Uranium Energy Corp.

08/17/2022 | Press release | Distributed by Public on 08/17/2022 04:06

Material Definitive Agreement - Form 8-K

uec20220816_8k.htm
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
June 23, 2022
Date of Report (Date of earliest event reported)
URANIUM ENERGY CORP.
(Exact name of registrant as specified in its charter)
Nevada
001-33706
98-0399476
(State or other jurisdiction of incorporation)
(Commission File Number)
(IRS Employer Identification No.)
1030 West Georgia Street, Suite 1830
Vancouver, British Columbia
V6E 2Y3
(Address of principal executive offices)
(Zip Code)
(604) 682-9775
Registrant's telephone number, including area code
Not applicable.
(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
☐
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Securities registered pursuant to Section 12(b) of the Act:
Title of each class
Trading Symbol (s)
Name of each exchange on which registered
Common Stock
UEC
NYSE American
Indicate by check mark whether the registrant is an emerging growth company as defined in as defined in Rule 405 of the Securities Act of 1933 (Section 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (Section 240.12b-2 of this chapter).
Emerging growth company ☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Item 1.01
Entry into a Material Definitive Agreement
On June 23, 2022, Uranium Energy Corp. (the "Company" or "UEC") entered into an amending agreement (the "Amending Agreement") to the previously announced arrangement agreement (the "Arrangement Agreement") dated June 13, 2022, with UEC 2022 Acquisition Corp. ("UEC Acquisition Co."), a wholly owned subsidiary of UEC, and UEX Corporation ("UEX"), pursuant to which UEC, through UEC Acquisition Co., is to acquire all of the issued and outstanding common shares of UEX (each, a "UEX Share") by way of a statutory plan of arrangement (the "Arrangement") under the Canada Business Corporations Act (the "Transaction").
Under the terms of the Amending Agreement, the Plan of Agreement, which is Schedule 1 to the Arrangement Agreement, was amended to provide that any UEX Shares held by UEC or UEC Acquisition Co. will not be arranged pursuant to the Arrangement Agreement.
The foregoing description of the Amending Agreement does not purport to be complete and is qualified in its entirety by the Amending Agreement, which is filed as Exhibit 10.1 hereto and is incorporate by reference herein.
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
10.1
Amending Agreement between Uranium Energy Corp., UEC 2022 Acquisition Corp. and UEX Corporation, dated June 23, 2022
104
Cover Page Interactive Data File (the cover page XBRL tags are embedded within the inline XBRL document)
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
URANIUM ENERGY CORP.
DATE: August 16, 2022. By: /s/ Pat Obara
Pat Obara, Secretary and
Chief Financial Officer
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