Uranium energy corp acquires portfolio of canadian uranium exploration projects in saskatchewan's athabasca basin from rio tinto exploration canada inc.

Nyse american: uec corpus christi, texas , aug. 22, 2023 /prnewswire/ - uranium energy corp (nyse american: uec), the "company" or "uec") is pleased to announce that the company has closed a purchase agreement with rio tinto exploration canada inc., a subsidiary of rio tinto inc. ("rio tinto"), to acquire a portfolio of exploration-stage projects in the athabasca basin, saskatchewan, canada for $1,500,000 (cad) (the "transaction"). the company has acquired a 60% equity stake in the henday lake joint venture ("henday"), 100% of the milliken project ("milliken"), and a 50% equity stake in the carswell joint venture project ("carswell").
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