URG

EX-99.1

2 urg-20260810xex99d1.htm

EX-99.1

Exhibit 99.1

​

Ur-Energy Reports Second Quarter 2026 Results

Full Operations at Shirley Basin Positions Ur-Energy as the Largest U.S. ISR Uranium Producer

​

Casper, Wyoming, August 10, 2026 – Ur-Energy Inc. (NYSE American:URG) (TSX:URE) (“Ur-Energy” or the “Company”), America’s largest and fastest-growing domestic ISR uranium producer, is pleased to announce its financial and operating results, along with development and exploration highlights, for the second quarter ended June 30, 2026.

Financial and Operating Highlights

◾New Record for Pounds Drummed: Processed and packaged 140,873 pounds of U₃O₈ during the quarter, an increase of 47.4% over the first quarter of 2026 and 25.7% over the second quarter of 2025, and the most drummed in a calendar quarter since the start of ramp up at Lost Creek in 2022.

◾Continued Increase of Pounds Shipped: Shipped 149,747 pounds of U₃O₈ to the conversion facility during the second quarter, an increase of 44.0% over the first quarter of 2026 and 42.2% over the second quarter of 2025.

◾Delivered on Contracted Sales: Sales for the second quarter under contracted deliveries totaled 215,000 pounds of U₃O₈ as projected, generating $14.4 million in product sales revenue.

◾Continued Low-Cost Production: The cash cost per pound of U₃O₈ sold during the quarter remained low at $40.20, compared to $37.51 for the first quarter of 2026 and $42.83 for the second quarter of 2025.

◾Strong Liquidity: Unrestricted cash and cash equivalents totaled $95.3 million at June 30, 2026.

◾Ending Inventory: Ended the second quarter with 348,292 pounds of finished inventory at the conversion facility, which was a 16.5% decrease from the first quarter of 2026 and 10.4% more than the second quarter of 2025.

Matt Gili, President & CEO of Ur-Energy, stated, “The second quarter of 2026 marked an inflection point for Ur-Energy. The continued ramp up at Lost Creek and the commencement of production at Shirley Basin has transformed us into both the largest and the fastest-growing ISR producer of uranium in the United States. We continue to expand our production, our operating costs remain among the lowest in the country, and our organic growth pipeline is advancing at pace.”

Development and Exploration Highlights

◾Final Regulatory Approval at Shirley Basin: In late June 2026, the Company received final state regulatory authorization to commence full production operations at Shirley Basin, including the transportation of uranium-loaded resin to Lost Creek for processing and shipping.

◾Shirley Basin Ready to Commence Full Operations: All plant infrastructure and processes are in place at Shirley Basin to transport uranium-loaded resin to Lost Creek and launch full production operations only two and a half years after the build out decision. The first shipment is expected imminently.

◾Production Optimization at Lost Creek: Continued to increase flow rates and further increase production, adding header houses, installing a sand filtration system and breaking ground on the planned wastewater treatment facility in July, and advancing initiatives to optimize wellfield chemistry.

◾Rapid Progress on Near-Mine Exploration: Completed test well clusters and began baseline environmental studies at Lost Soldier in anticipation of potential permitting as a satellite mine feeding Lost Creek. Also commenced planning and preparations for a 120-hole exploration drilling program at Lost Creek South – a highly prospective, under explored approximately 16-square mile property immediately adjacent to the Lost Creek operation.

​

Summary of Selected Second Quarter Results

​

Q2 2025

Q1 2026

Q2 2026

% Variance Q2 2026 to

Q2 20255

Q1 20265

​

​

​

​

​

​

Pounds Captured

128,970

110,314

105,016

-18.6%

-4.8%

Pounds Drummed

112,033

95,599

140,873

25.7%‌

47.4%

Pounds Shipped

105,316

103,956

149,747

42.2%

44.0%

Pounds Sold

165,000

55,000

215,000

30.3%

290.9%

Pounds in Inventory2

315,607

417,231

348,292

10.4%

-16.5%

Average Sales Price

$63.20

$70.98

$66.85

5.8%

-5.8%

Cash Cost Per Pound Sold3

$42.83

$37.51

$40.20

-6.1%

7.2%

Cash ($millions)4

$57.6

$122.8

$95.3

65.5%

-22.4%

1.All sales were under long-term contracts.

2.Pounds in inventory at the conversion facility.

3.Includes ad valorem and severance taxes but excludes non-cash costs.

4.Unrestricted cash position at the end of the quarter.

5.Percentages may not recalculate precisely due to rounding.

