0001375205
false
0001375205
2021-06-01
2021-06-01
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
Current
Report
Pursuant
to Section 13 or 15(d) of
the
Securities Exchange Act of 1934
Date of
Report (Date of earliest event reported): June 1, 2021
UR-ENERGY INC.
(Exact
name of registrant as specified in its charter)
Canada
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001-33905
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Not applicable
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(State
or other jurisdiction of incorporation or
organization)
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(Commission
File Number)
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(I.R.S.
Employer Identification Number)
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10758 W Centennial Road, Suite 200
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Littleton, Colorado
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80127
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(Address
of principal executive offices)
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(Zip
code)
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Registrant’s
telephone number, including area code: (720)
981-4588
Securities
registered pursuant to Section 12(b) of the Act:
Title of each class:
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Trading Symbol
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Name of each exchange on which registered:
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Common
stock
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URG
(NYSE American): URE (TSX)
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NYSE
American; TSX
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Check
the appropriate box below if the Form 8-K filing is intended
to simultaneously satisfy the filing obligation of the registrant
under any of the following provisions (see General
Instruction A.2. below):
☐ Written communications pursuant to
Rule 425 under the Securities Act
(17 CFR 230.425)
☐ Soliciting material pursuant to
Rule 14a-12 under the Exchange Act
(17 CFR 240.14a-12)
☐ Pre-commencement communications pursuant to
Rule 14d-2(b) under the Exchange Act
(17 CFR 240.14d-2(b))
☐ Pre-commencement communications pursuant to
Rule 13e-4(c) under the Exchange Act
(17 CFR 240.13e-4(c))
Indicate
by check mark whether the registrant is an emerging growth company
as defined in Rule 405 of the Securities Act of 1933 (17 CFR
§230.405) or Rule 12b-2 of the Securities Exchange Act of 1934
(17 CFR §240.12b-2).
Emerging
growth company ☐
If an
emerging growth company, indicate by check mark if the registrant
has elected not to use the extended transition period for complying
with any new or revised financial accounting standards provided
pursuant to Section 13(a) of the Exchange
Act. ☐
Item 1.02 Termination of a Material Definitive
Agreement.
On June
1, 2021, Ur-Energy Inc. (the “Company”), received
notice from its lender, BOKF, NA dba Bank of Oklahoma
(“BOKF”), that the U.S. Small Business Administration
(“SBA”) Paycheck Protection Program (“PPP”)
loan for the Company’s wholly-owned subsidiary Ur-Energy USA
Inc., in the amount of $366,600, had satisfied all requirements of
the PPP and related regulations to be forgiven and the loan was
forgiven in its entirety by the SBA.
The PPP was administered by the SBA. The SBA was given
the authority under the PPP to forgive loans if program
requirements were met for a required, covered, period and the loan
proceeds were used for payroll, rent and utilities. The Company
applied for debt forgiveness in December 2020.
The PPP
loan for the Company’s wholly-owned subsidiary Lost Creek
ISR, LLC, in the amount of $526,700, was previously forgiven in its
entirety by the SBA. See also Current Report on Form 8-K filed by
the Company on May 14, 2021.
Additional
information about the Company’s PPP loans can be found in the
Current Report on Form 8-K filed by the Company on April 20,
2020.
The foregoing descriptions of the forgiveness of the SBA PPP Loans
for Ur-Energy USA Inc. and Lost Creek ISR, LLC do not purport to be
complete; the Company plans to file any related documents as
exhibits to its Interim
Report on Form 10-Q for the quarter ended June
30, 2021.
SIGNATURE
Pursuant to the
requirements of the Securities Exchange Act of 1934, the registrant
has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
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Ur-Energy Inc.
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Date:
June 2, 2021
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By:
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/s/
Penne A.
Goplerud
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Name: Penne
A. Goplerud
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Title: Corporate
Secretary and General Counsel
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