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Yahoo
a day ago
- Business
- Yahoo
Atlas Critical Minerals Files Technical Report Confirming High-Grade Rare Earths and Titanium Mineralization at Alto do Paranaiba Project
Near-Surface Mineralization Features Grades up to 28,870 ppm TREO and 23.2% TiO2 Across 68,550-Acre Property Belo Horizonte, Brazil--(Newsfile Corp. - August 19, 2025) - Atlas Critical Minerals Corporation (OTCQB: JUPGF) ("Atlas Critical Minerals" or the "Company"), an exploration company focused on critical minerals for defense applications and electrification, is pleased to announce the filing of a Technical Report Summary ("TRS") under the U.S. guidelines of Item 1300 of Regulation S-K ("Regulation S-K 1300") for its Alto do Paranaíba Rare Earth Elements and Titanium Project ("Project"), located in the western region of Minas Gerais State, Brazil. The TRS was prepared by SGS Canada Inc. ("SGS"), a premier mineral evaluation company, and validates the presence of high-grade mineralization for both rare earths and titanium. Geologists Marc-Antoine Laporte and Yann Camus from SGS are Qualified Persons for the Project under Regulation S-K 1300. SGS is well-known as a global leader in testing, inspection and certification of mineral properties and projects. The TRS was filed with the Securities and Exchange Commission and can be accessed at this link: The TRS validates the geological potential of the Alto do Paranaíba Project which spans 16 mineral rights 100% owned by the Company, all strategically positioned within the Mata da Corda Group formation known for the occurrence of both rare earths and titanium. The geological exploration of the Project has been divided into three groupings for mineral rights, for ease of logistics (Blocks 1, 2, and 3) as seen in Figure 1 of this release. Figure 1 - Exploration blocks of the Alto do Paranaíba Project. To view an enhanced version of this graphic, please visit: Key Highlights from the Technical Report High-Grade Surface Sampling Results (809 samples analyzed): 608 samples exceeded 1,000 ppm TREO 121 samples exceeded 3,000 ppm TREO 205 samples exceeded 10% TiO₂ Block 3 delivered the highest grades including 28,870 ppm TREO with 16.5% TiO₂ Select Drilling Intercepts from Initial 144-meter Auger Program (11 drill holes): DHTI-001: 12 meters @ 5,961 ppm TREO and 13.3% TiO₂ DHTI-002: 6 meters @ 7,729 ppm TREO and 12.5% TiO₂ DHCA-00001: 4.3 meters @ 4,706 ppm TREO and 15.1% TiO₂ Consistent High-Grade Mineralization Across All Blocks: Block 1 averages: 3,228 ppm TREO, 12.7% TiO₂, 760 ppm MREO Block 2 averages: 2,364 ppm TREO, 11% TiO₂, 522 ppm MREO Block 3 averages: 4,906 ppm TREO, 12% TiO₂, 1,352 ppm MREO Comprehensive Three-Phase Exploration Program The TRS recommends a strategic three-phase exploration program designed to advance the project toward initial resource estimates. Such program includes 13,000 meters of drilling across the three exploration blocks, comprehensive geophysical surveys including drone magnetometry and LiDAR, as well as metallurgical testing. "This initial Technical Report for our Alto do Paranaiba Project represents a major milestone for Atlas Critical Minerals," stated Marc Fogassa, Chairman and CEO of Atlas Critical Minerals. "We are very encouraged by the consistent high-grade mineralization for rare earths and titanium seen across all tested mineral rights." Strategic Advantages and Geological Characteristics The TRS indicates that the Alto do Paranaíba Project benefits from numerous strategic advantages for exploration. The Project geological potential for mineralization across a large area, as the initial positive results were seen across many different mineral rights. The mineralization of rare earths and titanium occurred in layers close to the surface thus favoring any future extraction by open-pit modality. And consistent grades were confirmed across all tested mineral rights, with initial auger drilling from 11 drill holes delivering results that validated the widespread mineralization. Additionally, the Project location enjoys robust infrastructure, including power, water, and roads. The Mata da Corda formation is known to host rare earth oxides and titanium mineralization. This geological unit is composed of volcanoclastic rocks from both the Capacete Formation and volcanic rocks from the Patos Formation, with lithotypes consisting of titanium-rich minerals embedded in a clayey matrix. The strong positive correlation between rare earths elements and titanium, combined with the geological unit's high responsiveness to magnetic surveys due to its intense magnetism, renders the deposits highly amenable to geophysical exploration and enhances targeting precision for the Company's planned future drilling programs. The Company's objective, as stated in the TRS, is to "rapidly issue a resource estimate and, in the medium term, develop an integrated mine and processing plant project for the beneficiation of rare earth oxides and titanium." The TRS is also available on the Company's