Ur-Energy Inc. Annual report pursuant to Section 13 and 15(d)

Annual report pursuant to Section 13 and 15(d)

Commitments

Commitments

12 Months Ended

Dec. 31, 2017

17.Commitments

Under the terms of its operating lease for vehicles and the office premises in Casper, Wyoming, the Company is committed to minimum annual lease payments as follows:


Year ended December 31,	$
2018	352
2019	95
2020 and thereafter	-
	447

Rent expense under these agreements was $0.2 million, $0.2 million and $0.2 million for the years ended December 31, 2017, 2016 and 2015, respectively.

Principal payments required under debt agreements are as follows:


Year ended:
31-Dec-18	4,895
31-Dec-19	5,183
31-Dec-20	5,487
31-Dec-21	4,326
	19,891

Off Take Sales Agreements

As of December 31, 2017, we have multiple off take sales agreements with various U.S. utilities. These agreements were completed between 2012 and 2015 for deliveries between 2018 and 2021 as follows:


SUMMARY OF OFF TAKE SALES AGREEMENTS
Production Year	Total Pounds Uranium Concentrates Contractually Committed
2018	470,000 pounds
2019	540,000 pounds
2020	390,000 pounds
2021	190,000 pounds