Uranium Energy Corp Responds to Allegations

Uranium Energy Corp. (NYSEMKT:UEC) reported its response to the recent press release relying on the unfounded allegations of a third party.

As quoted in the press release:

The subject press releases have absolutely no merit and are comprised of unfounded allegations made by a third party whose motives are questionable.  The Company has reviewed the referenced article. The Company’s SEC disclosure is very clear and we will not comment further on the possibility of groundless, frivolous litigation.  UEC is in discussions with counsel with a view to doing whatever is necessary to bring these parties’ motives to light and to seek such legal and equitable relief and any and all damages suffered by the Company and any of its shareholders as a consequence of these unfounded allegations.

Click here to read the full Uranium Energy Corp. (NYSEMKT:UEC) press release.