Mr. John Cash reports

UR-ENERGY REPORTS RESULTS OF ANNUAL GENERAL AND SPECIAL MEETING OF SHAREHOLDERS

Ur-Energy Inc. has released the results of the company's annual general and special meeting of shareholders held June 2, 2023, including the election of directors.

Each of the nominee directors listed in the company's management proxy circular dated April 21, 2023, was elected as a director. The company received proxies with regard to voting on the seven directors nominated for election, as shown in the attached table.

The company's independent auditor, PricewaterhouseCoopers LLP, was reappointed by the shareholders and the directors of the company were authorized to fix the remuneration of the auditor.

The say-on-pay vote to approve executive compensation was approved with 75.39 per cent of the votes cast voting for the non-binding advisory vote.

The renewal of the amended and restated stock option plan of the company was approved by a majority of the votes represented (58.71 per cent), after the exclusion of votes held by certain insiders and their affiliates.

About Ur-Energy Inc.

Ur-Energy is a uranium mining company operating the Lost Creek in situ recovery uranium facility in south-central Wyoming. The company has produced and packaged approximately 2.7 million pounds from Lost Creek since the commencement of operations. Ur-Energy now has all major permits and authorizations to begin construction at the Shirley basin, the company's second in situ recovery uranium facility in Wyoming, and is in the process of obtaining remaining amendments to Lost Creek authorizations for expansion of Lost Creek. Ur-Energy is engaged in uranium mining, recovery and processing activities, including the acquisition, exploration, development and operation of uranium mineral properties in the United States. The primary trading market for Ur-Energy's common shares is on the NYSE American under the symbol URG. Ur-Energy's common shares also trade on the Toronto Stock Exchange under the symbol URE. Ur-Energy's corporate office is in Littleton, Colo., and its registered office is in Ottawa, Ont.