Thursday, March 4, 2010 – Before Market Open

“Trading Alert” Update

Uranium Energy Corp

 (NYSE-AMEX: UEC - $3.66 per share)

www.UraniumEnergy.com

 CEO of Uranium Energy Corporation Reveals why Support from Washington and a Supply Crunch could make Uranium the Metal of the 21^st Century

Uranium: Metal for 21^st Century; Watch Video at:

www.thestreet.com... 

Uranium Energy (NYSE: AMEX: UEC) was our very first Green Baron “Trading Alert” issued on June 24, 2009 at $2.27 per share.  Within three days, 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.  We expect the uptrend to continue based on solid fundamentals and support from several analysts that track the industry and Uranium Energy Corp.

Investment Opportunity Description

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.

Of all publicly-listed uranium development companies in North America, UEC is the only one with its own processing facility, the 100%-controlled, fully licensed Hobson plant. This advantage vaults this company into the forefront of the next generation of uranium producers.

Here’s the data:

First, a number of independent energy analysts and advisory newsletter editors recommend this company. In fact, several of these analysts have recently increased their 12-month price target on the company.  These energy specialists emphasize that UEC controls the next TWO uranium projects anticipated to achieve uranium production in North America.

Read more about the analysts’ statements on UEC - including highlights from buy recommendations from Agora Financial’s Energy & Scarcity Investor plus the company’s feature in Business Week – by clicking http://www.uraniumenergy.com/experts_say/1/

Second, President Obama and his administration strongly support increasing nuclear power generation of electricity in the U.S. The Obama Administration’s proposal for the 2011 federal budget includes $54 billion in loan guarantees for nuclear power plant construction – tripling the size of the program. As reported in the New York Times, Energy Secretary Chu stated on February 1 that this funding “could support the construction of seven to 10 new reactors.” The first two loan guarantee awards have now been issued for start of construction of two nuclear plants in Georgia.

Third, demand for uranium overwhelms current production. Globally, more uranium has been used than produced for the last 20 years straight. Domestically, more than 95% of U.S. usage of uranium – a strategic metal – is imported, a significantly higher percentage of dependence than is the case with oil. A good portion of the U.S. power grid is now dependent on imports of uranium from Russia and Kazakhstan.

The spot price of uranium is stably above $40/lb., a very viable range. The term price is stably above $60/lb., a very viable range. And particularly for UEC because the company’s focus is to control its own future by producing at a very low cost using in-situ recovery methods.

UEC is well funded to aggressively pursue its key development targets in the months ahead. Analysts anticipate first production and cash flow this year.

The company’s technical team designed and initiated production at the last ISR facility to go into production which is also in South Texas. The company’s technical team has participated in a meaningful way in 35 ISR uranium projects in the U.S.

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.

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.

Stock Exchange Information:

NYSE-AMEX: UEC

Frankfurt Stock Exchange Symbol: U6Z

WKN: AOJDRR

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.