Tuesday, June 18, 2013

Ur-Energy Inc. - URE.t

Ur-Energy Inc. - URE.t has completed permitting activities at its Lost Creek ISR Uranium Project in Sweetwater County, Wyoming and has started construction of a two-million-pounds-per-year processing facility.

The company is a near-term uranium producer in Wyoming.

On June 17, 2013 the company released News

Ur-Energy Inc. (TSX:URE, NYSE MKT:URG) (“Ur-Energy” or the “Company”) is set to join the broad-market Russell 3000Ò Index when Russell Investments (“Russell”) reconstitutes its comprehensive set of U.S. and global equity indexes on June 28, according to a preliminary list of additions posted June 14 on www.russell.com/indexes.

Annual reconstitution of Russell’s U.S. indexes captures the 4,000 largest U.S. stocks as of the end of May, ranking them by total market capitalization. Membership in the Russell 3000Ò, which remains in place for one year, means automatic inclusion in the large-cap Russell 1000Ò Index or small-cap Russell 2000Ò Index as well as the appropriate growth and value style indexes. Russell determines membership for its equity indexes primarily by objective, market-capitalization rankings and style attributes.

“The Ur-Energy team is excited to be included in the Russell 3000Ò Index, validating our continued effort to build shareholder value,” said Jeff Klenda, Chairman of the Board of Ur-Energy. “We believe that this provides us with the opportunity to expand our shareholder base as we complete construction of our Lost Creek Project, continue to capitalize on our strategic initiatives and grow our Company.”