CORPUS
CHRISTI, Texas, March 14,
2023 /CNW/ - Uranium Energy Corp (NYSE
American: UEC) (the "Company" or "UEC") is pleased to
announce the completion of its inaugural Sustainability Report (the
"Report"). The Report, which includes the Company's achievements
for Fiscal 2022 and plans for Fiscal 2023, is available on the
Company website
at https://www.uraniumenergy.com/sustainability/ and has
been filed with the SEC through EDGAR on Form 8-K.
!["UEC Powering the Clean Energy Future" www.uraniumenergy.com/sustainability (CNW Group/Uranium Energy Corp) "UEC Powering the Clean Energy Future" www.uraniumenergy.com/sustainability (CNW Group/Uranium Energy Corp)](https://mma.prnewswire.com/media/2032193/Uranium_Energy_Corp_Uranium_Energy_Corp_Announces_Inaugural_Sust.jpg)
Amir Adnani, CEO and President
stated: "This inaugural Sustainability Report demonstrates our
ongoing commitment to the environment, our people, the communities
we work in and our high corporate governance standards. Our
Environmental, Social and Governance program, launched in 2021,
formalizes and builds upon the strong environmental, health and
safety record the Company prides itself on. 2022 was a remarkable
growth year for UEC as we invested over half billion dollars by
making three highly accretive acquisitions, including Uranium One
Americas, Inc., UEX Corporation and Rio Tinto's world-class
Roughrider Project."
Mr. Adnani continued: "We are particularly pleased with the
progress made on measuring our scope 1 and 2 emissions in
Texas and achieving carbon neutral
status at our Hobson Central Processing Plant. Additionally, our
Wyoming reclamation program made
great progress that is now in the final regulatory stages of
returning 68 acres of in situ-recovery wellfield property to its
landowner. Reclamation is an important part of the uranium project
lifecycle, ensuring the restoration of affected nature and
biodiversity at our project sites."
Mr. Adnani concluded: "Sustainability, accountability, and good
stewardship have been central to the way we do business since the
Company's founding 18 years ago and will be a foundational value
system to support our future ambitions. UEC is powering the clean
energy future as a leading supplier of low-cost,
environmentally-friendly uranium for the nuclear industry from
proven, politically stable resource jurisdictions."
About Uranium Energy
Corp
Uranium Energy Corp 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") uranium projects in the United States and high-grade conventional
projects in Canada. The Company
has two production-ready ISR hub and spoke platforms located in
South Texas and Wyoming. These two production 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
North American warehoused U3O8; (2) a major equity stake in Uranium
Royalty Corp., the only royalty company in the sector; and (3) a
Western Hemisphere 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.
Stock Exchange Information:
NYSE American: UEC
Frankfurt Stock Exchange Symbol: U6Z
WKN: AØJDRR
ISN: US916896103
Safe Harbor Statement
Except for the statements of historical fact contained herein,
the information presented in this news release constitutes
"forward-looking statements" as such term is used in applicable
United States and Canadian
securities laws. These statements relate to analyses and other
information that are based on forecasts of future results,
estimates of amounts not yet determinable and assumptions of
management. Any other statements that express or involve
discussions with respect to predictions, expectations, beliefs,
plans, projections, objectives, assumptions or future events or
performance (often, but not always, using words or phrases such as
"expects" or "does not expect", "is expected", "anticipates" or
"does not anticipate", "plans, "estimates" or "intends", or stating
that certain actions, events or results "may", "could", "would",
"might" or "will" be taken, occur or be achieved) are not
statements of historical fact and should be viewed as
"forward-looking statements". Such forward looking statements
involve known and unknown risks, uncertainties and other factors
which may cause the actual results, performance or achievements of
the Company to be materially different from any future results,
performance or achievements expressed or implied by such
forward-looking statements. Such risks and other factors include,
among others, the actual results of exploration activities,
variations in the underlying assumptions associated with the
estimation or realization of mineral resources, the availability of
capital to fund programs and the resulting dilution caused by the
raising of capital through the sale of shares, accidents, labor
disputes and other risks of the mining industry including, without
limitation, those associated with the environment, delays in
obtaining governmental approvals, permits or financing or in the
completion of development or construction activities, title
disputes or claims limitations on insurance coverage. Although the
Company has attempted to identify important factors that could
cause actual actions, events or results to differ materially from
those described in forward-looking statements, there may be other
factors that cause actions, events or results not to be as
anticipated, estimated or intended. Many of these factors are
beyond the Company's ability to control or predict. There can be no
assurance that such statements will prove to be accurate as actual
results and future events could differ materially from those
anticipated in such statements. Accordingly, readers should not
place undue reliance on forward-looking statements contained in
this news release and in any document referred to in this news
release. Important factors that may cause actual results to differ
materially and that could impact the Company and the statements
contained in this news release can be found in the Company's
filings with the Securities and Exchange Commission. For
forward-looking statements in this news release, the Company claims
the protection of the safe harbor for forward-looking statements
contained in the Private Securities Litigation Reform Act of 1995.
The Company assumes no obligation to update or supplement any
forward-looking statements whether as a result of new information,
future events or otherwise. This news release shall not constitute
an offer to sell or the solicitation of an offer to buy
securities.
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SOURCE Uranium Energy Corp