URANIUM ENERGY CORP (OTCBB: URME)

Breaking *NEWS* From Uranium Energy Corp.

Press Release Source: Uranium Energy Corp
Thursday February 1, 9:00 am ET

AUSTIN, TEXAS--(MARKET WIRE)--Feb 1, 2007 -- Uranium Energy Corp (OTC BB:URME.OB - News)(FWB: U6Z)(Berlin:U6Z.BE - News) announces the appointment of Curtis O. Sealy as Vice President of Production. Mr. Sealy is a registered professional engineer who has 40 years experience designing and constructing mines and other large-scale engineering projects internationally. His most recent 20 years have been spent with uranium mining and development companies.

Mr. Sealy has broad experience designing, developing, constructing and providing quality control/quality assurance for large-scale engineering projects, including mines, petrochemical facilities, dams, harbor works, landfills, groundwater and surface reclamation and many other projects. He is a recognized expert on earth structures and ground improvement techniques, and has authored numerous papers in his field of expertise.

Mr. Sealy spent 17 years with Umetco Minerals Corp, a subsidiary of Union Carbide, and a large uranium producer in Wyoming, Colorado, and Utah, where he managed all aspects of regulatory compliance and environmental remediation. More recently, he served as Vice President of Environmental and Regulatory Affairs for Energy Metals Corp., a uranium exploration and development company.

Harry Anthony, Chief Operations Officer, said, "The addition of Mr. Sealy to our management team opens new opportunities for the Company. His extensive geotechnical engineering knowledge coupled with his impressive experience in mining operations and reclamation further strengthens the solid foundation of technical expertise in the Company."

About Uranium Energy Corp

Uranium Energy Corp (OTC BB:URME.OB - News) is a US-based junior resource company with the objective of becoming a near-term ISR uranium producer in the United States. The Company is developing its advanced-stage Goliad Project in South Texas, with ISR uranium production projected to begin in 2009. Uranium Energy Corp controls one of the largest historical uranium exploration and development databases in the US. Through the use of these databases, the Company has acquired advanced uranium properties throughout the southwestern US. The operational management is comprised of pre-eminent uranium mining and exploration professionals, whose collective experience in the uranium mining industry gives the Company ongoing uranium mine-finding and uranium mine development expertise. Uranium Energy Corp is well positioned to capitalize on the current alternative energy boom. For more information, please visit www.uraniumenergy.com.

Safe Harbor Statement
This news release contains forward-looking statements within the meaning of Section 27A of the United States Securities Act of 1933, as amended, and Section 21E of the United States Securities and 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. These statements involve risks and uncertainties which could cause actual results to differ materially from those in the forward-looking statements contained herein. Such risks and uncertainties may include, but are 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, the ability to attract and retain skilled personnel and factors outside the control of the Company. 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 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
     Contact North America
     Investor Relations
     (604) 682-9775 or Toll-Free: 1-866-748-1030
     (604) 682-3591 (FAX)
     Email: info@uraniumenergy.com
     Website: http://www.uraniumenergy.com
      
     International Market Trend AG
     Contact Europe
     +41.43.888.67.00
     +41.43.888.67.09 (FAX)   

Source: Uranium Energy Corp
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About Uranium Energy Corp.

URME controls one of the largest historical uranium exploration and development databases in the U.S. Through the use of these databases, URME has acquired advanced uranium properties throughout the southwestern U.S. including Texas, Wyoming, New Mexico, 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, URME 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. 

The operational management is comprised of pre-eminent uranium mining and exploration professionals, whose collective experience in the uranium mining industry gives URME the ongoing uranium mine-finding and uranium mine development expertise. 

To date, URME has successfully acquired property containing 14.1 million pounds of historic uranium resources, with potential targets of 30.5 million pounds in additional resources being identified by the URME databases.

URME's foundation project, located in Goliad County, Texas, has 5.2 million pounds of historic, uranium resources with potential targets of 10 million pounds in additional resources.  Development drilling and ISL mine permitting are ongoing with a view to commencing ISL uranium production in 2009.

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The Uranium Market and URME

The United States has 104 operating nuclear reactors generating more than 100 million megawatts of electricity each year, or approx. 20% of the country’s energy supply. These plants are using approximately 55 million pounds of U3O8 annually to produce this energy.  The U.S. is by far the largest user of uranium in the world.

