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                                                       Austin Centre, 701 Brazos
                                                                 Suite 500, PMB#
                                                                Austin, TX 78701
                                                       Toll Free: (877) 676-7183
                                                             Tel: (512) 721-1022
                                                             Fax: (512) 721-1023

________________________________________________________________________________


November 30, 2005


Attention:  Derek Swanson, Staff Attorney
Securities and Exchange Commission
100 F St. N.E.
Washington D.C.  20549
Tel: (202) 551-3366

RE:  URANIUM ENERGY CORP.
     Pre-Effective Amendment No. 3 to Form SB-2 (SEC FILE No. 333-127185)

Dear Mr. Swanson:

     On behalf of Uranium Energy Corp. (the "Registrant"), I hereby request that
Pre-Effective Amendment No. 3 to the Registrant's Registration Statement on Form
SB-2 become  effective at 12:00 p.m.  (EST) on Monday,  December 5, 2005,  or as
soon thereafter as possible.

     We hereby acknowledge our responsibilities under the Securities Act of 1933
and the  Securities  Exchange  Act of 1934 as they may  relate  to the  proposed
public offering of the securities specified in the above-referenced Registration
Statement.

     Please note that this letter will be filed with the  Commission  via EDGAR.
If you have any  questions or concerns,  please  contact me at the number listed
above.

Yours truly,
Uranium Energy Corp.

/s/Grant Atkins
- -----------------
   Grant Atkins
   CFO, Director

                         Website: www.uraniumenergy.com
                          Email: info@uraniumenergy.com