Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
maybe IFO will pull a TZOO next week lol
wow what a move on TZOO hotlinktuna!
IFO very strong today with volume :)
holding IFO and TZOO nice gappers
adding more IFO nice gapper
IFO / FORD / TZOO very powerful moves today hotlinktuna, rumor of a huge hedge fund going belly up and needs to cover their huge FORD/IFO/TZOO positions
extended explosion through next week imo Tuna
IFO/FORD/TZOO
IFO is an IBD Under 10 top rated stock with EPS 99 and technical analysis extremely bullish. The chart indicates a huge move up coming. Stochastic indicates oversold, sellers are exhausted (no volume prior, no big moves), earnings approaching and institutions --and smart investors--accumulating. BUY rating March 16 by Kaufman Bros. I just found this stock today looking at stochastic and IBD 100 and I bought 11AM before big move up. Oversold, quality stock ready to move and still loaded with shorts. Today is the 1st day of a massive extended move to $20 imho.
URME =>11M FLOAT URANIUM FUELED MONSTER BLASTS PAST $4 TODAY !!!!!
finally got in URME yesterday thanks
thanks Wang, looks like URME is starting to EXPLODE already!!=>
Uranium Energy Corp. Completes Acquisition of Key Uranium Database
Thursday April 20, 9:00 am ET
AUSTIN, TEXAS--(MARKET WIRE)--Apr 20, 2006 -- Covering One Million Acres and 10,000 Drill Holes in Texas, Wyoming and New Mexico.
The purchase of Moore Energy's 30-Year strategic database propels the Company's acquisition, exploration and development programs in highly prolific Uranium zones in the USA.
Uranium Energy Corp. (OTC BB:URME.OB - News)(FWB:U6Z)(Berlin:U6Z.BE - News)(WKN:AOJDRR)(ISN:US9168961038) (the "Company") has acquired a significant strategic database of US uranium exploration and development results from Moore Energy Corporation, a private Oklahoma-based uranium development and exploration company.
ADVERTISEMENT
The Moore Energy US uranium database consists of over 30 years of substantial uranium exploration and development information in the uranium-producing states of Texas, New Mexico, and Wyoming, originally conducted during the 1970s, '80s and '90s. The database has already been instrumental for the Company in identifying drill-proven uranium ore bodies, and in supporting the negotiation of joint ventures. It includes results of over 10,000 drill holes, plus primary maps, and geological reports. It covers approximately one million acres of prospective uranium claims, in the South Texas trend, New Mexico, and Powder River Basin, Wyoming, as well as previously-unknown uranium-bearing zones in Texas. The Moore Energy database positions the Company to become a leader in US uranium exploration and development.
The database also provides the Company with essential development data about its flagship Goliad Project in south Texas, including 250,000 feet of drill logs that define 5.2 million pounds of historic resources, and further delineates zones of potential to expand these resources significantly. It also contains significant drilling results from properties that are being developed by other uranium exploration companies, which are expressing interest in joint ventures, or strategic relationships.
Amir Adnani, CEO of Uranium Energy Corp., comments on the acquisition: "This acquisition delivers considerable value and time savings for our shareholders. We have the benefit of over 30 years of valuable uranium field experience data here, and an estimated saving of $9 million in exploration costs. These important assets are now being aggressively exploited by our technical team. This data gives us a tremendous competitive advantage in these regions and will deliver significant value to our shareholders as we begin to capitalize on this investment, not only in our current holdings, but for future exploration and development as well."
About Uranium Energy Corp.
Uranium Energy Corp. (OTC BB:URME.OB - News) is a US-based junior resource company with the near-term objective of uranium production in the United States. The company has a mandate to acquire historical uranium resources that can be quickly developed into producing uranium mines. The Company is managed by veteran mining and exploration professionals eminent in the field of uranium, whose collective experience in the mining industry, and specifically in the uranium mining sector, brings together more than 180 years of uranium mine-finding and uranium mine development expertise. Uranium Energy Corp. is well positioned to capitalize on the world's first significant alternative energy boom. See www.uraniumenergy.com for more information.
Safe Harbor Statement
This news release contains "forward-looking statements", as that term is defined in section 27a of the United States Securities Act of 1933, as amended, and section 21e of the United States Securities Exchange Act of 1934, as amended. Statements in this news release, which are not purely historical, are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future.
