Uranium Energy Corp. (Uranium Energy) is an exploration-stage company. The Company is a natural resource exploration company engaged in the exploration of properties in the United States. As of July 31, 2010, the Company 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. Its properties do not have any reserves. As of July 31, 2010, the Company had no revenues. The assets of STMV include the fully licensed and permitted Hobson in-situ recovery (ISR) Processing Plant (Hobson); the La Palangana Uranium project (Palangana), 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 2014, the Company acquired Longhorn Project (the Project), located in central Live Oak County, Texas.