Uranium Energy Corp Completes Acquisition Of Uex Corporation To Create The Largest Diversified North American Focused Uranium Company
Acquiring Company
Uranium Energy
Acquired Company
UEX
VancouverOtherEnergyRenewable EnergyMiningMineralDescription
Uranium Energy Corp (NYSE American: UEC) (the "Company" or "UEC") and UEX Corporation (TSX: UEX) ("UEX") are pleased to announce the closing of the previously announced plan of arrangement (the "Arrangement") under the Canada Business Corporations Act, pursuant to which UEC acquired all of the issued and outstanding common shares of UEX that it did not already own. The Arrangement was approved at a special meeting of UEX securityholders held on August 15, 2022 and was subsequently approved by the Supreme Court of British Columbia on August 18, 2022. Pursuant to the terms of the Arrangement, UEX shareholders received 0.090 common shares of UEC for each UEX common share held.
Quick answer
Uranium Energy is acquiring UEX, announced August 22, 2022. Uranium Energy is based in Vancouver, British Columbia, Canada.
- How much did Uranium Energy pay for UEX?
- The deal value was not disclosed.
- What does Uranium Energy do?
- Uranium Energy Corporation is a uranium mining and exploration company.
- Where are Uranium Energy and UEX based?
- Uranium Energy is based in Vancouver, British Columbia, Canada.
- Who are the decision-makers at Uranium Energy?
- Fundz holds 1 contact at Uranium Energy. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
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Frequently asked
Who acquired UEX?
UEX was acquired by Uranium Energy, based in Vancouver. The deal was reported on August 22, 2022. Uranium Energy Corporation is a uranium mining and exploration company. It engages in the acquisition, exploration, and development of uranium properties in the United States. Uranium Energy is publicly traded (UEC) and operates in Other.
When did Uranium Energy acquire UEX?
Uranium Energy's acquisition of UEX was reported on August 22, 2022. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does UEX do?
UEX is the company acquired in this transaction. It is privately held.
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