Except for the historical information presented herein, matters discussed in this news release contain forward-looking statements that are subject to certain risks and uncertainties that could cause actual results to differ materially from any future results, performance or achievements expressed or implied by such statements. Statements that are not historical facts, including statements that are preceded by, followed by, or that include such words as "estimate", "anticipate", "believe", "plan" or "expect" or similar statements are forward-looking statements. Risks and uncertainties for the company include, but are not limited to, the risks associated with property development and funding as well as the risks shown in the company's most recent annual report on form 10-ksb and on form 10-qsb and from time-to-time in other publicly available information regarding the company. Other risks include risks associated with the regulatory approval process, competitive companies, future capital requirements and the company's ability and level of support for its exploration and development activities. There can be no assurance that the company's development efforts will succeed and the company will ultimately achieve commercial success. These forward-looking statements are made as of the date of this news release, and the company assumes no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although the company believes that the beliefs, plans, expectations and intentions contained in this news release are reasonable, there can be no assurance those beliefs, plans, expectations or intentions will prove to be accurate. Investors should consider all of the information set forth herein and should also refer to the risk factors disclosed in the company's periodic reports filed from time-to-time with the United States Securities and Exchange Commission.
This news release has been prepared by management of the company who takes full responsibility for its contents. Each of the NASD, the SEC and the OTCBB neither approves nor disapproves of the contents of this news release. This news release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of these securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction.
Contact:
Contacts:
Uranium Energy Corp.
Investor Relations
North America Contact
Toll Free: (877) 676-7183 or (512) 721-1022
(512) 721-1023 (FAX)
info@uraniumenergy.com
http://www.uraniumenergy.com
International Market Trend AG
Europe Contact
+41.43.888.67.00
+41.43.888.67.09 (FAX)
--------------------------------------------------------------------------------
Source: Uranium Energy Corp.
http://biz.yahoo.com/iw/060420/0124104.html
you're right again about URME Wang, I'll be watching for that huge follow-up PR tomorrow morning
nice stock, been green all day while the rest of the sector takes profits. (Uranium stocks) URME looks like at least a double from here.
NECX what a weird stock lol!
it does the exact opposite of what the general sector does once again..
do you trade NECX often bb_stocks?
URME setting up for a strong close chk lvl 2
URME news WOW => Uranium Energy Corp. Completes Acquisition of Key Uranium Database
Thursday April 20, 9:00 am ET
AUSTIN, TEXAS--(MARKET WIRE)--Apr 20, 2006 -- Covering One Million Acres and 10,000 Drill Holes in Texas, Wyoming and New Mexico.
The purchase of Moore Energy's 30-Year strategic database propels the Company's acquisition, exploration and development programs in highly prolific Uranium zones in the USA.
Uranium Energy Corp. (OTC BB:URME.OB - News)(FWB:U6Z)(Berlin:U6Z.BE - News)(WKN:AOJDRR)(ISN:US9168961038) (the "Company") has acquired a significant strategic database of US uranium exploration and development results from Moore Energy Corporation, a private Oklahoma-based uranium development and exploration company.
The Moore Energy US uranium database consists of over 30 years of substantial uranium exploration and development information in the uranium-producing states of Texas, New Mexico, and Wyoming, originally conducted during the 1970s, '80s and '90s. The database has already been instrumental for the Company in identifying drill-proven uranium ore bodies, and in supporting the negotiation of joint ventures. It includes results of over 10,000 drill holes, plus primary maps, and geological reports. It covers approximately one million acres of prospective uranium claims, in the South Texas trend, New Mexico, and Powder River Basin, Wyoming, as well as previously-unknown uranium-bearing zones in Texas. The Moore Energy database positions the Company to become a leader in US uranium exploration and development.
The database also provides the Company with essential development data about its flagship Goliad Project in south Texas, including 250,000 feet of drill logs that define 5.2 million pounds of historic resources, and further delineates zones of potential to expand these resources significantly. It also contains significant drilling results from properties that are being developed by other uranium exploration companies, which are expressing interest in joint ventures, or strategic relationships.
Amir Adnani, CEO of Uranium Energy Corp., comments on the acquisition: "This acquisition delivers considerable value and time savings for our shareholders. We have the benefit of over 30 years of valuable uranium field experience data here, and an estimated saving of $9 million in exploration costs. These important assets are now being aggressively exploited by our technical team. This data gives us a tremendous competitive advantage in these regions and will deliver significant value to our shareholders as we begin to capitalize on this investment, not only in our current holdings, but for future exploration and development as well."
