Uranium Energy Corp (NYSE MKT: UEC) is a U.S. based uranium production, development and exploration company operating North America’s newest emerging uranium mine.
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.
The Company controls one of the largest databases of historic uranium exploration and development in the country. Using this knowledge base, the Company has acquired and is advancing exploration properties of merit throughout the southwestern U.S.
The Company’s fully licensed and permitted Hobson processing facility is central to all of its projects in South Texas, including the Palangana in-situ recovery mine, which is ramping up to full production, and the Goliad in-situ recovery project which is fully permitted for production and is in the initial stages of mine construction.
The Company is well financed to aggressively pursue its key development targets.
The Company has focused its property acquisition program primarily in the southwestern US states of Texas, Wyoming, New Mexico, Arizona, Colorado and Utah. This region has historically been the most concentrated area for uranium mining in the U.S. With the use of historical exploration databases, Uranium Energy Corp has been able to target properties for acquisition that have already been the subject of significant exploration and development by senior energy companies in the past.
Uranium Energy Corp’s strategy of acquiring exploration databases and leveraging those databases to generate acquisition targets has been effective thus far. The Company will continue to aggressively pursue this formula on an ongoing basis.
Uranium Energy Corp is well positioned to capitalize on the world’s overwhelming demand for more uranium, for more energy, for cheaper energy and for a cleaner environment.