Uranium Energy Corp

Uranium Energy Corp

October 01, 2007 09:01 ET

Retransmission: Uranium Energy Corp Approved for Listing on the American Stock Exchange

Company's Shares Begin Trading on the American Stock Exchange with the New Ticker Symbol "UEC"

AUSTIN, TEXAS--(Marketwire - Oct. 1, 2007) - Uranium Energy Corp (AMEX:UEC)(FRANKFURT:U6Z)(BERLIN:U6Z) is pleased to announce that its common shares have been approved for listing on the American Stock Exchange (AMEX).

The Company's shares are anticipated to begin trading on AMEX on Friday September 28, 2007, under the ticker symbol "UEC". The Company's AMEX trading specialist will be Kellogg Capital Group LLC.

This approval is contingent upon the Company being in compliance with all applicable listing standards on the date it begins trading on the Exchange, and may be rescinded if the Company is not in compliance with such standards.

"We are pleased to welcome Uranium Energy Corp to the American Stock Exchange," said John McGonegal, Senior Vice President of the Amex Equities Group. "We hope it will benefit from the array of support we provide our listed companies."

Uranium Energy Corp CEO, Amir Adnani, comments, "This listing on the American Stock Exchange represents an important milestone in the Company's corporate development, as we seek to grow our business, and create value for our shareholders. We expect this listing will bring increased access to our shares for the US investment community, where there is a significant demand for companies that are advancing US uranium projects."

About American Stock Exchange

The American Stock Exchange® (Amex®) is the only primary exchange that offers trading across a full range of equities, options and exchange traded funds (ETFs), including structured products and HOLDRSSM. In addition to its role as a national equities market, the Amex is the pioneer of the ETF, responsible for bringing the first domestic product to market in 1993. Leading the industry in ETF listings, the Amex lists 267 ETFs to date. The Amex is also one of the largest options exchanges in the U.S., trading options on broad-based and sector indexes as well as domestic and foreign stocks.

About Uranium Energy Corp

Uranium Energy Corp (AMEX:UEC) is a US-based junior resource company with the objective of becoming a near-term ISR uranium producer in the United States. The Company controls one of the largest historical uranium exploration and development databases in the US. Through the use of these databases, the Company has acquired advanced uranium properties throughout the southwestern US. The operational management is comprised of pre-eminent uranium mining and exploration professionals, whose collective experience in the uranium mining industry gives the Company ongoing uranium mine-finding and uranium mine development expertise. Uranium Energy Corp is well positioned to capitalize on the current alternative energy boom. For more information, please visit www.uraniumenergy.com.

Safe Harbor Statement

This news release contains forward-looking statements within the meaning of Section 27A of the United States Securities Act of 1933, as amended, and Section 21E of the United States Securities and Exchange Act of 1934, as amended. Statements in this news release, which are not purely historical, are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future. These statements involve risks and uncertainties which could cause actual results to differ materially from those in the forward-looking statements contained herein. Such risks and uncertainties may include, but are not limited to, the impact of competitive products, the ability to meet customer demand, the ability to manage growth, acquisitions of technology, equipment or human resources, the effect of economic and business conditions, the ability to attract and retain skilled personnel and factors outside the control of the Company. These forward-looking statements are made as of the date of this news release, and the Company assumes no obligation to update the forward-looking statements or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although the Company believes that the beliefs, plans, expectations and intentions contained in this news release are reasonable, there can be no assurance those beliefs, plans, expectations or intentions will prove to be accurate. Investors should consider all of the information set forth herein and should also refer to the risk factors disclosed in the Company's periodic reports filed from time-to-time with the United States Securities and Exchange Commission. This news release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of these securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction.

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