Uranium energy corp completes acquisition of uranium one americas to create america's largest uranium mining company

Corpus christi, texas, dec. 20, 2021 /prnewswire/ - uranium energy corp. (nyse american: uec) (the "company" or "uec") is pleased to announce the company has completed the transactions contemplated in the definitive share purchase agreement with uranium one investments inc., a subsidiary of uranium one inc. ("uranium one"), and has acquired all of the issued and outstanding shares of uranium one americas, inc. ("u1a") for a total purchase price of $112 million in cash together with an additional $2.9 million in estimated working capital (primarily pre-paid insurance and land payments) and the assumption of $19 million in reclamation bonding (the "acquisition").  uranium one is the world's fourth largest uranium producer and part of russia's state atomic energy corporation, rosatom.
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