The Texas Uranium Energy Corporation (UEC) and Industry View of Current and Future Conditions - 2020

Uranium (Nuclear Minerals) / Exploration, Mining, Marketing, & Acquisitions

UEC Strategy:

• 100% Un-Hedged Book for Maximum Upside and Align with contrarian long-term capital,
• Grow Permitted Capacity and Production Readiness and Develop low-cost and scalable ISR operations,
• Downturn Presented Acquisition Opportunities and Best time to acquire future exploration & development pipeline.

Diversified Asset Portfolio and Low-Cost ISR & Production Ready:

• Infrastructure - Texas
  Hobson Processing Plant - Yellowcake (U₃O₈) Production Capacity of 2,000,000 lbs/year
  
  
• Texas Hub & Spoke ISR Portfolio
  Palangana (Fully Permitted) Stage: (NT) 1.1 M lbs (U₃O₈) Measured & Indicated  and 1.2 M lbs (U₃O₈) Inferred
  Goliad (Fully Permitted) (NT) 5.5 Measured & Indicated and 1.5 M lbs Inferred
  Burke Hollow (Fully Permitted) (NT) - and Inferred 7.1 M lbs
  Salvo (E) - and Inferred 2.8 M lbs.
  
  
• Wyoming
  Reno Creek (Fully Permitted) Stage (NT) 26 M lbs Measured & Indicated and 2 M lbs Inferred
  
  
• Canada - Athabasca Basin
  Diabase - Stage: Exploration
  
  
• Paraguay ISR Uranium Portfolio
  Yuty (Partially Permitted) Stage: Development: 8.9 M lbs Measured & Indicated and 2.2 M lbs Inferred
  Oviedo - Stage : Exploration
  
  
• Paraguay Titanium Business
  Alto Parana: 5 Billion Tons Grading: 7.4 % TiO₂ and 23.6 % Fe₂O₃

UEC View of Nuclear Power Industry ... See pages 24 - 36

Current UEC Corporate Website: https://www.uraniumenergy.com/