Past year: ▼ 36%(1.08 – 1.79 USD)
Each one in plain English, with the numbers worked through for a shareholder.
15 Dec 2025capital raising announcement▲ GoodMajor
Issued $120M of 4.75% Convertible Senior Notes due 2031 (net proceeds ~$114.8M, conversion price $1.73/share, a 27.5% premium), funding Shirley Basin development and paying for capped-call hedges to limit future dilution -- the company's first major long-term debt instrument and its largest capital raise yet.
30 June 2025material agreement▲ GoodMajor
Hired Matthew Gili -- former President/COO of i-80 Gold, CEO of Nevada Copper, and a senior Barrick executive at the Cortez mining district -- as President, a significant executive upgrade as the company moves from single-mine operator toward running two producing uranium centers.
2 Oct 2024auditor change● Neutral
Dismissed PricewaterhouseCoopers as auditor (no disagreements, clean opinions) and engaged BDO USA for the current fiscal year.
29 July 2024material agreement▲ GoodMajor
Raised $60M in an underwritten offering (57.15M shares at $1.05, no warrants) through Cantor Fitzgerald to fund Shirley Basin's construction -- the largest single equity raise in the company's history to that point.
28 Mar 2024material agreement● Neutral
Hired Ryan Schierman, former Wyoming Uranium Recovery Program Manager, as VP of Regulatory Affairs -- building out the regulatory bench as Shirley Basin construction gets underway.
14 Mar 2024resource reserve update▲ GoodMajor
Made the final call to build Shirley Basin: with all major permits and licenses in hand, the company will spend about 24 months on final design, equipment ordering and construction of the satellite ion-exchange plant and initial wellfield -- the payoff of the resource-growth story that began with the 2014 first estimate for this project.
21 Feb 2023material agreement▲ GoodMajor
Raised about $46.1M in an underwritten offering (34M shares plus warrants at $1.18, fully exercised over-allotment) through Cantor Fitzgerald -- by far the largest raise to date, funding the buildup toward a Shirley Basin construction decision.
9 June 2021material agreement▲ Good
Upsized the at-the-market equity facility to $50M and added Cantor Fitzgerald as a second sales agent alongside B. Riley -- a larger standing capital source as the growth story strengthens.
2 June 2021material agreement termination▲ Good
The SBA also forgave the Ur-Energy USA PPP loan ($366,600) in full, closing out both pandemic-relief loans taken in April 2020.
14 May 2021material agreement termination▲ Good
The SBA forgave the Lost Creek ISR PPP loan ($526,700) in full, closing out the first of the company's two pandemic-relief loans.
4 Feb 2021material agreement▲ GoodMajor
Raised about $15.2M in an underwritten offering (14.7M shares plus warrants at $0.90, fully exercised over-allotment) through Cantor Fitzgerald -- the price nearly double 2016's offering, reflecting the uranium market's continued recovery.
8 Oct 2020material agreement▲ GoodMajor
Amended the Wyoming State Bond Loan a second time, again deferring principal for six quarters and saving about $7.8M, pushing the maturity to October 2024 -- continued near-term debt relief.
4 Aug 2020material agreement▲ Good
Raised roughly $4.7M in a registered direct offering (9M shares plus warrants at $0.52) through Cantor Fitzgerald for working capital.
29 May 2020material agreement● Neutral
Replaced the 2016 at-the-market equity facility with a new $10M ATM agreement through B. Riley FBR.
20 Apr 2020material agreement▲ Good
Closed two SBA Paycheck Protection Program loans totaling $893,300 (1% interest, forgivable) for its Lost Creek and Ur-Energy USA subsidiaries -- cheap COVID-era relief financing.
4 Oct 2019material agreement▲ GoodMajor
Amended its Wyoming State Industrial Development Revenue Bond to defer principal payments for six quarters (interest continues), saving about $8.1M in near-term cash and pushing the maturity to April 2023 -- meaningful breathing room on a major piece of debt.