Lost Creek Production Growth and Continued Optimization

At Lost Creek, Ur-Energy’s flagship uranium ISR mining project, the Company drummed 140,873 pounds of U₃O₈, an increase of 47.4% over the first quarter of 2026 and 25.7% over the second quarter of 2025. The Company also shipped 149,747 pounds during this time, an increase of 44.0% over the first quarter of 2026 and 42.2% over the second quarter of 2025.

Wellfield development and surface construction remain on schedul

EX-99.1

2 urg-20260508xex99d1.htm

EX-99.1

Exhibit 99.1

Ur-Energy Reports Q1 2026 Results and

Announces Conference Call and Webcast

​

CASPER, WY / ACCESS Newswire / May 8, 2026 / Ur-Energy Inc. (NYSE American:URG)(TSX:URE) (the "Company,"

"Ur-Energy" or "we"), a domestic uranium producer with ISR projects that are among the largest and lowest-cost in the United

States, is pleased to announce its financial and operational results for the first quarter ended March 31, 2026. The Company will host a conference call and webcast on Monday, May 11. Details are provided below.

​

First Quarter 2026 Financial and Operating Results

Lost Creek Operations:

◾Pounds Captured: We captured 110,314 pounds of U₃O₈, a 41% increase over Q4 2025 and a 48% increase over Q1 2025, reflecting improved flow rates following plant modifications and repairs.

◾Production: We dried and packaged 95,599 pounds and shipped 103,956 pounds of U₃O₈.

◾Inventory: We ended the quarter with 417,231 pounds of finished inventory at the conversion facility. This represents a 14% increase over Q4 2025 and a 13% increase over Q1 2025.

Financial Performance

◾Contracted Sales: We sold 55,000 produced pounds of U₃O₈ as anticipated, generating $3.9 million in revenue, with a majority of our 2026 deliveries scheduled for the latter part of the year to complement the ramp-up and start-up schedules of Lost Creek and Shirley Basin.

◾Increased U3O8 Sales Price: The average price per pound sold during Q1 2026 of $70.98 was $7.78 higher than Q4 2025, driven by deliveries under contracts negotiated in 2024 that contain a more favorable mix of base-escalated and market-based pricing.

◾Lower Production Costs: The cash cost per pound of U₃O₈ sold was $37.51 in Q1 2026, a decrease of approximately 13% compared to Q4 2025.

Looking Ahead: Production Expansion and Advancing Exploration

◾Lost Creek Operations: We drummed 57,479 pounds in April 2026, our highest monthly total since our 2023 ramp up decision. With a sand filtration system expected to come online this quarter and other optimization initiatives underway, we are positioned for improved flow rates and continued momentum.

◾Shirley Basin Operations & Ramp-Up: We commenced operations at our second ISR mining facility in April 2026, reviving a historic uranium district. First shipments of uranium-loaded resin to Lost Creek are expected this summer, subject to final regulatory approval.

◾Great Divide Basin Exploration: We continue to advance exploration projects toward production decisions. We have identified 13 ore grade intercepts at North Hadsell; recently commenced aquifer testing at Lost Soldier; and plan to commence an approximately 120-hole program at LC South this summer with the potential to extend Lost Creek mine units.

◾Liquidity: Unrestricted cash and cash equivalents totaled $122.8 million at March 31, 2026. Our unrestricted cash position was $107.5 million as of April 30, 2026.

Summary Performance Table

Metric

Q1 20251

Q4 2025

Q1 2026

Vs. Q4 2025

Vs. Q1 2025

Pounds Captured

74,479

78,177

110,314

41%

48%

Pounds Drummed

83,066

121,818

95,599

-22%

15%

Pounds Shipped

106,301

138,337

103,956

-25%

-2%

Pounds Sold

n/a

165,000

55,000

-67%

n/a

Pounds in Inventory2

368,540

364,591

417,231

14%

13%

Avg. Sales Price

n/a

$63.20

$70.98

12%

n/a

Cash Cost Per Lb. Sold3

n/a

$42.94

$37.51

-13%

n/a

Cash ($millions)4

$74.8

$123.9

$122.8

-1%

64%

1.All sales were under long-term contracts. No pounds were sold in Q1 2025 due to the timing of contracts.

2.Pounds in inventory at conversion facility.

3.Includes ad valorem and severance taxes but excludes non-cash costs.

4.Unrestricted cash position at the end of the quarter.

Percentages may not recalculate precisely due to rounding.

