NYSE American: UEC
CORPUS
CHRISTI, Texas, May 18, 2023
/CNW/ - Uranium Energy Corp (NYSE American: UEC) (the
"Company" or "UEC") is pleased to announce the appointment of
James Hatley as UEC's Vice President
Production, Canada.
Amir Adnani, President and CEO,
announced: "We are pleased to welcome James Hatley to our production team to develop
our Canadian assets including the Roughrider Project which is an
exciting catalyst for UEC in Eastern
Athabasca and anchors our Canadian high-grade conventional
pipeline."
James Hatley has 25-years of
mining experience including uranium and base metals mine
development, construction, and operations. Most recently he
led the construction of three mines at one of Canada's largest mining projects, the Voisey's
Bay Mine Expansion for Vale.
Prior to Vale, James was the senior VP of Project Development at
NexGen Energy and consulted overseas for Saudi Aramco.
James spent over 13 years with Cameco Corporation, including key
leadership roles as project director and superintendent for the
McArthur River Expansion, Millennium Project, chief mine engineer
at McArthur River, and technical and project management for the
Cigar Lake Project. The development of McArthur River and
Cigar Lake produced the world's top two highest grade, highest
producing, and lowest quartile cost uranium assets which required
specialized knowledge and technical approaches.
Mr. Hatley is a Professional Engineer (P.Eng.), Project Management Professional (PMP)
and holds a Master of Business Administration from Athabasca University. James was a board member
of the Saskatchewan Mining Association for three terms and in 2017
received a Canadian Institute of Mining and Metallurgy Fellowship
for "over 20 Years of Technical Leadership".
James Hatley, VP Production,
Canada, stated: "I am delighted
to join UEC and spearhead the development of the Canadian project
pipeline into operations. Through UEC's portfolio of high
grade assets, we are poised to become the next uranium producer in
the Athabasca Basin. The 100% owned Roughrider Project
(1) will have a pivotal role in the Athabasca Basin with respect to potential
production and timing to UEC, our stakeholders, and the Canadian
uranium industry. Specifically, the tier one work by prior
owner Rio Tinto in advancing the project design, community
engagement, environmental assessment, and past regulatory
submissions(2) provide a solid foundation for future
advancement."
(1) Item
1302 of SEC Regulation SK-1300 Technical Resource Summary Report
(the "TRS") prepared in accordance with S-K 1300 and was filed on
May 2, 2023 with the Securities and Exchange Commission ("SEC")
through EDGAR on Form 8-K and is also available on SEDAR as a
"Material Document" filed on May 2, 2023. The TRS was prepared on
behalf of the Company by SRK Consulting (UK) Ltd.
|
(2) Rio
Tinto – Roughrider Advanced Exploration Program, 2013-2014,
https://publications.saskatchewan.ca/#/categories/115
|
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") 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 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.
Twitter: @UraniumEnergy
Stock Exchange Information:
NYSE American: UEC
Frankfurt Stock Exchange Symbol: U6Z
WKN: AØJDRR
ISN: US916896103
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the information presented in this news release constitutes
"forward-looking statements" as such term is used in applicable
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securities laws. These statements relate to analyses and other
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"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 SEC. 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, except as
required by law. 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