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Stock impact report

Uranium Energy (UEC) Raises Stake in Anfield Energy [Yahoo! Finance]

Uranium Energy Corp. (UEC) 
NASDAQ:AMEX Investor Relations: uraniumenergy.com/invest
Company Research Source: Yahoo! Finance
Uranium Energy Corp. (NYSEAMERICAN:UEC) is a US-based uranium production and exploration company operating North America's newest uranium mine. Uranium Energy Corp. (NYSEAMERICAN:UEC) jumped after the company emerged as a key investor in a dual-track financing round recently closed by Anfield Energy, which raised a total of $10 million. Uranium Energy invested $4 million as part of the concurrent offering, and now holds approximately 28.8% of Anfield's outstanding common shares on an undiluted basis, and about 36.8% on a partially diluted basis. The strategic investment by Uranium Energy Corp. (NYSEAMERICAN:UEC) will help reinforce the company's foothold in the domestic uranium production sector, as Anfield plans to direct the funds into pivotal US uranium assets, including the West Slope Project, Velvet-Wood Project, the Slick Rock Project, and Shootaring Canyon Mill. Uranium Energy Corp. (NYSEAMERICAN:UEC) also received a boost from the recent increase in the prices of uraniu Show less Read more
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