Approval For Expanded Production At Christensen Ranch

CORPUS CHRISTI, TX – Uranium Energy Corp has secured State regulatory approval and commenced operating three additional header houses in wellfield 11 at Christensen Ranch. One additional header house is awaiting regulatory approval, and three more are under construction in wellfield 12 and 10-extension. The three new header houses and continued wellfield development at Christensen Ranch will result in increased production capacity in Wyoming. In South Texas, the Burke Hollow mine is ready for operations and awaiting final approval from the Texas Commission on Environmental Quality that will enable its startup. Taken together, the Company’s Wyoming and Texas operations, including recent approvals and ongoing construction, are expected to drive significant production expansion.