25 Sept 2018material agreement▲ GoodMajor
Raised $10M in an underwritten public offering (12.2M shares plus warrants at a combined $0.82) through Cantor Fitzgerald -- pricing well above the 2016 bear-market lows, the company's first major equity raise since uranium prices began recovering.
2 Nov 2016production update▼ BadMajor
Q3 2016 update landed at the trough of the post-Fukushima uranium bear market: spot uranium had collapsed to $18.75/lb against a $35.50/lb term-market average, though the company's existing long-term contract book was still delivering $30-plus margins even at that depressed spot price. Cumulative production reached 2.0 million pounds.
27 May 2016material agreement● Neutral
Set up a new $10M at-the-market equity facility, letting the company sell shares into the market at its own discretion as an ongoing, flexible source of working capital.
13 May 2016production update● NeutralMajor
Q1 2016 update: cumulative production reached 1.73 million pounds since 2013 startup, but cash on hand fell to $4.1M from $6.8M at year-end -- a real liquidity tightening even as the company's PEA economics (13.8M lb life-of-mine, $250.4M NPV) remained strong on paper.
4 Mar 2016production update▲ GoodMajor
Reported full-year 2015 results: 784,000 lbs of uranium captured, $41.8M in revenue at an average realized price of $45.20/lb, and cash costs down to $16.27/lb from $19.73/lb in 2014 -- with long-term contracts already committing 3.1 million pounds for 2016-2021 at an average $49.81/lb, insulating the mine from spot-price swings.
2 Feb 2016material agreement▲ GoodMajor
Raised roughly $6M in a bought-deal equity offering (12M shares at $0.50, plus a 1.8M-share over-allotment option) through Cantor Fitzgerald, Raymond James and Dundee Securities -- capital raised on the strength of two straight years of resource growth.
21 Jan 2016resource reserve update▲ GoodMajor
A new preliminary economic assessment confirmed December's resource increase and extended Lost Creek's projected mine life nine years to 2031, with total planned production of 13.8 million pounds -- formalizing the larger, longer-lived project the 2015 drilling had revealed.
10 Dec 2015resource reserve update▲ GoodMajor
A second 2015 resource update, driven by Mine Unit 2 development drilling and a lower grade cutoff applied property-wide, lifted Lost Creek's total resources to 13.25 million pounds Measured and Indicated (net +3.15M) and 6.44 million pounds Inferred (net +1.4M) -- a large step-up as the mine heads into its second production area.
19 Oct 2015material agreement● Neutral
Extended the repayment schedule on the revolver portion of the RMB Australia loan facility by nine months (four quarterly installments through Dec 2016 instead of a March 2016 lump sum), easing near-term cash pressure; also furnished a Q3 2015 operating update.
22 June 2015resource reserve update▲ Good
An independent technical report confirmed May's resource increase, with Measured resources at Mine Unit 1 up 55% net of production; a comprehensive economic update reflecting the larger resource base is still to come.
11 May 2015resource reserve update▲ GoodMajor
Updated resources at the operating Lost Creek mine's Mine Unit 1: better-than-expected uranium recoveries let the company lower its grade cutoff, lifting Measured resources 95% to 4.7 million pounds even after subtracting nearly a million pounds already produced -- confirmation the mine was outperforming its original design assumptions.
25 July 2014resource reserve update▲ GoodMajor
Released the first formal resource estimate for Shirley Basin (acquired via the Pathfinder Mines purchase from an AREVA affiliate): 8.8 million pounds of Measured and Indicated uranium resources -- the starting point for what becomes the company's second production center a decade later.
19 Mar 2014material agreement▲ GoodMajor
Amended its secured loan facility with RMB Australia Holdings, raising the term loan to $6.5M and extending repayment to two years, and added a new $3.5M revolving facility tied to the newly acquired Pathfinder Shirley Basin project -- fresh capital and runway as the company prepares to bring a second Wyoming project forward.
