-----BEGIN PRIVACY-ENHANCED MESSAGE-----
Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
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MIC-Info: RSA-MD5,RSA,
 ALeuoymW/7CUyyPf3cWozxFp3G0LNlNpCnBk/+ZDmz4uUh1YBU+pm71FZSLrRXNZ
 bf5DzrK5kJHekIQ3A87BYQ==

<SEC-DOCUMENT>0001092306-06-000654.txt : 20061106
<SEC-HEADER>0001092306-06-000654.hdr.sgml : 20061106
<ACCEPTANCE-DATETIME>20061106162918
ACCESSION NUMBER:		0001092306-06-000654
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20061103
FILED AS OF DATE:		20061106
DATE AS OF CHANGE:		20061106

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:		9801 ANDERSON MILL ROAD
		CITY:			AUSTIN
		STATE:			TX
		ZIP:			78750
		BUSINESS PHONE:		512-721-1022

	MAIL ADDRESS:	
		STREET 1:		9801 ANDERSON MILL ROAD
		CITY:			AUSTIN
		STATE:			TX
		ZIP:			78750

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			Adnani Amir
		CENTRAL INDEX KEY:			0001346101

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-51663
		FILM NUMBER:		061190696

	BUSINESS ADDRESS:	
		BUSINESS PHONE:		303-985-9324

	MAIL ADDRESS:	
		STREET 1:		1111 WEST HASTINGS STREET
		STREET 2:		SUITE 320
		CITY:			VANCOUVER
		STATE:			A1
		ZIP:			V6E 2J3
</SEC-HEADER>
<DOCUMENT>
<TYPE>4
<SEQUENCE>1
<FILENAME>adnani4_ex.xml
<TEXT>
<XML>
<?xml version="1.0"?>
<ownershipDocument>

    <schemaVersion>X0202</schemaVersion>

    <documentType>4</documentType>

    <periodOfReport>2006-11-03</periodOfReport>

    <notSubjectToSection16>0</notSubjectToSection16>

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

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001346101</rptOwnerCik>
            <rptOwnerName>Adnani Amir</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>1111 WEST HASTINGS STREET</rptOwnerStreet1>
            <rptOwnerStreet2>SUITE 320</rptOwnerStreet2>
            <rptOwnerCity>VANCOUVER</rptOwnerCity>
            <rptOwnerState>A1</rptOwnerState>
            <rptOwnerZipCode>V6E 2J3</rptOwnerZipCode>
            <rptOwnerStateDescription>BRITISH COLUMBIA, CANADA</rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>1</isDirector>
            <isOfficer>1</isOfficer>
            <isTenPercentOwner>0</isTenPercentOwner>
            <isOther>0</isOther>
            <officerTitle>President/CEO</officerTitle>
        </reportingOwnerRelationship>
    </reportingOwner>

    <nonDerivativeTable>
        <nonDerivativeTransaction>
            <securityTitle>
                <value>Common Stock</value>
            </securityTitle>
            <transactionDate>
                <value>2006-11-03</value>
            </transactionDate>
            <deemedExecutionDate>
                <value>2006-11-03</value>
            </deemedExecutionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>P</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
            </transactionCoding>
            <transactionAmounts>
                <transactionShares>
                    <value>500</value>
                </transactionShares>
                <transactionPricePerShare>
                    <value>1.75</value>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>A</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>1717001</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </nonDerivativeTransaction>
        <nonDerivativeTransaction>
            <securityTitle>
                <value>Common Stock</value>
            </securityTitle>
            <transactionDate>
                <value>2006-11-03</value>
            </transactionDate>
            <deemedExecutionDate>
                <value>2006-11-03</value>
            </deemedExecutionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>P</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
            </transactionCoding>
            <transactionAmounts>
                <transactionShares>
                    <value>4500</value>
                </transactionShares>
                <transactionPricePerShare>
                    <value>1.80</value>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>A</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>1721501</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </nonDerivativeTransaction>
    </nonDerivativeTable>

    <ownerSignature>
        <signatureName>/s/ AMIR ADNANI</signatureName>
        <signatureDate>2006-11-06</signatureDate>
    </ownerSignature>
</ownershipDocument>
</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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