Brunswick Exploration Inc. press release

InvestorNewsBreaks - Uranium Energy Corp. (NYSE American: UEC) Highlights Strategic Growth and Production Expansion

2024-12-05

TSXV - TSX Venture Exchange · Lithium · Cesium · Tantalum · Canada · Corporate Finance

Uranium Energy (NYSE American: UEC)has filed its quarterly report, showcasing significant progress in its U.S. and Canadian operations. The company reported over $350 million in liquid assets with no debt, providing flexibility to scale production in response to rising uranium demand. Key developments include the commissioning of Mine Units 8 and 10 at the Christensen Ranch and approval to increase licensed production capacity at the Irigaray Plant to 4 million pounds of U₃O₈ annually. In Texas, construction began at the Burke Hollow Project’s ion exchange facility, with infrastructure improvements underway. UEC’s unhedged strategy positions it to capitalize on the tightening uranium market while advancing its geographically diverse production pipeline.

To view the full press release, visit https://ibn.fm/jIoa2

About Uranium Energy Corp.

Uranium Energy is the fastest growing supplier of the fuel for the green energy transition to a low carbon future. UEC is the largest, diversified North American focused uranium company, advancing the next generation of low-cost, environmentally friendly In-Situ Recovery (“ISR”) mining uranium projects in the United States and high-grade conventional projects in Canada. The company has two production-ready ISR hub-and-spoke platforms in South Texas and Wyoming. These platforms are anchored by fully operational central processing plants and served by seven U.S. ISR uranium projects with all their major permits in place. Additionally, the company has diversified uranium holdings including: (1) one of the largest physical uranium portfolios of U.S. warehoused U3O8; (2) a major equity stake in Uranium Royalty Corp., the only royalty company in the sector; and (3) a pipeline of resource stage uranium projects. The company’s operations are managed by professionals with decades of hands-on experience in the key facets of uranium exploration, development and mining. For more information about the company, visitwww.UraniumEnergy.com.

NOTE TO INVESTORS:The latest news and updates relating to UEC are available in the company’s newsroom athttps://ibn.fm/UEC

About InvestorWire

InvestorWire(“IW”) is a specialized communications platform with a focus on advanced wire-grade press release syndication for private and public companies and the investment community. It is one of 60+ brands within the Dynamic Brand Portfolio@ IBNthat delivers:(1) access to a vast network of wire solutions via InvestorWireto efficiently and effectively reach a myriad of target markets, demographics and diverse industries;(2) article and editorial syndication to 5,000+ outlets;(3) enhanced press release enhancementto ensure maximum impact;(4) social media distributionvia IBN to millions of social media followers;and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, IW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists and the general public. By cutting through the overload of information in today’s market, IW brings its clients unparalleled recognition and brand awareness. IW is where breaking news, insightful content and actionable information converge.

For more information, please visit https://www.InvestorWire.com

Please see full terms of use and disclaimers on the InvestorWire website applicable to all content provided by IW, wherever published or re-published: https://www.InvestorWire.com/Disclaimer

InvestorWire Los Angeles, CA www.InvestorWire.com 310.299.1717 Office Editor@InvestorWire.com

InvestorWire is powered by IBN