Ur-Energy President and CEO, Matthew Gili, commented: “While most of our contracted deliveries are scheduled for later in the year, our first quarter results reflect higher contract sales pricing and continued operational improvements at Lost Creek, where our primary focus is driving higher production and efficiency. We are actively optimizing flow rates, bringing new header houses online, and enhancing plant performance to deliver sustained improvements. The start of operations at Shirley Basin, our second ISR mining facility, marks a major milestone for Ur-Energy and greatly expands our potential U.S. uranium production capacity. We look forward to commencing uranium-loaded resin shipments to Lost Creek this summer as we continue to execute on our growth strategy.”

​

Lost Creek Operations

​

In Q1 2026, we sold 55,000 pounds of U₃O₈ at an average price of $70.98 per pound, generating $3.9 million in revenue. We dried and packaged 95,599 pounds of U₃O₈, an increase of 15% over Q1 2025, and shipped 103,956 pounds, compared to 138,337 pounds in Q4 2025 and 106,301 pounds in Q1 2025. Finished inventory at the conversion facility increased to 417,231 pounds at quarter-en

UR-ENERGY INC._March 10, 2026

00-00000000001375205false00013752052026-03-102026-03-10 ​ ​

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

FORM 8-K

Current Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): March 10, 2026

UR-ENERGY INC.

(Exact name of registrant as specified in its charter) ​

​

​

Canada 001-33905 Not applicable

(State or other jurisdiction of incorporation or organization) (Commission File Number) (I.R.S. Employer Identification Number)

​ ​ ​

​ 1478 Willer Drive ​

​ Casper, Wyoming 82604

​ (Address of principal executive offices) (Zip code)

Registrant’s telephone number, including area code: (720) 981-4588

​ Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below): ☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class: ​ ​ ​ Trading Symbol(s) ​ ​ ​ Name of each exchange on which registered:

Common Stock ​ URG (NYSE American): URE (TSX) ​ NYSE American; TSX

​ Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR §230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR §240.12b-2 of this chapter). Emerging growth company  ☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐ ​ ​

Item 2.02Results of Operations and Financial Condition. On March 10, 2026, Ur-Energy Inc. (the “Company”) issued a press release providing earnings results and an operational update for the year ended December 31, 2025. A copy of the press release is attached hereto as Exhibit 99.1 and is incorporated herein by reference. The information in this Item 2.02 of this Current Report on Form 8-K, including the information set forth in Exhibit 99.1, is being furnished and shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934 (the “Exchange Act”), or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference in any filing by the company under the Securities Act of 1933 or the Exchange Act, except as shall be expressly set forth by specific reference in such filing. ​ Item 7.01 Regulation FD Disclosure On March 10, 2026, the Company issued a press release regarding the filing of an S-K 1300 Initial Assessment Technical Report Summary for its Lost Creek ISR Uranium Property. A copy of the press release is furnished with this Current Report on Form 8-K as Exhibit 99.2 and is incorporated herein by reference. The information in this Item 7.01 of this Current Report on Form 8-K, including the information set forth in Exhibit 99.2, is being furnished and shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934 (the “Exchange Act”), or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference in any filing by the company under the Securities Act of 1933 or the Exchange Act, except as shall be expressly set forth by specific reference in such filing. Item 9.01Financial Statements and Exhibits. (d)Exhibits.

​

​ ​

Exhibit No. ​ ​ Description

99.1 ​ Press release of Ur-Energy Inc., dated March 10, 2026, providing earnings results and an operational update for the year ended December 31, 2025.*

​ ​ ​

99.2 ​ Press release of Ur-Energy Inc., dated March 10, 2026, regarding the filing of an S-K 1300 Initial Assessment Technical Report Summary for its Lost Creek ISR Uranium Property.*

​ ​ ​

104 ​ Cover Page Interactive Data File (embedded within the Inline XBRL document)

​

*This Exhibit is intended to be furnished to, not filed with, the SEC pursuant to General Instruction B.2 of Form 8-K. ​

EXHIBIT INDEX

​

​ ​

Exhibit No. ​ ​ Description

99.1 ​ Press release of Ur-Energy Inc., dated March 10, 2026, providing earnings results and an operational update for the year ended December 31, 2025.*

​ ​ ​

99.2 ​ Press release of Ur-Energy Inc., dated March 10, 2026, regarding the filing of an S-K 1300 Initial Assessment Technical Report Summary for its Lost Creek ISR Uranium Property.*

​ ​ ​

104 ​ Cover Page Interactive Data File (embedded within the Inline XBRL document)

​

*This Exhibit is