Apr 13, 2021
Uranium Energy (NYSE American: UEC) has announced that it will be a featured presenting company at the upcoming H.C. Wainwright Spring Mining Conference, slated for April 19–20, 2021. UEC CEO Amir Adnani will present at the virtual event. His live presentation is scheduled for Monday, April 19, at 10 a.m. ET. Adnani will also be available to participate in one-on-one meetings with investors attending the conference. An archived presentation will be available on EUC’s website for 90 days after the conference. In addition, Adnani talks about the company’s business play and objectives in a recent Streetwise Reports article, noting that selling uranium is only one piece of UEC’s business model. The article noted that UEC has purchase contracts for more than 2 million pounds of uranium at a volume-weighted average price of ~$30 per pound. In addition, the company recently closed on a public offering, resulting in $12 million. Those funds, along with the monies resulting from a delivery of contracted drummed uranium, have helped UEC amass more than $110 million of cash, equity and inventory holdings, the company noted. That along with the fact the company has seen strong investor interest, put the company in a strong financial situation. Adnani noted that the company was using part of the funds to execute a physical uranium strategy with drummed uranium purchases at market prices that are below most producers cost of production. That strategic plan will help the company achieve three key objectives: strengthen its balance sheet, provide strategic inventory to support future marketing efforts, and increase the availability of the company’s Texas and Wyoming production capacity to pursue specific opportunities for uranium of U.S. origin. “UEC is ideally positioned to be the leading supplier of American mined uranium for the domestic utilities and the U.S. government,” said UEC CEO Amir Adnani in the article. “We control the largest resource base of fully permitted ISR projects in Texas and Wyoming of any U.S. based producer, ideally positioned to lead the resurgence in domestic uranium mining. We are investing to build the next generation of low-cost and environmentally friendly uranium projects that will be competitive on a global basis.”
To register for the conference, visit https://ibn.fm/5LFdF
To view the full press release, visit https://ibn.fm/2idVv
About Uranium Energy Corp.
Uranium Energy is a U.S.-based uranium mining and exploration company. In South Texas, the company’s hub-and-spoke operations are anchored by the fully licensed Hobson Processing Facility, which is central to the Palangana, Burke Hollow and Goliad ISR projects. In Wyoming, UEC controls the Reno Creek project, which is the largest permitted, pre-construction ISR uranium project in the U.S. Additionally, the company controls a pipeline of uranium projects in Arizona, New Mexico and Paraguay, a uranium/vanadium project in Colorado and a large, high-grade ferro-titanium project in Paraguay. The company’s operations are managed by professionals with a recognized profile for excellence in their industry, a profile based on many decades of hands-on experience in the key facets of uranium exploration, development and mining. For more information about the company, please visit www.UraniumEnergy.com.
NOTE TO INVESTORS: The latest news and updates relating to UEC are available in the company’s newsroom at https://ibn.fm/UEC
About MiningNewsWire
MiningNewsWire (MNW) is a specialized communications platform focused on developments and opportunities in the global resources sector. The company provides (1) access to a network of wire services via InvestorWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution via the Investor Brand Network (IBN) to nearly 2 million followers, and (5) a full array of corporate communications solutions. As a multifaceted organization with an extensive team of contributing journalists and writers, MNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, MNW brings its clients unparalleled visibility, recognition and brand awareness. MNW is where news, content and information converge.
To receive SMS text alerts from MiningNewsWire, text “BigHole” to 21000 (U.S. Mobile Phones Only)
For more information, please visit https://www.MiningNewsWire.com
Please see full terms of use and disclaimers on the MiningNewsWire website applicable to all content provided by MNW, wherever published or re-published: https://www.MiningNewsWire.com/Disclaimer
MiningNewsWire
Los Angeles, California
www.MiningNewsWire.com
310.299.1717 Office
[email protected]
MiningNewsWire is part of the InvestorBrandNetwork.
The 2026 TCS New York City Marathon is set to take place this weekend in New York City! This year, […] The post Celebrities Running in New York City Marathon 2026: See the Complete List of Stars! appeared first on Just Jared - Celebrity News, Entertainment News & Photos.
Starbucks customers are going to be bear-y happy about this news. The coffee chain announced the return of its popular Bearista cup ahead of the upcoming holiday season, set to be available in...
Get your spooky hats on! View Entire Post ›
Netflix co-founder Reed Hastings ended his three-decade association with the company he co-founded last June, but he has a lot to say about how the company can get back to “being thrilling.” The exec said he “read about” Netflix laying off 1,000 workers, about 6% of its staff, but did not know in advance about […]
Harry Styles has released the music video for “Coming Up Roses,” and fans are already trying to figure out what […] The post Harry Styles Releases ‘Coming Up Roses’ Music Video, Fans React to Its Mysterious Meaning – Watch Now! appeared first on Just Jared - Celebrity News, Entertainment News & Photos.
EXCLUSIVE: Hulu has cast its five young leads for D.C. drama pilot Young Americans: Billie Boullet (Man on Fire), Sam Rechner (Scream 7), Mia Isaac (Black Cake), newcomer Oscar Winter Iannone, and Lauren Mei (Avatar: The Last Airbender). The actors join Scott Foley, whose casting as U.S. President Judd Burchfield was first announced. Boullet will […]
Alfonso Ribeiro isn’t dancing around this issue. In fact, the Dancing With the Stars host, and season 19 former winner, was quick to weigh in after season 21 competitor Alexa PenaVega recalled a...
Walter Koenig, who originated the role of Ensign Pavel Chekov in the 1960s Star Trek TV series and several subsequent movies about the adventures of the USS Enterprise, has died, according to his rep. He was 90. Zachery McGinnis of Galactic Productions posted Monday on Facebook that Koenig died of natural causes in North Hollywood […]
EXCLUSIVE: Abramorama has acquired North American distribution rights to Make Work, the documentary commissioned by the New York Choreographic Institute (the Institute) and directed by two-time Emmy-nominated filmmakers Linda Saffire and Adam Schlesinger (Restless Creature: Wendy Whelan) and produced by Saffire, Schlesinger and Adrian Danchig-Waring. The North American theatrical release is being lined up for […]
The Sharjah Intl. Film Festival for Children and Youth is adding a federal partner to its push to build a more substantial and sustainable pipeline for emerging filmmakers. The organization behind the festival signed an agreement with the UAE’s recently established National Media Authority covering areas from film screening procedures to training and technical support. […]
EXCLUSIVE: CAA has signed Landon Mauk and Riley Mitchell, a pair of cousins better known as comedy duo Bloodline Banter. Mauk and Mitchell are a Nashville-based pair with zero filters, too many opinions, and absolutely no plans to mind their own business. They’ve gained an online following with their namesake podcast, where they’ve demonstrated a […]
YOUR NEWS, OUR NETWORK.
Do you have Great News you want to tell the world?
Be it updates about your business or your community, you can make sure that it’s heard by submitting your story to our network reaching hundreds of news sites across 6 verticals.