Uranium Energy Corp. (Uranium Energy) is an exploration-stage company. It is a natural resource exploration company engaged in the exploration of properties in the United States. As of July 31, 2010, it had interests in 50,253 acres of leased or staked mineral properties, consisting of claim blocks located in the States of Arizona, Colorado, New Mexico, Texas, Utah and Wyoming. On December 18, 2009, it acquired interest in the South Texas Mining Venture, L.L.P. The assets of STMV include the fully licensed and permitted Hobson in-situ recovery (ISR) Processing Plant; the La Palangana Uranium project, which is at an advanced stage of permitting; a portfolio of exploration-stage properties located in South Texas and data files that document decades of South Texas-focused uranium exploration and mining. In May 2011, it acquired Coronel Oviedo Uranium Project In Paraguay. On September 9, 2011, it merged with Concentric Energy Corp. On March 30, 2012, it acquired CUE Resources Ltd.