About Uranium Energy Corp.
Uranium Energy Corp. (OTC BB:URME.OB - News) is a US-based junior resource company with the near-term objective of uranium production in the United States. The company has a mandate to acquire historical uranium resources that can be quickly developed into producing uranium mines. The Company is managed by veteran mining and exploration professionals eminent in the field of uranium, whose collective experience in the mining industry, and specifically in the uranium mining sector, brings together more than 180 years of uranium mine-finding and uranium mine development expertise. Uranium Energy Corp. is well positioned to capitalize on the world's first significant alternative energy boom. See www.uraniumenergy.com for more information.
Safe Harbor Statement
This news release contains "forward-looking statements", as that term is defined in section 27a of the United States Securities Act of 1933, as amended, and section 21e of the United States Securities Exchange Act of 1934, as amended. Statements in this news release, which are not purely historical, are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future.
Except for the historical information presented herein, matters discussed in this news release contain forward-looking statements that are subject to certain risks and uncertainties that could cause actual results to differ materially from any future results, performance or achievements expressed or implied by such statements. Statements that are not historical facts, including statements that are preceded by, followed by, or that include such words as "estimate", "anticipate", "believe", "plan" or "expect" or similar statements are forward-looking statements. Risks and uncertainties for the company include, but are not limited to, the risks associated with property development and funding as well as the risks shown in the company's most recent annual report on form 10-ksb and on form 10-qsb and from time-to-time in other publicly available information regarding the company. Other risks include risks associated with the regulatory approval process, competitive companies, future capital requirements and the company's ability and level of support for its exploration and development activities. There can be no assurance that the company's development efforts will succeed and the company will ultimately achieve commercial success. These forward-looking statements are made as of the date of this news release, and the company assumes no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although the company believes that the beliefs, plans, expectations and intentions contained in this news release are reasonable, there can be no assurance those beliefs, plans, expectations or intentions will prove to be accurate. Investors should consider all of the information set forth herein and should also refer to the risk factors disclosed in the company's periodic reports filed from time-to-time with the United States Securities and Exchange Commission.
This news release has been prepared by management of the company who takes full responsibility for its contents. Each of the NASD, the SEC and the OTCBB neither approves nor disapproves of the contents of this news release. This news release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of these securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction.
Contact:
Contacts:
Uranium Energy Corp.
Investor Relations
North America Contact
Toll Free: (877) 676-7183 or (512) 721-1022
(512) 721-1023 (FAX)
info@uraniumenergy.com
http://www.uraniumenergy.com
International Market Trend AG
Europe Contact
+41.43.888.67.00
+41.43.888.67.09 (FAX)
--------------------------------------------------------------------------------
Source: Uranium Energy Corp.
http://biz.yahoo.com/iw/060420/0124104.html
URME => Uranium Energy Corp. Completes Acquisition of Key Uranium Database
Thursday April 20, 9:00 am ET
AUSTIN, TEXAS--(MARKET WIRE)--Apr 20, 2006 -- Covering One Million Acres and 10,000 Drill Holes in Texas, Wyoming and New Mexico.
The purchase of Moore Energy's 30-Year strategic database propels the Company's acquisition, exploration and development programs in highly prolific Uranium zones in the USA.
Uranium Energy Corp. (OTC BB:URME.OB - News)(FWB:U6Z)(Berlin:U6Z.BE - News)(WKN:AOJDRR)(ISN:US9168961038) (the "Company") has acquired a significant strategic database of US uranium exploration and development results from Moore Energy Corporation, a private Oklahoma-based uranium development and exploration company.
ADVERTISEMENT
The Moore Energy US uranium database consists of over 30 years of substantial uranium exploration and development information in the uranium-producing states of Texas, New Mexico, and Wyoming, originally conducted during the 1970s, '80s and '90s. The database has already been instrumental for the Company in identifying drill-proven uranium ore bodies, and in supporting the negotiation of joint ventures. It includes results of over 10,000 drill holes, plus primary maps, and geological reports. It covers approximately one million acres of prospective uranium claims, in the South Texas trend, New Mexico, and Powder River Basin, Wyoming, as well as previously-unknown uranium-bearing zones in Texas. The Moore Energy database positions the Company to become a leader in US uranium exploration and development.
The database also provides the Company with essential development data about its flagship Goliad Project in south Texas, including 250,000 feet of drill logs that define 5.2 million pounds of historic resources, and further delineates zones of potential to expand these resources significantly. It also contains significant drilling results from properties that are being developed by other uranium exploration companies, which are expressing interest in joint ventures, or strategic relationships.
