Uranium Energy (NYSE American: UEC) today announced that it has filed a Technical Report Summary (“TRS”) on EDGAR, disclosing mineral resources for its Texas hub-and-spoke in-situ recovery (“ISR”) project. “The disclosure of resources in the new S-K 1300 format at our South Texas hub-and-spoke production platform reconfirms the robust nature of the project,” said Amir Adnani, president and CEO of Uranium Energy. “Our database of drilling results, containing decades of exploration logs, shows strong potential for project expansion and also dovetails well with our initiative to increase the production license at the Hobson Plant. We are pleased with the progress of the company’s domestic ISR profile in Texas and Wyoming as we continue to advance these projects towards near term production. UEC has recently submitted an offer to the U.S. government to supply the uranium reserve (‘UR’), and we are looking forward to our production-ready projects providing future needs of the UR as well as the utility industry.”
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About Uranium Energy Corp.
Uranium Energy is America’s leading, fastest growing, uranium mining company listed on the NYSE American. UEC is a pure-play uranium company and is advancing the next generation of low-cost, environmentally friendly in-situ recovery (“ISR”) mining uranium projects. The company has two production-ready ISR hub-and-spoke platforms in South Texas and Wyoming, anchored by fully licensed and operational processing capacity at the Hobson and Irigaray plants. UEC also has seven U.S. ISR uranium projects with all of their major permits in place. Additionally, the company has other diversified holdings of uranium assets, including: (1) one of the largest physical uranium portfolios of U.S. warehoused U3O8 ; (2) a major equity stake in the only royalty company in the sector, Uranium Royalty Corp.; and (3) a pipeline of resource-stage uranium projects in Arizona, Colorado, New Mexico and Paraguay. The company’s operations are managed by professionals with a recognized profile for excellence in their industry, a profile based on many decades of hands-on experience in the key facets of uranium exploration, development and mining. For more information about the company, visit www.UraniumEnergy.com.
NOTE TO INVESTORS: The latest news and updates relating to UEC are available in the company’s newsroom at https://ibn.fm/UEC
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