| New Director Appointed to Cameco’s Board | |
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Saskatoon, Saskatchewan, Canada, December 17, 2015
Cameco (TSX: CCO; NYSE: CCJ) announced today that its board appointed Don Kayne as a director effective January 1, 2016 until the next annual general shareholders' meeting where he will stand for election by the shareholders with the rest of the board.
Kayne is president and CEO of Canfor Corporation, as well as CEO of Canfor Pulp Products Inc. He has spent his entire career at Canfor and led the company's effort to develop markets for Canadian forest products in China.
'Don's expertise doing business in developing markets, such as China, will be very valuable to Cameco,' said board chair Neil McMillan. 'He is connected to important emerging markets around the world and we look forward to welcoming him to the board.'
Kayne is a director and past chair of the Forest Products Association of Canada, Council of Forest Industries, Alberta Forest Products Association and the BC Lumber Trade Council. In 2014, he was appointed to the bi-national Softwood Lumber Board. Mr. Kayne is also chair of the Educating Girls of Rural China Foundation, a charitable organization that works to improve the lives of women in rural areas of western China by providing access to education.
Profile
Cameco is one of the world's largest uranium producers, a significant supplier of conversion services and one of two Candu fuel manufacturers in Canada. Our competitive position is based on our controlling ownership of the world's largest high-grade reserves and low-cost operations. Our uranium products are used to generate clean electricity in nuclear power plants around the world. We also explore for uranium in the Americas, Australia and Asia. Our shares trade on the Toronto and New York stock exchanges. Our head office is in Saskatoon, Saskatchewan.
Investor inquiries:
Rachelle Girard
(306) 956-6403
Media inquiries:
Rob Gereghty
(306) 956-6190
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VanEck Vectors Global Alternative Energy ETF
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PRODUCER |
CODE : CCO.TO |
ISIN : CA13321L1085 |
CUSIP : 13321L108 |
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ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact Cpy |
Cameco is a uranium producing company based in Canada. Cameco produces uranium, cobalt, copper, nickel and zinc in Canada, in Finland and in Kazakhstan, develops uranium in Australia and in Canada, and holds various exploration projects in Canada. Its main assets in production are RABBIT LAKE, KEY LAKE, SMITH RANCH, CROW BUTTE, MCARTHUR RIVER (SASKATCHEWAN), MC ARTHUR RIVER and MCARTHUR RIVER MINE in Canada, INKAI and HIGHLAND in Kazakhstan and TALVIVAARA in Finland, its main assets in development are CIGAR LAKE and MILLENNIUM in Canada and KINTYRE in Australia and its main exploration properties are EAGLE POINT, DAWN LAKE, SMART LAKE, BOOMERANG and DAWSON in Canada. Cameco is listed in Canada, in Germany and in United States of America. Its market capitalisation is 2.7 billions as of today (US$ 2.0 billions, € 1.8 billions). Its stock quote reached its lowest recent point on December 26, 2003 at 10.02, and its highest recent level on September 19, 2024 at 55.94. Cameco has 47 442 200 shares outstanding. |