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Tuesday, March 20, 2007 9:47:52 AM
Friday March 9, 9:35 am ET
IRVINE, Calif., March 9, 2007 (PRIME NEWSWIRE) -- ``A report published by National Bank Financial early in the first quarter has identified top performing uranium equities,'' stated SmallCap Sentinel analyst D.R. Clark. ``At the top of this list is Uranium Energy Corp (OTC BB:URME.OB - News) which led the class with a +34.8% appreciation year-to-date at the time of the lists' publication followed by Laramide Resources (Toronto:LAM.TO - News) +23.6, Magnum Uranium Corp. (CDNX:MM.V - News) +20.7, and Rodinia Minerals Inc. (CDNX:RM.V - News) +13.8.''
``The report noted other bullish indicators. Where investors are putting their money is a strong indicator of overall sentiment toward a given market segment. As the uranium sector grew over the last year, so did the volume of funding - with well over $2 billion being raised by uranium companies. Two significant fundings helped make up that total, with First Uranium (Toronto:FIU.TO - News) raising nearly $275 million U.S. in its IPO and SXR Uranium One Inc. topping the list for the most money raised last year, with a funding of over $550 million U.S. This is a very bullish indicator for the uranium sector as a whole,'' Clark noted.
Uranium Energy Corp's share price has risen from $3.30 on January 9, 2007, the day it was first profiled in StockUpTicks & SmallCap Sentinel, to in excess of $9.00 U.S. recently.
A StockUpTicks.com profile of URME is available free to investors at http://stockupticks.com/profiles/1-9-07.html
The informational report ``Uranium for the SmallCap Investor'' has been made available at http://www.SmallCapSentinel.com and will address the rise of interest in uranium related equities including URME.
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Statements herein contain forward-looking statements and are subject to significant risks and uncertainties affecting results. SmallCapSentinel/StockUpTicks.com are properties of Market Pathways Financial Relations Inc. (MP). MP provides no assurance as to the subject company's plans or ability to effect proposed actions and cannot project capabilities, intent, resources, or experience.
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All information contained herein is based upon sources believed to be reliable but no representation is made as to accuracy or completeness. This report is neither a solicitation to buy nor an offer to sell securities but is rather a paid advertisement provided for information purposes only and should not be used as the basis for any investment decision. MP is not an investment advisor and this report is not investment advice. MP has been paid twenty four thousand dollars by Uranium Energy for preparation and distribution of this report and other advertising services over a ninety day period. Additionally, MP and/or its affiliates, associates and employees from time to time may have either a long or short position in any securities mentioned but do not currently and have not owned URME. This constitutes a conflict of interest as to MP's ability to remain objective in its communication regarding the subject companies.
Contact:
SmallCap Sentinel/StockUpTicks
Kurt Divich, Editor
(702) 396-1000
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