website at About Atlas Critical Minerals Corporation Atlas Critical Minerals Corporation (OTCQB: JUPGF) controls a large portfolio of critical mineral rights in Brazil, encompassing over 575,000 acres, and including projects in rare earths, titanium, and graphite — minerals essential for defense applications and electrification. Safe Harbor Statement This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements are based upon the current plans, estimates and projections of Atlas Critical Minerals and its subsidiaries and are subject to inherent risks and uncertainties which could cause actual results to differ from the forward-looking statements. Therefore, you should not place undue reliance on these forward-looking statements. Risks related to the Company and its subsidiaries are discussed in the section entitled "Risk Factors" in the Company's Form 20-F filed with the Securities and Exchange Commission (the "SEC") on February 28, 2025. Please also refer to the Company's other filings with the SEC, all of which are available at In addition, any forward-looking statements represent the Company's views only as of today and should not be relied upon as representing its views as of any subsequent date. The Company explicitly disclaims any obligation to update any forward-looking statements. Investor RelationsBrian W. BernierVice President, Investor Relations+1 (833) 661-7900 To view the source version of this press release, please visit
Cision Canada
02-06-2025
- Business
- Cision Canada
Uranium Energy Corp Files Quarterly Report For the Third Quarter of Fiscal 2025
NYSE American: UEC Highlights: Commissioned first new mine-unit at Christensen Ranch In-Situ Recovery ("ISR") Mine, with Header House 10-7 coming online as part of the phased ramp-up of Wyoming's Powder River Basin operations. Construction advancing at Burke Hollow in South Texas, with major equipment installed at the satellite ion exchange plant and disposal well development in progress. Sweetwater production hub development progressing, with a Technical Report Summary ("TRS") to be issued at the end of fiscal 2025 for a new Hub-and-Spoke model anchored by the Sweetwater Plant in the Great Divide Basin, Wyoming. Roughrider Pre-Feasibility initiated, with metallurgical test work significantly advanced, bulk solvent extraction and yellowcake precipitation completed; and process initiated for a formal S-K 1300 Pre-Feasibility Study. Expanded the U.S. Operations and Technical Team, with the Wyoming and Texas workforce growing to more than 100 employees. Key personnel were added in operations, geology, metallurgy and supply chain management, deepening the production team's bench strength. Quadrupling of U.S. nuclear capacity with transformational Executive Orders from the Trump Administration, that also include fast track permitting support for advanced and micro-reactors and reducing U.S. dependence on foreign sources of nuclear fuel as a matter of national security. Increasing demand for U.S. origin uranium, with a memorandum of understanding signed for Wyoming produced uranium concentrates to Radiant Industries, Inc., a microreactor company in preparation for testing at the Idaho National Laboratory. Financial Highlights: $271 million of cash, inventory and equities at market prices (1), and no debt on May 30, 2025. Inventory totals 1,356,000 pounds of U 3 O 8 valued at $96.6 million at market prices (1). UEC's U.S. warehoused physical uranium program will be expanded by 300,000 pounds through purchase contracts in December 2025 at $37.05 per pound, providing a low-cost stream of physical uranium at a time of heightened geopolitical uncertainty. CORPUS CHRISTI, Texas, June 2, 2025 /CNW/ - Uranium Energy Corp (NYSE American: UEC) (the "Company" or "UEC") is pleased to report that it has filed its quarterly report on Form 10-Q for the quarter ended April 30, 2025, with the U.S. Securities and Exchange Commission (the "SEC"). The Form 10-Q filing, which includes the Company's interim condensed consolidated financial statements, related notes thereto and management's discussion and analysis, is available on the Company's website at and at Amir Adnani, President and CEO, stated: "With the U.S. now targeting a fourfold expansion of nuclear capacity and rebuilding its nuclear industrial base under Presidential Executive Orders, UEC's production ramp-up is strategically aligned with the expected increase in uranium demand. This quarter's operational milestones—commissioning new ISR production in Wyoming and advancing construction in South Texas—underscore how ideally positioned UEC is to meet the call for secure, scalable and 100% domestic uranium supply. Additionally, preparing our Roughrider project in Canada for pre-feasibility aims to add another layer of reliable uranium supply from a stable jurisdiction for longer term demand. The Administration has made clear that uranium mining, along with conversion and enrichment, are critical to national security. As America's leading uranium company, we are ready to fuel this