Amir Adnani, CEO of Uranium Energy Corp., comments on the acquisition: "This acquisition delivers considerable value and time savings for our shareholders. We have the benefit of over 30 years of valuable uranium field experience data here, and an estimated saving of $9 million in exploration costs. These important assets are now being aggressively exploited by our technical team. This data gives us a tremendous competitive advantage in these regions and will deliver significant value to our shareholders as we begin to capitalize on this investment, not only in our current holdings, but for future exploration and development as well."
About Uranium Energy Corp.
Uranium Energy Corp. (OTC BB:URME.OB - News) is a US-based junior resource company with the near-term objective of uranium production in the United States. The company has a mandate to acquire historical uranium resources that can be quickly developed into producing uranium mines. The Company is managed by veteran mining and exploration professionals eminent in the field of uranium, whose collective experience in the mining industry, and specifically in the uranium mining sector, brings together more than 180 years of uranium mine-finding and uranium mine development expertise. Uranium Energy Corp. is well positioned to capitalize on the world's first significant alternative energy boom. See www.uraniumenergy.com for more information.
Safe Harbor Statement
This news release contains "forward-looking statements", as that term is defined in section 27a of the United States Securities Act of 1933, as amended, and section 21e of the United States Securities Exchange Act of 1934, as amended. Statements in this news release, which are not purely historical, are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future.
Except for the historical information presented herein, matters discussed in this news release contain forward-looking statements that are subject to certain risks and uncertainties that could cause actual results to differ materially from any future results, performance or achievements expressed or implied by such statements. Statements that are not historical facts, including statements that are preceded by, followed by, or that include such words as "estimate", "anticipate", "believe", "plan" or "expect" or similar statements are forward-looking statements. Risks and uncertainties for the company include, but are not limited to, the risks associated with property development and funding as well as the risks shown in the company's most recent annual report on form 10-ksb and on form 10-qsb and from time-to-time in other publicly available information regarding the company. Other risks include risks associated with the regulatory approval process, competitive companies, future capital requirements and the company's ability and level of support for its exploration and development activities. There can be no assurance that the company's development efforts will succeed and the company will ultimately achieve commercial success. These forward-looking statements are made as of the date of this news release, and the company assumes no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although the company believes that the beliefs, plans, expectations and intentions contained in this news release are reasonable, there can be no assurance those beliefs, plans, expectations or intentions will prove to be accurate. Investors should consider all of the information set forth herein and should also refer to the risk factors disclosed in the company's periodic reports filed from time-to-time with the United States Securities and Exchange Commission.
This news release has been prepared by management of the company who takes full responsibility for its contents. Each of the NASD, the SEC and the OTCBB neither approves nor disapproves of the contents of this news release. This news release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of these securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction.
Contact:
Contacts:
Uranium Energy Corp.
Investor Relations
North America Contact
Toll Free: (877) 676-7183 or (512) 721-1022
(512) 721-1023 (FAX)
info@uraniumenergy.com
http://www.uraniumenergy.com
International Market Trend AG
Europe Contact
+41.43.888.67.00
+41.43.888.67.09 (FAX)
--------------------------------------------------------------------------------
Source: Uranium Energy Corp.
http://biz.yahoo.com/iw/060420/0124104.html
URME a chart beauty, check it out Shakerz tiny 11M float with more strong news this morning!!!!!!
This thing is poised to blow up.
URME two more 20K block buys @ $3.25 nice
URME close $3.50+ => MM "ARCA" is short..and BADLY!!!!!
weeeeeeeeeeeeeee
URME => Major breakout coming above $3.20 !!!!!!!!
URME **URANIUM MONSTER** ka-boooooooooooooooooooooom !!!!!!!
URME about to explode
URME getting ready to explode!!!
AEZ the buy of the CENTURY here, do your D&D!!!! An $8 stock pushed down to under $5 by shorts on all outstanding news & powerful fundies.
-OVER $29M in ASSETS
-ZERO DEBT
AEZ **OIL/GAS** =>$30 MILLION IN ASSETS WITH ZERO DEBT!!!!!!
At December 31, 2005, American had working capital of $6,911,000, total assets of $29,549,000, a long term asset retirement obligation of $117,000, a deferred income tax obligation of $157,000, and stockholders' equity of $27,841,000. There are currently 36,653,264 common shares and 250,000 series AA convertible preferred shares outstanding.
