John Cash, a director at Ur-Energy Inc., sold 77,751 common shares on Aug. 24 for $109,652 at a price of $1.4103 per share, according to regulatory filings. The transaction followed the simultaneous exercise of stock options, acquiring an equal number of shares at an exercise price of $1.0403 per share, valued at $80,884. The options originated from a grant dated Aug. 27, 2021, which vested in three equal installments on Aug. 27, 2022, 2023, and 2024.
Cash’s holdings after the transactions include 696,264 direct common shares and 1,040,617 stock options. The trades were executed at an exchange rate of Cdn$1.00 = US$0.7224 on the transaction date. Ur-Energy’s shares, listed on the NASDAQ under ticker URG, were trading at $1.48 at the time of reporting, up 5.7% over the past week. The company’s market capitalization stands at approximately $586.57 million.
Separately, Noble Plains Uranium Corp. completed a private placement, raising gross proceeds of $1.0096 million by issuing 10,096,000 units at $0.10 per unit. Ur-Energy, which holds a 6.14% stake in Noble Plains, participated in the offering by purchasing 616,000 units for $61,600 to maintain its proportional ownership position.
