SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13D
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(Rule 13d-101)
INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT
TO RULE 13d-1(a) AND AMENDMENTS THERETO FILED PURSUANT TO
RULE 13d-2(a)
URANIUM ENERGY CORP.
(Name of Issuer)
Common Stock -- par value $0.001
(Title of Class of Securities)
0001334933
(CUSIP Number)
Diane D. Dalmy, Esq.
8965 W. Cornell Place
Lakewood, Colorado 80227
303.985.9324
(Name, Address and Telephone Number of Person
Authorized to Receive Notices and Communications)
December 5, 2005
(Date of Event Which Requires Filing of This Statement)
If the filing person has previously filed a statement on Schedule 13G to
report the acquisition which is the subject of this Schedule 13D, and is filing
this schedule because of Rule 13d-1(e), 13d-1(f) or 13d-1(g), check the
following box [ ].
Note. Schedules filed in paper format shall include a signed original and
five copies of the schedule, including all exhibits. See Rule 13d- 7(b) for
other parties to whom copies are to be sent.
(Continued on following pages)
(Page 1 of 5 Pages)
__________________
1 The remainder of this cover page shall be filled out for a reporting
person's initial filing on this form with respect to the subject class of
securities, and for any subsequent amendment containing information which would
alter disclosures provided in a prior cover page.
The information required on the remainder of this cover page shall be
deemed to be "filed" for the purpose of Section 18 of the Securities Exchange
Act of 1934 or otherwise subject to the liabilities of that section of the Act
but shall be subject to all other provisions of the Act (however, see the
Notes).
SCHEDULE 13D
______________________ _____________________
CUSIP No. 0001334933 Page 2 of 5 Pages
______________________ _____________________
________________________________________________________________________________
1 NAME OF REPORTING PERSON:
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
James D. Davidson
________________________________________________________________________________
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [ ]
(b) [ ]
________________________________________________________________________________
3 SEC USE ONLY
________________________________________________________________________________
4 SOURCE OF FUNDS
Subscription Agreements
________________________________________________________________________________
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEMS 2(d) or 2(e) [ ]
________________________________________________________________________________
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Canada
________________________________________________________________________________
7 SOLE VOTING POWER
727,667 Shares of Common Stock
NUMBER OF ____________________________________________________
SHARES 8 SHARED VOTING POWER
BENEFICIALLY 0
OWNED BY
EACH ____________________________________________________
REPORTING PERSON 9 SOLE DISPOSITIVE POWER
WITH 727,667 Shares of Common Stock
____________________________________________________
10 SHARED DISPOSITIVE POWER
0
________________________________________________________________________________
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
727,667 Shares of Common Stock
________________________________________________________________________________
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES [ ]
________________________________________________________________________________
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
6.00%
________________________________________________________________________________
14 TYPE OF REPORTING PERSON
IND
________________________________________________________________________________
This original Schedule 13D statement (the "Schedule") is filed on behalf of
James D. Davidson, an individual ("Davidson"), as the reporting person
hereunder, relative to the acquisition by Davidson of certain shares of common
stock issued by Uranium Energy Corp. Davidson has not made any previous filings
on Schedule 13D relating to this acquisition or issuer.
ITEM 1. SECURITY AND ISSUER.
This Schedule relates to the voting common stock, $0.001 par value, of
Uranium Energy Corp., a Nevada corporation ("Uranium Energy"). Uranium Energy
maintains its principal executive offices at Austin Centre, 701 Brazos, Suite
500 PMB#, Austin, Texas 78701.
ITEM 2. IDENTITY AND BACKGROUND
This Schedule is being filed by James D. Davidson, an individual and
citizen of the United States of America. The business address of Davidson is 455
Barstow Road, Prince Frederick, Maryland 20678.
Pursuant to General Instruction C of Schedule 13D, Davidson (the
"Instruction C Person") and the information specified in items (a) through (f)
of Item 2 with respect to such Instruction C Person, are as follows:
________________________________________________________________________________
Name Position with Business Address
Uranium Energy
________________________________________________________________________________
James D. Davidson Shareholder 455 Barstow Road
Prince Prederick,
Maryland 20678
________________________________________________________________________________
Davidson has the sole right to control the disposition of and vote the
Uranium Energy securities acquired.
