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From: MissionIR	6/23/2011 11:03:49 AM
	of 64

Uranium Energy Corp. (UEC) Strong Track Record a Clear Indicator of Future Success For investors interested in UEC, with 2011 only half way through, it’s useful to look back on some of the hard-won accomplishments of the previous year, gaining some perspective on what the company can do and which way it’s headed. Those accomplishments were summarized in the annual year-end letter to shareholders presented in December of 2010 by UEC’s President and CEO, Amir Adnani. The major achievements of 2010 for UEC were in the areas of initial production, exploration, and financing. • Initial Production – In November of 2010, UEC initiated uranium ISR (in-situ recovery) at their Palangana Project in south Texas, with the first uranium loaded resins being delivered to the company’s Hobson processing plant in Texas. The Hobson plant represents one of the few fully licensed and permitted uranium processing plants in the country, and soon began turning out the final product, marketable U308. • Exploration and Development – By the end of the year, UEC was actively drilling at both the Palangana and the Salvo projects in south Texas, and had technical reports estimating resources in all categories at Palangana of 2.2 million pounds, and at Salvo of 1.5 million pounds. In addition, exploration and development work was continuing at other sites, including Goliad in Texas, where the company received its Mine Permit and Production Area Authorization and had technical reports estimating resources of 6.9 million pounds. • Financing – In 2010, UEC received nearly $40 million, through $27.5 million in equity financing and the sale of a non-core asset for $11 million, giving the company an unusually strong financial position to continue investments in production and exploration. 2010 also saw increased analyst and media coverage for UEC, with analysts raising their price targets as goals were met. Forbes magazine published a feature article on the company in April of 2010 and CEO Adnani was interviewed by CNBC, The Wall Street Journal, Bloomberg, and Reuters. UEC was also added to the S&P/TSX Global Mining Index, an index of the world’s leading mining companies and, on November 19, 2010, the company had the honor of ringing the NYSE Closing Bell, marking the UEC’s transition from explorer to producer. By the end of 2010, UEC was debt free, with $35 million in cash, one of the country’s strongest technical teams, and various uranium mining and processing operations in Texas under development or production, with a number of other promising sites around the country under consideration. Most importantly, the company had established itself as North America’s newest uranium producer. The goal for 2011: Expanding production and generating cash flow. Please see disclaimer on the MissionIR website

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From: MissionIR	6/23/2011 11:10:20 AM
	of 64

Uranium Energy Corp. (UEC) Anticipates Construction for Goliad Project in July 2011 Uranium Energy Corp. is an industry leader in the production, development and exploration of uranium ore. The company is focused on developing uranium sites, and currently has a prominent project underway in Texas. Located in north-central Goliad County, Texas, the Goliad Project consists of 13 ISR uranium mining leases that cover 1,421 net acres of contiguous properties. The project is located in the Interior Coastal Plains portion of the Gulf Coastal Plains physiographic province. Experts characterize the geology by tertiary age sedimentary units that dip and thicken toward the Gulf of Mexico. Uranium mineralization is commonly seen in tertiary age formations and is often found within sand/sandstone types of deposits. According to UEC’s website, the permeable sands have also shown strong reductants, which have created widespread or localized areas of reducing conditions in the groundwater. These have caused dissolved uranium migrating in oxidizing groundwater to precipitate and concentrate. Between 2006 and 2007, UEC drilled over 599 confirmation and delineation holes to a 43-101 compliant resource of 6.9 million pounds U3O8. Of that number, 5.4 million pounds is measured and indicated and 1.5 million pounds is inferred. Across the properties, UEC has measured mineralization to be in four sand horizons from depths of 90 feet to 450 feet. The average thickness across these sand horizons is 14.5 feet, and they have an average grade of 0.075%. An independent party reviewed the Project’s metallurgical testing, and found recoveries of 86% to 89%. Previously, Coastal Uranium held the leases to these properties as the original holder. From 1979-1980, the company conducted a reconnaissance exploration project over a very large area that included the current Uranium Energy Corp. leases. Moore Energy Corp. acquired the leases from Coastal Uranium and drilled 479 holes during 1983 and 1984. After completing exploration drilling in 1984, Moore Energy estimated uranium reserves of approximately 3,366,000 tons at an average grade of about 0.05% eU3O8 and an average disequilibrium factor of 1.494. This equates to approximately 5.2 million pounds of eU3O8 – an estimate historical in nature. The latest Technical Report, filed on March 4th 2008, provides for a measured and indicated resource estimate for the company’s Goliad Project of 5,475,200 pounds at an average grade of 0.05% eU3O8, up from the previously reported and historical resource of 5.2 million pounds eU3O8 which was set forth in the Company’s previously filed Goliad Project NI 43-101 technical report. An additional 1,547,500 pounds of eU3O8 at an average grade of 0.05% is classified as an inferred mineral resource in the Technical Report. The estimate is based on the results from 1,086 drill holes at the Goliad Project, 599 by Uranium Energy Corp, 487 by other parties. According to data provided by UEC, Commissioners of the Texas Commission on Environmental Quality (TCEQ) have approved the Mine Permit, the Production Area Authorization for Production Area One (PA-1), and have granted the request for designation of an Exempt Aquifer. The Goliad Project has only one pending Texas authorization remaining, which is a Radioactive Material License. It is currently at an advanced technical review stage with TCEQ. Uranium Energy Corp. expects that the Goliad Project will become its second uranium-producing asset in Texas. When the company receives the Radioactive Material License for the project, UEC will commence construction at the project site. UEC anticipates that the remaining license will be approved this month. Please see disclaimer on the MissionIR website