transformation with low-cost production platforms across the U.S. and Canada." Christensen Ranch and Irigaray ISR Operations, Wyoming UEC achieved a significant operational milestone this quarter with the startup of Header House 10-7, marking the first new production area at Christensen Ranch as part of its phased restart. This new header house began delivering feed along with past-producing wellfields 7, 8, and 10 to the satellite ion exchange plant, resulting in a notable increase in uranium head grade from the operating wellfields. Construction of Header House 10-8 is nearly complete, with transformers, motor control centers, programmable logic controllers, and injection and recovery headers installed—only final trenching and tie-ins remain. Key refurbishment work was completed at both the Christensen Ranch ion exchange plant and the Irigaray Central Processing Plant. At Christensen Ranch, eight ion exchange columns were taken offline for internal piping replacement and vessel recoating, while production continued in the expanded area. At Irigaray, the plant operated normally as refurbishment advanced in the yellowcake packaging area. Field development advanced with active drilling in wellfield 11 (piloting, casing, underreaming), delineation drilling in wellfield 12, and extensions in wellfields 8 and 10. Consistent with UEC's sustainability commitments and regulatory obligations, plugging and abandonment of wells in wellfield 2 was also initiated during the quarter. As a result of the ramp-up, employment at Christensen Ranch increased to 63 personnel, supporting the Company's growing operations in Wyoming's Powder River Basin. Burke Hollow ISR Project, South Texas Construction at the Burke Hollow Project continued to progress on schedule, with key advances made across wellfield development and processing infrastructure. In Production Area One (PA-1), drilling activity remained robust with 101 additional holes completed and 65 wells cased to expand the production footprint. Simultaneously, the installation of the high-density polyethylene (HDPE) trunkline between the satellite ion exchange plant and PA-1 began, marking another key step in preparing for flowline integration. At Production Area Two (PA-2), drilling commenced to define the footprint for future perimeter monitor wells, setting the stage for further phased expansion. Construction of the satellite ion exchange plant also advanced meaningfully. Following completion of the main concrete slab in the second quarter of fiscal 2025, key uranium processing equipment was received, including a resin hauling trailer, motor control centers, and two filter presses. Four ion exchange columns were installed—all positioned and internally piped on the foundation. In parallel, a contract was awarded for the drilling of a deep disposal well, an important component for wastewater management during operational phases. With these milestones achieved, UEC's South Texas workforce has grown to 40 personnel, supporting the Company's advancing development at Burke Hollow and broader hub-and-spoke platform in the region. Sweetwater, Wyoming (2) UEC expects to issue a TRS with an estimate of mineral resources of the Great Divide Basin Hub-and-Spoke by the end of fiscal 2025. In this report, the Sweetwater Plant will be designated as the "Hub," supported by a series of satellite projects or "Spokes." The Spokes will include: Red Desert: REB, ENQ, and Sweetwater deposits Green Mountain: Round Park, Phase 2, Whiskey Peak, and Desert View Resource Zones Additional nearby properties: JAB, Clarkson Hill, and Red Rim In parallel with the TRS work, UEC has initiated efforts to amend the conventional mining permits at the Sweetwater Uranium Project. These amendments will incorporate: ISR mining methods ISR-mineable resources A new ion exchange and elution circuit at the Sweetwater Plant These activities are advancing UEC's development plans for a scalable hub-and-spoke ISR production platform in Wyoming's Great Divide Basin. Roughrider Project, Saskatchewan In preparation for a proposed pre-feasibility study, UEC drilled metallurgical holes in 2024 across the West Zone, East Zone, and Far East Zone at the Roughrider Project. The drill cores were collected to confirm metallurgical testing aimed at advancing the project toward the next stage of technical development. Metallurgical test work, initiated in January 2025, is being conducted by SGS Canada Inc. – Mineral Services at its laboratory in Lakefield, Ontario. Testing completed to date includes: Bulk solvent extraction on pregnant leach solution to generate raffinate and pregnant strip liquor Gypsum removal from the pregnant strip liquor Yellowcake precipitation Bulk tailings neutralization and effluent treatment Liquid/solid separation of simulated tailings In parallel, UEC has initiated a request for proposal to engage qualified firms for the preparation of the forthcoming pre-feasibility study and related TRS. Notes: Market values for securities are based on closing prices as at May 30, 