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URANIUM ENERGY CORP Director's Dealing 2011

Sep 29, 2011

31043_dirs_2011-09-29_63cd02a8-66bd-4a50-91f0-94e4e40a1e2e.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: URANIUM ENERGY CORP (UEC)
CIK: 0001334933
Period of Report: 2011-09-26

Reporting Person: Nicholson Bruce (VP Corporate Development)

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2011-09-26 Options to Purchase $2.78 A 30000 Acquired 2021-09-26 Common stock (30000) Direct

Footnotes

F1: Granted pursuant to and in accordance with the Company's stock option plan.

F2: Subject to vesting provisions. 7,500 vest immediately, 7,500 vest on January 26, 2012, 7,500 vest on May 26, 2012 and 7,500 vest on September 26, 2012.

F3: In addition to the options to purchase 30,000 shares as disclosed above, the Reporting Person also holds options to purchase 16,250 shares at an exercise price of $2.40 per share expiring on August 26, 2019 and 80,000 shares at an exercise price of $2.43 per share, expiring on August 13, 2020.