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 [...]
Uranium Energy Corp. is pleased to report, in accordance with NYSE American requirements, the filing of the Company's quarterly report on Form 10-Q for the three months ended October 31, 2020 with the U.S. Securities and Exchange Commission . This Form 10-Q filing, which includes the Company's condensed consolidated financial statements, related notes thereto and management's discussion and analysis, is available for [...]
Uranium Energy Corp. is pleased to report the U.S. Senate Committee on Environment and Public Works has approved a bipartisan bill entitled the American Nuclear Infrastructure Act. Among other provisions, the bill includes an annual program for a U.S. National Strategic Uranium Reserve. EPW Senate Committee Chairman, Senator Barrasso, stated: "The American Nuclear Infrastructure Act will promote U.S. international [...]
Uranium Energy Corp. is pleased to announce that the Company's President and CEO, Amir Adnani, will present at the H.C. Wainwright Mining Conference on Monday, November 30, 2020 at 2:30 PM ET. In addition, Mr. Adnani will be speaking at the H.C. Wainwright Mining Panel Discussion, at 12:30 PM ET. The mining panel will be moderated by Carolin Roth, Freelance Anchor at CNBC International, as part of the H.C. Wainwright's [...]