Uranium Energy Corporation (UEC), a provider of uranium, said on Friday that it has priced a public offering of 15.500 million shares at $13.15 per share. The company has also granted the underwriter a 30-day option to purchase up to an additional 2.325 million shares.
Uranium Energy intends to use the net proceeds from the offering to support the development of a new, state-of-the-art American uranium refining and conversion facility through its wholly owned subsidiary, United States Uranium Refining & Conversion Corporation.
The remaining proceeds are expected to be used for general corporate and working capital purposes. The offering is anticipated to be closed on October 6.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.