UEC receives Wyoming approval to boost Irigaray plant capacity to 4M lbs U3O8 annually

URANIUM ENERGY CORP

Wyoming DEQ approved capacity increase to 4.0M lbs U3O8/yr at Irigaray central processing plant.
UEC engaged Stantec for engineering, process optimization, capital cost estimates for Powder River Basin expansion.
Upon closing Rio Tinto acquisition, UEC will have 12.1M lbs combined U.S. licensed capacity across three hub-and-spoke platforms.
Irigaray supports four permitted ISR projects; Powder River Basin estimated resources: 62.3M lbs M&I, 10.7M lbs inferred.

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