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Published on 3/26/2008 in the Prospect News PIPE Daily.

New Issue: Ur-Energy wraps C$2.75 million private placement of shares

By Devika Patel

Knoxville, Tenn., March 26 - Ur-Energy Inc. said it completed a non-brokered private placement of stock, raising C$2.75 million.

The company sold 2.75 million common shares at C$1.00 each.

Proceeds will be used for exploration.

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

Issuer:Ur-Energy Inc.
Issue:Common shares
Amount:C$2.75 million
Shares:2.75 million
Price:C$1.00
Warrants:No
Agent:Non-brokered
Settlement date:March 26
Stock symbol:Toronto: URE
Stock price: C$1.92 at close March 25

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