Uranium Energy Corp Generates $3.08M in Cash With Sale of Uranium from Inventory

Uranium Energy Corp (NYSE MKT: UEC, the "Company" or "UEC") is pleased to announce that it has received $3.08 million in cash proceeds from the sale of uranium from inventory. This sale was completed subsequent to the Company's fiscal third quarter ended April 30, 2015, and will be reported in the Company's year-end results for the fiscal year ending July 31, 2015. The sale price of $38.50/lb. is 8.5% higher than the current spot price.