Ur-Energy Announces $100 Million Convertible Senior Notes Offering

Reuters12-11
Ur-Energy Announces $100 Million Convertible Senior Notes Offering

Ur-Energy Inc. has announced its intent to offer $100 million aggregate principal amount of Convertible Senior Notes due 2031 in a private placement to qualified institutional buyers under Rule 144A of the Securities Act of 1933. The company also plans to grant initial purchasers an option to buy up to an additional $20 million in notes within a 13-day period from the issuance date. The notes will be senior unsecured obligations, accrue interest semiannually, and will be convertible under certain conditions into cash, common shares, or a combination of both at Ur-Energy's election. Proceeds from the offering are expected to be used for capped call transactions, project development, and general corporate purposes. The final terms, including interest rate and conversion rate, will be set at the time of pricing.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Ur-Energy Inc. published the original content used to generate this news brief via ACCESS Newswire (Ref. ID: 1116351) on December 10, 2025, and is solely responsible for the information contained therein.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment