Ur-Energy Closes $120 Million Convertible Senior Notes Offering

Reuters
Dec 16
Ur-Energy Closes $120 Million Convertible Senior Notes Offering

Ur-Energy Inc. has announced the closing of its previously announced private placement of $120 million aggregate principal amount of 4.75% Convertible Senior Notes due 2031. The offering included the full exercise by initial purchasers of their option to buy an additional $20 million of notes. The notes carry a 4.75% annual cash interest coupon, payable semi-annually, and feature a conversion price of approximately $1.73 per common share-a 27.5% premium to the last reported sale price on December 10, 2025. Proceeds from the offering will be used to support the expansion of Ur-Energy's exploration and development activities, including ramping up production at the Lost Creek mine and finalizing construction at Shirley Basin. The notes were structured to minimize immediate shareholder dilution and provide operational flexibility.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Ur-Energy Inc. published the original content used to generate this news brief via ACCESS Newswire (Ref. ID: 1117326) on December 15, 2025, and is solely responsible for the information contained therein.

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