Uranium Energy Corp. and UEX Corporation Announce Amendment to the Arrangement Agreement; Special Meeting of UEX Securityholders will Remain on Tuesday, August 9, 2022

More than 38% of eligible UEX securities have already been tendered, as of this press release, with 93.4% voting in favour of the UEC transaction

Uranium Energy Corp. (NYSE American: UEC) (the "Company" or "UEC") and UEX Corporation (TSX: UEX) "UEX" are pleased to announce that they have entered into an amending agreement (the "Amending Agreement") to the previously announced arrangement agreement dated June 13, 2022, as amended June 23, 2022, among UEX, UEC and the UEC 2022 Acquisition Corp., pursuant to which UEC will acquire all of the issued and outstanding common shares of UEX ("UEX Shares") by way of a statutory plan of arrangement (the "Arrangement") under the Canada Business Corporations Act (the "Transaction").

Under the terms of the Amending Agreement, holders of UEX Shares ("UEX Shareholders") will now receive 0.0890 of one common share of UEC (a "UEC Share") for each UEX Share held, implying consideration of […]

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