ISDR Blueprint iXBRL Document
0001375205
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0001375205
2021-05-10
2021-05-10
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): May 10,
2021
UR-ENERGY
INC.
(Exact
name of registrant as specified in its charter)
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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:
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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 May
10, 2021, Ur-Energy Inc. (the “Company”), was notified
by 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 Lost Creek ISR, LLC, in the
amount of $526,700, 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.
Application
has also been made for the forgiveness of the PPP loan for the
Company’s wholly-owned subsidiary Ur-Energy USA Inc., in the
amount of $366,600. That application
has been reviewed by BOKF and is currently being reviewed by the
SBA. Although there can be no certainty pending SBA’s
review, the
Company anticipates that loan also will meet the requirements for
forgiveness.
Additional
information about the Company’s PPP loans can be found in the
Current Report on Form 8-K filed by Ur-Energy Inc. with the United
States Securities and Exchange Commission on April 20,
2020.
The foregoing description of the forgiveness of the SBA PPP Loan
for Lost Creek ISR, LLC does 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:
May 14, 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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