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Yellow Cake acquires $10m worth of uranium oxide at $29.15/pound | 11 May 2021


11 May 2021 | 09:35am
StockMarketWire.com - Uranium investor Yellow Cake said it had it purchased 343,053 pounds of uranium oxide in the market for $10 million.
The uranium was acquired at a price of $29.15 per pound and delivery would be taken from Cameco s Port Hope and Blind River facility in Ontario, Canada, during May.
At 9:35am: [LON:YCA] Yellow Cake Plc Ord Gbp0.01 share price was 0p at 196p
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Small Cap Feast - Advance Energy; Yellow Cake and more...


 
Dish of the day
Glantus Holdings (AIM:GLAN) a provider of accounts payable automation and analytics solutions, has joined AIM. It is focusing on three product areas; Active AP Discovery, Intelligent AP Automation and Advanced AP Analytics, it utilises its internally developed data platform to offer an integrated solution for the finance function, accounts payable in particular. These solutions are offered to over 300 customers, more than 50 of which Glantus classifies as large enterprises. From 2019 to 2020 Revenues increased over 150% to EUR8.5m.  89% of 2020 revenues were recurring made up of a combination of subscriptions and transactional revenues. Issue price 102p raising £10m gross with £4m secondary. Mkt Cap £37m. ....

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Bacchus Capital Establishes North American Investment Banking Operations


Bacchus Capital Establishes North American Investment Banking Operations
Steven Latimer, former President of Jefferies Securities Inc. (Canada) and Head of Canadian Investment Banking, to join Bacchus Capital as Managing Director and Head of North America
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LONDON, May 10, 2021 /PRNewswire/ Bacchus Capital is pleased to announce that Steven Latimer has joined the firm as Managing Director and Head of Bacchus Capital s presence in the Americas. Steven will be based in Toronto and will focus on providing Bacchus Capital s new and existing clients with on-the-ground strategic, financial and tactical investment banking support, and advancing Bacchus Capital s Venture business in the region. He will work closely with Karr McCurdy, who is a member of the Bacchus Capital Senior Advisory Board, based in Denver, and with the Investment Banking team in the UK and globally. ....

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Sprott Inc. (SII) Q1 2021 Earnings Call Transcript


Operator
Good morning, ladies and gentlemen, and thank you for standing by. Welcome to Sprott Inc. s 2021 first-quarter results conference call. [Operator instructions] As a reminder, this conference is being recorded today, May 7th, 2021. On behalf of the speakers that follow, listeners are cautioned that today s presentation and the responses to questions may contain forward-looking statements within the meaning of the safe harbor provisions of the Canadian provincial securities law.
Forward-looking statements involve risks and uncertainties that undue reliance should not be placed on such statements. Certain material factors or assumptions are implied in making forward-looking statements, and actual results may differ materially from those expressed or implied in such statements. For additional information about factors that may cause actual results to differ materially from expectations and about material factors or assumptions applied in making forward-looking stateme ....

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Uranium Week: New Uranium Investment Vehicle


May 04 2021
As the uranium spot price rises 2.6% for the week, an exciting development unfolds for some Canadian shareholders and the broader uranium market.
-Uranium Participation Corp converts to a trust
-New more liquid vehicle to list on the NYSE
-Uranium spot price rise by 2.6% for the week
By Mark Woodruff
In a potentially significant uranium market development, Sprott Asset Management is taking over the management of Canadian-listed Uranium Participation Corp (UPC). Shareholders will become unit holders of the newly-formed entity Sprott Physical Uranium Trust.
UPC is the world’s largest publicly traded investment vehicle providing investors an opportunity to gain exposure to the price of uranium. As of March 31, 2021, UPC s holdings totaled approximately 16.27mlbs U3O8 and 300,000 kgU as UF6. ....

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