U.S. SECURITIES AND EXCHANGE COMMISSION

                              WASHINGTON, DC 20549

                                   FORM 12b-25

                           NOTIFICATION OF LATE FILING
                                  (Check One):

     [ ] Form 10KSB [ ] Form 20F [ ] Form 11K [X] Form 10QSB [ ] Form N-SAR

                         For Period Ended: June 30, 2006

                      [ ] Transition Report on Form 10-KSB
                      [ ] Transition Report on Form 20-F
                      [ ] Transition Report on Form 11-K
                      [ ] Transition Report on Form 10-QSB
                      [ ] Transition Report on Form N-SAR

For the Transition Period Ended:

Read Attached Instruction Sheet Before Preparing Form.  Please Print or Type.

Nothing in this form shall be construed to imply that the Commission has
verified any information contained herein.

If the notification relates to a portion of the filing checked above, identify
the Item(s) to which the notification relates:

Not applicable.

________________________________________________________________________________

PART I - REGISTRANT INFORMATION
________________________________________________________________________________

Full Name of Registrant:            URANIUM ENERGY CORP.

Former Name if Applicable:

Address of Principal Executive
Office (Street and Number):         Austin Centre
                                    701 Brazos, Suite 500 PMB#

City, State and Zip Code:           Austin, Texas 78701

________________________________________________________________________________

PART II - RULES 12b-25(b) and (c)
________________________________________________________________________________

If the subject report could not be filed without unreasonable effort or expense
and the registrant seeks relief pursuant to Rule 12b-25(b), the following should
be completed. (Check box if appropriate)

[ ]  (a)  The reasons described in reasonable detail in Part III of
          this form could not be eliminated without unreasonable effort or
          expense;

[X] (b)   The subject annual report, semi-annual report, transition
          report on Form 10-KSB, Form 20-F, 11-K or Form N-SAR, or
          portion thereof will be filed on or before the fifteenth
          calendar day following the prescribed due date; or the
          subject quarterly report or transition report on Form 10-QSB,
          or portion thereof will be filed on or before the fifth
          calendar day following the prescribed due date; and

[ ]  (c)  The accountant's statement or other exhibit required by Rule
          12b-25(c) has been attached if applicable.



________________________________________________________________________________

PART III - NARRATIVE
________________________________________________________________________________

State below in reasonable detail the reasons why the Form 10-KSB, 20-F, 11-K,
10-QSB or N-SAR or the transition report or portion thereof could not be filed
within the prescribed period.

     Management of Uranium Energy Corp., a Nevada corporation (the "Company"),
deems additional time is appropriate and necessary due to the increased scale
and scope of operational activity the Company has recently experienced to ensure
that full and complete information is provided by the Company to its independent
public accountants in order to have its financial statements for the six-month
period ended June 30, 2006 completed, properly prepared and reviewed, and to
ensure complete and thorough and accurate disclosure of all material facts in
its Quarterly Report on Form 10-QSB.

________________________________________________________________________________

PART IV - OTHER INFORMATION
________________________________________________________________________________

     (1)  Name and telephone number of person to contact in regard to this
          notification: Diane D. Dalmy  303.985.9324.

     (2)  Have all other period  reports  required  under  section 13 or
          15(d) of the Securities Exchange Act of 1934 or section 30 of
          the Investment Company Act of 1940 during the preceding 12
          months or for such shorter period that the registrant was
          required to file such reports(s) been filed? If the answer is
          no, identify report(s).

            [X] Yes [ ] No.

     (3)  Is it anticipated that any significant change in results of
          operations from the corresponding period for the last fiscal
          year will be reflected by the earnings statements to be
          included in the subject report or portion thereof?

            [ ] Yes [X] No

          If so: attach an explanation of the anticipated  change,  both
          narratively and quantitatively, and, if appropriate, state the
          reasons why a reasonable estimate of the results cannot be made.

________________________________________________________________________________

                              URANIUM ENERGY CORP.
                  ____________________________________________
                  (Name of Registrant as Specified in Charter)

has caused this notification to be signed on its behalf by the undersigned
thereunto duly authorized.



Date: August 14, 2006                 By: /s/ AMIR ADNANI
      _______________                 ___________________________________
                                           Amir Adnani
                                           Chief Executive Officer


INSTRUCTION: The form may be signed by an executive officer of the registrant or
by any other duly authorized representative. The name and title of the person
signing the form shall be typed or printed beneath the signature.

If the statement is signed on behalf of the registrant by an authorized
representative (other than an executive officer), evidence of the
representative's authority to sign on behalf of the registrant shall be filed
with the form.

                                    ATTENTION

Intentional misstatements or omissions of fact constitute Federal Criminal
Violations (See 18 U.S.C. 1001)