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
October 29, 2015
URANIUM ENERGY CORP.
Nevada |
001-33706 |
98-0399476 |
(State or other jurisdiction of incorporation) |
(Commission File Number) |
(IRS Employer Identification No.) |
1111 West Hastings Street, Suite 320 |
|
|
(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)) |
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Section 5 - Corporate Governance and Management
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
Effective October 29, 2015, the Board of Directors of Uranium Energy Corp. (the "Company") accepted the resignation of Mark Katsumata as the Secretary, Treasurer and Chief Financial Officer of the Company.
Also effective October 29, 2015, following the resignation of Mr. Katsumata, the Board of Directors appointed Pat Obara, the Company's current Vice President, Administration, as the interim Chief Financial Officer of the Company.
As a result, the Company's current directors and executive officers are as follows:
Position |
|
Amir Adnani |
President, Chief Executive Officer and a director |
Spencer Abraham |
Executive Chairman and a director |
Ivan Obolensky |
Director |
Vincent Della Volpe |
Director |
David Kong |
Director |
Ganpat Mani |
Director |
Scott Melbye |
Executive Vice President |
Pat Obara |
Interim Chief Financial Officer |
Mr. Obara served as the Chief Financial Officer of the Company from August 2006 to January 2011. Previously, Mr. Obara worked as a consultant to several private companies in the areas of corporate management, finance and administration. Additionally, Mr. Obara has served as the Chief Financial Officer and a director of various public companies listed on the TSX Venture Exchange where he was involved in the restructuring, organizing and management of these companies which were involved in the resource and technology sectors. Mr. Obara holds a degree in Building Technology, Land and Construction Economics from the British Columbia Institute of Technology.
The Company will be considering new candidates and working with Messrs. Obara and Katsumata to retain a full-time Chief Financial Officer in the near future.
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Section 8 - Other Events
Item 8.01 Other Events
On October 30, 2015, the Company issued a news release regarding the resignation of Mark Katsumata as the Secretary, Treasurer and Chief Financial Officer of the Company and the corresponding appointment of Pat Obara as the interim Chief Financial Officer of the Company.
A copy of the news release is attached as Exhibit 99.1 hereto.
Section 9 - Financial Statements and Exhibits
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 |
99.1 |
News Release dated October 30, 2015. |
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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: November 2, 2015. |
By: /s/ Amir Adnani |
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NYSE MKT Exchange Symbol - UEC
|
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Uranium Energy Corp Appoints Interim CFO
Corpus Christi, TX, October 30, 2015 - Uranium Energy Corp (NYSE MKT: UEC, "UEC" or the "Company") is pleased to announce the appointment of Pat Obara, the Company's current Vice President, Administration, as the Company's interim Chief Financial Officer. Mr. Obara is replacing Mark Katsumata who is resigning to pursue other interests.Amir Adnani, CEO and President, stated, "On behalf of the Board of Directors, we are most appreciative for the services and insight that Mark brought to UEC. Concurrently, we are very fortunate that Pat Obara can take over the position and help minimize the transition effects. Pat served as the Chief Financial Officer of UEC for five years prior to Mark joining the team and is up to date and current regarding all key financial items regarding the Company." Mr. Obara served as the Chief Financial Officer of UEC from August 2006 to January 2011. Previously, Mr. Obara worked as a consultant to several private companies in the areas of corporate management, finance and administration. Additionally, Mr. Obara has served as the Chief Financial Officer and a director of various public companies listed on the TSX Venture Exchange where he was involved in the restructuring, organizing and management of these companies which were involved in the resource and technology sectors. Mr. Obara holds a degree in Building Technology, Land and Construction Economics from the British Columbia Institute of Technology. The Company will be considering new candidates and working with Messrs. Obara and Katsumata to retain a full-time Chief Financial Officer in the near future. About Uranium Energy Corp Uranium Energy Corp is a U.S.-based uranium mining and exploration company. The Company's fully-licensed Hobson processing plant is central to all of its projects in South Texas, including the Palangana in-situ recovery (ISR) mine, the permitted Goliad ISR project and the development-stage Burke Hollow ISR project. Additionally, the Company controls a pipeline of advanced-stage projects in Arizona, Colorado and Paraguay. The Company's operations are managed by professionals with a recognized profile for excellence in their industry, a profile based on many decades of hands-on experience in the key facets of uranium exploration, development and mining. Contact Uranium Energy Corp Investor Relations at: Stock Exchange Information: NYSE MKT: UEC WKN: AØJDRR ISN: US916896103 Safe Harbor Statement Except for the statements of historical fact contained herein, the information presented in this news release constitutes "forward-looking statements" as such term is used in applicable United States and Canadian laws. These statements relate to analyses and other information that are based on forecasts of future results, estimates of amounts not yet determinable and assumptions of management. Any other statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions or future events or performance (often, but not always, using words or phrases such as "expects" or "does not expect", "is expected", "anticipates" or "does not anticipate", "plans, "estimates" or "intends", or stating that certain actions, events or results "may", "could", "would", "might" or "will" be taken, occur or be achieved) are not statements of historical fact and should be viewed as "forward-looking statements". Such forward looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Such risks and other factors include, among others, the actual results of exploration activities, variations in the underlying assumptions associated with the estimation or realization of mineral resources, the availability of capital to fund programs and the resulting dilution caused by the raising of capital through the sale of shares, accidents, labor disputes and other risks of the mining industry including, without limitation, those associated with the environment, delays in obtaining governmental approvals, permits or financing or in the completion of development or construction activities, title disputes or claims limitations on insurance coverage. Although the Company has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking statements, there may be other factors that cause actions, events or results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements contained in this news release and in any document referred to in this news release. Certain matters discussed in this news release and oral statements made from time to time by representatives of the Company may constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 and the Federal securities laws. Although the Company believes that the expectations reflected in such forward-looking statements are based upon reasonable assumptions, it can give no assurance that its expectations will be achieved. Forward-looking information is subject to certain risks, trends and uncertainties that could cause actual results to differ materially from those projected. Many of these factors are beyond the Company's ability to control or predict. Important factors that may cause actual results to differ materially and that could impact the Company and the statements contained in this news release can be found in the Company's filings with the Securities and Exchange Commission. For forward-looking statements in this news release, the Company claims the protection of the safe harbor for forward-looking statements contained in the Private Securities Litigation Reform Act of 1995. The Company assumes no obligation to update or supplement any forward-looking statements whether as a result of new information, future events or otherwise. This press release shall not constitute an offer to sell or the solicitation of an offer to buy securities. |