Uranium Energy Corp Reports Results for the Third Quarter of Fiscal 2026

NYSE American: UEC Commenced Production at Burke Hollow, America's Largest Greenfield ISR Uranium Project UEC is Now Operating Two of its Three U.S. Hub-and-Spoke ISR Production Platforms, Anchored by the Largest Uranium Resource Base in the U.S. $794 Million of Liquid Assets (1) and No Debt Building America's Only Vertically Integrated Uranium Fuel Supply Chain from Mining through Refining and Conversion Fiscal Q3 2026 Operational Highlights: Operations Commenced at Burke Hollow ISR Project: America's largest greenfield in-situ recovery (" ISR ") project to come into production in over a decade started operations in South Texas. Maintaining Low-Cost Production Profile: During the quarter, 32,195 pounds of uranium concentrate were produced at a Total Cost per Pound (2) of $54.61, including a Cash Cost per Pound (2) of $46.69. Total Cost per Pound rose in the third quarter primarily due to lower production resulting from timing of regulatory approvals for new header houses that started operating later in the quarter and an increase in State taxes. Since commissioning, UEC's Total Cost per Pound remains a leader in the domestic industry at $39.30, including a Cash Cost per Pound of $32.40, across 276,516 pounds. Received Regulatory Approval for Expanded Production at Christensen Ranch: Three new header houses in Wellfield 11 began production towards the end of the quarter. Five additional header houses are under construction and one additional header house is complete, awaiting regulatory approval. Continued Production Ramp Up: Production rates are expected to increase in the fourth fiscal quarter with new header houses at Christensen Ranch and Burke Hollow operational for the full quarter. Advancing Towards Construction at the Ludeman Project: The 240-hole delineation drilling program was completed. Ludeman is planned to be the Company's third operating ISR uranium min