Uranium Energy Corp Completes Acquisition Of Uex Corporation To Create The Largest Diversified North American Focused Uranium Company
Uranium Energy Corp Completes Acquisition Of Uex Corporation To Create The Largest Diversified North American Focused Uranium Company
08/22/22, 11:12 AM
Location
corpus christiIndustry
mineral
mining
Uranium Energy Corp (NYSE American: UEC) (the "Company" or "UEC") and UEX Corporation (TSX: UEX) ("UEX") are pleased to announce the closing of the previously announced plan of arrangement (the "Arrangement") under the Canada Business Corporations Act, pursuant to which UEC acquired all of the issued and outstanding common shares of UEX that it did not already own. The Arrangement was approved at a special meeting of UEX securityholders held on August 15, 2022 and was subsequently approved by the Supreme Court of British Columbia on August 18, 2022. Pursuant to the terms of the Arrangement, UEX shareholders received 0.090 common shares of UEC for each UEX common share held.
Company Info
Location
800n
Corpus Christi, Texas, United States
Company info
The Uranium Projects consist of essential minerals exploration initiatives located in the United States. They focus on uranium and vanadium resources vital for clean energy and nuclear energy development. These projects are situated in key regions known for their historical significance in uranium production.