Cue Resources Ltd. (Cue) is an exploration-stage company. It is engaged in the evaluation and exploration of mineral properties with the potential to host uranium deposits. It is in the process of exploring and developing its mineral properties. Cue is focused on developing the Yuty Uranium District in south-eastern Paraguay. Cue owns a 100% interest in a Concession Contract through its wholly owned subsidiary, Transandes Paraguay S.A., covering a uranium exploration property in southern Paraguay referred to as the Yuty Project. During the fiscal year ended April 30, 2011(fiscal 2011), it completed Phase I drill program on the western extension of the main deposit of the San Antonio deposit located within the Yuty concession area. On March 3, 2011, it completed Phase II of the drill program, with a total of 53 holes (2,704 meters). On March 30, 2012, Uranium Energy Corp acquired Cue.