Search the web
Welcome, Guest
[Sign Out, My Account]
EDGAR_Online

Quotes & Info
Enter Symbol(s):
e.g. YHOO, ^DJI
Symbol Lookup | Financial Search
UEC > SEC Filings for UEC > Form 10-K on 14-Oct-2016All Recent SEC Filings

Show all filings for URANIUM ENERGY CORP

Form 10-K for URANIUM ENERGY CORP


14-Oct-2016

Annual Report


Item 7. Management's Discussion and Analysis of Financial Condition and Results of Operations

The following management's discussion and analysis of the Company's financial condition and results of operations contain forward-looking statements that involve risks, uncertainties and assumptions including, among others, statements regarding our capital needs, business plans and expectations. In evaluating these statements, you should consider various factors, including the risks, uncertainties and assumptions set forth in reports and other documents we have filed with or furnished to the SEC and, including, without limitation, this Form 10-K filing for the fiscal year ended July 31, 2016 including the consolidated financial statements and related notes contained herein. These factors, or any one of them, may cause our actual results or actions in the future to differ materially from any forward-looking statement made in this document. Refer to "Cautionary Note Regarding Forward-Looking Statements" and Item 1A. Risk Factors.

Introduction

The following discussion summarizes our results of operations for each of the fiscal years ended July 31, 2016, 2015, and 2014 ("Fiscal 2016", "Fiscal 2015" and "Fiscal 2014", respectively) and our financial condition as at July 31, 2016 and 2015, with a particular emphasis on Fiscal 2016, our most recently completed fiscal year.

Business

We operate in a single reportable segment and since 2004, as more fully described under "General Business" of Item 1. Business, we have been engaged in uranium mining and related activities, including exploration, pre-extraction, extraction and processing, on uranium projects located in the United States and Paraguay.

We utilize ISR mining where possible which we believe, when compared to conventional open pit or underground mining, requires lower capital and operating expenditures with a shorter lead time to extraction and a reduced impact on the environment. We have one uranium mine located in the State of Texas, the Palangana Mine, which utilizes ISR mining and commenced extraction of U3O8, or yellowcake, in November 2010. We have one uranium processing facility located in the State of Texas, the Hobson Processing Facility, which processes material from the Palangana Mine into drums of U3O8, our only sales product and source of revenue, for shipping to a third-party storage and sales facility. At July 31, 2016, we had no uranium supply or "off-take" agreements in place.

Our fully-licensed and 100%-owned Hobson Processing Facility forms the basis for our regional operating strategy in the State of Texas, specifically the South Texas Uranium Belt where we utilize ISR mining. We utilize a "hub-and-spoke" strategy whereby the Hobson Processing Facility, which has a physical capacity to process uranium-loaded resins up to a total of two million pounds of U3O8 annually and is licensed to process up to one million pounds of U3O8 annually, acts as the central processing site (the "hub") for our Palangana Mine and future satellite uranium mining activities, such as our Burke Hollow and Goliad Projects, located within the South Texas Uranium Belt (the "spokes").

We also hold certain mineral rights in various stages in the States of Arizona, Colorado, New Mexico and Texas and in the Republic of Paraguay, many of which are located in historically successful mining areas and have been the subject of past exploration and pre-extraction activities by other mining companies. We do not expect, however, to utilize ISR mining for all of our mineral rights in which case we would expect to rely on conventional open pit and/or underground mining techniques.

Our operating and strategic framework is based on expanding our uranium extraction activities, which includes advancing certain uranium projects with established mineralized materials towards uranium extraction, and establishing additional mineralized materials on our existing uranium projects or through acquisition of additional uranium projects.

During Fiscal 2016, the Company

· entered into a Second Amended and Restated Agreement with our Lenders and extended the $20,000,000 senior secured credit facility by deferring required principal payments to February 1, 2019 and by extending the maturity date to January 1, 2020;

· completed a registered offering of 12,364,704 units at a price of $0.85 per unit for gross proceeds of $10,510,000;

· completed an asset acquisition through the issuance of 1,333,560 restricted common shares and the payment of $50,000 in cash;

· continued to advance development of Production Area Authorization ("PAA") 4 of the Palangana Mine;

· continued to advance exploration and permitting activities at the Burke Hollow Project;

· continued permitting work at the Anderson Project;

· appointed former United States Energy Secretary Spencer Abraham as Executive Chairman of the Company's Board of Directors; and

· appointed Pat Obara as the Company's Chief Financial Officer.

