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Uranium Energy Corp Creates America’s Largest Uranium Mining Company with the Acquisition of Uranium One Americas

Uranium Energy Corp Creates America's Largest Uranium Mining Company with the Acquisition of Uranium One Americas

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CORPUS CHRISTI, TX, Nov. 9, 2021 /PRNewswire/ – Uranium Energy Corp. (NYSE American: UEC) (the “Company” or “UEC”) is pleased to announce the Company has entered into a definitive share purchase agreement with Uranium One Investments Inc., a subsidiary of Uranium One Inc. (“Uranium One”), to acquire all the issued and outstanding shares of Uranium One Americas, Inc. (“U1A”) for a total purchase price comprised of $112 million in cash and the replacement (with corresponding payments to the seller) of $19 million in reclamation bonding (the “Acquisition”).  Uranium One is the world’s fourth largest uranium producer and part of Russia’s State Atomic Energy Corporation, Rosatom.

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