The Green Baron Report

Friday, April 23, 2010 – Before Market Open

“Trading Alert” Update

Uranium Energy Corp.

(NYSE-AMEX: UEC - $3.11 per share)

www.UraniumEnergy.com

Six Qualified Analysts Anticipate Higher Prices for UEC in the Near-Term; Rodman & Renshaw Calling for more than a Double in Price in the Next Few Months

Reuters Interview – US Uranium Developer UEC Sees Price Uptrend

https://research.tdwaterhouse.ca/research/...

Recent News: Uranium Energy Corp. Completes Sale of Interest in Cebolleta Uranium Project in New Mexico for $11 Million

http://www.uraniumenergy.com/investor...

Uranium Energy Corp. (NYSE: AMEX: UEC) was our very first Green Baron “Trading Alert” issued on back on June 24, 2009 at $2.27 per share. Within three days of this release, UEC rallied to hit $3.45 per share, a move of nearly 52%. UEC continued to perform fantastic last year and hit a year high of $4.16 per share. After our most recent “Trading Alert” Update on Monday, March 29 at $3.31, UEC rallied to 3.55 within seven trading days.

Now, Uranium Energy stock appears to be at a fantastic level for purchase, and we are alerting members now that UEC is at another tradable point of accumulation in this “Trading Alert” Update. Be sure to take a serious look at UEC now as this appears to be yet another point where members can make money. UEC tends to rally within days after our alerts on the stock, and we believe it will yet again.

Updated Fact Sheet on Uranium Energy Corp.

To Investors:

In this brief memo, we’d like to tell you why Uranium Energy Corp (NYSE-AMEX: UEC) is covered by six qualified energy analysts, and why all six analysts anticipate higher prices for this stock in the near-term. This includes Rodman & Renshaw, which is calling for more than a doubling of the stock in the next few months.

We are also proud to report to you that Forbes magazine, in its current April 12 issue, has a feature article on the Company. The title of the article is "Energy & Genius, Homegrown Fuel." Please read it by clicking here.

Here’s why UEC is in the news and why it’s recommended by leading energy analysts:

A major opportunity is developing in the uranium market for companies that can produce quantities of uranium safely and securely.

Of all publicly listed companies in North America, UEC is in the strongest position to become the next major producer of uranium.

Importantly, of all uranium development companies in North America, UEC is the only one with its own processing facility, the fully licensed Hobson plant in South Texas. This advantage vaults this company into the forefront of the next generation of uranium producers.

To view entire updated UEC fact sheet, be sure to go to: http://www.rigneygraphics.com/clients/ics/NRI_UEC0410/

About Uranium Energy Corp.

Uranium Energy Corp (NYSE-AMEX: UEC) is a U.S.-based exploration and development company with the objective of near-term uranium production in the U.S. The Company's fully licensed and permitted Hobson processing facility is central to all of its projects in South Texas, including Palangana, and the Goliad in-situ recovery uranium project which is in the final stages of mine permitting for production. 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. The Company is well financed to execute on its key programs.

To get the full story, and to keep current on this rapidly emerging situation, click through here to the website, www.uraniumenergy.com, and register to receive breaking news or call the company directly at 1-866-748-1030.

Contact North America: Investor Relations, Uranium Energy Corp:
Toll Free: (866) 748-1030
Fax: (361) 888-5041
E-mail: info@uraniumenergy.com

Stock Exchange Information:
NYSE-AMEX: UEC
Frankfurt Stock Exchange Symbol: U6Z
WKN: AØJDRR
ISN: US91689610

Lake Group Media UEC Disclaimer

DEFINITION: Green Baron “Trading Alert”

"Trading Alert" – A stock introduced to our members supported by research provided by a respected third party. These are companies that we believe are worthy of investment, and we expect a big move up particularly in the extreme short-term. These stocks have not been thoroughly researched by Green Baron staff, and therefore are not supported by a more in-depth profile. Under the sub-section “Trading Alerts” on our website and our reports, we will provide a link to the independent research or BUY recommendation, a short description of the Company, and in some cases, we will conduct a Green Baron audio-taped webcast interview to allow a key person discuss the merits of the Company.

Compensation and Other Disclosures
The content of this message is published by Uranium Energy Corp. and sent to select email lists through Lake Group Media, Inc. ("Lake") to provide readers with information on selected publicly traded companies. Factual information is obtained from public filings and other sources deemed to be reliable; however, neither Uranium Energy Corp. nor Lake takes responsibility for verifying the accuracy of such information and they make no representation that such information is accurate or complete. Certain of the statements in this Update may be considered forwarded looking statements. Uranium Energy Corp. and Lake make no representation and provide no assurance or guaranty that such forward looking statements will prove to be accurate. See the companies filings with the Securities and Exchange Commission for factors that may cause results to be significantly different. Statements of opinion and belief are those of the authors and/or editors of this Update, and are based solely upon the information possessed by such authors and/or editors; no inference should be drawn that such authors or editors have any special or greater knowledge about the company or companies profiled or any particular expertise in the industries or markets in which the profiled company or companies compete. The reader should verify all claims and complete his own due diligence before investing in any securities of the profiled company or companies. Neither Uranium Energy Corp., Lake, nor anyone involved in the publication or dissemination of this Update is a registered investment adviser or broker/dealer. Uranium Energy Corp. and Lake make no recommendation that the purchase of securities of the company or companies profiled in this Update are suitable or advisable for any person or that an investment in such securities will be profitable. In general, given the nature of the company or companies profiled and the lack of an active trading market for their securities, investing in such securities is highly speculative and carries a high degree! of risk. An investor in such securities should be prepared and able to bear a loss of his or her entire investment. Nothing in this Update should be construed as an offer or solicitation to buy or sell any securities of any profiled company. Lake has been retained to provide direct marketing services for the company profiled in this Update and receives compensation for those services. Further, Lake and its employees and affiliates may own, or may purchase and sell, securities of the company or companies profiled. Lake undertakes no obligation to inform readers about the ownership or trading activities of it or its employees or affiliates in the securities of the profiled company or companies. Lake has the following compensation arrangements with the company or companies profiled in this Update: Lake receives an advertising fee ranging from $1,000 to $50,000 for each direct marketing list recommended and ordered for the dissemination of this Update.