Yellow Cake exercises option to buy $100m of uranium | 15 March 2021
15 March 2021 | 09:48am StockMarketWire.com - Uranium investor Yellow Cake said it had elected to exercise a $100 million uranium purchase option for 2021 with NAC Kazatomprom. The company had agreed to purchase the uranium oxide at $28.95 per pound. In addition, it had agreed to purchase a further 440,000 pounds at $27.34 per pound, for $12 million. Yellow Cake had the option to purchase up to $100 million of uranium oxide per year from Kazatomprom at an undisturbed spot price, through to 2027. At 9:48am: [LON:YCA] Yellow Cake Plc Ord Gbp0.01 share price was 0p at 196p Story provided by St...
Source: stockmarketwire.com