Cameco received notice today that Canada Revenue Agency has sought leave from the Supreme Court of Canada to appeal the June 26, 2020 decision of the Federal Court of Appeal, which found in favour of Cameco in its dispute of reassessments issued by CRA for the 2003, 2005 and 2006 tax years. “After two clear and decisive rulings in our favour from [...]
Cameco announced today that it has completed its previously announced private placement of debentures consisting of $400 million aggregate principal amount of 2.95% Senior Unsecured Debentures, Series H maturing on October 21, 2027 . The Series H Debentures bear interest at a rate of 2.95% per annum, payable semi-annually in arrears on April 21 and [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]