Item 7.01 Regulation FD Disclosure

On July 27, 2022, Uranium Energy Corp. (the "Company" or "UEC") issued a news release to announce that it had completed the installation of the 106 monitor wells necessary for its first Production Area Authorization at the Company's Burke Hollow project (the "Project") located in Bee County, Texas. The planned production area is approximately two miles in length and, once complete, will constitute the largest production area ever to be developed in South Texas.

Highlights:



  ? Located in South Texas, Burke Hollow's initial Production Area Authorization 1
    ("PAA-1") is the newest and largest In-Situ Recovery ("ISR") wellfield being
    developed in the United States.



  ? Completing installation of the 106 monitor wells for PAA-1 marks a significant
    milestone achievement towards ISR uranium production at the Project.



  ? This is a significant development for UEC and an important step in America's
    nuclear fuel supply chain to provide safe, clean and reliable carbon-free
    energy.



  ? Advancing Burke Hollow towards production is timely as the U.S. looks to
    reduce its imports of Russian uranium. The U.S. National Nuclear Security
    Administration (NNSA) has recently begun the process to acquire U.S. produced
    uranium for America's strategic Uranium Reserve. NNSA has issued an initial
    solicitation to purchase up to approximately one million pounds of
    domestically produced uranium.



  ? With the successful installation of the PAA-1 monitor well ring, UEC plans to
    transition into additional exploration and delineation drilling within the
    19,336-acre Project to define additional production areas.



  ? UEC's South Texas hub-and-spoke strategy is anchored by its fully licensed
    Hobson Processing Plant and five ISR projects, including its fully permitted
    Palangana, Goliad and Burke Hollow projects.



  ? To learn more about the environmental, social and low-cost advantages of
    uranium In-Situ Recovery, visit https://www.uraniumenergy.com/projects/isr/

Andy Kurrus, VP of Resource Development stated: "We are pleased to have completed the installation of the Burke Hollow PAA-1 monitor well ring, a critical step towards uranium extraction.

We have also defined resources outside of PAA-1 at the Project, including several exploration targets and anomalous areas that have only been lightly explored. We expect this to translate into an extensive Project pipeline with additional exploration drilling and production area development in the near future. The development of Burke Hollow, the only recent uranium discovery in the United States, is the largest Goliad Formation deposit ever discovered in the South Texas Uranium Trend."



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In this stage of Project advancement, well development and baseline sampling are expected to be complete by mid-August followed by aquifer testing. Preparation for an authorization application which sits within the current mine permit for the Project, is planned for submittal prior to the end of the calendar year.

The mineralization in PAA-1 is hosted within the Pliocene aged Goliad Formation, in what the Company has termed the "Lower B Sand". This unit, positioned at approximately 390 to 450 feet in depth, is comprised of four sub-units of mineralization.

In 2017, UEC refocused and then concentrated its Burke Hollow efforts by specifically targeting this area with the delineation drilling necessary to expand the resources identified earlier in the Project. Commencement of the permitting phase began in 2019 with the conclusion of the delineation campaign that was immediately followed by the first round of monitor well installations.

A copy of the news release is attached as Exhibit 99.1 hereto.

Item 9.01 Financial Statements and Exhibits

(a) Financial Statements of Business Acquired

Not applicable.

(b) Pro forma Financial Information





Not applicable.



(c) Shell Company Transaction



Not applicable.



(d) Exhibits



Exhibit    Description

  99.1       News Release dated July 27, 2022.

  104      Cover Page Interactive Data File (the cover page XBRL tags are
           embedded within the inline XBRL document).


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