Ur-Energy Provides Pathfinder Mines Acquisition Update

LITTLETON, Colo., July 12, 2013 /CNW/ - Ur-Energy Inc. (TSX:URE, NYSE MKT:URG) 
 ("Ur-Energy" or the "Company") is pleased to announce that the Company has 
received notice from the U.S. Nuclear Regulatory Commission ("NRC") of its 
approval of the transfer of the Pathfinder Mines Corporation ("Pathfinder") 
Shirley Basin license. 
(Logo: http://photos.prnewswire.com/prnh/20110913/LA67628LOGO) 
The transfer approval is among the closing conditions of the Share Purchase 
Agreement with COGEMA Resources, Inc. ("COGEMA"), an affiliate of AREVA 
Mining, by which a U.S. subsidiary of Ur-Energy will acquire all the 
outstanding shares of Pathfinder.  For additional details, please see the 
Company's July 24, 2012 news release.  The NRC also approved the transfer to 
COGEMA of the NRC license for the Pathfinder Lucky Mc tailing site.  Ur-Energy 
will assume no obligations for the tailing site, which is fully reclaimed and 
in the process of being transferred to the U.S. Department of Energy. The 
Company and COGEMA continue to advance the other remaining governmental 
approvals and to satisfy additional customary closing conditions toward 
completing the acquisition anticipated during the third quarter this year. 
Ur-Energy CEO Wayne Heili said, "The completion of the Pathfinder transaction 
remains an integral element of Ur-Energy's U.S. based in-situ uranium recovery 
strategy.  We look forward to closing the acquisition in the near future." 
About Ur-Energy 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 in the second half of 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 
303-269-7707                                                                                               307-265-2373 
866-981-4588                                                                                               866-981-4588 
rich.boberg@ur-energy.com  wayne.heili@ur-energy.com 
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., the ability to complete and timing for a closing of the 
Pathfinder purchase transaction; timing of completion of construction and 
commencement of operations at Lost Creek) 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. 
http://www.ur-energy.com 
http://photos.prnewswire.com/prnh/20110913/LA67628LOGO 
SOURCE: Ur-Energy Inc. 
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CO: Ur-Energy Inc.
ST: Colorado
NI: OIL UTI MNG MNA  
-0- Jul/12/2013 10:00 GMT
 
 
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