Uranium Energy Corp Expands Its
Technical Team and Advisory Board With Industry Veterans
Each Brings 35 Years of Technical Experience to the
Company
AUSTIN, TX – November 15, 2007 – Uranium Energy Corp
announces significant appointments to its technical team and advisory
board. Mr. Clint Milne, BSc, MSc, PGeo, has
been appointed as Senior Geologist of the Company, and will be based out of
the Company’s Albuquerque
exploration office. Mr. George Cavey, BSc, PGeo, has been appointed to the Company’s Advisory
Board. Mr. Cavey will be the fourth member of
this board.
Clint Milne is a geologist with 35 years experience in the US mining and
uranium industries. He has managed exploration, mining and
environmental projects for Mobil Oil, Kennecott Energy and ARCO. He has
also worked as the State Uranium Geologist for the state of Washington. Mr. Milne has
considerable experience in the energy sector, including extensive senior
operating experience in the uranium sector. While at Mobil Oil, he was
manager of its Grants, NM, uranium exploration and development office, with
oversight of Mobil’s Crownpoint
operation. His 35-year career has been spent entirely in the United States,
and largely in the western states. Mr. Milne has degrees in geology,
geochemistry and hydrogeology, and has published numerous papers and
articles.
Mr. Cavey is a consulting geologist with 35
years experience. Since 1982, he has been the president of OreQuest Consultants, a company providing geological
consulting services to resource companies, both public and private. Mr.
Cavey has been responsible for the examination and
evaluation of properties in North, Central and South America and Africa; implementation and management of all aspects of
exploration programs including research, geophysical surveys, diamond
drilling, reserve definition and underground development. He has
authorized or been involved in the writing of more than 300 geological
reports for Canadian junior resource companies. He is a past president
of the Canadian Council of Professional Geoscientists. Mr. Cavey has served on the Canadian Securities Administrators
Mining Technical Monitoring and Advisory Committee and still acts as a
consultant to the BCSC with respect to NI43-101 issues. Mr. Cavey is an officer and/or director of six public
companies.
About Uranium Energy Corp
Uranium Energy Corp (AMEX: UEC) is a US-based junior resource company
with the objective of becoming a near-term ISR uranium producer in the United States.
The Company controls one of the largest historical uranium exploration and
development databases in the US.
Through the use of these databases, the Company has acquired advanced uranium
properties throughout the southwestern US. The
operational management is comprised of pre-eminent uranium mining and
exploration professionals, whose collective experience in the uranium mining
industry gives the Company ongoing uranium mine-finding and uranium mine
development expertise. For more information, please visit www.uraniumenergy.com.
Contact
North America: Investor Relations, Uranium Energy Corp
Toll Free: (866) 748-1030
Phone: (604) 682-9775
Fax: (604) 682-3591
E-mail: info@uraniumenergy.com
Website: www.uraniumenergy.com
Stock
Exchange Information:
American Stock Exchange Symbol: UEC
Frankfurt Stock Exchange Symbol: U6Z
Berlin Stock
Exchange Symbol: U6Z
WKN: A�JDRR
ISN: US9168961038
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Safe Harbor
Statement
This news release contains forward-looking statements within the
meaning of Section 27A of the United States
Securities Act of 1933, as
amended, and Section 21E of the United States Securities and Exchange Act of 1934,
as amended. Statements in this news release, which are not purely
historical, are forward-looking statements and include any statements
regarding beliefs, plans, expectations or intentions regarding the
future. These statements involve risks and uncertainties which could
cause actual results to differ materially from those in the forward-looking
statements contained herein. Such risks and uncertainties may include,
but are not limited to, the impact of competitive products, the ability to
meet customer demand, the ability to manage growth, acquisitions of
technology, equipment or human resources, the effect of economic and business
conditions, the ability to attract and retain skilled personnel and factors
outside the control of the Company. These forward-looking statements
are made as of the date of this news release, and the Company assumes no
obligation to update the forward-looking statements or to update the reasons
why actual results could differ from those projected in the forward-looking
statements. Although the Company believes that the beliefs, plans,
expectations and intentions contained in this news release are reasonable,
there can be no assurance those beliefs, plans, expectations or intentions
will prove to be accurate. Investors should consider all of the
information set forth herein and should also refer to the risk factors
disclosed in the Company’s periodic reports filed from time-to-time
with the United States Securities and Exchange Commission. This news
release shall not constitute an offer to sell or the solicitation of an offer
to buy nor shall there be any sale of these
securities in any jurisdiction in which such offer, solicitation or sale
would be unlawful prior to registration or qualification under the securities
laws of any such jurisdiction.
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