URANIUM ENERGY CORP. 9801 Anderson Mill Road, Suite 230, Austin, Texas 78750Uranium Energy Corp • April 12th, 2007 • Miscellaneous metal ores • Texas
The Optionor is the 100% legal, registered and beneficial owner of a certain unencumbered mineral property claim and state lease interests, which are located in Colorado, Utah and New Mexico (each a "Mineral Claim"), together with a certain database containing various drilling, logging, mapping and reports respecting the subject Mineral Claims (collectively, the "Database"), and together with certain drilling rig equipment (collectively, the "Drilling Rig Equipment"); an initial listing of such Mineral Claims, Database and Drilling Rig Equipment (collectively, the "Assets") being set forth in Schedule "A" which is attached to this letter agreement (the "Agreement"); and the Optionor and the Optionee being, collectively, the "Parties" herein.
