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Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
Originator-Key-Asymmetric:
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 TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB
MIC-Info: RSA-MD5,RSA,
 WkqVxrLLZHKPlijCciyxJaEOnsuxDdRsvsrmygNOS1wRWWcvwi4cdkiL5aEkF/U2
 wjn5t0U5LGsFVMjDcJRjsA==

<SEC-DOCUMENT>0001092306-06-000080.txt : 20060209
<SEC-HEADER>0001092306-06-000080.hdr.sgml : 20060209
<ACCEPTANCE-DATETIME>20060209145102
ACCESSION NUMBER:		0001092306-06-000080
CONFORMED SUBMISSION TYPE:	5
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20051231
FILED AS OF DATE:		20060209
DATE AS OF CHANGE:		20060209

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			URANIUM ENERGY CORP
		CENTRAL INDEX KEY:			0001334933
		STANDARD INDUSTRIAL CLASSIFICATION:	MISCELLANEOUS METAL ORES [1090]
		IRS NUMBER:				980399476
		STATE OF INCORPORATION:			NV
		FISCAL YEAR END:			1231

	BUSINESS ADDRESS:	
		STREET 1:		AUSTIN CENTER
		STREET 2:		701 BRAZOS, SUITE 500 PMB#
		CITY:			AUSTIN
		STATE:			TX
		ZIP:			78701
		BUSINESS PHONE:		512-721-1022

	MAIL ADDRESS:	
		STREET 1:		AUSTIN CENTER
		STREET 2:		701 BRAZOS, SUITE 500 PMB#
		CITY:			AUSTIN
		STATE:			TX
		ZIP:			78701

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			Golden West Investments
		CENTRAL INDEX KEY:			0001346373

	FILING VALUES:
		FORM TYPE:		5
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-51663
		FILM NUMBER:		06592540

	BUSINESS ADDRESS:	
		STREET 1:		P.O. BOX 97 LEEWARD HIGHWAY
		STREET 2:		PROVENCIALES TURKS & CAICOS ISLANDS
		CITY:			BRITISH WEST INDIES
		STATE:			D6
		ZIP:			00000
		BUSINESS PHONE:		303-985-9324

	MAIL ADDRESS:	
		STREET 1:		P.O. BOX 97 LEEWARD HIGHWAY
		STREET 2:		PROVENCIALES TURKS & CAICOS ISLANDS
		CITY:			BRITISH WEST INDIES
		STATE:			D6
		ZIP:			00000
</SEC-HEADER>
<DOCUMENT>
<TYPE>5
<SEQUENCE>1
<FILENAME>golden5_ex.xml
<TEXT>
<XML>
<?xml version="1.0"?>
<ownershipDocument>

    <schemaVersion>X0202</schemaVersion>

    <documentType>5</documentType>

    <periodOfReport>2005-12-31</periodOfReport>

    <notSubjectToSection16>0</notSubjectToSection16>

    <form3HoldingsReported>0</form3HoldingsReported>

    <form4TransactionsReported>0</form4TransactionsReported>

    <issuer>
        <issuerCik>0001334933</issuerCik>
        <issuerName>URANIUM ENERGY CORP</issuerName>
        <issuerTradingSymbol>URME</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001346373</rptOwnerCik>
            <rptOwnerName>Golden West Investments</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>P.O. BOX 97 LEEWARD HIGHWAY</rptOwnerStreet1>
            <rptOwnerStreet2>PROVENCIALES TURKS &amp; CAICOS ISLANDS</rptOwnerStreet2>
            <rptOwnerCity>BRITISH WEST INDIES</rptOwnerCity>
            <rptOwnerState>D6</rptOwnerState>
            <rptOwnerZipCode>00000</rptOwnerZipCode>
            <rptOwnerStateDescription>BRITISH INDIAN OCEAN TERRITORY</rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>0</isDirector>
            <isOfficer>0</isOfficer>
            <isTenPercentOwner>1</isTenPercentOwner>
            <isOther>0</isOther>
        </reportingOwnerRelationship>
    </reportingOwner>

    <nonDerivativeTable>
        <nonDerivativeTransaction>
            <securityTitle>
                <value>Common Stock $0.001 par value</value>
            </securityTitle>
            <transactionDate>
                <value>2005-12-05</value>
            </transactionDate>
            <deemedExecutionDate>
                <value>2005-12-05</value>
            </deemedExecutionDate>
            <transactionCoding>
                <transactionFormType>5</transactionFormType>
                <transactionCode>A</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
            </transactionCoding>
            <transactionAmounts>
                <transactionShares>
                    <value>3750000</value>
                </transactionShares>
                <transactionPricePerShare>
                    <value>0.002</value>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>A</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>3750000</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </nonDerivativeTransaction>
    </nonDerivativeTable>

    <ownerSignature>
        <signatureName>/s/ GOLDEN WEST INVESTMENTS BY: COCKBURN DIRECTORS LTD. BY: BARRY DEMPSEY</signatureName>
        <signatureDate>2006-01-25</signatureDate>
    </ownerSignature>
</ownershipDocument>
</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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