Uranium Energy – US based Low Cost ISR

Uranium Energy Corp. (Stock Symbol – NYSE: UEC) engages in uranium mining and related activities, including exploration, pre-extraction, extraction and processing of uranium concentrates on several projects located throughout the United States and Paraguay.

It owns interests in the Palangana In-Situ Recovery (ISR) mine, Burke Hollow, Goliad, Longhorn, and Salvo projects located in Texas; Anderson, Workman Creek, and Los Cuatros projects situated in Arizona; Slick Rock project in Colorado; Diabase project located in Canada; and Yuty, Oviedo, and Alto Paran titanium projects in Paraguay.

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.

The company has the capacity to produce 4 million pounds of uranium annually.

The company has a uranium asset base of 58 million pounds in the measured and indicated category, with another 45 million pounds in inferred.

The company was formerly known as Carlin Gold Inc. and changed its name to Uranium Energy Corp. in January 2005.

Uranium Energy Corp. was incorporated in 2003 and is based in Corpus Christi, Texas.

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