IRVINE, Calif., Oct. 1, 2007 (PRIME NEWSWIRE) -- "Last week, NRG Energy, a major power generation company, submitted applications for two new nuclear reactors in Texas, marking the first time in 30 years that a utility has submitted a complete application to build new reactors," stated SmallCap Sentinel analyst D.R. Clark. "This is epic news for U.S. energy independence efforts and for followers of domestic Uranium producers."
The informational report "Uranium for the SmallCap Investor" has been made available at www.SmallCapSentinel.com and will address the rise of interest in uranium related equities such as Uranium Energy Corp. (AMEX:UEC), Denison Mines Corp. (AMEX:DNN), Crosshair Exploration & Mining Corp. (AMEX:CXZ) and Uranerz Energy Corp. (AMEX:URZ).
"This milestone clearly has significant positive implications for advanced domestic developers of uranium like Uranium Energy Corp. (UEC) which had its own release of strong news last week as they began trading on the American Stock Exchange (AMEX)," Clark noted. "It also stands to reason that as more new reactor applications are submitted domestic supply will receive a premium valuation as buyers will look for safe sources in close proximity to their plants. With Uranium Energy Corp. developing an advanced-stage project in Texas and controlling 23 other uranium properties in six States, it's been a good week for UEC and their followers."
A StockUpTicks.com profile of UEC is available at http://stockupticks.com/profiles/1-9-07.html
Uranium Energy Corp is a US-based junior resource company with the objective of becoming a near-term ISR uranium producer in the United States. The Company controls one of the largest historical uranium exploration and development databases in the US. Through the use of these databases, the Company has acquired advanced uranium properties throughout the southwestern U.S. For more information, please visit http://www.uraniumenergy.com.
Statements herein contain forward-looking statements and are subject to significant risks and uncertainties affecting results. SmallCapSentinel/StockUpTicks.com are properties of Market Pathways Financial Relations Inc. (MP). MP provides no assurance as to the subject company's plans or ability to effect proposed actions and cannot project capabilities, intent, resources, or experience.
All information contained herein is based upon sources believed to be reliable but no representation is made as to its accuracy or completeness. This report is neither a solicitation to buy nor an offer to sell securities but is rather a paid advertisement provided for information purposes only and should not be used as the basis for any investment decision. MP isn't an investment advisor and this report isn't investment advice. MP has been paid $24,000 by Uranium Energy for preparation and distribution of this report and other advertising services over a ninety day period. Additionally, MP and/or its affiliates, associates and employees from time to time may have either a long or short position in any securities mentioned. This constitutes a conflict of interest as to MP's ability to remain objective in its communication regarding the subject companies.
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