Uranium is used primarily as an energy source for nuclear fission reactors - a safe, efficient, and emission-free alternative to fossil fuels. The market cycle for uranium had been largely depressed since 1981, but has recently experienced a sharp increase due to macroeconomic factors. 

An estimated supply shortfall of 80 million pounds per year, for several coming years, is forecast by measuring current annual reactor demand and current annual mine production. In addition, new nuclear power plants have been commissioned throughout the world; China, India and Russia alone have permitted the construction of over 75 new reactors. 

In the United States, uranium exploration has become a national initiative. In August 2005, President Bush signed into law the Domenici-Barton Energy Policy Act containing an array of provisions that support nuclear power. This enactment, combined with the growing public recognition that nuclear power plants generate electricity with considerably less greenhouse emission than fossil fuels, places URME in a favorable position for funding and exploring all aspects of uranium development.

As in all mining of metals, there are stages of getting the ore out of the ground. Comparing all the 'players' in the uranium mining business, some are huge companies in full production (generally mining for Gold and Silver as well). The more medium sized companies are generally operating, but usually for less than a year and are considered in a start-up phase of mining. Most of the smaller companies are PLANNING TO DEVELOP OR DEVELOPING their uranium mining operations and this is the category that URME falls into.

Peer competitors of URME include Uranerz Energy, UR-Energy, and Energy Metals. Not surprisingly, as with many SmallCap companies, the difference comes down to people and expertise.  URME has the most complete and experienced management and technical team when comes to building and operating ISL uranium mines in the U.S. and globally.  Add that to the fact that URME currently has the lowest market valuation compared to its immediate peers and its potential as a company and as a stock becomes quite clear.

• Public for less than a year, URME holds major industry trump card: Management includes the ISL experts who earlier built 80% of all current U.S. uranium production facilities now in operation!

• URME is now drilling with four rigs to confirm and expand current 5.2 mm lb historic uranium resource at Goliad, a turn-key project in south Texas. Scoping study for early production commences in two months.

• With 15 properties in six states, controlling 13.4 mm lbs. historic resource – and with significant exploration databases from seven earlier U3O8 explorers/producers – URME is rapidly expanding its resources so production can ramp up quickly.

• The industry was last vital in the mid-70s to early-80s – 20 to 30 years ago. This fact directly highlights a major strategic advantage held by Uranium Energy Corp. This company has successfully brought on seven such professionals, headed by two of the biggest hitters in the North American uranium mining industry: Harry Anthony and Doug Norris. In terms of in-situ leaching, or ISL uranium production, there is no stronger engineering team.

Recent News From URME

Press Release Source: Uranium Energy Corp
Thursday January 25, 9:00 am ET

AUSTIN, TEXAS--(MARKET WIRE)--Jan 25, 2007 -- Uranium Energy Corp (OTC BB:URME.OB - News)(FWB: U6Z)(Berlin:U6Z.BE - News) announces its progress on various aspects of ISR mine permitting and development at its 100%-owned Goliad Uranium Project in south Texas. The Company has completed the Cultural Resource Survey and Assessment, which was an important licensing requirement. The Company has also expedited baseline groundwater studies, which are an integral part of obtaining a mine permit from the Texas Commission on Environmental Quality (TCEQ).

The Cultural Resource Survey and Assessment has concluded that the Goliad Project will not have any impact on cultural resources in the permit area, and that no further work is required on this matter by the Company. The assessment will undergo a review by the Texas Historical Commission.

According to state regulation, all water wells within a one kilometer area around the project site are required to be located and sampled. The Company has now satisfied this requirement. Laboratory analyses from the sampling effort are being processed, and an evaluation of the water quality is being written as part of the mine permit application. The first set of permit area baseline wells is nearing completion. The baseline wells provide geologic, hydrologic and water quality data for the Texas Commission on Environmental Quality (TCEQ) mine permit application.

Mine plan development, process facility design, and waste disposal well location evaluation are also proceeding on schedule. The Company expects work to begin on the baseline radiological, socioeconomic, ecological, and soil assessments in the next few weeks.

About Uranium Energy Corp
Uranium Energy Corp (OTC BB:URME.OB - News) is a US-based junior resource company with the objective of becoming a near-term ISR uranium producer in the United States. The Company is developing its advanced-stage Goliad Project in South Texas, with ISR uranium production projected to begin in 2009. Uranium Energy Corp controls one of the largest historical uranium exploration and development databases in the US. Through the use of these databases, the Company has acquired advanced uranium properties throughout the southwestern US. Operations management is comprised of pre-eminent uranium mining and exploration professionals, whose collective experience in the uranium mining industry gives the Company ongoing uranium mine-finding and uranium mine development expertise. Uranium Energy Corp is well positioned to capitalize on the current alternative energy boom. For more information, please visit www.uraniumenergy.com.

