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Uranium Energy Corp Commences 2021 Production Area Development at its Burke Hollow ISR Project in South Texas

Notice to U.S. Investors The mineral resources referred to herein have been estimated in accordance with the definition standards on mineral resources of the Canadian Institute of Mining, Metallurgy and Petroleum referred to in NI 43-101 and are not compliant with U.S. Securities and Exchange Commission (the ?SEC?) Industry Guide 7 guidelines.? In addition, measured mineral resources, indicated mineral resources and inferred mineral resources, while recognized and required by Canadian regulations, are not defined terms under SEC Industry Guide 7 and are normally not permitted to be used in reports and registration statements filed with the SEC.? Accordingly, we have not reported them in the United States.? Investors are cautioned not to assume that any part or all of the mineral resources in these categories will ever be converted into mineral reserves.? These terms have a great amount of uncertainty as to their existence, and great uncertainty as to their economic and legal feasib

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