Ur-Energy Announces Third Agreement to Supply Uranium

Ur-Energy Inc. (TSX:URE,NYSE:URG)  announced it has completed its third trade agreement to supply uranium from its Lost Creek project.

As quoted in the press release:

The signing of this supply agreement marks the realization of Ur-Energy’s strategic product marketing objective by which the Company has committed a pre-determined portion of the forecasted uranium production from Lost Creek into term sales agreements with U.S. based nuclear utilities.  This agreement calls for total deliveries of 100,000 pounds of uranium concentrate per year in a multi-year schedule.  The agreement specifies firm delivery prices in the low US$60 per pound range over its term.

Click here to read the Ur-Energy Inc. (TSX:URE) press release.