UEC�s Near-Term Prospects Addressed by Agora Financial�s Energy & Scarcity Investor

Dear Shareholder,

Yesterday, Byron King, editor of the respected investment newsletter Energy & Scarcity Investor, reiterated his positive outlook on Uranium Energy Corp in the following statements:

�After several years of hard work, UEC expects to be producing uranium yellowcake by December 2010. This should do great things for the share price, because it will transform UEC from a developer into a real producer with cash flow. That means that a lot more institutions can buy shares.�

For more information, please email info@uraniumenergy.com or give us a call at 1-866-748-1030.

Thank you,
Uranium Energy Corp.

About Uranium Energy Corp

Uranium Energy Corp (NYSE-AMEX: UEC) is a U.S.-based exploration and development company with the objective of near-term uranium production in the U.S. The Company�s fully licensed and permitted Hobson processing facility is central to all of its projects in South Texas, including the Palangana in-situ recovery project, which is fully permitted, and the Goliad in-situ recovery project, which is in the final stages of mine permitting for production.  The Company�s operations are managed by professionals with a recognized profile for excellence in their industry, a profile based on many decades of hands-on experience in the key facets of uranium exploration, development and mining.  The Company is well financed to execute on its key programs.

For further information about Uranium Energy Corp (NYSE - AMEX: UEC), please click: www.uraniumenergy.com or call 1.866.748.1030