Uranium Energy (NYSE American: UEC) today reported, in accordance with NYSE American requirements, the filing of the company’s annual report on Form 10-K for the fiscal year ended July 31, 2022, with the U.S. Securities and Exchange Commission. “Fiscal 2022 was a truly transformative year for UEC. We invested close to $420 million in growing our company with two accretive acquisitions, expansion of physical portfolio and development of new ISR production capability,” said Amir Adnani, CEO and president of UEC. “Our balance sheet is debt free with $173.3 million in cash and liquid assets, providing the financial strength to advance projects towards production and support further accretive acquisitions. UEC’s strategic objective is to continue building and growing the company to become a leading supplier of low-cost uranium, a green energy fuel, from proven, politically stable and mining-friendly jurisdictions.”
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About Uranium Energy Corp.
Uranium Energy 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 ISR mining uranium projects in the United States and high-grade conventional projects in Canada. The company has two production-ready ISR hub-and-spoke platforms 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 U.S.-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. For more information about the company, visit www.UraniumEnergy.com.
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