Yellow Cake announced that, on 30 June 2022, it took delivery of 950,000 lb of U3O8 from Kazatomprom at the Cameco storage facility in Canada. The delivery is pursuant to the previously announcedofferfromKazatomprom of26October2021and the subsequent agreement pursuant to whichtheCompanyagreed to purchase 950,000 lb of U3O8 at a price of USD47.58/lb for a total consideration of USD45,201,000. Kazatomprom delivered the U3O8 from Kazakhstan in accordance with the agreed schedule.
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