Uranerz Sells First Uranium from Nichols Ranch ISR Project

Uranerz Energy Corp. (TSX:URZ,NYSEMKT:URZ) announced the first sale of uranium from its Wyoming-based Nichols Ranch ISR uranium project.

As quoted in the press release:

The Company has sold 75,000 pounds which is a portion of the deliveries Uranerz is expecting to make this year pursuant to long-term contracts it has with its nuclear utility customers.

Paul Goranson, president and COO of Uranerz, commented:

This has been a very exciting year thus far. Uranerz has completed construction and development of its Nichols Ranch production facility and initial wellfields, started production of uranium, and has now made its first sale of product. We are very pleased to be an active participant in providing domestically produced uranium to U.S. nuclear utilities to fuel their electrical generating stations.

Click here to read the full Uranerz Energy Corp. (TSX:URZ,NYSEMKT:URZ) press release.