LYCOS RETRIEVER 
Uranium: Canadian Company
built 263 days ago
Uranium Energy Corp., "UEC" is a US-based junior resource company with the objective of becoming a near-term ISL uranium producer in the United States. UEC is developing its advanced-stage Goliad Project in South Texas, with ISL uranium production projected to begin in 2009.
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In addition, Niger Uranium received a significant dataset from Areva, containing large amounts of historic data on the license areas and surrounding areas. The company expects the data to assist with target generation and help fast-track the exploration program.
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AUSTIN, TEXAS--(MARKET WIRE)--Nov 15, 2007 -- Uranium Energy Corp (AMEX:UEC - News)(Frankfurt:U6Z.F - News)(Berlin:U6Z.BE - News) 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. MORE
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CanAm Uranium Corp. and its executives have been actively researching the London AIM exchange listing requirements, TSX, and Frankfurt. The Company wishes to expand its reach to highly successful commodity driven markets, such as the AIM exchange, Frankfurt, and the TSX. The company's research has been favorable for dual listing, and has been in discussions with various NOMAD sponsors for the AIM exchange. The cost and long-term financing needs of the company will need to be considered before listing on any new exchanges, and if this decision is made, it will be with the best interest of the company and investors in mind.
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Uranium has agreed to reimburse Simmer & Jack for 50% of the fees that Simmer & Jack is required to pay to an empowerment company for consulting. During Q3 2008 and 2008 YTD, the Corporation paid $0.06 million and $0.3 million, respectively, to Simmer & Jack in connection with such services.
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