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Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
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MIC-Info: RSA-MD5,RSA,
 SGl2HrjMPLuCJ8da9ZTip+X/v/S2RiPW8jo9BoTgdqQID9k66KvyVS3FJw7Jhtcb
 JgSQi4MbdxWA8RdmCjmZaA==

<SEC-DOCUMENT>0001092306-08-000277.txt : 20080410
<SEC-HEADER>0001092306-08-000277.hdr.sgml : 20080410
<ACCEPTANCE-DATETIME>20080410204858
ACCESSION NUMBER:		0001092306-08-000277
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20080407
FILED AS OF DATE:		20080410
DATE AS OF CHANGE:		20080410

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:			0731

	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:	001-33706
		FILM NUMBER:		08751142

	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>form4_ex.xml
<TEXT>
<XML>
<?xml version="1.0"?>
<ownershipDocument>

    <schemaVersion>X0202</schemaVersion>

    <documentType>4</documentType>

    <periodOfReport>2008-04-07</periodOfReport>

    <notSubjectToSection16>0</notSubjectToSection16>

    <issuer>
        <issuerCik>0001334933</issuerCik>
        <issuerName>URANIUM ENERGY CORP</issuerName>
        <issuerTradingSymbol>UEC</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 and CEO</officerTitle>
        </reportingOwnerRelationship>
    </reportingOwner>

    <derivativeTable>
        <derivativeTransaction>
            <securityTitle>
                <value>Options to Purchase</value>
            </securityTitle>
            <conversionOrExercisePrice>
                <value>2.50</value>
            </conversionOrExercisePrice>
            <transactionDate>
                <value>2008-04-07</value>
            </transactionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>A</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
                <footnoteId id="F1"/>
            </transactionCoding>
            <transactionAmounts>
                <transactionShares>
                    <value>250000</value>
                </transactionShares>
                <transactionPricePerShare>
                    <footnoteId id="F1"/>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>A</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <exerciseDate>
                <value>2008-04-07</value>
            </exerciseDate>
            <expirationDate>
                <value>2018-04-07</value>
            </expirationDate>
            <underlyingSecurity>
                <underlyingSecurityTitle>
                    <value>Common Stock</value>
                </underlyingSecurityTitle>
                <underlyingSecurityShares>
                    <value>250000</value>
                </underlyingSecurityShares>
            </underlyingSecurity>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>677500</value>
                    <footnoteId id="F2"/>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </derivativeTransaction>
    </derivativeTable>

    <footnotes>
        <footnote id="F1">Granted pursuant to and in accordance with the Company's stock incentive plan.</footnote>
        <footnote id="F2">In addition to the options to purchase 250,000 shares as disclosed above, the Reporting Person also holds options to purchase
 225,000 shares at $3.30 per share, expiring on January 2, 2017 and 202,500 shares at an exercise price of $0.33 per share,
 expiring on December 20, 2015.</footnote>
    </footnotes>

    <ownerSignature>
        <signatureName>/s/ AMIR ADNANI</signatureName>
        <signatureDate>2008-04-10</signatureDate>
    </ownerSignature>
</ownershipDocument>
</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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