Ur-Energy Inc. Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

Shareholders' Equity and Capital Stock (Tables)

Shareholders' Equity and Capital Stock (Tables)

3 Months Ended

Mar. 31, 2014

Stockholders' Equity Note [Abstract]

Schedule of Share-based Compensation, Stock Options, Activity

Activity with respect to stock options is summarized as follows:

		Weighted-
		average
	Options	exercise price
	#	$
Outstanding, December 31, 2013	9,273,659	1.15
Granted	100,000	1.52
Exercised	(985,592)	0.84
Forfeited	(72,330)	0.92

Outstanding, March 31, 2014	8,315,737	1.19

Schedule of Share-based Compensation, Shares Authorized under Stock Option Plans, by Exercise Price Range

As of March 31, 2014, outstanding stock options are as follows:

	Options outstanding			Options exercisable
		Weighted-			Weighted-
		average	Aggregate		average	Aggregate
Exercise		remaining	Intrinsic		remaining	Intrinsic
price	Number	contractual	Value	Number	contractual	Value
$	of options	life (years)	$	of options	life (years)	$	Expiry

0.81	512,662	0.4	379	512,662	0.4	379	September 2, 2014
0.73	468,389	0.9	384	468,389	0.9	384	March 5, 2015
2.59	1,318,293	1.8	-	1,318,293	1.8	-	January 28, 2016
1.42	545,000	2.3	71	545,000	2.3	71	July 7, 2016
1.06	677,223	2.4	332	677,223	2.4	332	September 9, 2016
1.05	200,000	2.6	100	200,000	2.6	100	October 24, 2016
0.82	1,002,482	2.8	732	1,002,482	2.8	732	January 12, 2017
1.26	200,000	2.8	58	200,000	2.8	58	February 1, 2017
1.07	100,000	2.9	48	100,000	2.9	48	March 1, 2017
0.69	1,408,150	3.7	1,211	1,041,080	3.7	895	December 7, 2017
0.70	637,382	4.1	542	338,866	4.1	288	April 25, 2018
1.12	100,000	4.3	43	32,000	4.3	14	August 1, 2018
1.08	1,046,156	4.7	492	102,806	4.7	48	December 27, 2018
1.52	100,000	5.0	3	10,000	5.0	-	March 31, 2019

1.15	8,315,737	2.9	4,395	6,548,801	2.4	3,349

Schedule of Share-based Compensation, Restricted Stock Units Award Activity

Activity with respect to RSUs is summarized as follows:

	Number	Weighted
	of	Average Grant
	RSUs	Date Fair Value
		$
Unvested, December 31, 2013	691,610	0.87
Vested	(230,531)	0.79
Forfeited	(7,849)	0.93

Unvested, March 31, 2014	453,230	0.91

Schedule Of Share-Based Compensation, Shares Authorized Under Restricted Stock Units, By Grant Date

As of March 31, 2014, outstanding RSUs are as follows:


			Aggregate
	Number of	Remaining	Intrinsic
	unvested	life	Value
Grant date	units	(years)	$
December 7, 2012	191,188	0.69	296
December 27, 2013	262,042	1.74	406

	453,230	1.25	702

Schedule Of Share-based Compensation Shares Authorized Under Warrants Plans by exercise price range

As of March 31, 2014, outstanding warrants are as follows:

			Aggregate
Exercise		Remaining	Intrinsic
price	Number	contractual	Value
$	of warrants	life (years)	$	Expiry

0.89	50,000	1.4	33	September 4, 2015
1.08	100,000	1.6	47	November 1, 2015
0.90	25,000	1.9	16	March 5, 2016
1.35	2,354,545	2.7	471	December 19, 2016
1.08	4,294,167	4.2	2,018	June 24, 2018
1.13	1,550,400	4.4	651	August 27, 2018

	8,374,112	3.8	3,236

Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions

The initial fair value of options granted during the three months ended March 31, 2014 was determined using the Black-Scholes option pricing model with the following assumptions:

	2014

Expected option life (years)	3.49
Expected volatility	66	%
Risk-free interest rate	1.4	%
Forfeiture rate (options)	4.5	%
Expected dividend rate	0	%