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Published on 12/14/2006 in the Prospect News PIPE Daily.

New Issue: Ur-Energy concludes C$2.5 million stock offering

By Sheri Kasprzak

New York, Dec. 14 - Ur-Energy Inc. settled a private placement for C$2.5 million.

The company sold 500,000 flow-through shares at C$5.00 each.

Proceeds will be used for exploration on the company's Thelon Basin projects.

Based in Denver, Ur-Energy is a uranium exploration and development company.

Issuer:Ur-Energy Inc.
Issue:Flow-through shares
Amount:C$2.5 million
Shares:500,000
Price:C$5.00
Warrants:No
Settlement date:Dec. 14
Stock symbol:Toronto: URE
Stock price:C$4.09 at close Dec. 14

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