LITTLETON, Colo., May 29, 2015 /CNW/ -- Ur-Energy Inc.
(NYSE MKT:URG) (TSX:URE) ("Ur-Energy" or the "Company")
announces the results of the Company's Annual and Special Meeting
of Shareholders held May 28, 2015,
including the election of Directors.
Each of the nominee Directors listed in the Company's management
proxy circular dated April 20, 2015
was elected as a Director. The Company received proxies with regard
to voting on the six Directors nominated for election, as
follows:
|
Nominee
|
Vote
For
|
%
|
Votes
Withheld
|
%
|
|
Jeffrey T.
Klenda
|
35,545,712
|
98.53
|
530,578
|
1.47
|
|
Paul
Macdonell
|
25,674,502
|
71.17
|
10,401,778
|
28.83
|
|
W. William
Boberg
|
25,679,084
|
71.18
|
10,397,196
|
28.82
|
|
James M.
Franklin
|
25,742,402
|
71.36
|
10,333,878
|
28.64
|
|
Thomas
Parker
|
25,720,087
|
71.29
|
10,356,193
|
28.71
|
|
Gary C.
Huber
|
25,726,284
|
71.31
|
10,349,996
|
28.69
|
Additionally, there were 41,562,998 non-votes in the
election.
Also at the Annual and Special Meeting of Shareholders, the
Company's Successor Shareholder Rights Plan were approved by a
majority of the votes represented (69.25%).
The Company's independent auditors PricewaterhouseCoopers LLP
were reappointed by the Shareholders and the Directors of the
Company were authorized to fix the remuneration of the
auditors.
The "say on pay" vote to approve executive compensation was
approved with 68.59% of the votes cast voting for the non-binding
advisory vote.
The vote to ratify the Company's Advance Notice By-Law did not
pass. 57.71% of the votes were cast against the ratification
of the by-law.
The amendments to the Restricted Share Unit Plan of the Company
were approved by a majority of the votes represented (94.45%),
after the exclusion of votes held by certain insiders and their
affiliates.
About Ur-Energy
Ur-Energy is a uranium mining company
operating the Lost Creek in-situ recovery uranium facility
in south-central Wyoming. The Lost
Creek processing facility has a two million pounds per year
nameplate design capacity. Shirley
Basin, our newest project, is one of the Pathfinder Mines
assets we acquired in 2013. Baseline studies necessary for
permitting and licensing of the project are currently being
advanced. Ur-Energy is engaged in uranium mining, recovery and
processing activities, including the acquisition, exploration,
development and operation of uranium mineral properties in
the United States. Shares of
Ur-Energy trade on the NYSE MKT under the symbol "URG" and on the
Toronto Stock Exchange under the symbol "URE." Ur-Energy's
corporate office is located in Littleton,
Colorado; its registered office is in Ottawa, Ontario. Ur-Energy's website is
www.ur-energy.com.
FOR FURTHER INFORMATION, PLEASE CONTACT
|
Rich Boberg,
Director, IR/PR
|
Jeffrey T. Klenda,
Executive Director
|
|
866-981-4588
|
and Acting
CEO
|
|
rich.boberg@ur-energy.com
|
866-981-4588
|
|
jeff.klenda@ur-energy.com
|
Cautionary Note Regarding Forward-Looking
Information
This release may contain "forward-looking
statements" within the meaning of applicable securities laws
regarding events or conditions that may occur in the future
(e.g., results of production and continued efforts to ramp
up production at the Lost Creek facility; ability to meet
production targets; ability to advance Shirley Basin into and through permitting
process as projected) and are based on current expectations that,
while considered reasonable by management at this time, inherently
involve a number of significant business, economic and competitive
risks, uncertainties and contingencies. Factors that could cause
actual results to differ materially from any forward-looking
statements include, but are not limited to, capital and other costs
varying significantly from estimates; failure to establish
estimated resources and reserves; the grade and recovery of ore
which is mined varying from estimates; production rates, methods
and amounts varying from estimates; delays in obtaining or failures
to obtain required governmental, environmental or other project
approvals; inflation; changes in exchange rates; fluctuations in
commodity prices; delays in development and other factors described
in the public filings made by the Company at www.sedar.com and
www.sec.gov. Readers should not place undue reliance on
forward-looking statements. The forward-looking statements
contained herein are based on the beliefs, expectations and
opinions of management as of the date hereof and Ur-Energy
disclaims any intent or obligation to update them or revise them to
reflect any change in circumstances or in management's beliefs,
expectations or opinions that occur in the future.
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SOURCE Ur-Energy Inc.