2025, and for uranium inventories are based on the spot price quoted on UxC CVD as of such date. On September 14, 2022, UEC filed an expanded S-K 1300 TRS for the Wyoming Hub-and-Spoke platform, covering properties throughout Wyoming. UEC is now dividing the Wyoming TRS into two Hub-and-Spoke reports – one for the Great Divide Basin Hub (Sweetwater Plant and properties) and the other for the Powder River Basin Hub (Irigaray Plant and properties). The Great Divide Basin Hub-and-Spoke TRS is expected to be issued at the end of fiscal 2025. The Powder River Basin Hub-and-Spoke TRS is expected to be issued shortly thereafter. About Uranium Energy Corp Uranium Energy Corp is America's largest and fastest growing supplier of uranium needed to produce safe, clean, reliable nuclear energy. UEC is advancing the next generation of low-cost, environmentally friendly ISR mining uranium projects in the United States and high-grade conventional projects in Canada. The Company has three ISR hub-and-spoke platforms in South Texas and Wyoming. These production platforms are anchored by licensed Central Processing Plants that will be served by a pipeline of satellite ISR projects, including seven that already have their major permits in place. In August 2024, operations were restarted and ramp-up commenced at the Christensen Ranch Project in Wyoming, sending uranium loaded resin to the Irigaray Plant (Wyoming Powder River Basin hub). Additionally, the Company has diversified uranium holdings including: (1) one of the largest physical uranium portfolios of U.S. warehoused U 3 O 8; (2) a major equity stake in Uranium Royalty Corp., the only royalty company in the sector; and (3) a Western Hemisphere pipeline of resource stage uranium projects. The Company's operations are managed by professionals with decades of hands-on experience in the key facets of uranium exploration, development and mining. Safe Harbor Statement Except for the statements of historical fact contained herein, the information presented in this news release constitutes "forward-looking statements" as such term is used in applicable United States and Canadian securities laws. These statements relate to analyses and other information that are based on forecasts of future results, estimates of amounts not yet determinable and assumptions of management. They include statements regarding the Company's expectations regarding its projects, including future work programs and studies, the impacts of recent Executive Orders, and expectations regarding future uranium demand. Any other statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions or future events or performance (often, but not always, using words or phrases such as "expects" or "does not expect", "is expected", "anticipates" or "does not anticipate", "plans, "estimates" or "intends", or stating that certain actions, events or results "may", "could", "would", "might" or "will" be taken, occur or be achieved) are not statements of historical fact and should be viewed as "forward-looking statements". Such forward looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Such risks and other factors include, among others, the actual results of exploration activities, variations in the underlying assumptions associated with the estimation or realization of mineral resources, future mineral resource estimates may vary from historic estimates, the availability of capital to fund programs and the resulting dilution caused by the raising of capital through the sale of shares, accidents, labor disputes and other risks of the mining industry including, without limitation, those associated with the environment, delays in obtaining governmental approvals, permits or financing or in the completion of development or construction activities, title disputes or claims limitations on insurance coverage. Although the Company has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking statements, there may be other factors that cause actions, events or results not to be as anticipated, estimated or intended. Many of these factors are beyond the Company's ability to control or predict. There can be no assurance that such statements will prove to be accurate as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements contained in this news release and in any document referred to in this news release. Important factors that may cause actual results to differ materially and that could impact the Company and the statements contained in this news release can be found in the Company's filings with the Securities and Exchange Commission. For forward-looking statements in this news release, the Company claims the protection of the safe harbor for forward-looking statements contained in the Private Securities Litigation Reform Act of 1995. The Company assumes no obligation to update or supplement any forward-looking statements whether as a result of new information, future events or otherwise. This news release shall not constitute an offer to sell or the solicitation of an offer to buy securities.
