SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549


                                  SCHEDULE 13D
                    UNDER THE SECURITIES EXCHANGE ACT OF 1934
                                 (Rule 13d-101)

             INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT
            TO RULE 13d-1(a) AND AMENDMENTS THERETO FILED PURSUANT TO
                                  RULE 13d-2(a)



                              URANIUM ENERGY CORP.
                                (Name of Issuer)

                        Common Stock -- par value $0.001
                         (Title of Class of Securities)

                                   0001334933
                                 (CUSIP Number)

                              Diane D. Dalmy, Esq.
                              8965 W. Cornell Place
                            Lakewood, Colorado 80227
                                  303.985.9324
                  (Name, Address and Telephone Number of Person
                Authorized to Receive Notices and Communications)

                                December 5, 2005
             (Date of Event Which Requires Filing of This Statement)

     If the filing person has previously filed a statement on Schedule 13G to
report the acquisition which is the subject of this Schedule 13D, and is filing
this schedule because of Rule 13d-1(e), 13d-1(f) or 13d-1(g), check the
following box [ ].

     Note. Schedules filed in paper format shall include a signed original and
five copies of the schedule, including all exhibits. See Rule 13d- 7(b) for
other parties to whom copies are to be sent.

                         (Continued on following pages)

                               (Page 1 of 5 Pages)

__________________
     1 The remainder of this cover page shall be filled out for a reporting
person's initial filing on this form with respect to the subject class of
securities, and for any subsequent amendment containing information which would
alter disclosures provided in a prior cover page.

     The information required on the remainder of this cover page shall be
deemed to be "filed" for the purpose of Section 18 of the Securities Exchange
Act of 1934 or otherwise subject to the liabilities of that section of the Act
but shall be subject to all other provisions of the Act (however, see the
Notes).





                                  SCHEDULE 13D


______________________                                     _____________________

CUSIP No.   0001334933                                     Page 2  of 5    Pages
______________________                                     _____________________

________________________________________________________________________________

1       NAME OF REPORTING PERSON:
        S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON

        Amir Adnani
________________________________________________________________________________

2       CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP          (a) [ ]
                                                                  (b) [ ]
________________________________________________________________________________

3       SEC USE ONLY

________________________________________________________________________________

4       SOURCE OF FUNDS

        Subscription Agreements
________________________________________________________________________________

5       CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
        TO ITEMS 2(d) or 2(e)                                         [ ]
________________________________________________________________________________

6       CITIZENSHIP OR PLACE OF ORGANIZATION

        Canada
________________________________________________________________________________
                            7      SOLE VOTING POWER
                                   635,334 Shares of Common Stock
        NUMBER OF           ____________________________________________________
          SHARES            8      SHARED VOTING POWER
       BENEFICIALLY                0
         OWNED BY
           EACH             ____________________________________________________
     REPORTING PERSON       9      SOLE DISPOSITIVE POWER
           WITH                    635,334 Shares of Common Stock
                            ____________________________________________________
                            10     SHARED DISPOSITIVE POWER
                                   0
________________________________________________________________________________

11      AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

        635,334 Shares of Common Stock
________________________________________________________________________________

12      CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
        SHARES                                                        [ ]
________________________________________________________________________________

13      PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

        5.42%
________________________________________________________________________________

14      TYPE OF REPORTING PERSON

        IND
________________________________________________________________________________

     This original Schedule 13D statement (the "Schedule") is filed on behalf of
Amir Adnani,  an  individual  ("Adnani"),  as the  reporting  person  hereunder,
relative to the  acquisition  by Adnani of certain shares of common stock issued
by Uranium Energy Corp. Adnani has not made any previous filings on Schedule 13D
relating to this acquisition or issuer.





ITEM 1. SECURITY AND ISSUER.

     This  Schedule  relates to the voting common  stock,  $0.001 par value,  of
Uranium Energy Corp., a Nevada corporation  ("Uranium  Energy").  Uranium Energy
maintains its principal  executive offices at Austin Centre,  701 Brazos,  Suite
500 PMB#, Austin, Texas 78701.

ITEM 2. IDENTITY AND BACKGROUND

     This Schedule is being filed by Amir Adnani,  an individual  and citizen of
Canada.  The business address of Adnani is 2302 - 930 Cambie Street,  Vancouver,
British Columbia, Canada V6B 5X6.

     Pursuant to General Instruction C of Schedule 13D, Adnani (the "Instruction
C Person") and the information specified in items (a) through (f) of Item 2 with
respect to such Instruction C Person, are as follows:

________________________________________________________________________________

        Name                    Position with              Business Address
                                Uranium Energy
________________________________________________________________________________

Amir Adnani                     President/CEO              2302-930 Cambie St.
                                Director and               Vancouver, B.C.
                                Shareholder                Canada V6B 5X6
________________________________________________________________________________

     Adnani  has the  sole  right to  control  the  disposition  of and vote the
Uranium Energy securities acquired.

