Uranium Energy Corp. [UEC] Stock trading around $3.55 per share: What’s Next?

Uranium Energy Corp. [AMEX: UEC] loss -9.44% or -0.37 points to close at $3.55 with a heavy trading volume of 12110273 shares. The company report on November 9, 2021 that Uranium Energy Corp Creates America’s Largest Uranium Mining Company with the Acquisition of Uranium One Americas.

Uranium Energy Corp. (NYSE American: UEC) (the “Company” or “UEC”) is pleased to announce the Company has entered into a definitive share purchase agreement with Uranium One Investments Inc., a subsidiary of Uranium One Inc. (“Uranium One”), to acquire all the issued and outstanding shares of Uranium One Americas, Inc. (“U1A”) for a total purchase price comprised of $112 million in cash and the replacement (with corresponding payments to the seller) of $19 million in reclamation bonding (the “Acquisition”). Uranium One is the world’s fourth largest uranium producer and part of Russia’s State Atomic Energy Corporation, Rosatom.

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