Yahoo
02-06-2025
- Business
- Yahoo
Uranium Energy Corp Files Quarterly Report For the Third Quarter of Fiscal 2025
NYSE American: UEC Highlights: Commissioned first new mine-unit at Christensen Ranch In-Situ Recovery ("ISR") Mine, with Header House 10-7 coming online as part of the phased ramp-up of Wyoming's Powder River Basin operations. Construction advancing at Burke Hollow in South Texas, with major equipment installed at the satellite ion exchange plant and disposal well development in progress. Sweetwater production hub development progressing, with a Technical Report Summary ("TRS") to be issued at the end of fiscal 2025 for a new Hub-and-Spoke model anchored by the Sweetwater Plant in the Great Divide Basin, Wyoming. Roughrider Pre-Feasibility initiated, with metallurgical test work significantly advanced, bulk solvent extraction and yellowcake precipitation completed; and process initiated for a formal S-K 1300 Pre-Feasibility Study. Expanded the U.S. Operations and Technical Team, with the Wyoming and Texas workforce growing to more than 100 employees. Key personnel were added in operations, geology, metallurgy and supply chain management, deepening the production team's bench strength. Quadrupling of U.S. nuclear capacity with transformational Executive Orders from the Trump Administration, that also include fast track permitting support for advanced and micro-reactors and reducing U.S. dependence on foreign sources of nuclear fuel as a matter of national security. Increasing demand for U.S. origin uranium, with a memorandum of understanding signed for Wyoming produced uranium concentrates to Radiant Industries, Inc., a microreactor company in preparation for testing at the Idaho National Laboratory. Financial Highlights: $271 million of cash, inventory and equities at market prices(1), and no debt on May 30, 2025. Inventory totals 1,356,000 pounds of U3O8 valued at $96.6 million at market prices(1). UEC's U.S. warehoused physical uranium program will be expanded by 300,000 pounds through purchase contracts in December 2025 at $37.05 per pound, providing a low-cost stream of physical uranium at a time of heightened geopolitical uncertainty. CORPUS CHRISTI, Texas, June 2, 2025 /PRNewswire/ - Uranium Energy Corp (NYSE American: UEC) (the "Company" or "UEC") is pleased to report that it has filed its quarterly report on Form 10-Q for the quarter ended April 30, 2025, with the U.S. Securities and Exchange Commission (the "SEC"). The Form 10-Q filing, which includes the Company's interim condensed consolidated financial statements, related notes thereto and management's discussion and analysis, is available on the Company's website at and at Amir Adnani, President and CEO, stated: "With the U.S. now targeting a fourfold expansion of nuclear capacity and rebuilding its nuclear industrial base under Presidential Executive Orders, UEC's production ramp-up is strategically aligned with the expected increase in uranium demand. This quarter's operational milestones—commissioning new ISR production in Wyoming and advancing construction in South Texas—underscore how ideally positioned UEC is to meet the call for secure, scalable and 100% domestic uranium supply. Additionally, preparing our Roughrider project in Canada for pre-feasibility aims to add another layer of reliable uranium supply from a stable jurisdiction for longer term demand. The Administration has made clear that uranium mining, along with conversion and enrichment, are critical to national security. As America's leading uranium company, we are ready to fuel this transformation with low-cost production platforms across the U.S. and Canada." Christensen Ranch and Irigaray ISR Operations, Wyoming UEC achieved a significant operational milestone this quarter with the startup of Header House 10-7, marking the first new production area at Christensen Ranch as part of its phased restart. This new header house began delivering feed along with past-producing wellfields 7, 8, and 10 to the satellite ion exchange plant, resulting in a notable increase in uranium head grade from the operating wellfields. Construction of Header House 10-8 is nearly complete, with transformers, motor control centers, programmable logic controllers, and injection and recovery headers installed—only final trenching and tie-ins remain. Key refurbishment work was completed at both the Christensen Ranch ion exchange plant and the Irigaray Central Processing Plant. At Christensen Ranch, eight ion exchange columns were taken offline for internal piping replacement and vessel recoating, while production