     During the last five (5) years,  no Instruction C Person has been convicted
in a criminal proceeding  (excluding traffic violations or similar misdemeanors)
nor has been a party to a civil proceeding of a judicial or administrative  body
of competent jurisdiction or become subject to a judgment, decree or final order
enjoining future violations of, or prohibiting or mandating  activities  subject
to,  federal or state  securities  laws or finding any violation with respect to
such laws.

ITEM 3. SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION

     At the  execution  of four  subscription  agreements  dated April 19, 2004,
September 27, 2004, October 15, 2004 and November 4, 2005, respectively, between
Uranium Energy and Adnani  (collectively,  the  "Subscription  Agreements"),  an
aggregate of 635,334  shares of restricted  common stock of Uranium  Energy were
issued to Adnani. The consideration for the securities of Uranium Energy was the
payment of cash.

ITEM 4. PURPOSE OF TRANSACTION

     The transaction described herein was undertaken for the purpose of engaging
in a private placement of the shares of common stock of Uranium Energy.





     Uranium Energy  subsequently  filed a registration  statement on Form SB-2,
which was  declared  effective by the  Securities  and  Exchange  Commission  on
December 5, 2005.

     Pursuant  to the  instructions  for items (a) through (j) of Item 4, Adnani
has plans as follows:

     (a)  As set  forth  in Item 3 of this  Schedule,  Adnani  has  acquired  an
          Aggregate  of 635,334  shares of  restricted  common  stock of Uranium
          Energy.  Adnani may consider the acquisition of additional  securities
          of Uranium Energy in the future but does not have any current plans to
          do so.

     (b)  Adnani does not have any present  plans or proposals to cause a merger
          or effect a  liquidation  or  reorganization  of Uranium  Energy or to
          enter into extraordinary corporate transactions.

     (c)  Adnani does not have any present plans or proposals to cause a sale or
          transfer of a material amount of assets of Uranium Energy.

     (d)  Adnani does not have any present  plans or proposals to cause a change
          in the present  board of  directors  or in the  management  of Uranium
          Energy, including any plans or proposals to change the number or terms
          of directors or to fill any existing vacancies on the board.

     (e)  Adnani  does not  have  any  present  plans  or  proposals  to cause a
          material change in the capitalization of Uranium Energy.

     (f)  Adnani does not have any present  plans or proposals to make any other
          material  change to the  business or  corporate  structure  of Uranium
          Energy.

     (g)  Adnani does not have any present plans or proposals to change  Uranium
          Energy's charter,  bylaws or instruments  corresponding  thereto or to
          take other actions that impede the  acquisition  of control of Uranium
          Energy by any person.

     (h)  Adnani does not have any present  plans or proposals to cause  Uranium
          Energy's common stock from not being quoted on the OTC Bulletin Board.

     (i)  Adnani  does not have any  present  plans or  proposals  relating to a
          class  of  securities  of  Uranium   Energy   becoming   eligible  for
          termination  of  registration  pursuant  to  Section  12(g)(4)  of the
          Securities Exchange Act of 1934.

     (j)  Adnani does not have any present plans or proposals to take any action
          similar to any of those enumerated in (a) through (i) above.

ITEM 5. INTEREST IN SECURITIES OF THE ISSUER

     (a)  As of the close of business on December 5, 2005,  Adnani  beneficially
          owned  635,334  shares  (or  approximately  5.42%  of the  outstanding
          shares) of Uranium Energy's common stock.

     (b)  Adnani does not own any other  common or  preferred  shares of Uranium
          Energy as of the date of this  Schedule.  Adnani has the sole power to
          vote or to direct the voting of the 635,334  common  shares of Uranium
          Energy.





     (c)  As of December 5, 2005, and within the sixty day period prior thereto,
          to the best knowledge and belief of the  undersigned,  no transactions
          involving  Uranium  Energy  equity  securities  had been engaged in by
          Adnani.

     (d)  To the best knowledge and belief of the  undersigned,  no person other
          than  Adnani  has the right to  receive  or the  power to  direct  the
          receipt of  dividends  from,  or the  proceeds  from the sale of, such
          securities.

ITEM 6. CONTRACTS, ARRANGEMENTS, UNDERSTANDINGS OR RELATIONSHIPS WITH RESPECT TO
        SECURITIES OF THE ISSUER

     No contracts, arrangements,  understandings or relationships between Adnani
exist with respect to securities of the issuer.

ITEM 7. MATERIAL TO BE FILED AS EXHIBITS

     None.

SIGNATURES

     After  reasonable  inquiry and to the best of my  knowledge  and belief,  I
certify that the information  set forth in this statement is true,  complete and
correct.



Date: December 6, 2005                /s/ AMIR ADNANI
                                      ________________
                                          Amir Adnani