Uranium Energy Notes New Denison Bid

Uranium Energy Corp. (NYSE: UEC)

Has received a notice from UEX Corporation that Denison Mines has made a new non-binding proposal to acquire all of the issued and outstanding shares of UEX pursuant to a plan of arrangement.

The “UEX Board has unilaterally postposed the special meeting of securityholders of UEX originally scheduled for today, Tuesday, August 9, 2022 to Monday, August 15, 2022 to consider the New Denison Proposal.  Continue reading

UEC bid for UEX Trumped by Denison Mines

Uranium Energy Corp. (NYSE: UEC)

Has received a notice from UEX Corporation that Denison Mines Corp. has made an acquisition proposal for all of the issued and outstanding shares of UEX pursuant to a plan of arrangement.

The board of directors of UEX has determined that the Denison Proposal constitutes a “Superior Proposal”.  UEC has five days to respond. Continue reading