Selected Financial and
Operating Data Fiscal Year Ended
12/31/05 12/31/04
FINANCIAL RECAP:
Revenues $ 4,691,381 $ 746,242
Net income (loss) attributable to
common stockholders $ 602,874 $(499,651)
Net income (loss) per common share- basic $ 0.02 $ (0.02)
Net income (loss) per common share-diluted $ 0.02 $ (0.02)
OPERATING DATA:
Net oil production (Bbl) 78,954 12,849
Oil revenues $ 4,254,944 $ 534,288
Average oil price per Bbl $ 53.89 $ 41.58
Net gas production (Mcf) 59,733 48,965
Natural gas revenues $ 436,437 $ 211,954
Average gas price per Mcf $ 7.31 $ 4.33
Barrels of oil equivalent produced ("BOE") 88,910 21,010
Lease operating and production taxes $ 246,134 $ 80,461
LOE and production taxes per BOE $ 2.77 $ 3.83
Depreciation, depletion and
amortization-oil and gas properties $ 1,364,988 $ 188,189
DD&A per BOE $ 15.35 $ 8.95
General and administrative expenses $ 2,032,256 $ 945,114
http://biz.yahoo.com/prnews/060407/nyf049.html?.v=48
AEZ starting to explode!! drilling news must be getting near NICE
would you please post an AEZ chart when you get the chance?
thank you very much
URME about to explode hotlinktuna $3+ now on ramping volume
URME BLASTING PAST $3!!!! weeeeeeeeeeeeeeeeeee
URME => HUGE 9M FLOAT URANIUM PLAY EXPLODING!!! =>
(Reuters) Iran will continue to enrich uranium, influential former Iranian President Akbar Hashemi Rafsanjani said on Monday, as concerns grow over possible U.S. military action against Tehran's nuclear program.
Iran announced last week it had enriched uranium for use in its power stations, stoking a diplomatic row with the West which suspects Tehran is trying to build an atomic bomb. Iran says it is seeking nuclear power to generate electricity.
"The Islamic Republic of Iran does not intend to stop," Rafsanjani told reporters in Kuwait in answer to a question about uranium production.
The International Atomic Energy Agency (IAEA) says it cannot verify Iran's nuclear program is entirely peaceful despite three years of probing but it has found no hard proof of efforts to build atomic weapons.
A team of IAEA inspectors would travel to Iran "within two days to try to remove ambiguities on Iran's nuclear issue" as agreed with IAEA head Mohamed ElBaradei, Iran's semi-official Mehr news agency said, quoting an Iranian diplomat.
HARM
Rafsanjani, speaking through an interpreter, said he did not believe the United States would attack Iran.
"We are sure that America will not enter into such a predicament," he said. "But if (Iran) is subjected to aggression ... then the war will have its consequences."
"Harm would not only engulf the Islamic Republic of Iran but the region and everybody."
Iran's Gulf neighbors have repeatedly expressed concern at its nuclear program, saying they would be the first affected if anything goes wrong -- whether a leak in a reactor or a military strike on nuclear facilities.
Rafsanjani later told Iranian expatriates in Kuwait that Tehran's foes wanted to hammer a wedge between Iran and fellow Gulf states."We have to live together with our neighbors and not to let our enemies try to create differences between us," he said. "Countries of the region are our friends; they can use our progress in all fields," he added in remarks translated by an interpreter.
Iran's nuclear ambitions have added to tension in the Gulf region, which is already worried about instability in Iraq since the 2003 U.S.-led invasion that ousted Saddam Hussein.
In Kuwait, Rafsanjani, who heads a council that arbitrates Iranian legislative disputes, sought to ally Gulf fears, saying the atomic program was bound by the nuclear Non-Proliferation Treaty and supervised by the IAEA, the U.N. nuclear watchdog.
But Kuwaiti politicians and newspapers said verbal assurances alone were not enough to allay fears over a meltdown or a confrontation with the West.
"The Chernobyl accident is still on our minds," member of parliament Mohammad al-Saqer said, referring to the Soviet reactor disaster.
"Iran is a neighborly and friendly state but these verbal Iranian assurances don't mean a thing," Saqer told reporters.
"The assurances should be tangible. The Iranians are escalating the situation daily ... This is a scary thing, not only for the international community but for the region also."
http://ca.today.reuters.com/news/NewsArticle.aspx?type=topNews&storyID=uri:2006-04-17T191244Z_01....
