Uranium Energy Corp Announces Key Appointments and a Change to the Board of Directors

 Uranium Energy Corp Announces Key Appointments and a Change to the Board of

PR Newswire

CORPUS CHRISTI, TX, Sept. 27, 2013

CORPUS CHRISTI, TX, Sept. 27, 2013  /PRNewswire/ -  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 operations team.

"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  inTexas  since  1978,  and  has  extensive 
experience designing, managing and  reclaiming ISR uranium mines.  Throughout 
his  career,  Mr.   Underdown  has   worked  with   the  regulatory   agencies 
inTexasspecifically 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 Corpin  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 

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 and mining.

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 upon.

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.

Contact Uranium Energy Corp Investor Relations at:
Toll Free:(866) 748-1030
Fax:(361) 888-5041

Stock Exchange Information:
Frankfurt Stock Exchange Symbol:U6Z

SOURCE Uranium Energy Corp


Contact Uranium Energy Corp Investor Relations at:
Toll Free:(866) 748-1030
Fax:(361) 888-5041

Stock Exchange Information:
Frankfurt Stock Exchange Symbol:U6Z
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