Cameco Renews At-the-Market Equity Program for Up to USD 1 Billion
Bitget2026/11/06 01:25- Cameco renewed its at-the-market equity program to issue up to USD 1 billion, or its Canadian dollar equivalent, in common shares.
- The equity distribution agreement names TD Securities, CIBC and Scotia Capital affiliates as agents.
- Sales will occur at prevailing market prices at its discretion through December 5, 2029, unless the program is fully utilized or terminated earlier.
- Net proceeds are expected to fund development opportunities, acquisitions, debt repayment or general corporate purposes.
- The broader shelf filings permit securities offerings totaling up to USD 3 billion, or equivalent, over 37 months.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
AI trading rebounds; storage chip and optical communication stocks rise broadly in U.S. pre-market, CoreWeave surges 17%, oil prices stabilize.
Before the US stock market opened, CoreWeave rose about 17% as its Q3 revenue exceeded expectations and the company raised its annual revenue guidance. Storage chip stocks generally increased, with SK Hynix up about 7% and SanDisk up about 7%. Optical communication stocks also rose, with Coherent up about 9%, Credo up about 8%, and Lumentum up about 8%. Futures for all three major US stock indexes were up: Nasdaq 100 index futures rose 1.6%, S&P 500 index futures rose 0.7%, and Dow Jones index futures rose 0.2%.