Uranium Energy Corp Expands U.S. Warehoused Physical Uranium Program to 5 Million Pounds U3O8

Uranium Energy Corp Expands U.S. Warehoused Physical Uranium Program to 5 Million Pounds U3O8

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Corpus Christi, TX, April 20, 2022 – Uranium Energy Corp (NYSE American: UEC, the “Company” or “UEC” – https://www.commodity-tv.com/ondemand/companies/profil/uranium-energy-corp/ ) is pleased to report that it has now secured an additional 400,000 pounds of U.S. warehoused uranium, expanding its physical uranium program to 5 million pounds U 3 O 8 , with delivery dates out to December 2025 at a volume weighted average price of ~$38 per pound. UEC’s physical uranium program represents an unrealized gain of over $125 million based on the current spot price published by TradeTech on April 19, 2022, at $63.25 per pound U 3 O 8 .

Amir Adnani, President and CEO stated: “A year ago, UEC launched a physical uranium portfolio with 500,000 pounds purchased at a uranium cost basis of less than $30 per pound. The Company has grown the size of our […]

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