Key Issues

Since commencing uranium extraction at the Palangana Mine in November 2010 to July 31, 2016, we have been focused primarily on expanding our South Texas uranium mining activities and establishing additional uranium mines through exploration and pre-extraction activities and direct acquisitions in both the United States and Paraguay, all of which require us to manage numerous challenges, risks and uncertainties inherent in our business and operations as more fully described in Item 1A. Risk Factors.

Our operations are capital intensive, and we will require significant additional financing to continue with our exploration and pre-extraction activities and acquire additional uranium projects. Historically, we have been reliant primarily on equity financings from the sale of our common stock and, for Fiscal 2014 and Fiscal 2013, on debt financing in order to fund our operations. We have also relied on cash flows generated from our mining activities during Fiscal 2015, Fiscal 2013 and Fiscal 2012, however, we have yet to achieve profitability or develop positive cash flow from operations. Our reliance on equity and debt financings is expected to continue for the foreseeable future, and their availability whenever such additional financing is required will be dependent on many factors beyond our control including, but not limited to, the market price of uranium, the continuing public support of nuclear power as a viable source of electricity generation, the volatility in the global financial markets affecting our stock price and the status of the worldwide economy, any one of which may cause significant challenges in our ability to access additional financing, including access to the equity and credit markets. We may also be required to seek other forms of financing, such as asset divestitures or joint venture arrangements, to continue advancing our uranium projects which would depend entirely on finding a suitable third party willing to enter into such an arrangement, typically involving an assignment of a percentage interest in the mineral project. However, there is no assurance that we will be successful in securing any form of additional financing when required and on terms favorable to us. Our inability to obtain additional financing would have a negative impact on our operations, including delays, curtailment or abandonment of any one or all of our uranium projects.

We have not established proven or probable reserves, as defined by the SEC under Industry Guide 7, through the completion of a "final" or "bankable" feasibility study for any of our mineral projects. We have established the existence of mineralized materials for certain uranium projects, including the Palangana Mine. Since we commenced uranium extraction at the Palangana Mine without having established proven or probable reserves, there may be greater inherent uncertainty as to whether or not any mineralized material can be economically extracted as originally planned and anticipated. The Palangana Mine has been our sole source for the U3O8sold to generate our sales revenues during Fiscal 2015, 2013 and 2012, with no sales revenues generated during Fiscal 2016, Fiscal 2014 or for any periods prior to Fiscal 2012. The economic viability of our mining activities, including the expected duration and profitability of the Palangana Mine and of any future satellite ISR mines, such as the Burke Hollow and Goliad Projects, located within the South Texas Uranium Belt, has many risks and uncertainties. These include, but are not limited to: (i) a significant, prolonged decrease in the market price of uranium; (ii) difficulty in marketing and/or selling uranium concentrates; (iii) significantly higher than expected capital costs to construct the mine and/or processing plant; (iv) significantly higher than expected extraction costs; (v) significantly lower than expected uranium extraction; (vi) significant delays, reductions or stoppages of uranium extraction activities; and (vii) the introduction of significantly more stringent regulatory laws and regulations. Our mining activities may change as a result of any one or more of these risks and uncertainties and there is no assurance that any ore body that we extract mineralized materials from will result in achieving and maintaining profitability and developing positive cash flow.

Uranium extraction at the Palangana Mine continued to operate at a reduced pace since implementing our strategic plan in September 2013 to align our operations to a weak uranium market in a challenging post-Fukushima environment. This strategy has included the deferral of major pre-extraction expenditures and remaining in a state of operational readiness in anticipation of a recovery in uranium prices. At July 31, 2016, we had no uranium supply or "off-take" agreements in place. Future sales of U3O8 are therefore expected to generally occur through the uranium spot market, with any fluctuations in the market price continuing to have a direct impact on our revenues and cash flows. The table below provides the high/low/average/close for the uranium spot price for each of the last five fiscal years ended July 31 as obtained from The Ux Consulting Company, LLC:

Fiscal Year Ended      High         Low      Average       Close
  July 31, 2016     $ 38.50     $ 25.00     $  32.25     $ 25.90
  July 31, 2015       44.00       28.75        36.53       36.00
  July 31, 2014       36.25       28.00        33.22       28.50
  July 31, 2013       49.25       34.25        43.50       34.50
  July 31, 2012       55.25       49.00        50.69       49.50

Historically, the uranium spot price has been difficult to predict and subject to significant volatility, and will continue to be affected by numerous factors beyond our control.

