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Published on 11/9/2007 in the Prospect News PIPE Daily.

Uranium Energy plans to price $20 million private placement of shares

By Devika Patel

Knoxville, Tenn., Nov. 9 - Uranium Energy Corp. has entered into an agreement for a $20 million brokered private placement of common shares, according to an 8-K filed Friday with the Securities and Exchange Commission.

Proceeds will be used to advance the company's Goliad project and for exploration, development, acquisitions and general corporate purposes.

Uranium Energy is a resource company based in Austin, Texas.


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