Uranium Equities partners with Cameco

email Email  Print Print  
Mon, Nov 9, 2009
Uranium Company News
Post by Melissa Pistilli, Uranium Reporter

Uranium Equities, South Australian based company has secured funding of up to US$16.5 million through uranium giant Cameco Corporation for the ongoing development and commercialisation of the PhosEnergy Process.

Under the deal, Cameco will have the right to earn up to 70% of UEQ’s right to take a 90% stake in the technology in two tranches.

Saskatchewan-based Cameco is one of the world’s largest uranium producers and suppliers of conversion services.

For full details of this press release, click this link.

Follow developments in uranium mining and exploration for free.

Sign on to the Uranium Investing Newsletter.

Questions about this article? Leave a comment below or contact our editorial team at editor@resourceinvestingnews.com.

Leave a Comment

What is Uranium Investing News' Comment Policy?
Uranium Investing News pre-moderates comments on our blog posts and post-moderates comments on news stories. We never censor comments based on political or ideological point of view. We only delete those comments that include the following transgressions:

  • Are abusive, off-topic, use excessive foul language
  • Include ad hominem attacks including comments that celebrate the death or illness of any person, public figure or otherwise
  • Contain racist, sexist, homophobic and other slurs
  • Are solicitations and/or advertising for personal blogs and websites
  • Thread spamming (you've posted this same comment elsewhere on the site)
  • Are posted with the explicit intention of provoking other commenters or the staff at Uranium Investing News
  • Contains content that may infringe the copyright or intellectual property rights of others or other applicable laws or regulations.
Areva bayswater uranium Cameco Cameco Corp. hathor exploration nuclear nuclear energy nuclear industry nuclear power Nuclear power plants nuclear reactors nuclear sector price of uranium spot uranium u3o8 u308 Uranium uranium assays Uranium demand uranium deposit Uranium Exploration uranium industry uranium investing uranium market uranium markets uranium mine uranium mineralization uranium miners uranium mines uranium mining Uranium One Uranium Ore uranium per pound uranium price uranium prices uranium production uranium project uranium projects uranium properties Uranium Resources uranium sales uranium sector uranium spot price Uranium Stocks uranium supply
Asides

Information