Las Vegas, NV -- (SBWIRE) -- 09/19/2013 -- Uranium Energy Corp.(NYSEMKT:UEC) states that based on situations in uranium market, UEC arranges capital expenditures in order to make progress in existing projects. The company has current projects of production in South Texas named Goliad and Burke Hollow ISR.
UEC says that it will slow down the expenditures since budget is not unlimited and things will be prioritized. The operations of the company depend on the funding as well as successful completion of existing projects.
Uranium Energy Corp. serves in exploration of natural resource in United States. The company has stakes in or leased 50,253 acres property in different states including Arizona, Colorado and Texas. The company also has interests in South Texas Mining Venture. UEC has a history or merger and acquisitions like merger with Concentric Energy Corp and acquisition of CUE Resources Ltd.
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