DGAP-News: Uranium Energy Corp Announces Key Appointments and a Change to the
Board of Directors
DGAP-News: Uranium Energy Corp. / Key word(s): Change of Personnel
Uranium Energy Corp Announces Key Appointments and a Change to the
Board of Directors
27.09.2013 / 14:30
Uranium Energy Corp Announces Key Appointments and a Change to the Board of
September 27, 2013, Corpus Christi, Texas - Uranium Energy Corp (NYSE MKT:
UEC, 'the Company' or 'UEC') is pleased to announce several appointments
and a change to the Board of Directors.
Harry Anthony, previously Chief Operating Officer and a director, is
assuming the position of Senior Advisor to the Company. Mr. Anthony will
continue in an exclusive capacity guiding the development of new in-situ
recovery facilities for the Company. Mr. Anthony, age 67, will step down
from the Company's board of directors.
Robert Underdown, previously Vice President of Production, is appointed to
the new title and responsibilities of Vice President of Production &
Operations. Additionally, Andy Kurrus, previously Chief Geologist and
Texas Exploration Manager, has been appointed Vice President of Resource
Development. The Company has also recently added Ronald Dildine to serve as
Regulatory Coordinator. The bios of these key personnel follow below.
Amir Adnani, President and CEO, stated, 'We enthusiastically welcome all
four key personnel to their new titles and responsibilities with the
Company. Harry Anthony has been an integral part of the team as UEC grew
from a small private exploration company into an emerging uranium producer
in the U.S. He will continue to play a vital role advising the production
'Bob Underdown, now Vice President of Production & Operations, has managed
several ISR mines in South Texas and has played a key role in establishing
the Company as a uranium producer. Andy Kurrus, now Vice President of
Resource Development, has made a number of uranium discoveries in South
Texas including our recently announced Burke Hollow Project. All of these
appointments strengthen UEC and provide the Company with the expertise and
energy to increase in-ground resources, advance permitting on multiple
fronts and build-out our low-cost hub-and-spoke production strategy.'
Harry Anthony added, 'Uranium Energy Corp has positioned itself to become a
major uranium producer in the U.S. I'm very pleased with the operational
staff at UEC and feel confident that our team has the ability to further
advance our projects towards greater production.'
Robert Underdown, BSc, Vice President of Production & Operations
Mr. Underdown has been instrumental in bringing the Hobson processing
facility and Palangana project through to production. He has held senior
operational positions at ISR uranium mines in Texas since 1978, and has
extensive experience designing, managing and reclaiming ISR uranium mines.
Throughout his career, Mr. Underdown has worked with the regulatory
agencies in Texas specifically pertaining to ISR uranium production, and
this includes the responsibilities of managing hundreds of mine personnel
and looking after their safety and that of the environment.
Andrew Kurrus, BSc, MSc, Vice President of Resource Development
Mr. Kurrus is a professional geologist specializing in the discovery of
economic uranium deposits in South Texas. Mr. Kurrus has an impressive
35-year career in South Texas beginning with Intercontinental Energy Corp
in 1978, followed by other notable uranium mining companies: Pioneer
Nuclear, Tenneco, Malapai, Total, and Cogema. While at Cogema Mining (now
Areva), and most recently at Mesteña Uranium LLC (owner of the operating
Alta Mesa ISR uranium mine), he discovered previously unknown ore body
extensions at existing ISR operations that contributed significantly to the
economics of those projects.
Ronald Dildine, BSc, Regulatory Coordinator
Mr. Dildine is a professional hydrogeologist with seven years of field and
regulatory experience. He has most recently served with the Texas
Commission on Environmental Quality for more than five years as an
Environmental Permit Specialist. He earlier served with the U.S. Geological
Survey as a Hydrologic Technician.
About Uranium Energy Corp
Uranium Energy Corp is a U.S.-based uranium production, development and
exploration company. The Company's fully licensed and permitted Hobson
processing facility is central to all of its projects in South Texas,
including the Palangana in-situ recovery project and the Goliad in-situ
recovery project which is now fully permitted and under construction. The
Company's operations are managed by professionals with a recognized profile
for excellence in their industry, a profile based on many decades of
hands-on experience in the key facets of uranium exploration, development
Contact Uranium Energy Corp Investor Relations at:
Toll Free: (866) 748-1030
Fax: (361) 888-5041
Stock Exchange Information:
NYSE MKT: UEC
Frankfurt Stock Exchange Symbol: U6Z
Safe Harbor Statement
Certain information contained in this news release constitutes
'forward-looking statements' as such term is used in applicable United
States and Canadian laws. Generally, these forward-looking statements can
be identified by the use of forward-looking terminology such as 'expects'
or 'does not expect', 'is expected', 'anticipates' or 'does not
anticipate', 'plans', 'estimates', 'intends' or 'believes', or that certain
actions, events or results 'may', 'could', 'would', 'might' or 'will be
taken', 'occur', or 'be achieved'.
Forward-looking statements are based on the opinions and estimates of
management as of the date such statements are made, and are subject to
known and unknown risks, uncertainties and other factors that may cause the
actual results, performance or achievements of UEC to be materially
different from those expressed or implied by such forward-looking
statements. Many of these factors are beyond UEC's ability to control or
predict. Important factors that may cause actual results to differ
materially and that could impact UEC and the statements contained in this
news release can be found in UEC's filings with the SEC. Such risks and
other factors include, among others, variations in the underlying
assumptions associated with the estimation or realization of
mineralization, the availability of financing on acceptable terms,
accidents, labor disputes, acts of God and other risks of the mining
industry including, without limitation, risk of liability under
environmental protection legislation, delays in obtaining governmental
approvals or permits, title disputes or claims limitations on insurance
coverage. UEC believes that the expectations reflected in the
forward-looking statements included in this news release are reasonable;
however, no assurance can be given that these expectations will prove to be
correct, and such forward-looking statements should not be unduly relied
For forward-looking statements in this news release, UEC claims the
protection of the safe harbor for forward-looking statements contained in
the Private Securities Litigation Reform Act of 1995. UEC assumes no
obligation to update or supplement any forward-looking statements whether
as a result of new information, future events or otherwise.
End of Corporate News
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