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Uranerz Energy: Emerging Contender in the Uranium Market

13.05.2014  |  PR Newswire
Uranerz Energy: Emerging Contender in the Uranium Market - Progressing to Viable Production Operations after Preparation Phase - Story Supported By Solid Long Term Uranium Fundamentals Analyst Report

NEW YORK, May 13, 2014 /PRNewswire/ -- Uranerz Energy Corp. (NYSE: URZ) is a U.S. mining company that commenced in-situ recovery ("ISR") uranium mining operations on April 15, 2014 at its first ISR mine in the Powder River Basin of Wyoming. The Uranerz management team has specialized expertise in the ISR uranium mining method, and has a successful track record of licensing, constructing, and operating ISR uranium projects. Uranerz has a processing agreement with Cameco, the world's largest public uranium company and has entered into long-term uranium sales contracts for a portion of its planned production with two of the largest nuclear utilities in the U.S., including Exelon.

The Company's primary focus over the past year has been construction of the processing facility and installation of the monitor, production, and deep disposal wells for in-situ recovery ("ISR") operations at the Nichols Ranch ISR Uranium Project, in the Powder River Basin of Wyoming. The initial well field and processing facility are now completed, and two deep disposal wells are ready for use. Talented field and operations personnel have been employed and trained for start-up.

An analyst report which details key attributes of the products, an overview of the company and analyst comments can be viewed in its entirety by using the link below. There is no cost obligation required to view this report:

http://bit.ly/URZ-CFA-Report

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FORWARD-LOOKING DISCLAIMER

This report may contain certain forward-looking statements and information, as defined within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, and is subject to the Safe Harbor created by those sections. This material contains statements about expected future events and/or financial results that are forward-looking in nature and subject to risks and uncertainties. Such forward- looking statements by definition involve risks, uncertainties and other factors, which may cause the actual results, performance or achievements of mentioned company to be materially different from the statements made herein.


COMPLIANCE PROCEDURE

Content is researched, written and reviewed on a best-effort basis. This document, article or report is written and authored by Michael Andereg, CFA. However, we are only human and are prone to make mistakes. If you notice any errors or omissions, please notify us below.

A full disclaimer can be found by viewing the full analyst report.

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