Uranium Energy Corp Confirms Intention to Acquire UEX Corporation

NYSE American: UEC

More than 38% of eligible UEX securities have already been tendered, as of this press release, with an overwhelming 93.7% voting in favour of the UEC transaction.

UEC offer of C$0.49 per UEX share is financially superior to the Acquisition Proposal submitted by Denison.

CORPUS CHRISTI, Texas, Aug. 5, 2022 /CNW/ – Uranium Energy Corp. (NYSE American: UEC) (the " Company " or " UEC ") announces that, further to its news release of July 28, 2022, it has advised UEX Corporation (" UEX ") that it is submitting a superior offer to the acquisition proposal made by Denison Mines Corp. (" Denison ") on July 28, 2022 (the " Denison Proposal ") for all of the issued and outstanding shares of UEX (" UEX Shares ").Under the terms of UEC’s revised offer (the " Revised UEC Offer "), each holder of UEX Shares […]

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