F8K08242011

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

FORM 8-K

CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

August 24, 2011
Date of Report (Date of earliest event reported)

URANIUM ENERGY CORP.
(Exact name of registrant as specified in its charter)

Nevada
(State or other jurisdiction of incorporation)

001-33706
(Commission File Number)

98-0399476
(IRS Employer Identification No.)

1111 West Hastings Street, Suite 320
Vancouver, British Columbia, Canada
(Address of principal executive offices)


V6E 2J3
(Zip Code)

(604) 682-9775
Registrant's telephone number, including area code

Not applicable.
(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

X ]

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

[     ]

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

[     ]

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

[     ]

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))


TABLE OF CONTENTS

Item

Description

1.01

Entry into a Material Definitive Agreement

9.01

Financial Statement and Exhibits


SECTION 1 - REGISTRANT'S BUSINESS AND OPERATIONS

Item 1.01     Entry into a Material Definitive Agreement.

On August 24, 2011 Uranium Energy Corp. (the "Company" or "UEC") and Uranium One USA Inc. ("Uranium One") entered into a Data Purchase and Sale Agreement (the "Agreement"), dated effective August 19, 2011, which, subject to prior regulatory approval, provides for the acquisition by the Company of a certain South Texas Goliad database package from Uranium One (the "Database").

Pursuant to the terms of the Agreement the consideration to be paid by the Company to Uranium One for the Database shall consist of a cash payment of $400,000.00 together with 159,236 shares of the Company's common stock.

The foregoing description of the Agreement is not complete and is qualified in its entirety by reference to the Agreement, which is filed as Exhibit 10.1 hereto.

SECTION 9 - FINANCIAL STATEMENTS AND EXHIBITS

Item 9.01     Financial Statements and Exhibits

Exhibit No.

Description

10.1

Data Purchase and Sale Agreement between Uranium One USA, Inc. and Uranium Energy Corp.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

URANIUM ENERGY CORP.

DATE: August 30, 2011.

By:     /s/ Mark Katsumata
          Mark Katsumata
         Secretary, Treasurer and CFO