Summary by Futu AI
Uranium Energy Corp. has finalized an S-K 1300 Technical Report Summary for its Texas Hub and Spoke In-Situ Recovery (ISR) Project. The report, dated June 10, 2024, with an effective date of April 11, 2024, is titled "S-K 1300 Initial Assessment Texas Hub and Spoke ISR Project, USA".The company filed a Form 8-K with the U.S. Securities and Exchange Commission on June 12, 2024, to disclose this development. The technical report summary has been attached as Exhibit 96.1 to the filing, along with a consent from Western Water Consultants, Inc., d/b/a WWC Engineering, dated June 12, 2024, as Exhibit 23.1.This technical report represents a significant milestone for Uranium Energy Corp., providing a comprehensive assessment of its Texas-based uranium project. The completion of this report may have implications for the company's resource estimates, project development plans, and overall valuation in the uranium sector.