Sprott, CEF extend $20 mln credit facility to Uranium Energy
Uranium Energy Corp (NYSE: UEC), a uranium mining and exploration company with headquarters in Corpus Christi, Texas, has had its US$20 million senior secured credit facility extended to July 2016. The facility was originally provided last year by Sprott Resource Lending Corp, a natural resource lender and subsidiary of Toronto-based Sprott Inc, and CEF Ltd. The company will continue to use the facility to advance its hub-and-spoke production platform in Texas.
17 March 2014•8 mins read
