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United States

Profile: Uranium Energy Corp (UEC)

UEC on American Stock Exchange

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26 May 2017
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Uranium Energy Corp., incorporated on May 16, 2003, is engaged in uranium mining and related activities, including exploration, pre-extraction, extraction and processing of uranium concentrates, on projects located in the United States and Paraguay. The Company utilizes in-situ recovery (ISR) mining. The Company has uranium mine located in the state of Texas, the Palangana Mine, which utilizes ISR mining and extracts uranium oxide (U3O8). The Company has uranium processing facility located in the state of Texas, the Hobson Processing Facility, which processes material from the Palangana Mine into drums of U3O8. The Hobson Processing Facility has a physical capacity to process uranium-loaded resins up to a total of two million pounds of U3O8 annually and is licensed to process up to a total of one million pounds of U3O8 annually.

The Company holds certain mineral rights in various stages in the States of Arizona, Colorado, New Mexico, Texas and Wyoming and in the Republic of Paraguay. In Texas, the Company's mineral rights are held through private leases from the owners of the land/mineral/surface rights with varying terms. In Arizona, Colorado, New Mexico and Wyoming, the Company's mineral rights are held either exclusively or through a combination of federal mining claims and state and private mineral leases. In the Republic of Paraguay, the Company's mineral rights for the Yuty Project are held through a Mineral Concession Contract and title to mineral rights for the Coronel Oviedo Project is held through a Mineral Permit. The Company's projects include Burke Hollow Project, Goliad Project, Longhorn Project, Salvo Project, Nichols Project, Anderson Project, Workman Creek Project, Los Cuatros Project, Slick Rock Project, Yuty Project and Coronel Oviedo Project.

Burke Hollow Project

The Company holds various mining lease and surface use agreements having an initial five-year term with extension provisions, granting it the right to explore, develop and mine for uranium at the Burke Hollow Project. The Burke Hollow Project is an approximately 19,335-acre property located in Bee County, Texas.

Goliad Project

The Company holds various mining lease and surface use agreements having an initial five-year term with extension provisions, granting it the right to explore, develop and mine for uranium at the Goliad Project. The Goliad Project is an approximately 1,139-acre property located in Goliad County, Texas.

Longhorn Project

The Company holds various mining lease and surface use agreements having an initial five-year term with extension provisions, granting it the right to explore, develop and mine for uranium at the Longhorn Project. The Longhorn Project is an approximately 651-acre property located in Live Oak County, Texas.

Salvo Project

The Company holds various mining lease and surface use agreements having an initial five-year term with extension provisions, granting it the right to explore, develop and mine for uranium at the Salvo Project. The Salvo Project is an approximately 1,847-acre property located in Bee County, Texas.

Nichols Project

The Company holds a mining lease and surface use agreement having an initial five-year term with extension provisions, granting it the right to explore, develop and mine for uranium at the Nichols Project. The Nichols Project is an approximately 909-acre property located in Karnes County, Texas.

Anderson Project

The Company holds an undivided interest in contiguous mineral lode claims and state leases in the Anderson Project. The Anderson Project is an approximately 8,268-acre property located in Yavapai County, Arizona.

Workman Creek Project

The Company holds an undivided interest in contiguous mineral lode claims in the Workman Creek Project. The Workman Creek Project is an approximately 4,036-acre property located in Gila County, Arizona.

Los Cuatros Project

The Company holds an undivided interest in a state lease in the Los Cuatros Project. The Los Cuatros Project is an approximately 640-acre property located in Maricopa County, Arizona.

Slick Rock Project

The Company holds an undivided interest in contiguous mineral lode claims in the Slick Rock Project. The Slick Rock Project is an approximately 5,333-acre property located in San Miguel County, Colorado.

Yuty Project

The Company holds an undivided interest in one exploitation concession in the Yuty Project. The Yuty Project is an approximately 289,680-acre property located in Paraguay.

Coronel Oviedo Project

The Company holds an undivided interest in one exploration permit in the Coronel Oviedo Project. The Coronel Oviedo Project is an approximately 464,548-acre property located in Paraguay.

Company Address

Uranium Energy Corp

500 N Shoreline Blvd Ste 800N
CORPUS CHRISTI   TX   78401-0399
P: +1361.8888235
F: +1361.8885041

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