Articles Tagged "Uranium Company News"

Uranerz Energy Increases Offering to US$12 Million

Uranerz Energy Corporation (NYSE MKT:URZ,TSX:URZ,FWB:U9E) has increased the size of the offering announced on July 16, 2014, due to demand, in order to raise gross proceeds of US$12 million consisting of 9,600,000 units of Uranerz at a price of US$1.25 per unit. Uranerz expects that net proceeds from the offering will be put towards continuing development and operations of mining facilities, including wellfields, at its Nichols Ranch ISR Uranium Project. Proceeds will also be used for general corporate purposes and for working capital.

Uranerz Energy Announces $10 Million Financing

Uranerz Energy Corporation (TSX:URZ,NYSE MKT:URZ,FWB:U9E) plans to offer and sell to the public in both the United States and Canada an aggregate of up to 8,000,000 units of Uranerz at a price per unit of US$1.25 to raise gross proceeds of up to US$10,000,000, before deducting the placement agents' fees and estimated offering expenses. Uranerz intends for the net proceeds from the offering to be utilized to continue development of mining facilities, including wellfields, at its Nichols Ranch ISR Uranium Project. Additionally, proceeds will be used for working capital and other general corporate purposes.

UR Energy Posts 2014 Second Quarter Operational Results

Ur-Energy Inc. (TSX:URE,NYSE MKT:URG) provided production and operational results for the second quarter of 2014. Additionally, Ur-Energy advised on its guidance for the second half of 2014, referring to an announcement from May 22 2014 that Ur-Energy had secured secured sales commitments of approximately 518,000 pounds U3O8 at an average sales price of $51.10 per pound for the year.