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Stock impact report

Ur-Energy Announces Decision to Build Out Shirley Basin Mine [Yahoo! Finance]

Ur Energy Inc Common Shares (Canada) (URG) 
NASDAQ:AMEX Investor Relations: ur-energy.com/stock-information
Company Research Source: Yahoo! Finance
decision to build out our wholly owned, fully permitted and licensed Shirley Basin Project in Carbon County, Wyoming. This decision was based on our growing uranium sales contract book, a strong uranium market price, and an expectation of growing demand for uranium as nations increasingly move toward clean nuclear power. John Cash, the Company's CEO and Chairman of the Board, stated, "The decision to build out our Shirley Basin Project is a major milestone for our Company as it will nearly double our annual permitted mine production capacity to 2.2 million pounds while diversifying our supply. The build out will also solidify our position as the dominant producer in the Great Divide Basin and Shirley Basin Districts of Wyoming. We look forward to bringing in situ mining technology back to its birthplace in Shirley Basin where it was pioneered beginning in 1963. The Shirley Basin Uranium District has a long, proud history and we are excited to bring the jobs back while responsibly Show less Read more
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