Uranium Energy Corp Completes Acquisition of Rio Tinto's Sweetwater Plant and Wyoming Uranium Assets
Uranium Energy Corp. (UEC)
NASDAQ:AMEX Investor Relations:
uraniumenergy.com/invest
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Source: PR Newswire
NYSE American: UECCASPER, Wyo., Dec. 6, 2024 /PRNewswire/ - Uranium Energy Corp. (NYSE American: UEC) (the "Company" or "UEC") is pleased to announce the completion of the previously announced (September 23, 2024) agreement with Rio Tinto America Inc. ("Rio Tinto") to acquire 100% of Rio Tinto's Wyoming assets, comprised of the wholly-owned and fully-licensed Sweetwater Plant and a portfolio of uranium mining properties, including the Red Desert Project and the Green Mountain Project, with approximately 175 million pounds of historic resources(1) (the "Transaction"). The purchase price paid was approximately $175.4 million in cash and was funded with UEC's available liquidity.Amir Adnani, President and CEO, stated: "The Transaction presents a rare opportunity to acquire U.S. licensed facilities and uranium mining properties from a leading global miner. These assets will significantly enhance and accelerate UEC's production capabilities in Wyoming's Great Divide Basin. The Sweetwater P
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UEC
News
- UEC Acquires Rio Tinto's Sweetwater Plant & Wyoming Uranium Assets [Yahoo! Finance]Yahoo! Finance
- Uranium Energy Corp Files Quarterly Report For the First Quarter of Fiscal 2025 [Yahoo! Finance]Yahoo! Finance
- Uranium Energy Corp Files Quarterly Report For the First Quarter of Fiscal 2025PR Newswire
- Uranium Energy (UEC) Surpasses Market Returns: Some Facts Worth Knowing [Yahoo! Finance]Yahoo! Finance
- Forum Drilling Extends Uranium Mineralization at the Tatiggaq Deposit, Aberdeen Uranium Project, Nunavut [Yahoo! Finance]Yahoo! Finance
UEC
Earnings
- 3/8/24 - In-Line
UEC
Sec Filings
- 12/6/24 - Form 8-K
- 12/5/24 - Form 8-K
- 12/5/24 - Form 10-Q
- UEC's page on the SEC website