Uranium Energy Corp Rings The Bell at the American Stock Exchange

    AUSTIN, Texas, Oct. 30 /CNW/ -- Uranium Energy Corp announces that its
executives participated in the "Ringing the Bell" ceremony at the American
Stock Exchange in New York, NY, following the Company's recent listing on the
AMEX.  For more details about the Company's recent listing on the AMEX, please
see the news release dated September 27, 2007.  Investors are invited to watch
a short video of the ceremony at the Amex website, at:


    (Photo:  http://www.newscom.com/cgi-bin/prnh/20071030/LATU021A)
    About American Stock Exchange
    The American Stock Exchange(R) (Amex(R)) is the only primary exchange
that offers trading across a full range of equities, options and exchange
traded funds (ETFs), including structured products and HOLDRSSM. In addition
to its role as a national equities market, the Amex is the pioneer of the ETF,
responsible for bringing the first domestic product to market in 1993. Leading
the industry in ETF listings, the Amex lists 267 ETFs to date. The Amex is
also one of the largest options exchanges in the U.S., trading options on
broad-based and sector indexes as well as domestic and foreign stocks.
    About Uranium Energy Corp
    Uranium Energy Corp (Amex:   UEC) 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 US.  The operational management is comprised of pre-eminent
uranium mining and exploration professionals, whose collective experience in
the uranium mining industry gives the Company ongoing uranium mine-finding and
uranium mine development expertise.  Uranium Energy Corp is well positioned to
capitalize on the current alternative energy boom.  For more information,
please visit http://www.uraniumenergy.com.

    Contact North America:  Investor Relations, Uranium Energy Corp
    Toll Free: (866) 748-1030
    Phone: (604) 682-9775
    Fax: (604)  682-3591
    E-mail: info@uraniumenergy.com
    Website: http://www.uraniumenergy.com

    Stock Exchange Information:
    American Stock Exchange Symbol: UEC
    Frankfurt Stock Exchange Symbol: U6Z
    Berlin Stock Exchange Symbol: U6Z
    ISN: US9168961038
    Safe Harbor Statement
    This news release contains forward-looking statements within the meaning
of Section 27A of the United States Securities Act of 1933, as amended, and
Section 21E of the United States Securities and Exchange Act of 1934, as
amended.  Statements in this news release, which are not purely historical,
are forward-looking statements and include any statements regarding beliefs,
plans, expectations or intentions regarding the future.  These statements
involve risks and uncertainties which could cause actual results to differ
materially from those in the forward-looking statements contained herein. Such
risks and uncertainties may include, but are not limited to, the impact of
competitive products, the ability to meet customer demand, the ability to
manage growth, acquisitions of technology, equipment or human resources, the
effect of economic and business conditions, the ability to attract and retain
skilled personnel and factors outside the control of the Company.  These
forward-looking statements are made as of the date of this news release, and
the Company assumes no obligation to update the forward-looking statements or
to update the reasons why actual results could differ from those projected in
the forward-looking statements.  Although the Company believes that the
beliefs, plans, expectations and intentions contained in this news release are
reasonable, there can be no assurance those beliefs, plans, expectations or
intentions will prove to be accurate.  Investors should consider all of the
information set forth herein and should also refer to the risk factors
disclosed in the Company's periodic reports filed from time-to-time with the
United States Securities and Exchange Commission.  This news release shall not
constitute an offer to sell or the solicitation of an offer to buy nor shall
there be any sale of these securities in any jurisdiction in which such offer,
solicitation or sale would be unlawful prior to registration or qualification
under the securities laws of any such jurisdiction.

For further information:

For further information: Investor Relations, Uranium Energy Corp, 
1-866-748-1030, +1-604-682-9775, fax, +1-604-682-3591,  info@uraniumenergy.com
Web Site: http://www.uraniumenergy.com

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