URANIUM ENERGY CORP ANNOUNCES THE CLOSING OF $203 MILLION PUBLIC OFFERING

Core Viewpoint - Uranium Energy Corp. has successfully closed a public offering of 15,500,000 shares at a price of $13.15 per share, raising gross proceeds of $203,825,000 to accelerate the development of a new uranium refining and conversion facility in the U.S. [1][2] Group 1: Offering Details - The public offering consisted of 15,500,000 shares priced at $13.15 each, resulting in gross proceeds of $203,825,000 [1] - The underwriter has a 30-day option to purchase an additional 2,325,000 shares [1] - Goldman Sachs & Co. LLC acted as the sole underwriter for the offering [2] Group 2: Use of Proceeds - The net proceeds from the offering will be used to accelerate the development of a state-of-the-art uranium refining and conversion facility through the subsidiary United States Uranium Refining & Conversion Corp. [2] - Additional funds will be allocated for general corporate and working capital purposes [2] Group 3: Company Overview - Uranium Energy Corp. is the largest and fastest-growing supplier of uranium in the U.S., focusing on low-cost, environmentally friendly ISR mining projects [5] - The company operates three ISR hub-and-spoke platforms in South Texas and Wyoming, with licensed Central Processing Plants and a pipeline of satellite ISR projects [5] - The company has diversified uranium holdings, including a significant physical uranium portfolio and a major equity stake in Uranium Royalty Corp. [5] - 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 [5]