Sprott, CEF Provide $20M Credit Facility to Uranium Energy
Uranium Energy Corp., a uranium mining-focused company with offices in Corpus Christi, Texas and Vancouver, British Columbia, has obtained a US$20 million senior secured credit facility from Sprott Resource Lending Corp., a subsidiary of Toronto-based Sprott Inc., and CEF (Capital Markets) Ltd. The company will use the proceeds of the facility for the development, operation and maintenance of its Hobson, Goliad and Palangana projects, and for working capital purposes.
31 July 2013•6 mins read