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From: MissionIR	6/23/2011 11:17:03 AM
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Uranium Energy Corp. (UEC) is “One to Watch” Uranium Energy Corp. is a U.S.-based exploration and development company focused on uranium production in the U.S. The company’s operations are managed by professionals who have earned a reputable profile through many decades of hands-on experience in the key facets of uranium exploration, development and mining. Uranium Energy controls one of the largest databases of historic uranium exploration and development in the nation. Using this knowledge base, the company has acquired and is advancing exploration properties of merit throughout the southwestern U.S., a region known as being the most concentrated area for uranium mining in the United States. Uranium Energy’s fully licensed and permitted Hobson processing facility has a capacity of up to 3 million pounds per annum and is central to all of the company’s projects in South Texas. Well financed to execute on its key programs, the company’s Palangana is-situ recovery project is fully permitted and ramping up to full production, and its Goliad in-situ recovery project is in the final stages of mine permitting for production. The company’s strategy of acquiring exploration databases and leveraging those databases to generate acquisition targets has proven to be effective thus far. With plans to continue aggressively pursuing this successful strategy, Uranium Energy Corp is well positioned to capitalize on the world’s first significant alternative energy boom. Key Investment Highlights - Aggressive Exploration Program Underway in South Texas - Controls Twenty-Seven Projects in the U.S. with 35+ mm lbs. U3O8 - Operates the First New U.S. ISR Uranium Mine in Five Years - Strong Balance Sheet with $34 Million in Cash and No Debt Please see disclaimer on the MissionIR website

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From: MissionIR	6/24/2011 9:56:01 AM
	of 64

Uranium Energy Corp. (UEC) Announces Developments on Palangana Project Based in the United States with operations underway throughout North America, Uranium Energy Corp. is dedicated to furthering the production, development and exploration of uranium ore. UEC is focused on developing uranium sites and currently has two projects located in South Texas. One of these projects is the Palangana Project, which is an in-situ recovery (ISR) project that is steadily increasing production. The Palangana Project is located in the South Texas uranium belt, a prime location for uranium development. Positioned approximately 100 miles south of the Hobson facility, the Palanga Project consists of approximately 6,200-acres. In the past, Union Carbide Corporation (UCC), Chevron and Everest Exploration Inc. drilled over 4,000 exploration, development and production holes. In the late 1970s, UCC produced uranium at the project using ISR technology. Harry Anthony, UEC’s Chief Operating Officer, was a member of UCC’s ISR mining team and oversaw the development and production of this project. The latest 43-101 for Palangana was filed on Feb 23rd 2010. The Technical Report provides a Measured and Indicated Resource Estimate for the project of 1,057,000 pounds at an average grade of 0.135% eU3O8. This resource is located in two zones referred to as Production Area #1 and Production Area #2. An additional 1,154,000 pounds of eU3O8 at an average grade of 0.176% is classified as an Inferred Resource Estimate, and is located in six new exploration zones. These resource estimates were completed by SRK Consulting U.S. Inc., and were based on the results from 2,694 drill holes at the Palangana Project completed by previous operators. The Resource Estimates are mainly located east of the Palangana Dome. Uranium Energy has completed Phase I of the wellfield at Production Area 1, with more than 45 injection wells and production wells drilled, cased and tested. The average depth of wells throughout the PAA-1 wellfield is 450 feet. Each well has yielded promising volumes of water during each testing phase. UEC is adding gaseous oxygen and carbon dioxide to the circulating ground water, which has activated the mining process of dissolving the uranium from surrounding sandstones. Phases II and III of the PAA-1 wellfield will each contain 45 production and injection wells. To date, all Phase II wells have been completed, and are targeted to commence mining this year. UEC has begun installation of Phase III wells with three rigs actively casing and then completing each well. Additionally, UEC’s permitting and development teams are working towards bringing Palangana’s Production Area 2 closer to production. UEC’s exploration group commenced a drilling program during the third quarter consisting of approximately 50 holes at the proposed Production Area 3 wellfield. Resource expansion efforts are continuing in other areas at Palangana. Please see disclaimer on the MissionIR website

