NYSE MKT Equities Exchange Symbol - UEC
CORPUS CHRISTI, TX, Sept. 8, 2014 /CNW/ - Uranium Energy Corp ("UEC" or the "Company") is pleased to announce the
appointment of Scott Melbye as Executive Vice President effective
immediately.
Scott is a 30-year veteran of the nuclear energy industry having held
leadership positions in major uranium mining companies as well as
industry-wide organizations. Through to June 2014, Scott was Executive
Vice President, Marketing, for Uranium One, responsible for global
uranium sales activities.
Prior to this, Scott spent 22 years with the Cameco Group of companies,
both in the Saskatoon head office and with their U.S. subsidiaries. He
had last served as President of Cameco Inc., the subsidiary responsible
for marketing and trading activities with annual sales exceeding 30
million pounds U3O8.
Scott is currently the Chair of the Board of Governors of the World
Nuclear Fuel Market ("WNFM"), President of the Uranium Producers of
America ("UPA") and VP-Commercial for Uranium Participation Corporation
("UPC").
"UEC has the people, the assets and the ambition to expand in the United
States and on a global scale as a producer of uranium, which is further
demonstrated by our ability to attract a person of Scott's caliber.
Scott is highly experienced and passionately promotes the growth of the
nuclear fuel cycle to meet the world's ever-growing needs for clean,
affordable and reliable energy," stated Amir Adnani, President and CEO.
"His current roles with UPC, UPA and WNFM will keep him actively
engaged in the nuclear fuel market, creating excellent synergies for
UEC."
"I am very excited to join UEC's team," said Mr. Melbye. "The last few
years have provided for opportunities within our industry that have not
existed before, and I look forward to contributing to UEC's growth on
its way to becoming a major uranium producer."
About Uranium Energy Corp
Uranium Energy Corp is a U.S.-based uranium mining and exploration
company. The Company's fully licensed Hobson processing facility is
central to all of its projects in South Texas, including the operating
Palangana in-situ recovery (ISR) mine, the permitted Goliad ISR project
and the development-stage Burke Hollow ISR project. Additionally, the
Company controls a pipeline of advanced-stage projects in Arizona,
Colorado and Paraguay. The Company's operations are managed by
professionals with a recognized profile for excellence in their
industry, a profile based on many decades of hands-on experience in the
key facets of uranium exploration, development and mining.
Stock Exchange Information:
NYSE MKT: 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 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. 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.
Certain matters discussed in this news release and oral statements made
from time to time by representatives of the Company may constitute
forward-looking statements within the meaning of the Private Securities
Litigation Reform Act of 1995 and the Federal securities laws. Although
the Company believes that the expectations reflected in such
forward-looking statements are based upon reasonable assumptions, it
can give no assurance that its expectations will be achieved.
Forward-looking information is subject to certain risks, trends and
uncertainties that could cause actual results to differ materially from
those projected. Many of these factors are beyond the Company's ability
to control or predict. 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. This press release shall not constitute an offer to sell or
the solicitation of an offer to buy securities.
Contact Uranium Energy Corp Investor Relations at:
Toll Free: (866) 748-1030
Fax: (361) 888-5041
E-mail: info@uraniumenergy.com
SOURCE Uranium Energy Corp