During the last five (5) years, no Instruction C Person has been convicted
in a criminal proceeding (excluding traffic violations or similar misdemeanors)
nor has been a party to a civil proceeding of a judicial or administrative body
of competent jurisdiction or become subject to a judgment, decree or final order
enjoining future violations of, or prohibiting or mandating activities subject
to, federal or state securities laws or finding any violation with respect to
such laws.
ITEM 3. SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION
At the execution of two subscription agreements dated February 5, 2004, and
April 7, 2004, respectively, between Uranium Energy and Davidson (collectively,
the "Subscription Agreements"), an aggregate of 727,667 shares of restricted
common stock of Uranium Energy were issued to Davidson. The consideration for
the securities of Uranium Energy was the payment of cash.
ITEM 4. PURPOSE OF TRANSACTION
The transaction described herein was undertaken for the purpose of engaging
in a private placement of the shares of common stock of Uranium Energy.
Uranium Energy subsequently filed a registration statement on Form SB-2,
which was declared effective by the Securities and Exchange Commission on
December 5, 2005.
Pursuant to the instructions for items (a) through (j) of Item 4, Davidson
has plans as follows:
(a) As set forth in Item 3 of this Schedule, Davidson has acquired an
Aggregate of 727,667 shares of restricted common stock of Uranium
Energy. Davidson may consider the acquisition of additional securities
of Uranium Energy in the future but does not have any current plans to
do so.
(b) Davidson does not have any present plans or proposals to cause a
merger or effect a liquidation or reorganization of Uranium Energy or
to enter into extraordinary corporate transactions.
(c) Davidson does not have any present plans or proposals to cause a sale
or transfer of a material amount of assets of Uranium Energy.
(d) Davidson does not have any present plans or proposals to cause a
change in the present board of directors or in the management of
Uranium Energy, including any plans or proposals to change the number
or terms of directors or to fill any existing vacancies on the board.
(e) Davidson does not have any present plans or proposals to cause a
material change in the capitalization of Uranium Energy.
(f) Davidson does not have any present plans or proposals to make any
other material change to the business or corporate structure of
Uranium Energy.
(g) Davidson does not have any present plans or proposals to change
Uranium Energy's charter, bylaws or instruments corresponding thereto
or to take other actions that impede the acquisition of control of
Uranium Energy by any person.
(h) Davidson does not have any present plans or proposals to cause Uranium
Energy's common stock from not being quoted on the OTC Bulletin Board.
(i) Davidson does not have any present plans or proposals relating to a
class of securities of Uranium Energy becoming eligible for
termination of registration pursuant to Section 12(g)(4) of the
Securities Exchange Act of 1934.
(j) Davidson does not have any present plans or proposals to take any
action similar to any of those enumerated in (a) through (i) above.
ITEM 5. INTEREST IN SECURITIES OF THE ISSUER
(a) As of the close of business on December 5, 2005, Davidson beneficially
owned 727,667 shares (or approximately 6.00% of the outstanding
shares) of Uranium Energy's common stock.
(b) Davidson does not own any other common or preferred shares of Uranium
Energy as of the date of this Schedule. Davidson has the sole power to
vote or to direct the voting of the 727,667 common shares of Uranium
Energy.
(c) As of December 5, 2005, and within the sixty day period prior thereto,
to the best knowledge and belief of the undersigned, no transactions
involving Uranium Energy equity securities had been engaged in by
Davidson.
(d) To the best knowledge and belief of the undersigned, no person other
than Davidson has the right to receive or the power to direct the
receipt of dividends from, or the proceeds from the sale of, such
securities.
ITEM 6. CONTRACTS, ARRANGEMENTS, UNDERSTANDINGS OR RELATIONSHIPS WITH RESPECT TO
SECURITIES OF THE ISSUER
No contracts, arrangements, understandings or relationships between
Davidson exist with respect to securities of the issuer.
ITEM 7. MATERIAL TO BE FILED AS EXHIBITS
None.
SIGNATURES
After reasonable inquiry and to the best of my knowledge and belief, I
certify that the information set forth in this statement is true, complete and
correct.
Date: December 6, 2005 /s/ JAMES D. DAVIDSON
_____________________
James D. Davidson