Mineral Rights and Properties

The following is a summary of significant activities by project during Fiscal 2016:

Texas: Palangana Mine

During Fiscal 2016, we continued with our strategic plan for reduced operations implemented in Fiscal 2014 and continued reduced operations at the Palangana Mine to capture residual uranium only.

Wellfield design for the first module at PAA-4, which is fully-permitted for uranium extraction, continued to advance. At July 31, 2016, a total of 214 drill holes have been completed relating to PAA-4 for mineral trend exploration, delineation and monitor wells.

Texas: Burke Hollow Project

During Fiscal 2016, 49 exploration holes totaling 25,020 feet were drilled at the Burke Hollow Project to depths ranging from 420 feet to 640 feet, with an average depth of 511 feet. At July 31, 2016, a total of 575 exploration holes, including 30 regional baseline monitor wells, totaling 271,520 feet have been drilled to depths ranging from160 feet to 1,100 feet, with an average depth of 472 feet.

With the recent issuance of two Class I disposal well permits, permitting activities continued on the Mine Area, Aquifer Exemption and Radioactive Material License applications. The draft Mine Area permit and Aquifer Exemption have been issued while the Radioactive Material License application remains under technical review by Texas Commission on Environmental Quality. The spring ecological assessment for the eastern trend extension has been completed, and the fall ecological assessment was scheduled for the end of September 2016 anticipating wellfield expansion of the eastern trend.

Arizona: Anderson Project

During Fiscal 2016, the Company completed work on the Bureau of Land Management Notice of Intent permit, which was submitted for review in December 2015, and approved by the BLM in March 2016.

Asset Acquisition

On March 4, 2016, the Company entered into a share purchase and option agreement (the "SPOA") with CIC Resources Inc. (the "Vendor") pursuant to which the Company acquired (the "Acquisition") all of the issued and outstanding shares of JDL Resources Inc. ("JDL"), a wholly-owned subsidiary of the Vendor, and was granted an option (the "Option") to acquire all of the issued and outstanding shares of CIC Resources (Paraguay) Inc. ("CIC"), another wholly-owned subsidiary of the Vendor. JDL's principal assets include land located in the department of Alto Parana in the Republic of Paraguay. CIC is the beneficial owner of Paraguay Resources Inc. which is the 100% owner of certain titanium mineral concessions (the "Property"), which are located in the departments of Alto Parana and Canindeyś in the Republic of Paraguay.

Pursuant to the SPOA, the Company issued 1,333,560 restricted common shares in the capital of the Company and paid $50,000 in cash to complete the Acquisition. If the Company has paid or caused to have paid on the Vendor's behalf certain maintenance payments and assessment work required to keep the Property in good standing as directed by the Vendor, during the one-year period following completion of the Acquisition (the "Option Period"), the Company may elect in its discretion to exercise the Option at any time, or if, in accordance with the SPOA, the Vendor satisfies certain conditions precedent to exercise, the Company will be deemed to have exercised the Option. Upon exercise of the Option the Company is required to pay, subject to certain adjustments, $250,000 in cash to the Vendor and to grant to the Vendor a 1.5% net smelter returns royalty (the "Royalty") on the Property as contemplated by a proposed net smelter returns royalty agreement (the "Royalty Agreement") to be executed by the parties upon exercise of the Option. Pursuant to the proposed Royalty Agreement, the Company has the right, exercisable at any time for a period of six years following exercise of the Option, to acquire 0.5% of the Royalty at a purchase price of $500,000.

Refer to Note 6: Other Long-Term Asset and Liability of the Notes to the Consolidated Financial Statements for Fiscal 2016.

Results of Operations for the Fiscal 2016, 2015 and 2014

For Fiscal 2016, Fiscal 2015 and Fiscal 2014, we recorded a net loss of $17,329,872 ($0.16 per share), $23,361,928 ($0.25 per share) and $25,975,107 ($0.29 per share), respectively. Costs and expenses during Fiscal 2016, 2015 and 2014 were $14,331,743, $23,415,842 and $22,836,594, respectively.

During Fiscal 2015, sales of U3O8 totaled 80,000 generating sales revenues of $3,080,000, with corresponding cost of sales of $2,326,674. No revenue from U3O8 sales was generated during Fiscal 2016 and Fiscal 2014.

