U.S. 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


                        Date of Report: February 17, 2006


                              URANIUM ENERGY CORP.
        _________________________________________________________________
        (Exact Name of Small Business Issuer as Specified in its Charter)


                                     NEVADA
              _____________________________________________________
              (State or other Jurisdiction as Specified in Charter)


                 333-127185                       98-0399476
         ________________________      ____________________________________
         (Commission file number)      (I.R.S. Employer Identification No.)


                                  Austin Centre
                           701 Brazos, Suite 500 PMB#
                               Austin, Texas 78701
                    ________________________________________
                    (Address of Principal Executive Offices)


                                  512.721.1022
                           ___________________________
                           (Issuer's telephone number)

Check  the  appropriate  box  below  if the  Form  8-K  filing  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))



ITEM 5.02 DEPARTURE OF DIRECTORS OR PRINCIPAL  OFFICERS;  ELECTION OF DIRECTORS;
APPOINTMENT OF PRINCIPAL OFFICERS

Resignation of Chief Financial Officer/Appointment of Chief Financial Officer

Effective  February 17, 2006,  the board of directors of Uranium Energy Corp., a
Nevada corporation (the "Company"),  announced the acceptance of the resignation
of Grant Atkins as the Chief Financial Officer of the Company effective February
17, 2006. On February 17, 2006, the board of directors of the Company,  pursuant
to written unanimous  consent,  appointed D. Bruce Horton as the Chief Financial
Officer of the Company effective February 17, 2006.

Mr. Horton has been a director and member of the audit  committee of the Company
since January 24, 2005.  During the past five years,  Mr. Horton has been active
in the financial  arena in both the private and public  sectors as an accountant
and  financial  management  consultant  with an emphasis on corporate  financial
reporting,  financing and tax planning.  Mr. Horton has specialized in corporate
management,   re-organization,   merger  and  acquisition,   international   tax
structuring,  and public and private  financing for over thirty years. From 1972
through 1986, Mr. Horton was a partner in a public accounting firm. In 1986, Mr.
Horton co-founded the Clearly Canadian Beverage  Corporation,  of which he was a
director and chief financial officer until 1997.

As of the date of this  Report,  the  Company  does  not  have  any  contractual
arrangements with Mr. Horton.

ITEM 9.01 FINANCIAL STATEMENTS AND EXHIBITS

None

SIGNATURES

In accordance with 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:  February 17, 2006          By:/s/ AMIR ADNANI
                                     ------------------------
                                         Amir Adnani
                                         President and Chief Executive Officer