Uranium Energy Corp Announces Receipt of New Denison Proposal to Acquire UEX Corporation

NYSE American: UEC

Denison’s Latest Non-Binding Offer Equates to 20% Dilution to Denison shareholders on a Fully Diluted Basis

UEC’s Accepted Offer Equates to Only 15% Dilution to UEC Shareholders on a Fully Diluted Basis

There is Overwhelming Support from UEX Shareholders for the UEC OfferCORPUS CHRISTI, Aug. 9, 2022 – Uranium Energy Corp. (NYSE American: UEC) (the "Company" or "UEC") announces that it has received a notice from UEX Corporation ("UEX") that Denison Mines Corp. ("Denison") has made a new non-binding proposal to acquire all of the issued and outstanding shares of UEX ("UEX Shares") pursuant to a plan of arrangement (the "New Denison Proposal"). UEX has further advised UEC that the board of directors of UEX (the "UEX Board") has determined to unilaterally postpose the special meeting of securityholders of UEX originally scheduled for today, Tuesday, August 9, 2022 to Monday, August 15, 2022 to consider whether the New Denison […]

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