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From: MissionIR	6/24/2011 10:03:25 AM
	of 64

Uranium Prices Could Reach New Highs as Japan Recovers from Nuclear Disaster The nuclear crisis in Japan has caused many changes for the country and for the global economy. Analysts are keeping watch over certain goods and materials, but nothing has been more widely discussed than uranium. Despite the incident, analysts expect spot uranium prices to reach levels that were seen in Japan prior to the nuclear crisis. Amir Adnani, the Chief Executive Officer of Uranium Energy Corp. (AMEX: UEC), a U.S.-based company, said that demand for the ore remains intact, and as such, prices of spot uranium could continue to rise to reach new highs. In his interview, Adnani noted that spot uranium prices reached an all-time high of $140/lb in July of 2007, and stated that, “There is no reason why prices shouldn’t reach all time highs, as the end-user is not affected by the price of uranium.” Adnani said that the current supply of uranium is not enough to meet global demand. After the Fukushima crisis, global demand fell from 185 million pounds to 175 million, while supply remained steady at approximately 130 million. Uranium has been highlighted in discussions about the nuclear crisis in Japan because it is used to fuel nuclear power plants. Mr. Adnani said that before the earthquake and tsunami damaged the Fukushima Daiichi nuclear complex, people expected the price of uranium to reach around $80/lb by the end of the year. Spot uranium traded at around $70/lb just prior to the nuclear crisis; after Fukushima, uranium prices slumped to $56/lb as investors nervously weighed the potential for a global reconsideration concerning nuclear power. Some are cautious to say that uranium prices will rise because 17 nuclear plants worldwide have closed post-Fukushima. However, Adnani believes that uranium demand will not be affected, mainly because of the fact that, globally, construction of 62 nuclear reactors is underway, only 3% of which are from G-7 countries. Adnani believes this to be significant, stating, “The fundamental difference between reactors from the G-7 and those from growing economies is that the reactors in growing economies are state-run entities that have very little input from the public.” He theorized that those governments are more likely to advance their nuclear power capabilities. He used the example of China, where access to capital is easier for state-run projects than for private-run projects. Private-run projects can be swayed by negative public opinion and are often subject to lobbying from shareholders. The nuclear disaster in Japan has been compared to the infamous Chernobyl disaster in the Soviet Union, but Adnani notes that Chernobyl was more severe. As events in Japan continue to unfold, Adnani believes that “nuclear power is likely to continue to be at the forefront of the world’s energy mix, as the burning of fossil fuels continues to damage the environment and people become more aware of this.” According to Adnani, UEC was the only company in the world to commission a uranium project last year. At full capacity, the company can process 3 million pounds of uranium a year, very close to the United States’ existing annual domestic output of 3.5 million pounds. In the quarter ending Jan. 31, production of uranium concentrate reached approximately 21,000 pounds. Production is expected to increase every quarter to reach 1 million pounds at the end of July 2012. As UEC’s CEO, Adnani feels that his company is in position to capitalize on the projected resurgence of spot uranium prices. Please see disclaimer on the MissionIR website

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From: MissionIR	6/24/2011 10:05:15 AM
	of 64

Uranium Energy Corp. (UEC) Signs Merger Deal with Private Mining Company Uranium Energy Corp. recently reported that the company has entered into a merger deal with Concentric Energy, a privately owned mining company with operations in Arizona. Uranium Energy Corp. will issue 1.25 million shares of the company’s common stock in exchange for all outstanding shares of Concentric Energy Corp. The merger has been approved by the boards of directors of both companies. Concentric Energy Corp. owns a 100% interest in the Anderson property, a uranium production area located in Yavapai County, Arizona. The property is composed of 289 contiguous mineral claims on 5,785 acres. Uranium Energy Corp. said that open pit mining of uranium ore at the Anderson property began in 1955 after levels of radioactivity were found at the site. The company said that more than 10,000 tons of uranium ore were mined at the Anderson property and transported off site for further processing. Production from the property ended in 1959 after the Atomic Energy Commission ended its uranium purchasing program. In the late 1970’s, approximately 1,400 exploration holes were drilled at the site by various mining companies to assess the feasibility of constructing a mining and processing facility on the property. These feasibility studies did not lead to the construction of any mining operations. Concentric Energy staked a claim to the Anderson property in 2001, and began a drill program in 2006. The company has drilled 25 exploratory holes totaling more than 8,000 feet. For more information on the company, go to www.uraniumenergy.com Please see disclaimer on the MissionIR website

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