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Cameco Corporation Announces Potential Share Sales Through ATM Program

authorIntellectia.AI

2024-11-131mins

Cameco Corporation has announced potential sales of common shares through its At-the-Market (ATM) Program. The company intends to use the proceeds from these sales to enhance its financial position and support its ongoing operations. Cameco is recognized as a leading global provider of uranium fuel essential for clean-air energy solutions. The company holds significant ownership in high-grade uranium reserves and low-cost operations, as well as investments in the nuclear fuel cycle, including interests in Westinghouse Electric Company and Global Laser Enrichment. Cameco shares are publicly traded on the Toronto and New York stock exchanges, with its headquarters located in Saskatoon, Saskatchewan, Canada. The forward-looking statements in the announcement highlight potential risks and uncertainties that could impact actual results. These include factors detailed in Cameco's filings with Canadian and U.S. securities regulators. The company emphasizes that these statements are based on current assumptions and estimates and are subject to change.

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