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UEC Comments on the Presidential Memoranda Issued on Uranium and Establishment of the U.S. Nuclear Fuel Working Group

ID: 1550714
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(PresseBox) - Uranium Energy Corp (NYSE American: UEC, the ?Company? or ?UEC? - ) is pleased to provide comments on President Trump?s ?Memorandum on the Effect of Uranium Imports on National Security? which was issued after the market close on July 12, 2019.

UEC Chairman and former U.S. Energy Secretary, Spencer Abraham commented: ?The Trump Administration is to be commended for elevating the topic of U.S. uranium mining to the top of our national security and energy security agenda. At a time when we have bi-partisan support for the clean, baseload energy that nuclear power provides, it is crucial that the domestic supply chain is available for over 50% of our nation?s carbon free electricity generation. We will certainly make ourselves available to assist the newly formed U.S. Nuclear Fuel Working Group in any way possible.?

President and CEO, Amir Adnani stated: ?The White House released the complete, much-anticipated decision late Friday evening.or reviving and expanding domestic nuclear fuel production, including uranium mining, and to submit their findings within 90 days.?

Adnani continued: ?Ultimately, we remain even more positive and excited about the improving fundamentals in the uranium market, with a growing global deficit between primary production and reactor requirements.

President Trump issued the Memorandum in response to the U.S. Department of Commerce Section 232 investigation of the U.S. nuclear fuel industry.

To access the full Presidential Memoranda, please visit the following link from the White House website:

About Uranium Energy Corp

Uranium Energy Corp is a U.S.-based uranium mining and exploration company.ations 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.

Contact Uranium Energy Corp Investor Relations at:

Toll Free: (866) 748-1030

Fax: (361) 888-5041

E-mail: info(at)

Twitter: (at)UraniumEnergy

Stock Exchange Information:

NYSE American: UEC

+Frankfurt Stock Exchange Symbol: U6Z


ISN: US916896103

Safe Harbor Statement

Except for the statements of historical fact contained herein, the information presented in this letter constitutes ?forward-looking statements? as such term is used in applicable United States and Canadian 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 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. 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. 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.nstitute an offer to sell or the solicitation of an offer to buy securities.

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Date: 07/15/2019 - 14:26
Language: English
News-ID 1550714
Character count: 8048
Firma: Swiss Resource Capital AG
Ansprechpartner: Feedback to about Pressrelease-id:
Stadt: Corpus Christi, TX


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