NYSE American – UEC
CORPUS
CHRISTI, Texas, Aug. 9, 2024
/CNW/ - Uranium Energy Corp (NYSE American: UEC)
or (the "Company") announced today that Josephine Man has joined the Company and will be
succeeding Pat Obara as Treasurer
and Chief Financial Officer, effective October 1, 2024.
Mr. Obara, who joined the Company in 2006, will be stepping down
from his current role as Chief Financial Officer on October 1, 2024 after the filing of the Company's
Annual Report on Form 10-K for the current fiscal year and will
continue with the Company as Senior Vice-President,
Administration.
Amir Adnani, Chief Executive
Officer and President, stated: "On behalf of the board of directors
and the entire Uranium Energy team, I would like to thank Pat for
his leadership that has helped build Uranium Energy to where it is
today. Throughout, he has demonstrated a level of steadfast
dedication to the Company and its shareholders. Joining the Company
shortly after its inception, Pat has had a tremendous impact on the
Company, with his tireless work and financial stewardship leaving
an enduring legacy that is embedded in our corporate identity. It
has been nothing but an honor to work with Pat over the last 18
years and I look forward to continuing to work with him in his new
role."
Mr. Adnani continued: "We look forward to working with Josephine
as she transitions into her role at the Company. Her strong
financial background and experience will be invaluable as we seek
to ramp up our operations and move into commercial production."
Mr. Obara stated: "I am proud of Uranium Energy's
accomplishments and am looking forward to continuing in my new role
at the end of this transition, including working with Josephine and
the entire Uranium Energy team as it prepares to restart production
at Christensen Ranch."
Ms. Man brings a wealth of experience in financial reporting,
corporate finance, mergers and acquisitions, and risk management.
Ms. Man serves as CFO of Uranium Royalty Corp. (NASDAQ: UROY, TSX:
URC), where she is responsible for leading all finance functions
and risk management. Previously, between 2020 and 2022, she
was CFO of Gold Royalty Corp. (NYSE American: GROY), a
precious metals-focused royalty and streaming company, where she
was central to its initial public offering and the acquisition of
three Canadian listed companies, amongst other achievements. Ms.
Man has over 28 years of experience as a finance professional and
was previously a partner with Ernst & Young LLP.
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
ISR uranium projects in the United
States and high-grade conventional projects in Canada. The Company has two production-ready
ISR hub and spoke platforms located 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
North American 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.
Stock Exchange Information:
NYSE American: UEC
Frankfurt Stock Exchange Symbol: U6Z
WKN: AØJDRR
ISN: US916896103
Safe Harbor Statement
Except for the statements of historical fact contained herein,
the information presented in this news release constitutes
"forward-looking statements" as such term is used in applicable
United States and Canadian
securities 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 (often, but not always, using words or phrases such as
"expects" or "does not expect", "is expected", "anticipates" or
"does not anticipate", "plans, "estimates" or "intends", or stating
that certain actions, events or results "may", "could", "would",
"might" or "will" be taken, occur or be achieved) 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. 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 Securities and Exchange Commission. 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.
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SOURCE Uranium Energy Corp