Ur-Energy Provides Photos of Lost Creek ISR Project Construction Activities
LITTLETON, Colo., Feb. 21, 2013 /CNW/ - Ur-Energy Inc. (TSX:URE, NYSE MKT:URG)
("Ur-Energy") is pleased to share a few photos of the construction activities
of the Lost Creek ISR processing facility located in Sweetwater County,
Work is continuing and the project remains on schedule for an early summer
2013 completion. Additional photos of the construction activities can be
found in a slideshow at www.ur-energy.com.
Ur-Energy is a junior uranium mining company currently constructing its first
in-situ recovery (ISR) uranium mine in south-central Wyoming at its fully
licensed and permitted Lost Creek project. The Lost Creek processing facility
will have two million pounds per year capacity and is anticipated to be in
production mid-year 2013. Ur-Energy engages in the identification,
acquisition, exploration and development of uranium projects in the United
States and Canada. Shares of Ur-Energy trade on the Toronto Stock Exchange
under the symbol "URE" and on the NYSE MKT under the symbol "URG". 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 Wayne Heili, President and CEO
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., timing of completion of construction and commencement of
operations at Lost Creek; timing and outcome of the challenge to the BLM
Record of Decision, including the outcome of petitioner's motion seeking a
preliminary injunction) 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. 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.
AP PhotoExpress Network: PRN32,33,34,35
PRN Photo Desk, email@example.com
SOURCE: Ur-Energy Inc.
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