Monday, June 20, 2011 – Before Market Open

“Trading Alert”

 

Uranium Energy Corp.

(NYSE-AMEX: UEC - $3.05 per share)

www.UraniumEnergy.com

Recent Analyst Updates Confirm Much Higher Price Targets for UEC

June 14, 2011 - Dundee Capital Markets – We re-iterate our BUY recommendation for UEC and our 12-month share price target to US$6.10

June 9, 2011 – CIBC Institutional Equity Research - Earnings Update - FQ3 Production in Line; Ramp-up Moving along As Planned

May 31, 2011 – Jennings Capital Inc. – “Buy UEC for a Rebound” – 12-Month Target $7.25

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 that release, UEC rallied to hit $3.45 per share, a move of nearly 52%.  UEC went on to hit $4.16 in 2009, and even went as high at $7.48 in 2010.  UEC topped at just over $7.00 in February this year, but dropped after the earthquake in Japan caused enough damage to a nuclear reactor to put the whole world on notice.

Now it appears Uranium Energy Corp. has bottomed again, and several analysts agree that UEC appears ready for a move back up.  We note three analysts among several that have price targets anywhere from $6.00 to $7.25 per share.  A recent press release announcing Uranium Energy’s first multi-year sales contract and another regarding production results have caused analysts to confirm price targets and reveal positive opinions about UEC. 

Check out the following links to view updated coverage reports from Dundee Capital Markets, CIBC, and Jennings Capital Inc. to get a good idea why UEC should be actively accumulated right now.  Following these links, see a reprint of news that was announced by Uranium Energy last week on Tuesday, June 14.

June 14, 2011 update from Dundee Capital Markets

June 9, 2011 update from CIBC Institutional Equity Research

May 31, 2011 update from Jennings Capital, Inc.

Tuesday June 14, 2011, 8:40 am EDT

Uranium Energy Corp Signs First Multi-Year Sales Contract

Uranium Energy Corp (NYSE-AMEX: UEC), (the "Company") is pleased to announce that it has secured its first multi-year uranium sales contract. The sales contract provides for the delivery of 300,000 pounds of U3O8 over a period of three years starting in August 2011 from its Hobson processing facility, with the price to be based on published market price indicators at the time of delivery.

Amir Adnani, President and CEO, stated, "The Company's first-ever sales contract is a significant achievement and further validates our status as North America's newest emerging uranium producer. The agreement provides for the Company as the seller to dictate when deliveries will occur. This unique feature will allow us to manage our cash flow more effectively as we pursue our corporate objectives. Moving forward, we anticipate that our uncommitted production will be sold through a combination of spot market sales and long-term contracts towards establishing a balanced portfolio of sales points and prices for our uranium production."

About Uranium Energy Corp.

Uranium Energy Corp is a U.S.-based uranium production, development and exploration company operating North America's newest emerging uranium mine. 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, which is ramping up initial production, and the Goliad in-situ recovery 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.

Stock Exchange Information: NYSE-AMEX: UEC Frankfurt Stock Exchange Symbol: U6Z WKN: AŘJDRR ISN: US916896103

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. Evergreen Marketing, Inc. is being compensated (U.S.) $4,500 for its coverage of Uranium Energy Corp. as a “Trading Alert” in June 2011

 

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