Highlights: Burke Hollow's initial Production Area is the newest and largest In-Situ Recovery wellfield being developed in the U.S.; Strong results demonstrate potential for further resource* growth within PAA-1 with several drill intercepts returning 2.45 to 4.48 grade thickness . This is significantly above the 0.3 GT cut-off for ISR resource estimation and wellfield development; UEC's South Texas hub-and-spoke strategy [...]
Uranium Energy Corp. today announced it will be featured as a presenting company at the H.C. Wainwright Spring Mining Conference. The conference is being held on April 19-20, 2021 virtually. Amir Adnani, President and CEO of Uranium Energy Corp., will provide an overview of the Company's business during the live presentation and will be available to participate in one-on-one meetings with investors who are registered to [...]
Uranium Energy Corp. is pleased to announce the closing of its previously announced offering of an aggregate of 3,636,364 shares of common stock of the Company at a purchase price of $3.30 per Share and for gross proceeds of $12,000,000 in a registered direct offering. The Company offered and sold the Shares pursuant to a Securities Purchase Agreement, dated April 5, 2021, with certain institutional investors. UEC [...]
Uranium Energy Corp. is pleased to report that it has now secured an additional 705,000 pounds of U.S. warehoused uranium, with delivery dates out to December 2022. Including the previously announced contracts to acquire 1,400,000 pounds of uranium concentrates, UEC has now entered into additional purchase contracts for a total of 2,105,000 pounds of U3O8 at a volume weighted average price of ~$30 per pound. The Company [...]
Uranium Energy Corp. is pleased to report our Executive Vice President Scott Melbye, and current President of the Uranium Producers of America, presented testimony at the Full Committee Hearing on Nuclear Energy for the Senate Committee on Energy & Natural Resources on March 25, 2021. A link to watch the video of Mr. Melbye's testimony and the full text are below: https://www.uraniumenergy.com/usuranium/ "It is an honor [...]
Uranium Energy Corp. is pleased to announce the closing of its previously announced offering of an aggregate of 10,000,000 shares of common stock of the Company at a purchase price of $3.05 per Share and for gross proceeds of $30,500,000 in a registered direct offering The Company offered and sold the Shares pursuant to a Securities Purchase Agreement, dated March 17, 2021, with certain institutional investors. UEC [...]
Uranium Energy Corp. is pleased to report that it has secured 800,000 pounds of additional U.S. warehoused uranium, consisting of 500,000 pounds for April delivery and 300,000 pounds for December delivery. Including the previously announced acquisition of 400,000 pounds, UEC has now entered into contracts to purchase a total of 1,200,000 pounds of U3O8 at a volume weighted average price of $28.94 per pound. The Company is [...]
Highlights and Balance Sheet Update as of March 15, 2021: $65.8 million in cash and equity holdings; Establishing a physical uranium inventory to take advantage of spot purchases below most industry production costs, adding additional asset value to the balance sheet; Uranium inventory will provide greater marketing flexibility for utilities, while freeing up UEC's domestic mine production for the U.S. Uranium Reserve [...]
Uranium Energy Corp. is pleased to announce that Spencer Abraham, UEC's Chairman and former United States Secretary of Energy, will be speaking tomorrow, March 3rd, 2021, in a virtual fireside chat format at the BMO Global Metals and Mining Conference. Interested investors can access Spencer Abraham's live fireside chat at 5:45 PM EST through the following registration link [...]
Uranium Energy Corp. announces that the Company's President and CEO, Amir Adnani, will present virtually at the TD Securities Mining Conference being held today, January 28th, 2021 at 3:20 PM ET. Interested investors can register to attend UEC's live webcast today via the TD Mining Conference. The presentation will be recorded and made available on the Company's website after the conference. About Uranium Energy Corp [...]
Highlights: UEC's South Texas hub-and-spoke strategy is anchored by its fully licensed Hobson Processing Plant and includes five ISR projects, including its fully permitted Palangana, Goliad and Burke Hollow projects; Burke Hollow's initial Production Area is the newest and largest ISR wellfield being developed in the U.S.; 55% of U.S. carbon-free energy comes from the country's nuclear plants, all predominantly fueled by [...]
Uranium Energy Corp. is pleased to report the U.S. Federal Government omnibus spending bill passed by Congress includes $75 million for initial funding of the 10-year U.S. Uranium Reserve. The language is contained in the Energy & Water appropriations provisions related to Department of Energy's National Nuclear Security Administration programs. This is a very positive step forward for the domestic uranium mining industry [...]
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