Ur-Energy Inc. to List on the American Stock Exchange

DENVER, COLORADO, Jul 22 (MARKET WIRE) --
Ur-Energy Inc. (TSX: URE) ("Ur-Energy" or the "Corporation") announced
today that its common shares have been approved for listing on the
American Stock Exchange ("AMEX"). The Corporation expects its common
shares to begin trading on the AMEX on or about Thursday, July 24, 2008,
under the symbol "URG". This approval is contingent upon the Corporation
being in compliance with all applicable listing standards on the date it
begins trading on the AMEX, and may be rescinded if the Corporation is
not in compliance with such standards.

The Corporation will retain its listing on the TSX under the symbol
"URE". In connection with its application to list on the AMEX, Ur-Energy
filed a registration statement on Form 40-F with the U.S. Securities and
Exchange Commission. The Form 40-F, as amended, is available at
www.sec.gov, www.sedar.com and on the Corporation's website at
www.ur-energy.com.

"We are pleased to receive the approval for our AMEX listing, which will
be a nice complement to our TSX listing. The AMEX listing will help to
increase our U.S. shareholder base, something we've wanted to do for
quite some time now," stated Ur-Energy President and CEO Bill Boberg.

Board Chairman and Executive Director Jeff Klenda added, "We look forward
to heightening our profile with U.S. institutional and retail investors.
The AMEX listing will enable us not only to tell the Ur-Energy story to
investors in the U.S. for the first time, but to also provide better
access and improved trading liquidity to all Ur-Energy shareholders."

About Ur-Energy

Ur-Energy is a uranium exploration and development company currently
completing mine planning and permitting activities to bring its Lost
Creek Wyoming uranium deposit into production. Ur-Energy engages in the
identification, acquisition and exploration of uranium properties in both
Canada and the United States. Shares of the Corporation trade on the
Toronto Stock Exchange under the symbol "URE". Ur-Energy has a registered
office in Ottawa, Canada and its corporate headquarters are located in
Littleton, Colorado. The Corporation's website is at www.ur-energy.com.

This release may contain "forward-looking statements" within the meaning
of applicable securities laws regarding events or conditions that may
occur in the future and are based on current expectations that, while
considered reasonable by management at this time, inherently involve a
number of significant business, economic and competitive risks,
uncertainties and contingencies. Numerous factors could cause actual
events to differ materially from those in the forward-looking statements.
Forward-looking statements are subject to significant risks and
uncertainties, and other factors that could cause actual results to
differ materially from expected results. Readers should not place undue
reliance on forward looking statements. The forward-looking statements
contained herein are based on the beliefs, expectations and opinions of
management as of the date hereof and Ur-Energy disclaims any intent or
obligation to update them or revise them to reflect any change in
circumstances or in management's beliefs, expectations or opinions that
occur in the future.

Contacts:
Ur-Energy Inc.
Dani Wright
Manager, Investor/Public Relations
1-720-981-4588, ext. 242
1-866-981-4588
dani.wright@ur-energyusa.com

Ur-Energy Inc.
Bill Boberg
CEO and President
1-720-981-4588, ext. 223
1-866-981-4588
bill.boberg@ur-energyusa.com

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