BRIEF

on Ur-Energy Inc. (NASDAQ:URG)

Ur-Energy Appoints Matthew Gili as President Amid Production Expansion

Ur-Energy Inc. has appointed Matthew D. Gili as President, enhancing its management team as it ramps up uranium production in Wyoming. This move supports Ur-Energy's strategic growth and succession planning. The company is advancing production at Lost Creek and beginning operations at Shirley Basin, targeting an annual output of up to 2.2 million pounds of uranium.

Matthew Gili brings extensive experience from top mining companies such as Rio Tinto and Barrick. He previously held executive roles with i-80 Gold and Nevada Copper. His track record includes cost management, exceeding production targets, and strategic planning, aligning with Ur-Energy's goals.

Ur-Energy Chairman and CEO John Cash welcomes Gili, citing his expertise and leadership. As part of Ur-Energy's growth, Gili is focused on unlocking value in current projects and contributing to overall resource expansion.

R. E.

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