Ur-Energy INC: management transactions · United States · SEC (Form 4)

About Ur-Energy INC

Ur-Energy Inc. (ticker: URG) is a U.S. uranium producer listed on NYSE American in the United States. For French-speaking investors, it is a focused pure-play name with exposure to the upstream nuclear fuel cycle rather than a diversified mining conglomerate. The company specializes in in-situ recovery (ISR) uranium mining, a technique designed to recover uranium through solution mining with a comparatively lighter surface footprint than conventional open-pit or underground mining. Ur-Energy was originally incorporated in 2004 under Ontario law and continued under the Canada Business Corporations Act in 2006, but its operating base and asset footprint are centered in Wyoming, United States. ([sec.gov](https://www.sec.gov/Archives/edgar/data/0001375205/000110465926057462/urg-20260331x10q.htm?utm_source=openai)) The company’s flagship asset is Lost Creek in south-central Wyoming, an ISR uranium facility in production since 2013 that has produced more than 3.5 million pounds of U3O8. Lost Creek remains the core cash-generating and technical operating platform for the group, and it has been the foundation for Ur-Energy’s development story. A key growth catalyst is Shirley Basin, another historic Wyoming uranium district. Ur-Energy announced that initial operations began there in April 2026, making it the company’s second ISR facility and expanding its long-term production base. Beyond those two assets, the company also holds additional U.S. projects, including Lost Soldier and North Hadsell in Wyoming, as well as the Excel project in Nevada, although the strategic center of gravity remains Wyoming. ([ur-energy.com](https://www.ur-energy.com/about?utm_source=openai)) In competitive terms, Ur-Energy is positioned as a mid-tier domestic uranium producer with a clear investment thesis tied to U.S. nuclear fuel security, the broader revival of nuclear power, and the appeal of an ISR operating model that can offer a relatively efficient development and operating profile. The company emphasizes its technical expertise in uranium extraction, recovery and processing, along with a “light footprint” operating philosophy that fits the ISR model. Geographically, the business is highly concentrated in Wyoming, which is both a strength and a risk: it provides operating focus and regional expertise, but it also leaves the company exposed to state-level permitting, water management, and project execution dynamics. ([ur-energy.com](https://www.ur-energy.com/?utm_source=openai)) Recent milestones matter for the equity story. Ur-Energy reported year-end 2025 results in March 2026, highlighted improved Lost Creek operations during 2025, completed a $120 million convertible senior notes financing in December 2025, and then commenced operations at Shirley Basin in April 2026. For investors, that combination suggests a company moving from single-asset dependence toward a broader production base, while still remaining highly sensitive to uranium prices, ramp-up execution, regulatory approvals, and capital discipline. ([ur-energy.com](https://www.ur-energy.com/news-media/press-releases/detail/399/ur-energy-reports-year-end-2025-results-and-announces?utm_source=openai))