U.S. 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


                        Date of Report: February 1, 2006


                              URANIUM ENERGY CORP.
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        (Exact Name of Small Business Issuer as Specified in its Charter)


                                     NEVADA
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              (State or other Jurisdiction as Specified in Charter)


               333-127185                         98-0399476
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        (Commission file number)      (I.R.S. Employer Identification No.)


                                  Austin Centre
                           701 Brazos, Suite 500 PMB#
                               Austin, Texas 78701
                         -------------------------------
                    (Address of Principal Executive Offices)


                                  512.721.1022
                              --------------------
                           (Issuer's telephone number)

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

[ ] 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))




ITEM 5.03.  AMENDMENT TO ARTICLES OF INCORPORATION  OR BYLAWS;  CHANGE IN FISCAL
YEAR

Effective  February 1, 2006,  Uranium  Energy Corp., a Nevada  corporation  (the
"Company"),  filed an amendment to its articles of incorporation with the Nevada
Secretary  of  State.  The  amendment  revised  Section  3 of  the  articles  of
incorporation  increasing the authorized capital stock from 75,000,000 shares of
common stock at $0.01 par value to 750,000,000  shares of common stock par value
$0.001.

ITEM 9.01 FINANCIAL STATEMENTS AND EXHIBITS

(c) Exhibits

     3.01 Amendment to the Articles of Incorporation of Uranium Energy Corp.

SIGNATURES

In accordance with 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:  February 1, 2006                   By:/s/ AMIR ADNANI
                                          -------------------------------------
                                          Amir Adnani
                                          President and Chief Executive Officer