Uranium Energy Corp Announces Private Placement

Uranium Energy Corp (AMEX:UEC) reports its private placement.

The press release is quoted as saying:

Under the terms of the Offering the Company is expected to sell up to an aggregate of 8,096,608 Units, at a price of $3.40 per Unit, so that the purchasers will receive an aggregate of up to 8,096,608 shares of common stock and receive Warrants to purchase up to an additional 4,048,304 shares of common stock of the Company which are exercisable for a period of one year from the date of closing and have an exercise price of $3.95 per Warrant share.

Click here to access the entire news release.

Click here to access Uranium Energy Corp.’s company website.