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*Cue Resources Ltd. 
Listed Company 

CUE RESOURCES LTD. ("CUE")
BULLETIN TYPE: Plan of Arrangement- Change in Share type/classification or other attributes, Delist
BULLETIN DATE: April 2, 2012
TSX Venture Tier 2 Company

Plan of Arrangement:

TSX Venture Exchange Inc. (the "Exchange") has accepted for filing documentation in connection with a plan of arrangement (the "Arrangement") to be conducted under the provisions of the Business Corporations Act (British Columbia) pursuant to the terms of an arrangement agreement dated January 20, 2012 between Cue Resources Ltd. ("Cue") and Uranium Energy Corp. ("UEC"). Upon completion of the Arrangement, UEC will acquire all of the issued and outstanding Cue shares, and Cue will become a wholly-owned subsidiary of UEC. As a result of the Arrangement, each Cue Shareholder (other than a dissenting shareholder) will receive 0.0195 of one UEC share for each Cue share they hold.

The Exchange has been advised that approval of the Arrangement by shareholders of Cue was received at a special meeting of the shareholders held on March 26, 2012 and that approval of the Arrangement was received from the Supreme Court of British Columbia on March 28, 2012. The full particulars of the Arrangement are set forth in Cue's Management Information Circular dated February 23, 2012 which is available under Cue's profile on SEDAR.

Cue and UEC closed the Arrangement on March 30, 2012.

Delist:

In conjunction with the closing of the Arrangement, Cue has requested that its common shares be delisted. Accordingly, effective at the close of business on Monday, April 2, 2012, the common shares of Cue Resources Ltd. will be delisted from the Exchange.
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