URANIUM ENERGY CORP ANNOUNCES LAUNCH OF PUBLIC OFFERING

Core Points - Uranium Energy Corp. (UEC) has announced a public offering of 15,500,000 shares of its common stock, with an option for the underwriter to purchase an additional 2,325,000 shares [1] - The net proceeds from the offering will be used to accelerate the development of a new uranium refining and conversion facility through its subsidiary, United States Uranium Refining & Conversion Corp. (UR&C), as well as for general corporate and working capital purposes [1] - Goldman Sachs & Co. LLC is acting as the sole underwriter for the offering [1] Company Overview - Uranium Energy Corp. is the largest and fastest-growing supplier of uranium in the United States, focusing on low-cost, environmentally friendly in-situ recovery (ISR) mining projects and high-grade conventional projects in Canada [4] - The company operates three ISR hub-and-spoke platforms in South Texas and Wyoming, supported by licensed Central Processing Plants and a pipeline of satellite ISR projects [4] - UEC has diversified uranium holdings, including a significant physical uranium portfolio, an equity stake in Uranium Royalty Corp., and a pipeline of resource-stage uranium projects [4] - The UR&C initiative aims to position UEC as the only vertically integrated U.S. uranium company with mining, processing, and planned refining and conversion capabilities [4]