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Ur-Energy Reports Results of Annual and Special Shareholders' Meeting(Canada Newswire Via Acquire Media NewsEdge) LITTLETON, Colo., April 30, 2014 /CNW/ - Ur-Energy Inc. (TSX:URE, NYSE MKT:URG) ("Ur-Energy" or the "Company") is pleased to announce the results of the Company's Annual and Special Meeting of Shareholders held April 29, 2014, including the election of Directors. Each of the nominee Directors listed in the Company's management proxy circular dated March 20, 2014 was elected as a Director. The Company received proxies with regard to voting on the six Directors nominated for election, as follows: Nominee Vote For % Votes Withheld % Jeffrey T. Klenda 35,678,714 92.29 2,982,146 7.71 Wayne W. Heili 36,762,742 95.09 1,898,118 4.91 Paul Macdonell 30,851,907 79.80 7,808,953 20.20 W. William Boberg 35,120,727 90.84 3,540,133 9.16 James M. Franklin 37,245,988 96.34 1,414,872 3.66 Thomas Parker 35,721,160 92.40 2,939,700 7.60 Additionally, there were 35,291,852 non-votes in the election. Also at the Annual and Special Meeting of Shareholders, the Company's Stock Option Plan was approved for renewal by a majority of the votes represented (90.35%), after the exclusion of votes held by certain insiders and their affiliates. The Company's independent auditors PricewaterhouseCoopers LLP were reappointed by the Shareholders and the Directors of the Company were authorized to fix the remuneration of the auditors. The "say on pay" vote to approve executive compensation was approved with 91.74% of the votes cast voting for the non-binding advisory vote. The Company's first advisory vote on preferred frequency of voting on executive compensation, or "say when on pay," was returned with a vote of 43.92% for every year; 36.35% for every two years; 18.24% for every three years (with 1.49% abstaining). The Board of Directors has adopted the preference expressed by the shareholders in this advisory vote and will conduct advisory votes on executive compensation every year until the Company's next say when on pay vote in 2020. About Ur-Energy Ur-Energy is a junior uranium mining company operating the Lost Creek in-situ recovery uranium facility in south-central Wyoming. The Lost Creek processing facility has a two million pounds per year nameplate capacity. Ur-Energy engages in the identification, acquisition, exploration development, and operation of uranium projects in the United States and Canada. Shares of Ur-Energy trade on the Toronto Stock Exchange under the symbol "URE" and on the NYSE MKT under the symbol "URG". Ur-Energy's corporate office is located in Littleton, Colorado; its registered office is in Ottawa, Ontario. Ur-Energy's website is www.ur-energy.com. FOR FURTHER INFORMATION, PLEASE CONTACT Rich Boberg, Director, IR/PR Wayne Heili, President and CEO 303-269-7707 307-265-2373 866-981-4588 866-981-4588 [email protected] [email protected] This release may contain "forward-looking statements" within the meaning of applicable securities laws regarding events or conditions that may occur in the future and are based on current expectations that, while considered reasonable by management at this time, inherently involve a number of significant business, economic and competitive risks, uncertainties and contingencies. Factors that could cause actual results to differ materially from any forward-looking statements include, but are not limited to, capital and other costs varying significantly from estimates; failure to establish estimated resources and reserves; the grade and recovery of ore which is mined varying from estimates; production rates, methods and amounts varying from estimates; delays in obtaining or failures to obtain required governmental, environmental or other project approvals; inflation; delays in development and other factors. Readers should not place undue reliance on forward-looking statements. The forward-looking statements contained herein are based on the beliefs, expectations and opinions of management as of the date hereof and Ur-Energy disclaims any intent or obligation to update them or revise them to reflect any change in circumstances or in management's beliefs, expectations or opinions that occur in the future. Logo - http://photos.prnewswire.com/prnh/20110913/LA67628LOGO SOURCE Ur-Energy Inc. |