Each one in plain English, with the numbers worked through for a shareholder.
9 Oct 2025capital raising announcement▲ GoodMajor
Underwriters exercised their option on UEC's October 2025 Goldman Sachs-led offering, adding 2.325 million shares for another $30.6 million; UEC said proceeds will help fund a new wholly-owned subsidiary, United States Uranium Refining & Conversion Corp, to build a domestic uranium refining and conversion facility - a real strategic expansion beyond mining, not previously captured in this company's narrative record.
UEC raised about $204 million in an underwritten stock offering with Goldman Sachs at $13.15 per share - more than four times the per-share price of its 2021 raises, reflecting the uranium market's continued strength and UEC's growth into a larger, producing company.
20 Dec 2024material agreement termination● NeutralMajor
UEC terminated its 2022 at-the-market stock program and replaced it with a much larger one - up to $300 million, roughly eight times its 2019 program - with Goldman Sachs now leading a larger syndicate of banks, reflecting the company's growth into a producing uranium miner.
An initial economic assessment valued UEC's Roughrider project at $946 million post-tax net present value, with UEC's CEO framing the result as validating the 2022 decision to buy the project from Rio Tinto for $150 million.
UEC's fiscal 2024 annual report confirmed it had successfully restarted uranium production at Christensen Ranch and the Irigaray processing plant in Wyoming - completing the restart effort flagged in July 2023 - while advancing Texas production plans and the new Roughrider North discovery; attributable resources grew to 230.0 million pounds measured-and-indicated.
UEC agreed to buy Rio Tinto America's 50% interest in the Green Mountain Mining Venture in Wyoming - held through subsidiaries Kennecott Uranium and Wyoming Coal Resources - gaining uranium processing facilities and additional properties in Sweetwater County.
Exploration drilling 850 metres northeast of the main Roughrider deposit - using new geophysical survey technology for the first time on the project - discovered high-grade uranium mineralization in a new area UEC is calling Roughrider North.
An updated S-K 1300 resource report nearly tripled Burke Hollow's measured-and-indicated uranium resource, from 2.3 million to 6.2 million pounds, lifting UEC's combined Texas Hub and Spoke resources to about 13 million pounds measured-and-indicated.
New drilling at Roughrider found high-grade uranium in a vein near the existing East Zone deposit, and a metallurgical sampling program was completed to support future economic studies.
UEC's fiscal 2023 annual report showed its first full year of meaningful revenue - $163.95 million from selling 3.15 million pounds of stockpiled uranium at an average $52.05 per pound - alongside $340 million spent completing the UEX and Roughrider acquisitions and attributable resources reaching 226.2 million pounds measured-and-indicated.
UEC advanced delineation drilling at Burke Hollow, establishing a second production area in Texas, and completed additional development drilling at its past-producing Palangana project.
UEC said it had accelerated preparations to restart uranium production at Christensen Ranch in Wyoming - part of the Uranium One Americas assets it acquired in 2021 - citing rising uranium prices and proposed U.S. restrictions on Russian uranium imports.
UEC confirmed that outstanding UEX Corporation warrants continue on their original terms after the merger, now exercisable into UEC shares at the 0.090 exchange ratio - a routine administrative wrap-up of the completed deal.
UEC filed its first full resource update for the Roughrider project since acquiring it from Rio Tinto: 27.8 million pounds indicated at 3.25% U3O8 and 36.0 million pounds inferred at 4.55% U3O8, based on 665 historic drill holes.
UEC filed an S-K 1300 resource update for its Workman Creek project in Arizona; combined with the nearby Anderson project, UEC now controls over 32 million pounds of measured-and-indicated uranium resources in the state.
Follow-up drilling at Christie Lake's newly discovered Sakura zone hit another high-grade intercept (7.90% eU3O8 over 14.3 metres), extending the zone's footprint.
UEC disclosed its second Saskatchewan resource since the UEX merger: the wholly owned Horseshoe-Raven project, with 37.4 million pounds of indicated uranium.
Drilling at UEC's Christie Lake project in Saskatchewan discovered a new high-grade zone, with one hole grading 5.42% eU3O8 over 15.6 metres - notable given the project sits along the same geological trend as McArthur River, the world's largest high-grade uranium mine.
UEC disclosed its first Saskatchewan resource since acquiring UEX Corporation: the Shea Creek project, a joint venture in which UEC holds a 49.1% interest alongside operator Orano Canada, holds a combined 95.6 million pounds of high-grade uranium (indicated grades over 1.49% U3O8).
UEC agreed to buy the Roughrider uranium project in Saskatchewan's Athabasca Basin from Rio Tinto for $150 million, split between $80 million cash and $70 million of UEC stock.
UEC filed additional S-K 1300 resource updates for four smaller deposits (Charlie, Clarkson Hill, Nine Mile, Red Rim) within its Wyoming ISR Hub and Spoke platform.
24 Aug 2022asset acquisition disposition▲ GoodMajor
UEC completed its acquisition of UEX Corporation after shareholder and court approval, exchanging each UEX share for 0.090 UEC shares and adding UEX's Saskatchewan uranium projects to its portfolio.
UEC and UEX Corporation amended their merger terms again, raising the exchange ratio slightly to 0.090 UEC shares per UEX share and the termination fee to $9.0 million.
UEC filed the formal 8-K for the August 5 amendment to its UEX Corporation merger agreement, confirming the improved 0.0890 exchange ratio and higher termination fee.