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PILOT ADVISORS LP
> UEC
| Date | Name | Ticker | Shares | Change | Value | Change | Price |
| 03/31/2012 | URANIUM ENERGY CORP | UEC | 68,667 | 7,867 | 268,000 | 101,000 | $3.90 |
| 12/31/2011 | URANIUM ENERGY CORP | UEC | 89,667 | 28,867 | 274,000 | 107,000 | $3.06 |
| 09/30/2011 | URANIUM ENERGY CORP | UEC | 60,800 | 30,000 | 167,000 | 73,000 | $2.75 |
| 06/30/2011 | URANIUM ENERGY CORP | UEC | 30,800 | 30,800 | 94,000 | 94,000 | $3.05 |
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