American Uranium Pure Play Now Has USD $110 Million Cash, Equity and Strategic US-Warehoused Inventory Holdings

American Uranium Pure Play Now Has USD $110 Million Cash, Equity and Strategic US-Warehoused Inventory Holdings

On April 6, 2021, Uranium Energy (UEC:NYSE) announced that it has secured an additional 705,000 pounds of U.S. warehoused uranium , with delivery dates out to December 2022.

Selling U 3 O 8 is only one prong of UEC’s business model.

"UEC is ideally positioned to be the leading supplier of American mined uranium for the domestic utilities and the U.S. government," stated UEC CEO Amir Adnani. "We control the largest resource base of fully permitted ISR projects in Texas and Wyoming of any U.S. based producer, ideally positioned to lead the resurgence in domestic uranium mining."

"We are investing to build the next generation of low-cost and environmentally friendly uranium projects that will be competitive on a global basis," added Adnani.UEC is a Swiss army knife of uranium-focused investments (it cuts, saws, screws and scissors). Including the previously announced contracts to acquire 1.4 million pounds of uranium concentrates, UEC now has […]

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