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Cameco's vision is to be a dominant nuclear energy company producing uranium fuel and generating clean electricity. Our key strategy to deliver this vision is to sustain and grow uranium production in a way that is safe, clean, cost-effective and communit

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BREAKING NEWS OUT OF 2 AGORACOM CLIENTS

Namaste Acquires Australian Vaporizers and Increases Bought Deal to $7.5M

  • Entered into a definitive agreement with Australian Vaporizers PTY Limited
  • Company’s website www.australianvaporizers.com.au has approximately 80% of the market share
  • For period ended June 30, 2016, the company produced approximately $4.5 million of revenue and $1.1 million of EBITDA

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Hub On AGORACOM / Read Release

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Durango Receives Offers On Windfall Gold Camp Property

STOCK UP 176% ON THE DAY!!!

Last: $0.18 Up: $0.115

Vol. 21.5M Shares

  • Received two offers this week on its Trove Property located in the Windfall Lake
  • 100% wholly owned Trove Property adjoins Osisko Mining (TSX-OSK) in the Windfall-Urban gold camp where Osisko is drilling a 400,000 metre program
  • Trove also adjoins Beaufield Resources (TSX.V-BFD) which holds multiple projects in the area and currently have drill programs underway 

 

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Hub On AGORACOM / Read Release

Message: Chairman Zaleschuk to Step Down at Annual Meeting

By Christopher Donville -

March 8, 2013

Cameco Corp. (CCO), the world’s third- largest uranium producer, said Chairman Victor Zaleschuk will step down at the company’s next annual meeting.

A. Neil McMillan, a member of the Canadian company’s board of directors since 2002, will replace Zaleschuk, Saskatoon, Saskatchewan-based Cameco said today in a statement. Zaleschuk will continue to be a director, if re-elected at the May 14 meeting, the company said.

“It’s time for me to step down as chair to assure healthy renewal of board leadership,” Zaleschuk, who served as chairman for a decade, said in the statement.

The change comes as the uranium industry grapples with depressed prices for the nuclear reactor fuel component following meltdown of three reactors in Japan after the March 2011 earthquake and tsunami. The move also comes as Cameco prepares to begin output from its Cigar Lake uranium mine in Saskatchewan, a projected delayed by a series of underground floods beginning in 2006.

Cameco fell 0.3 percent to C$21.49 at 11:43 a.m. in Toronto. The shares have risen 9.7 percent this year.

Kazatomprom, Kazakhstan’s state-owned producer, and Paris- based Areva SA (AREVA) are the biggest uranium miners as of 2011, the most recent data available from the World Nuclear Association.

To contact the reporter on this story: Christopher Donville in Vancouver at cjdonville@bloomberg.net

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