Statement re: Section 232 Decision on U.S. Uranium Imports
Yellow Cake notes the decision by President Donald Trump to implement no new trade restrictions on uranium imports into the United States following the Section 232 investigation into the matter.
Exercise of Kazatomprom 2022 Option
Yellow Cake, a specialist company operating in the uranium sector, holding physical uranium for the long term, is pleased to announce that following the completion of the approximately £62 million share placing on 7 February 2023, it has informed JSC National Atomic Company Kazatomprom (“Kazatomprom”) that it has elected to purchase 1,350,000 lb of U3O8 at a price of US$48.90/lb as part of its 2022 uranium purchase option under its agreement with Kazatomprom (the “Framework Agreement”).
Purchase of 2 million lb U3O8 for US$32.23/lb
Yellow Cake, is pleased to announce that pursuant to Kazatomprom’s offer of 12 June 2021 (previously announced),the Company has signed the agreement with Kazatomprom to purchase a further 2.0 million lb of U3O8 at a price of US$32.23/lb for a total consideration of US$64.5 million
Purchase of Additional Uranium
Yellow Cake, a specialist company operating in the uranium sector, with a view to holding physical uranium for the long term, is pleased to announce that it has purchased 343,053 lb of U3O8 in the market at a price of $29.15/lb for total consideration of US$10 million. Yellow Cake will take delivery of the U3O8 […]
Exercise of Kazatomprom 2021 Option and Purchase of Additional Uranium
Yellow Cake is pleased to announce that following the completion of the upsized
US$140 million share placing on 2 March 2021
Yellow Cake begins US$10 million Share Buyback Programme
Yellow Cake is pleased to announce the initiation of its enlarged share buyback programme to purchase up to US$10 million of the Company’s Ordinary Shares over three months, commencing on 8 July 2020 (the “Programme”)
Substantial increase in share buyback programme
Yellow Cake announces that it has concluded an agreement to sell 300,000 lb U3O8 at an aggregate price of US$33.20/ lb.
COVID-19 and NAV discount
Yellow Cake makes a statement regarding the impact of COVID – 19 on its business activities and NAV.
Appointment of Director
The Board is pleased to confirm the appointment of Alexandra Nethercott-Parkes as an independent non-executive director with effect from 18th July 2019.
Purchase of Additional Uranium
Yellow Cake is pleased to announce that it has taken delivery of 1.175 million lbs of uranium from NAC Kazatomprom JSC
(“Kazatomprom”).
