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URANERZ ENERGY CORP. FILES (8-K) Disclosing Entry into a Material Definitive Agreement, Regulation FD Disclosure, Financial Statements and Exhibits

July 25, 2014



Item 1.01 Entry into a Material Definitive Agreement

On July 25, 2014, Uranerz Energy Corporation (the "Registrant", "us" or "our") entered into a warrant indenture (the "Warrant Indenture") with Corporation Stock Transfer, Inc., as warrant agent (the "Warrant Agent") for certain of the Registrant's warrants issued in a public offering (the "Offering") of 9,600,000 units of the Registrant (the "Units") in the United States under the Registrant's shelf registration statement on Form S-3 (Registration No. 333-196686) (the "Registration Statement"), including a base prospectus dated July 14, 2014, as supplemented by a prospectus supplement dated July 17, 2014, and in each of the provinces of Canada, except Quebec, pursuant to a multi-jurisdictional disclosure system ("MJDS") base prospectus dated July 14, 2014 and an MJDS prospectus supplement dated July 17, 2014. Each Unit consists of one share of common stock, $0.001 par value per share, and one-half of one common share purchase warrant, at a price per Unit of $1.25. Each whole warrant ("Warrant") is exercisable to purchase one additional share of common stock of the Registrant at a price of $1.60 per share of common stock, subject to adjustment and early termination, for a period of 30 months following the closing of the Offering.

The Warrant Indenture provides for the terms and conditions governing the Warrants. In material part, the Warrant Indenture provides that, in the event that the Registrant's shares of common stock trade in the United States at a closing price of greater than $2.75 per share for a period of 20 consecutive trading days at any time following the closing of the Offering, we may accelerate the expiry date of the Warrants by giving notice via a press release to the holders thereof and in such case the Warrants will expire on the 30th day after the date on which such notice is given by us.

Further, the Warrant Indenture provides for adjustment in the number of shares of our common stock issuable upon the exercise of the Warrants and/or the exercise price per share of common stock upon the occurrence of certain events. The Warrant Indenture also provides for adjustment in the class and/or number of shares of common stock issuable upon the exercise of the Warrants and/or exercise price per share of common stock in the event of other certain events, including re-classification, consolidation, amalgamation, arrangements, merger, or all or substantially all of the Registrant's assets or property.

This summary of the material terms of the Warrant Indenture is qualified in its entirety by reference to the Warrant Indenture filed herewith as Exhibit 4.1 and incorporated into this Item 1.01 by reference.

Item 7.01 Regulation FD Disclosure

On July 25, 2014, the Registrant issued a press release announcing the closing of the Offering. A copy of the press release is attached to this report as Exhibit 99.1. In accordance with General Instruction B.2 of Form 8-K, the information set forth herein and in the press release is deemed to be "furnished" and shall not be deemed to be "filed" for purposes of the United States Securities Exchange Act of 1934, as amended. The information set forth in Item 7.01 of this report shall not be deemed an admission as to the materiality of any information in this report on Form 8-K that is required to be disclosed solely to satisfy the requirements of Regulation FD.

Item 9.01 Financial Statements and Exhibits.

Exhibit No. Description 4.1 Warrant Indenture, dated July 25, 2014* 99.1 Press Release, dated July 25, 2014**



* The foregoing exhibit is hereby incorporated by reference into the Registrant's Registration Statement on Form S-3 (File No. 333-196686), filed with the United States Securities and Exchange Commission (the "SEC") on June 12, 2014, as amended July 8, 2014, as amended July 10, 2014 and declared effective on July 14, 2014, pursuant to the United States Securities Act of 1933, as amended.

** The exhibit relating to Item 7.01 is intended to be furnished to, not filed with, the SEC pursuant to Regulation FD.


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Source: Edgar Glimpses


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