Uranium Extraction Activities

During Fiscal 2014, uranium extraction at the Palangana Mine and processing of those materials at the Hobson Processing Facility continued in South Texas, but at a reduced pace as part of a strategic plan to align our operations to adapt to the existing uranium market in a challenging post-Fukushima environment.

During Fiscal 2015, we continued with our strategic plan for reduced operations implemented in Fiscal 2014. Uranium extraction at PAA-1, 2 and 3 at the Palangana Mine continued to operate at a reduced pace. Pre-extraction activities at other PAAs of the Palangana Mine continued as planned, including the completion of PAA-4 permitting activities which is now fully-permitted for future uranium extraction.

During Fiscal 2016, we further reduced operations at the Palangana Mine to capture residual uranium only. As a result, no U3O8 was processed at the Hobson Processing Facility, and only minimal extraction or processing costs were capitalized to inventories.

While we remain in a state of operational readiness, uranium extraction expenditures incurred for PAA-1, 2 and 3 directly related to regulatory/mine permit compliance, lease maintenance obligations and maintaining a minimum labor force will be charged to the consolidated statement of operations.

As a result, during Fiscal 2016, the Palangana Mine captured 2,000 pounds of residual uranium during the process of maintaining operational readiness and no uranium concentrates were processed at the Hobson Processing Facility. During Fiscal 2015, the Palangana Mine extracted 16,000 pounds of U3O8(Fiscal 2014:
44,000 pounds of U3O8), and the Hobson Processing Facility processed 18,000 pounds of U3O8(Fiscal 2014: 43,000 pounds of U3O8).

Since commencing uranium extraction at the Palangana Mine in November 2010 to July 31, 2016, the Hobson Processing Facility has processed finished goods representing 578,000 pounds of U3O8, of which 570,000 pounds have been sold, resulting in a finished goods-inventory balance of 8,000 pounds of U3O8 as of July 31, 2015 and 2016.

At July 31, 2016, the total value of inventories was $275,316 of which $200,043 (73%) represented the value of finished goods of U3O8, $61,519 (22%) represented the value of work-in-progress and $13,754 (5%) represented the value of supplies. The cash component of the total value of inventories was $234,034 and the non-cash component of the total value of inventory was $41,282. During Fiscal 2016, no inventory write-down to net realizable value was recorded.

At July 31, 2015, the total value of inventories was $251,999 of which $200,043 (79%) represented the value of finished goods of U3O8, $35,398 (14%) represented the value of work-in-progress and $16,558 (7%) represented the value of supplies. The cash component of the total value of inventories was $210,717 and the non-cash component of the total value of inventory was $41,282. During Fiscal 2015, no inventory write-down to net realizable value was recorded.

Cash and non-cash components of the total value of inventories represent non-US GAAP financial measures which we believe are important in evaluating our operating results not only for management but for our investors. We use these measures to compare our performance with other mining companies and rely upon them as part of management's decision-making process.

Costs and Expenses

During Fiscal 2016, costs and expenses totaled $14,331,743 (Fiscal 2015:
$23,415,842; Fiscal 2014: $22,836,594), comprised of cost of sales of $Nil (Fiscal 2015: $2,326,674; Fiscal 2014: $Nil), inventory write-down of $Nil (Fiscal 2015: $Nil; Fiscal 2014: $804,060), mineral property expenditures of $4,061,159 (Fiscal 2015: $5,706,080; Fiscal 2014: $9,160,648), general and administrative of $9,297,746 (Fiscal 2015: $13,230,840; Fiscal 2014:
$9,825,796), depreciation, amortization and accretion of $875,724 (Fiscal 2015:
$1,802,443; Fiscal 2014: $2,392,866) and impairment loss on mineral properties of $97,114 (Fiscal 2015: $349,805; Fiscal 2014: $653,224).

Cost of sales of U3O8 is determined using the average cost per pound in inventories at the end of the month prior to the month in which the sale occurs, and includes royalties and other direct selling costs.

Mineral Property Expenditures

During Fiscal 2016, mineral property expenditures totaled $4,061,159 (Fiscal 2015: $5,706,080; Fiscal 2014: $9,160,648), comprised of expenditures relating to permitting, property maintenance, exploration and pre-extraction activities and all other non-extraction related activities on our uranium projects.