continued in the expanded area. At Irigaray, the plant operated normally as refurbishment advanced in the yellowcake packaging area. Field development advanced with active drilling in wellfield 11 (piloting, casing, underreaming), delineation drilling in wellfield 12, and extensions in wellfields 8 and 10. Consistent with UEC's sustainability commitments and regulatory obligations, plugging and abandonment of wells in wellfield 2 was also initiated during the quarter. As a result of the ramp-up, employment at Christensen Ranch increased to 63 personnel, supporting the Company's growing operations in Wyoming's Powder River Basin. Burke Hollow ISR Project, South Texas Construction at the Burke Hollow Project continued to progress on schedule, with key advances made across wellfield development and processing infrastructure. In Production Area One (PA-1), drilling activity remained robust with 101 additional holes completed and 65 wells cased to expand the production footprint. Simultaneously, the installation of the high-density polyethylene (HDPE) trunkline between the satellite ion exchange plant and PA-1 began, marking another key step in preparing for flowline integration. At Production Area Two (PA-2), drilling commenced to define the footprint for future perimeter monitor wells, setting the stage for further phased expansion. Construction of the satellite ion exchange plant also advanced meaningfully. Following completion of the main concrete slab in the second quarter of fiscal 2025, key uranium processing equipment was received, including a resin hauling trailer, motor control centers, and two filter presses. Four ion exchange columns were installed—all positioned and internally piped on the foundation. In parallel, a contract was awarded for the drilling of a deep disposal well, an important component for wastewater management during operational phases. With these milestones achieved, UEC's South Texas workforce has grown to 40 personnel, supporting the Company's advancing development at Burke Hollow and broader hub-and-spoke platform in the region. Sweetwater, Wyoming(2) UEC expects to issue a TRS with an estimate of mineral resources of the Great Divide Basin Hub-and-Spoke by the end of fiscal 2025. In this report, the Sweetwater Plant will be designated as the "Hub," supported by a series of satellite projects or "Spokes." The Spokes will include: Red Desert: REB, ENQ, and Sweetwater deposits Green Mountain: Round Park, Phase 2, Whiskey Peak, and Desert View Resource Zones Additional nearby properties: JAB, Clarkson Hill, and Red Rim In parallel with the TRS work, UEC has initiated efforts to amend the conventional mining permits at the Sweetwater Uranium Project. These amendments will incorporate: ISR mining methods ISR-mineable resources A new ion exchange and elution circuit at the Sweetwater Plant These activities are advancing UEC's development plans for a scalable hub-and-spoke ISR production platform in Wyoming's Great Divide Basin. Roughrider Project, Saskatchewan In preparation for a proposed pre-feasibility study, UEC drilled metallurgical holes in 2024 across the West Zone, East Zone, and Far East Zone at the Roughrider Project. The drill cores were collected to confirm metallurgical testing aimed at advancing the project toward the next stage of technical development. Metallurgical test work, initiated in January 2025, is being conducted by SGS Canada Inc. – Mineral Services at its laboratory in Lakefield, Ontario. Testing completed to date includes: Bulk solvent extraction on pregnant leach solution to generate raffinate and pregnant strip liquor Gypsum removal from the pregnant strip liquor Yellowcake precipitation Bulk tailings neutralization and effluent treatment Liquid/solid separation of simulated tailings In parallel, UEC has initiated a request for proposal to engage qualified firms for the preparation of the forthcoming pre-feasibility study and related TRS. Notes: Market values for securities are based on closing prices as at May 30, 2025, and for uranium inventories are based on the spot price quoted on UxC CVD as of such date. On September 14, 2022, UEC filed an expanded S-K 1300 TRS for the Wyoming Hub-and-Spoke platform, covering properties throughout Wyoming. UEC is now dividing the Wyoming TRS into two Hub-and-Spoke reports – one for the Great Divide Basin Hub (Sweetwater Plant and properties) and the other for the Powder River Basin Hub (Irigaray Plant and properties). The Great Divide Basin Hub-and-Spoke TRS is expected to be issued at the end of fiscal 2025. The Powder River Basin