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Uranium Energy Generates $3.08 Million in Cash from Sale of Uranium Inventory
Jun. 09, 2015 02:00PM PST
Company NewsUranium Energy Corp. (NYSEMKT:UEC) announced that it has received $3.08 million in cash proceeds from the sale of uranium inventory.
Uranium Energy Corp. (NYSEMKT:UEC) announced that it has received $3.08 million in cash proceeds from the sale of uranium inventory.
As quoted in the press release:
This sale was completed subsequent to the Company’s fiscal third quarter ended April 30, 2015, and will be reported in the Company’s year-end results for the fiscal year ending July 31, 2015. The sale price of $38.50/lb. is 8.5% higher than the current spot price.
Click here to read the full Uranium Energy Corp. (NYSEMKT:UEC) press release.
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