NYSE American: UEC
Fiscal 2022 Growth, Balance Sheet, Projects, Resources, and ESG Highlights as of September 29, 2022: Industry leading growth with the two accretive acquisitions of Uranium One Americas, Inc. ("U1A") and UEX Corporation ("UEX").
Acquired U1A for $125 million in cash, doubling U.S. production capacity in three key categories: total number of permitted In-Situ Recovery ("ISR") projects, resources and processing infrastructure.
Acquired UEX for $171.3 million in stock, which is expected to double total resources in all categories in the world-class, politically stable and uranium mining friendly jurisdiction of Canada, leading to the creation of the largest diversified North American focused uranium company.$173.3 million of cash and liquid assets, no debt, comprised of $48.6 million in cash, $39.5 million in equity holdings and $85.2 million in physical uranium inventories as of September 29, 2022.Expanded physical portfolio of U.S. warehoused uranium ("Physical Portfolio") to 5.5 […]
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