Brief: Ur-Energy Announces Reduction In Force Primarily Affecting Employees At Its Lost Creek Facility

Ur-Energy

06/08/2019 12:24

Aug 6 (Reuters) - Ur-Energy Inc  URG.A :
    * UR-ENERGY ANNOUNCES COST-SAVING MEASURES
    * UR-ENERGY INC - IMPLEMENTED AN ADDITIONAL REDUCTION IN
FORCE,
PRIMARILY AFFECTING EMPLOYEES AT ITS LOST CREEK FACILITY.
    * UR-ENERGY - COST-SAVING MEASURES INCLUDED A REDUCTION IN
WORKFORCE AFFECTING TEN OF CO'S WYOMING EMPLOYEES
    * UR-ENERGY INC - "SEVERAL REMAINING EMPLOYEES HAVE BEEN
ASKED TO
CHANGE JOB RESPONSIBILITIES AND/OR CARRY ADDITIONAL DUTIES"
    * UR-ENERGY - THE MEASURES REPRESENT AN EXPECTED ANNUAL
SAVINGS OF
ABOUT $4 MILLION, BEGINNING IN 2020
    * UR-ENERGY INC SAYS CONFIRMING THAT PRODUCTION ESTIMATES
FOR LOST
CREEK HAVE BEEN LOWERED TO BETWEEN 50,000 AND 75,000 POUNDS
DURING 2019

Source text for Eikon:  ID:nCNWnRytma 
Further company coverage:  URG.A 

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