During Fiscal 2016, the asset retirement obligations ("ARO") of the Palangana Mine were revised due to changes in the estimated timing of restoration and reclamation of the Palangana Mine, resulting in the corresponding mineral rights and properties being reduced by $144,107, and a credit amount of revaluation of ARO totaling $308,398 being recorded against the mineral property expenditures for the Palangana Mine. Refer to Note 9, Asset Retirement Obligations to the Consolidated Financial Statements for Fiscal 2016.

For Fiscal 2016, this amount includes uranium extraction expenditures directly related to maintaining operational readiness and permitting compliance at the Palangana Mine and Hobson Processing Facility of $1,616,786 (Fiscal 2015:
$1,920,787; Fiscal 2014: $2,613,333).

The following table provides a breakdown of mineral property expenditures by uranium mine/project during the past three fiscal years:

                                                           Year Ended July 31,
                                                      2016            2015            2014
Mineral Property Expenditures
Palangana Mine                                 $ 1,273,002     $ 2,147,293     $ 2,566,770
Goliad Project                                      92,588         105,282       1,747,619
Burke Hollow Project                             1,034,888       1,316,321       2,094,089
Longhorn Project                                    10,149          66,135          71,497
Salvo Project                                       34,289          54,462          14,384
Anderson Project                                   178,212         240,519         254,840
Workman Creek Project                               32,820          31,702          32,290
Slick Rock Project                                  53,861          53,313          66,525
Yuty Project                                       388,840         392,879         451,464
Coronel Oviedo Project                             569,077         564,501         759,804
Other Mineral Property Expenditures                701,831         733,673       1,101,366
Re-valuation of Asset Retirement Obligations      (308,398 )             -               -
                                               $ 4,061,159     $ 5,706,080     $ 9,160,648

The following is a breakdown of mineral property expenditures by major category for each uranium mine/project:

· Palangana Mine

During Fiscal 2016, mineral property expenditures at the Palangana Mine totaled $1,273,002, which were comprised of: permitting and property maintenance of $31,468 (Fiscal 2015: $124,288; Fiscal 2014: $195,964), exploration expenditures of $52,270 (Fiscal 2015: $190,362; Fiscal 2014: $180,122), plant development of $3,454 (Fiscal 2015: $1,012; Fiscal 2014: $87,755), wellfield development of $1,428 (Fiscal 2015: $134,571; Fiscal 2014: $179,412), disposal well development of $Nil (Fiscal 2015: $242,721; Fiscal 2014: $Nil) and maintenance of operational readiness and permitting compliance of $1,184,382 (Fiscal 2015:
$1,454,339; Fiscal 2014: $1,923,517);

· Goliad Project

During Fiscal 2016, mineral property expenditures at the Goliad Project totaled $92,588, which were comprised of: permitting and property maintenance of $14,494 (Fiscal 2015: $18,723; Fiscal 2014: $288,014), exploration expenditures of $9,505 (Fiscal 2015: $17,027; Fiscal 2014: $350,866), plant development of $66,053 (Fiscal 2015: $68,983; Fiscal 2014: $829,700) and wellfield development of $2,536 (Fiscal 2015: $549; Fiscal 2014: $279,039);

· Burke Hollow Project

During Fiscal 2016, mineral property expenditures at the Burke Hollow Project totaled $1,034,888, which were comprised of: permitting and property maintenance of $79,911 (Fiscal 2015: $430,717; Fiscal 2014: $339,640) and exploration expenditures of $954,977 (Fiscal 2015: $885,604; Fiscal 2014: $1,754,449);

· Longhorn Project

During Fiscal 2016, mineral property expenditures at the Longhorn Project totaled $10,149 (Fiscal 2015: $66,135; Fiscal 2014: $71,497) mainly for property maintenance;

· Salvo Project

During Fiscal 2016, mineral property expenditures at the Salvo Project totaled $34,289 (Fiscal 2015: $54,462; Fiscal 2014: $14,384) mainly for property maintenance;

· Anderson Project

During Fiscal 2016, mineral property expenditures at the Anderson Project totaled $178,212, which were comprised of: permitting and property maintenance of $128,532 (Fiscal 2015: $192,400; Fiscal 2014: $83,851) and exploration expenditures of $49,680 (Fiscal 2015: $48,119; Fiscal 2014: $170,989);

