Monday, March 29, 2010 – Before Market Open

“Trading Alert” Update

 

Uranium Energy Corp

 (NYSE-AMEX: UEC - $3.31 per share)

www.UraniumEnergy.com

Forbes Magazine Publishes New Story on UEC for April 12 Issue: http://www.forbes.com/forbes/2010...

Uranium Energy Corp. (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. 

Uranium Energy stock just bounced off a key long-term support level last week at $3.15 per share and we believe the stock is headed higher again.  Recent news announcements have analysts talking very positively about UEC, and we have included several comments from these analysts below.  Also, we believe a Forbes article that appears in the April 12, 2010 issue may attract serious new interest to UEC stock over the coming weeks.  Watch for UEC to take off again and we suggest you considering participating!

Analyst Updates on Uranium Energy Corp.

Three analysts have issued updating reports about UEC in response to the Company’s news release on March 15^th which announced strong drilling results at the Palangana ISR Project in South Texas. The Company reported an Independent NI 43-101 Resource Estimate for Palangana on February 23^rd and these most recent drilling results from Palangana indicate that the uranium resource may increase substantially.

Here are some brief highlights and insights from these new reports by independent industry professionals:

Rob Chang from Octagon Capital said:

“Uranium Energy has released some very promising results from the first 87 holes of a 215-hole drilling program at its Palangana In-Situ Recovery (“ISR”) project located in South Texas…

“Highlights of the results include 18.5 feet grading 0.636% U3O8 and 10.5 feet grading 0.848% U3O8 from the “CC Brine Trend”, as well as 24.5 feet grading 0.341% U3O8 from the Jemison Fence Trend.”

Alka Singh, Senior Metals & Mining Analyst with Rodman & Renshaw LLC in New York, said the following:

“Exploration success should drive the stock higher…”

“Approximately 50% of the holes had grade-thickness (GT) greater than 0.3…UEC’s engineers estimate that zones with GT greater than 0.3 could be considered as producible…19 out of the 87 holes had intercepts with GT greater than 1…”  

“UEC is also evaluating the former Union Carbide Corp. well fields at Palangana for potentially remaining resources… The data from four out of nine holes indicate that a significant amount of uranium could be left in the well fields. This encouraging data is currently being reviewed and analyzed by the UEC team.”

Dr. Geordie Mark, uranium analyst with Haywood Securities, noted the following Company highlights:

“Impact: Positive, high-grade results show potential to add to the Palangana resource inventory…

“These new results show potential for Uranium Energy to add exploitable resources to their inventory at Palangana. Uranium Energy expects the results of the current 215-hole program to be employed in an updated NI 43-101 compliant resource estimate to be delivered by mid-2010.”

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.

Uranium Fundamentals Presentation delivered by Amir Adnani, CEO and President of UEC: http://uraniumenergy.com/...

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 company’s 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.