URME thanks hotlinktuna, i was alerted to it yesterday here & did a quick D&D on it and loaded big
this will be an absolute monster as the Iran nuclear crisis escalates this summer imho
keep a close eye on URME hotlinktuna!!! rising low float URANIUM play!!
-wickerman-
URME=> URANIUM 11M LOW FLOAT BEAST READY TO EXPLODE!!!!
URME uranium play BLOWING UP !!! KA-BOOOOOOOOOOOOOM !!!!!!
Loading up on AEZ here, only OIL gem that the shorts have held.. so far...
265% REVENUE GROWTH HERE => TARGET $8+
URME => 9M FLOAT URANIUM GEM!!!! ** D&D HERE **
Uranium Energy Corp. is a US-based junior resource company with the near-term objective of uranium production in the United States. The company's management is comprised of veteran mining and exploration professionals eminent in the field of uranium, whose collective experience in the mining industry, and specifically in the uranium mining sector, gives the Company over 160 years of uranium mine-finding and uranium mine development expertise. UEC is well positioned to capitalize on the world's first significant alternative energy boom.
The company has focused its early property acquisition program primarily in the southwestern US states of Texas, Wyoming, Arizona, Colorado and Utah. This region has historically been the most concentrated area for uranium mining in the US. With the use of historical exploration databases, UEC has been able to target properties for acquisition that have already been the subject of significant exploration and development by senior energy companies in the past. UEC's strategy of acquiring exploration databases and leveraging those databases to generate acquisition targets has been effective thus far. The Company will continue to aggressively pursue this formula on an ongoing basis.
The company's exploration mandate is to identify and acquire properties that demonstrate historical uranium resources. To date, the Company has successfully acquired property containing 10.7 million pounds of historic uranium resources, with potential targets of 26.5 million pounds in additional resources being identified by the Company's databases.
The Company's foundation asset, located in Goliad County, Texas, has 5.2 million pounds of historic and ISL-amenable (In Situ Leaching) uranium resource with potential targets of 10 million pounds in additional resources. Planning for first phase of confirmation drilling and ISL permitting is underway.
Alan Lindsay, Chairman of the board of Uranium Energy Corp. states, "Our public listing is the next important step in the evolution of Uranium Energy Corp. Over the past year and a half, we have built a significant portfolio of personnel and resources. We now have the ingredients necessary to build a formidable uranium mining company. UEC is an extremely well-timed production development venture."
About Uranium
Domestic uranium development in the United States has been widely ignored up until recently when uranium prices started increasing dramatically from record lows. The spot price of uranium has increased 75% in the last twelve months, and 500% in the last five years, following over twenty years of severely depressed prices. Investment analysts and government agencies universally forecast continuing price increases in the future due to a lack of supply of uranium, and due to strong positive sentiment towards nuclear power as a safe and emission-free alternative to fossil fuels.
About Uranium Energy Corp.
Uranium Energy Corp. (OTCBB:URME - News) is a US-based junior resource company with the near-term objective of uranium production in the United States. The company has a mandate to acquire historical uranium resources that can be developed into producing uranium mines. Its management is comprised of veteran mining and exploration professionals eminent in the field of uranium, whose collective experience in the mining industry, and specifically in the uranium mining sector, gives the Company over 150 years of uranium mine-finding and uranium mine development expertise. UEC is well positioned to capitalize on the world's first significant alternative energy boom. See www.uraniumenergy.com for more information.
Safe Harbor Statement
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: This release includes forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 that involve risks and uncertainties including, but not limited to, the impact of competitive products, the ability to meet customer demand, the ability to manage growth, acquisitions of technology, equipment, or human resources, the effect of economic and business conditions, and the ability to attract and retain skilled personnel. The Company is not obligated to revise or update any forward-looking statements in order to reflect events or circumstances that may arise after the date of this release.
Contact:
Investor Relations North America
Uranium Energy Corp
Toll Free: 1-877-676-7183
(512) 721-1023 (FAX)
info@uraniumenergy.com
www.uraniumenergy.com
Europe
International Market Trend AG
+41.43.888.67.00
+41.43.888.67.09 (FAX)
--------------------------------------------------------------------------------
Source: Uranium Energy Corp.
http://biz.yahoo.com/ccn/060217/200602170311439001.html?.v=1
#OS 18.2M
FLOAT 9.1M