Uranium Energy Corp Files Fiscal 2022 Q1 Quarterly Report

Rhea-AI Summary

Uranium Energy Corp (NYSE: UEC) filed its quarterly report on Form 10-Q for the period ending October 31, 2021, with the SEC. The report includes condensed consolidated financial statements and management's discussion. UEC is focused on environmentally friendly In-Situ Recovery mining and operates several projects in South Texas and Wyoming. The company also holds significant assets, including a major equity stake in Uranium Royalty Corp and various resource-stage projects across the Americas.

NYSE American: UEC

CORPUS CHRISTI, Texas, Dec. 15, 2021 /PRNewswire/ - Uranium Energy Corp (NYSE American: UEC) the "Company" or "UEC") 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, 2021 with the U.S. Securities and Exchange Commission (the "SEC").  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 viewing on the SEC's website at http://www.sec.gov/edgar.shtml or on the Company's website at www.uraniumenergy.com.

About Uranium Energy Corp

Uranium Energy Corp is a U.S.-based uranium mining and exploration company. As a leading pure-play American uranium company, UEC is advancing the next generation of low-cost and environmentally friendly In-Situ Recovery (ISR) mining uranium projects.  In South Texas, the Company's hub-and-spoke operations are anchored by our fully-licensed Hobson Processing Facility which is central to our Palangana, Burke Hollow, Goliad and other ISR pipeline projects. In Wyoming, UEC controls the Reno Creek project, which is the largest permitted, pre-construction ISR uranium project in the U.S. Additionally, the Company's diversified holdings provide exposure to a unique portfolio of uranium related assets, including: 1) major equity stake in the only royalty company in the sector, Uranium Royalty Corp; 2) physical uranium warehoused in the U.S.; and 3) a pipeline of resource-stage uranium projects in Arizona, Colorado, New Mexico and Paraguay. In Paraguay, the Company owns one of the largest and highest-grade ferro-titanium deposits in the world. 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.

Stock Exchange Information:
NYSE American: UEC
WKN: AØJDRR
ISN: US916896103

Safe Harbor Statement
Except for the statements of historical fact contained herein, the information presented in this news release constitutes "forward-looking statements" as such term is used in applicable United States and Canadian laws. These statements relate to analyses and other information that are based on forecasts of future results, estimates of amounts not yet determinable and assumptions of management. Any other statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions or future events or performance (often, but not always, using words or phrases such as "expects" or "does not expect", "is expected", "anticipates" or "does not anticipate", "plans, "estimates" or "intends", or stating that certain actions, events or results "may", "could", "would", "might" or "will" be taken, occur or be achieved) are not statements of historical fact and should be viewed as "forward-looking statements". Such forward looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Such risks and other factors include, among others, the actual results of exploration activities, variations in the underlying assumptions associated with the estimation or realization of mineral resources, the availability of capital to fund programs and the resulting dilution caused by the raising of capital through the sale of shares, accidents, labor disputes and other risks of the mining industry including, without limitation, those associated with the environment, delays in obtaining governmental approvals, permits or financing or in the completion of development or construction activities, title disputes or claims limitations on insurance coverage. Although the Company has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking statements, there may be other factors that cause actions, events or results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements contained in this news release and in any document referred to in this news release.

View original content:https://www.prnewswire.com/news-releases/uranium-energy-corp-files-fiscal-2022-q1-quarterly-report-301444851.html

SOURCE Uranium Energy Corp

FAQ

What does the recent Form 10-Q filing by UEC include?

The Form 10-Q filing by UEC includes condensed consolidated financial statements, related notes, and management's discussion and analysis.

When was UEC's quarterly report filed?

UEC's quarterly report was filed on December 15, 2021.

Where can I find UEC's financial statements?

UEC's financial statements are available on the SEC's website and the company's website.

What is UEC's primary business focus?

UEC focuses on environmentally friendly uranium mining using In-Situ Recovery methods.

What are UEC's key assets?

UEC's key assets include the Hobson Processing Facility and the Reno Creek project, among others.