity:none
11.Abstract of the original lead underwriter's appraisal opinion:none
12.Any other matters that need to be specified:none