Ur-Energy Set to Join Russell 3000 Index

Ur-Energy Inc. (TSX:URE,AMEX:URG) reports that it is set to join the broad-market Russell 3000 Index.

The press release is quoted as saying:

Annual reconstitution of Russell’s U.S. indexes captures and ranks the 4,000 largest U.S. stocks as of the end of May by total market capitalization. Membership in the Russell 3000, which remains in place for one year, means automatic inclusion in the large-cap Russell 1000 Index or small-cap Russell 2000 Index as well as the appropriate growth and value style indexes.

Ur-Energy’s Chairman of the Board, Jeff Klenda says:

“We are pleased to be included in the Russell 3000 Index, validating our continued effort to build shareholder value.”  “Our membership in the Russell 3000 Index will continue to raise the awareness of Ur-Energy to a wider range of institutions and investors allowing us to broaden our shareholder base.”

Click here to access the entire news release.