Hub-and-Spoke TRS is expected to be issued shortly thereafter. About Uranium Energy Corp Uranium Energy Corp is America's largest and fastest growing supplier of uranium needed to produce safe, clean, reliable nuclear energy. UEC is advancing the next generation of low-cost, environmentally friendly ISR mining uranium projects in the United States and high-grade conventional projects in Canada. The Company has three ISR hub-and-spoke platforms in South Texas and Wyoming. These production platforms are anchored by licensed Central Processing Plants that will be served by a pipeline of satellite ISR projects, including seven that already have their major permits in place. In August 2024, operations were restarted and ramp-up commenced at the Christensen Ranch Project in Wyoming, sending uranium loaded resin to the Irigaray Plant (Wyoming Powder River Basin hub). Additionally, the Company has diversified uranium holdings including: (1) one of the largest physical uranium portfolios of U.S. warehoused U3O8; (2) a major equity stake in Uranium Royalty Corp., the only royalty company in the sector; and (3) a Western Hemisphere pipeline of resource stage uranium projects. The Company's operations are managed by professionals with decades of hands-on experience in the key facets of uranium exploration, development and mining. Stock Exchange Information:NYSE American: UECWKN: AØJDRRISN: US916896103 Safe Harbor Statement Except for the statements of historical fact contained herein, the information presented in this news release constitutes "forward-looking statements" as such term is used in applicable United States and Canadian securities laws. These statements relate to analyses and other information that are based on forecasts of future results, estimates of amounts not yet determinable and assumptions of management. They include statements regarding the Company's expectations regarding its projects, including future work programs and studies, the impacts of recent Executive Orders, and expectations regarding future uranium demand. Any other statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions or future events or performance (often, but not always, using words or phrases such as "expects" or "does not expect", "is expected", "anticipates" or "does not anticipate", "plans, "estimates" or "intends", or stating that certain actions, events or results "may", "could", "would", "might" or "will" be taken, occur or be achieved) are not statements of historical fact and should be viewed as "forward-looking statements". Such forward looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Such risks and other factors include, among others, the actual results of exploration activities, variations in the underlying assumptions associated with the estimation or realization of mineral resources, future mineral resource estimates may vary from historic estimates, the availability of capital to fund programs and the resulting dilution caused by the raising of capital through the sale of shares, accidents, labor disputes and other risks of the mining industry including, without limitation, those associated with the environment, delays in obtaining governmental approvals, permits or financing or in the completion of development or construction activities, title disputes or claims limitations on insurance coverage. Although the Company has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking statements, there may be other factors that cause actions, events or results not to be as anticipated, estimated or intended. Many of these factors are beyond the Company's ability to control or predict. There can be no assurance that such statements will prove to be accurate as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements contained in this news release and in any document referred to in this news release. Important factors that may cause actual results to differ materially and that could impact the Company and the statements contained in this news release can be found in the Company's filings with the Securities and Exchange Commission. For forward-looking statements in this news release, the Company claims the protection of the safe harbor for forward-looking statements contained in the Private Securities Litigation Reform Act of 1995. The Company assumes no obligation to update or supplement any forward-looking statements whether as a result of new information, future events or otherwise. This news release shall not constitute an offer to sell or the solicitation of an offer to buy securities. View original content: SOURCE Uranium Energy Corp
