Cameco announced today that it has priced a private placement of senior unsecured debentures consisting of $400 million principal amount of 2.95% Senior Unsecured Debentures, Series H maturing on October 21, 2027 . The closing of the Offering is expected to take place on October 21, 2020. Cameco intends to use the net proceeds of the Offering to redeem, upon closing of the Offering, all of its outstanding 3.75% Senior [...]
Cameco will issue its third quarter results before markets open on Wednesday, November 4, 2020. Cameco invites investors and the media to join its third quarter conference call with the company's senior executives on Wednesday, November 4, 2020 at 8:00 a.m. Eastern. Cameco will discuss trends in the market and the execution of its strategy before opening the call to questions from investors and the media. To join the [...]
Cameco today reported its consolidated financial and operating results for the second quarter ended June 30, 2020 in accordance with International Financial Reporting Standards . “The coronavirus pandemic has had a significant impact on people and the economy around the world.” said Tim Gitzel, Cameco’s president and CEO. “Cameco too has felt the impact with the proactive shutdown of our operations resulting in an [...]
Cameco announced today that the Federal Court of Appeal has upheld the September 26, 2018 decision of the Tax Court of Canada . The 2018 decision, which had been appealed by Canada Revenue Agency , was unequivocally in Cameco’s favour in its dispute of reassessments issued by CRA for the 2003, 2005 and 2006 tax years. “We are very pleased that the Court of Appeal has unanimously upheld the Tax Court’s clear and decisive [...]
Cameco will issue its second quarter results before markets open on Wednesday, July 29, 2020. Cameco invites investors and the media to join its second quarter conference call with the company's senior executives on Wednesday, July 29, 2020 at 8:00 a.m. Eastern. Cameco will discuss trends in the market and the execution of its strategy. Please note that this quarter, to minimize the potential challenges of conducting the [...]
Cameco announced today that it is resuming production at its Port Hope Conversion Facility’s UF6 plant and its Blind River Refinery in Ontario. Both operations are planned to restart the week of May 18, 2020 and achieve regular production levels the week of May 25, 2020. On April 8, 2020, Cameco announced that these facilities would be placed in a temporary safe shutdown state for approximately four weeks and, where [...]
Cameco today reported its consolidated financial and operating results for the first quarter ended March 31, 2020 in accordance with International Financial Reporting Standards . “We are living in unprecedented and challenging times,” said Tim Gitzel, Cameco’s president and CEO. “The impact of the coronavirus pandemic has changed the world. “For more than 30-years protecting the health and safety of our employees, their [...]
Cameco has announced the election of nine board members at its annual meeting held on April 30, 2020. Shareholders elected board members Ian Bruce, Daniel Camus, Donald Deranger, Catherine Gignac, Tim Gitzel, Jim Gowans, Kathryn Jackson, Don Kayne and Anne McLellan. Voting Results for Cameco Directors Nominee Votes For % Votes For Withheld % Votes Withheld Ian Bruce 59,190,962 99.34% 391,465 0.66% Daniel Camus 58,678,163 [...]
Cameco announced today that it is extending the temporary production suspension at the Cigar Lake uranium mine in northern Saskatchewan as the effects of the global COVID-19 pandemic persist. Cameco announced on March 23 that the Cigar Lake operation was being placed in safe care and maintenance mode for four weeks, during which we would assess the status of the situation and determine whether to restart the mine or [...]
Cameco announced today that it is implementing a number of temporary operational changes at its fuel services division facilities in Ontario. The changes are due to the increasing challenge of maintaining an adequate workforce as a result of screening protocols and other measures put in place to align with the directives and guidance of government and public health authorities for the Coronavirus health crisis. The UF6 [...]
Cameco responded to the announcement issued today by JSC National Atomic Company “Kazatomprom” that it is reducing operational activities across all of its uranium mines for an expected period of three months due to the risks posed by the Coronavirus pandemic. According to Kazatomprom, this decision will result in a lower level of wellfield development activity and, as a result, an estimated reduction of up to 17.5% in [...]
Cameco reported today that it filed its annual report on Form 40-F with the US Securities and Exchange Commission. The document includes Cameco’s audited annual financial statements for the year ended December 31, 2019, its management’s discussion and analysis , and its Canadian annual information form . In addition, Cameco filed its AIF with Canadian securities regulatory authorities. Its audited annual financial [...]
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