Uranium Energy Corp Announces Results of AGM

NYSE MKT Equities Exchange Symbol - UEC

CORPUS CHRISTI, TX, July 24, 2013 /PRNewswire/ - Uranium Energy Corp (NYSE MKT: UEC, the "Company" or "UEC") is pleased to announce that, in conjunction with the holding of the Company's recent annual general meeting of stockholders on July 24, 2013, the following matters were duly ratified by the Company's stockholders and have now been implemented by the Board of Directors in the following manner:

• Alan P. Lindsay, Amir Adnani, Harry L. Anthony, Ivan Obolensky, Vincent Della Volpe, David Kong and Katharine Armstrong were elected to the Board of Directors of the Company;

• Ernst & Young LLP were appointed as the Company's independent registered accounting firm;

• the Company's 2013 Stock Incentive Plan was approved; and

• the following Executive Officers of the Company were re-appointed by the Board of Directors of the Company immediately following the AGM:

About Uranium Energy Corp

Uranium Energy Corp is a U.S.-based uranium production, development and exploration company operating North America's newest emerging uranium mine.  The Company's fully licensed and permitted Hobson processing facility is central to all of its projects in South Texas, including the Palangana in-situ recovery project, which is ramping up initial production, and the Goliad in-situ recovery project which is now fully permitted and under construction.  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.

Stock Exchange Information:
NYSE MKT: UEC.
Frankfurt Stock Exchange Symbol: U6Z
WKN: AØJDRR
ISN: US916896103

Safe Harbor Statement

Certain information contained in this news release constitutes "forward-looking statements" as such term is used in applicable United States and Canadian laws.  Generally, these forward-looking statements can be identified by the use of forward-looking terminology such as "expects" or "does not expect", "is expected", "anticipates" or "does not anticipate", "plans", "estimates", "intends" or "believes", or that certain actions, events or results "may", "could", "would", "might" or "will be taken", "occur", or "be achieved".

Forward-looking statements are based on the opinions and estimates of management as of the date such statements are made, and are subject to known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of UEC to be materially different from those expressed or implied by such forward-looking statements.  Many of these factors are beyond UEC's ability to control or predict.  Important factors that may cause actual results to differ materially and that could impact UEC and the statements contained in this news release can be found in UEC's filings with the SEC.  Such risks and other factors include, among others, variations in the underlying assumptions associated with the estimation or realization of mineralization, the availability of financing on acceptable terms, accidents, labor disputes, acts of God and other risks of the mining industry including, without limitation, risk of liability under environmental protection legislation, delays in obtaining governmental approvals or permits, title disputes or claims limitations on insurance coverage.  UEC believes that the expectations reflected in the forward-looking statements included in this news release are reasonable; however, no assurance can be given that these expectations will prove to be correct, and such forward-looking statements should not be unduly relied upon.

For forward-looking statements in this news release, UEC claims the protection of the safe harbor for forward-looking statements contained in the Private Securities Litigation Reform Act of 1995.  UEC assumes no obligation to update or supplement any forward-looking statements whether as a result of new information, future events or otherwise. 

Contact Uranium Energy Corp Investor Relations at: 
Toll Free: (866) 748-1030
Fax: (361) 888-5041 
E-mail: [email protected]

SOURCE Uranium Energy Corp

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