Uranium Energy Corp Receives Approval for Expanded Production at Christensen Ranch and Secures NRC Docketing for U.S. Conversion Facility

Uranium Energy Corp (NYSE American: UEC) (the "Company" or "UEC") is pleased to announce it has secured State regulatory approval and commenced operating three additional header houses in wellfield 11 at Christensen Ranch. One additional header house is awaiting regulatory approval, and three more are under construction in wellfield 12 and 10-extension.