Corpus Christi, TX, July 10, 2017 – Uranium Energy Corp (NYSE MKT: UEC, the “Company” or “UEC”) is pleased to announce that the Company has exercised its previously disclosed option (the “Option”) to acquire all of the issued and outstanding shares of CIC Resources (Paraguay) Inc. (“CIC”), a wholly-owned subsidiary of CIC Resources Inc. (the “Vendor”), in accordance with the terms and conditions of the Company’s share purchase and option agreement (the “Share Purchase and Option Agreement”) with the Vendor, dated March 4, 2016, as amended. As a result, UEC now controls 100% of the Alto Paraná Titanium Project (the “Property”) located in the departments of Alto Paraná and Canindeyú in the Republic of Paraguay.

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