· Workman Creek Project

During Fiscal 2016, mineral property expenditures at the Workman Creek Project totaled $32,820 (Fiscal 2015: $31,702; Fiscal 2014: $32,290) mainly for property maintenance;

· Slick Rock Project

During Fiscal 2016, mineral property expenditures at the Slick Rock Project totaled $53,861 (Fiscal 2015: $53,313; Fiscal 2014: $66,525) mainly for property maintenance;

· Yuty Project

During Fiscal 2016, mineral property expenditures at the Yuty Project totaled $388,840, which were comprised of: permitting and property maintenance of $263,756 (Fiscal 2015: $230,280; Fiscal 2014: $192,953) and exploration expenditures of $125,084 (Fiscal 2015: $162,599; Fiscal 2014: $258,511); and

· Coronel Oviedo Project

During Fiscal 2016, mineral property expenditures at the Coronel Oviedo Project totaled $569,077, which were comprised of: permitting and property maintenance of $270,212 (Fiscal 2015: $243,202; Fiscal 2014: $150,000) and exploration expenditures of $298,865 (Fiscal 2015: $321,299; Fiscal 2014: $609,804).

General and Administrative

During Fiscal 2016, general and administrative expenses totaled $9,297,746 (Fiscal 2015: $13,230,840; Fiscal 2014: $9,825,796), a decrease of $3,933,094 during Fiscal 2016 compared to Fiscal 2015 and an increase of $3,405,044 during Fiscal 2015 compared to Fiscal 2014. General and administrative expenses are comprised of salaries, management and consulting fees of $2,181,859 (Fiscal 2015: $3,009,974; Fiscal 2014: $3,446,206); office, filling and listing fees, insurance, investor relations and travel of $2,651,768 (Fiscal 2015: $3,018,332; Fiscal 2014: $3,325,020), professional fees of $1,379,956 (Fiscal 2015:
$1,584,786; Fiscal 2014: $1,745,120) and stock-based compensation expense of $3,084,163 (Fiscal 2015: $5,617,748; Fiscal 2014: $1,309,450).

The following summary provides a discussion of the major expense categories, including analyses of the factors that caused any significant variances from year-to-year:

· During Fiscal 2016, salaries, management and consulting fees totaled $2,181,859 (Fiscal 2015: $3,009,974; Fiscal 2014: $3,446,206) which continued to decrease year-over-year by $828,115 during Fiscal 2016 compared to Fiscal 2015 and by $436,232 during Fiscal 2015 compared to Fiscal 2014. Since Fiscal 2013, the number of employees and consultants, as well as any cash bonus payments made to directors, officers and employees, has decreased year-over-year. During Fiscal 2016, the Company implemented pay reductions and compensated directors, officers and employees with shares in lieu of cash to further reduce cash outlays;

· During Fiscal 2016, office, filing and listing, insurance, investor relations and travel expense fees totaled $2,651,768 (Fiscal 2015: $3,018,332; Fiscal 2014: $3,325,020) which continued to decrease year-over-year by $366,565 during Fiscal 2016 compared to Fiscal 2015 and by $306,688 during Fiscal 2015 compared to Fiscal 2014. Since Fiscal 2013, we have continued to focus our efforts on monitoring and controlling these costs and reduce expenses wherever possible as reflected by significant decreases of expenses in recent years;

· During Fiscal 2016, professional fees totaled $1,379,956 (Fiscal 2015:
$1,584,786; Fiscal 2014: $1,745,120) which decreased by $204,830 during Fiscal 2016 compared to Fiscal 2015 and by $160,334 during Fiscal 2015 compared to Fiscal 2014. Professional fees are comprised primarily of legal services related to regulatory compliance and ongoing legal claims, and audit and taxation services; and

· During Fiscal 2016, stock-based compensation expense totaled $3,084,163 (Fiscal . . .

  Add UEC to Portfolio     Set Alert         Email to a Friend  
Get SEC Filings for Another Symbol: Symbol Lookup
Quotes & Info for UEC - All Recent SEC Filings
Copyright © 2017 Yahoo! Inc. All rights reserved. Privacy Policy - Terms of Service
SEC Filing data and information provided by EDGAR Online, Inc. (1-800-416-6651). All information provided "as is" for informational purposes only, not intended for trading purposes or advice. Neither Yahoo! nor any of independent providers is liable for any informational errors, incompleteness, or delays, or for any actions taken in reliance on information contained herein. By accessing the Yahoo! site, you agree not to redistribute the information found therein.