Safe Harbor Statement
This news release contains forward-looking statements within the meaning of Section 27A of the United States Securities Act of 1933, as amended, and Section 21E of the United States Securities and 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. These statements involve risks and uncertainties which could cause actual results to differ materially from those in the forward-looking statements contained herein. Such risks and uncertainties may include, but are 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, the ability to attract and retain skilled personnel and factors outside the control of the Company. 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 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:
     Uranium Energy Corp
     Contact North America
     Investor Relations
     (604) 682-9775 or Toll-Free: 1-866-748-1030
     (604) 682-3591 (FAX)
     Email: info@uraniumenergy.com
     Website: http://www.uraniumenergy.com
 
     International Market Trend AG
     Contact Europe
     +41.43.888.67.00
     +41.43.888.67.09 (FAX)

Press Release Source: Uranium Energy Corp 
Wednesday December 6, 9:00 am ET 

AUSTIN, TEXAS--(MARKET WIRE)--Dec 6, 2006 -- Uranium Energy Corp (OTC BB:URME.OB - News)(FWB: U6Z)(Berlin:U6Z.BE - News) Uranium Energy Corp announces a significant expansion to its uranium exploration and development database, giving the Company increased access to uranium resources throughout the southern United States.

The recent acquisition includes the following data: drilling and logging data from over 1 million feet of uranium exploration and development drilling, resource calculation reports and various other geological reports, drill hole location maps and other strategic mapping. The data was originally compiled from 1972 to 1981 by various exploration companies, and covers over 100 uranium prospects in 15 southern US states.

Uranium Energy Corp's library of uranium exploration and development databases is pre-eminent in the industry and contains over 2.6 million feet of drilling data, on properties in 17 US states. This strategic library provides the Company's technical personnel with the precise locations of where historically drill-indicated uranium resources exist.

To read the complete release and disclaimer, Click Here

Press Release Source: Uranium Energy Corp 
Tuesday November 21, 9:05 am ET 

AUSTIN, TEXAS--(MARKET WIRE)--Nov 21, 2006 -- Uranium Energy Corp (OTC BB:URME.OB - News)(FWB: U6Z)(Berlin:U6Z.BE - News) is pleased to announce the acquisition of 100% of the Nichols Project, with an historic resource of 1.2 million pounds of uranium, located in South Texas.

The Nichols Project consists of 900 acres, and is located within the heart of the historic Karnes County uranium mining district. Karnes County is immediately adjacent to Goliad County, the site of the Company's advanced Goliad Project operations. The property was originally developed by Texaco Uranium (now ChevronTexaco), and reportedly contains an historic resource of 1.2 million pounds of e-U3O8. Uranium Energy Corp is currently negotiating with a third party to acquire all or part of the Texaco exploration and development database associated with this deposit.

To read the complete release and disclaimer, Click Here

Press Release Source: Uranium Energy Corp
Thursday January 4, 9:00 am ET

AUSTIN, TEXAS--(MARKET WIRE)--Jan 4, 2007 -- Uranium Energy Corp (the "Company") (OTC BB:URME.OB - News)(FWB: U6Z)(Berlin:U6Z.BE - News) is pleased to announce that it has recently completed a private placement financing resulting in the issuance of an aggregate 5,400,000 units, at a subscription price of US $2.50 per unit, for total proceeds of US $13,500,000. There were no finders' fees or commissions payable by the Company in connection with this private placement financing.

Each unit is comprised of one common share and one non-transferable share purchase warrant. Each two such warrants entitle the shareholder to purchase an additional common share of the Company until the later of (i) 18 months from the date of issuance of the units and (ii) nine months from the effective date of the Company's proposed registration statement. The exercise price of the warrants is US $3.00 per warrant share.

The Company's President and CEO, Amir Adnani, provided these comments, "Uranium Energy Corp is very pleased to be associated with a dynamic group of new investors who have assisted the Company in raising significant new capital. The Company can aggressively continue with project development, as well as its other scheduled growth initiatives."

To read the complete release and disclaimer, Click Here
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