TSX:URE , Financial ) ("Ur-Energy") announced today the pricing of its underwritten public offering of 34,000,000 common shares and accompanying warrants to purchase up to 17,000,000 common shares, at a combined public offering price of $1.18 per common share and accompanying warrant. The exercise price per whole share purchasable from the exercise of the warrants will be $1.50 per common share, and the warrants will expire three years from the date of issuance. Ur-Energy has also granted the underwriters a 30-day option to purchase up to 5,100,000 additional common shares and/or warrants to purchase up to an aggregate of 2,550,000 common shares on the same terms. The gross proceeds to Ur-Energy from this offering are expected to be approximately $40.1 million, before deducting the underwriting discounts and commissions and other estimated offering expenses payable by Ur-Energy, and assuming no exercise of the underwriters’ option to purchase additional […]
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