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2007

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Uranium Energy Corp to Present at the Platts Nuclear Fuel Strategies Conference

September 24, 2007

AUSTIN, TX - September 24, 2007 – Uranium Energy Corp (OTCBB: URME) (Frankfurt: U6Z) (Berlin: U6Z) announces that Harry Anthony, Chief Operating Officer, will give a presentation about the Company, and will also participate in a panel discussion, at the Third Annual Platts Nuclear Fuel Strategies Conference in Arlington, Virginia, which takes place on September 25 to 26.

The discussion panel -- which is entitled “Outlook for Uranium Exploration, Development and Production” -- is comprised of senior officials of uranium development companies.  Some of the following topics will be discussed by the panel:

* Update on uranium production in the U.S.
* Beginning a new exploration cycle
* Bringing new mines into production
* Bringing old mines back into production
* Impact of consolidation on the uranium mining industry
* New techniques and trends in uranium geology and how they are being applied
* Recruiting and training a skilled labor force

Attendees include senior management from nuclear power operators, uranium mining and exploration companies, energy and mining investors, enrichment and fabrication companies, design and construction firms, and senior government representatives.

About Uranium Energy Corp

Uranium Energy Corp (URME: OTCBB) is a US-based junior resource company with the objective of becoming a near-term ISR uranium producer in the United States.  The Company controls one of the largest historical uranium exploration and development databases in the US.  Through the use of these databases, the Company has acquired advanced uranium properties throughout the southwestern US.  The operational management is comprised of pre-eminent uranium mining and exploration professionals, whose collective experience in the uranium mining industry gives the Company ongoing uranium mine-finding and uranium mine development expertise.  Uranium Energy Corp is well positioned to capitalize on the current alternative energy boom.  For more information, please visit www.uraniumenergy.com.

Contact North America:  Investor Relations, Uranium Energy Corp
Toll Free: (866) 748-1030
Phone: (604) 682-9775
Fax: (604)  682-3591
E-mail: [email protected]
Website: www.uraniumenergy.com

Stock Exchange Information: 
OTCBB Symbol: URME
Frankfurt Stock Exchange Symbol: U6Z
Berlin Stock Exchange Symbol: U6Z
WKN: AØJDRR
ISN: US9168961038

Safe Harbor Statement

This news release contains forward-looking statements within the meaning of Section 27A of the United States Securities Act of 1933, as amended, and Section 21E of the United States Securities and Exchange Act of 1934, as amended.  Statements in this news release, which are not purely historical, are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future.  These statements involve risks and uncertainties which could cause actual results to differ materially from those in the forward-looking statements contained herein.  Such risks and uncertainties may include, but are not limited to, the impact of competitive products, the ability to meet customer demand, the ability to manage growth, acquisitions of technology, equipment or human resources, the effect of economic and business conditions, the ability to attract and retain skilled personnel and factors outside the control of the Company.  These forward-looking statements are made as of the date of this news release, and the Company assumes no obligation to update the forward-looking statements or to update the reasons why actual results could differ from those projected in the forward-looking statements.  Although the Company believes that the beliefs, plans, expectations and intentions contained in this news release are reasonable, there can be no assurance those beliefs, plans, expectations or intentions will prove to be accurate.  Investors should consider all of the information set forth herein and should also refer to the risk factors disclosed in the Company’s periodic reports filed from time-to-time with the United States Securities and Exchange Commission.  This news release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of these securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction.