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Cameco Plans $500 Million Equity Distribution
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Cameco Plans $500 Million Equity Distribution

Cameco (TSE:CCO) has released an update.

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Cameco Corporation has entered into an equity distribution agreement, enabling it to issue and sell up to $500 million worth of common shares through a network of Canadian and U.S. agents. This strategic move allows Cameco to raise capital in a flexible manner, taking advantage of market conditions to optimize their financial position.

For further insights into TSE:CCO stock, check out TipRanks’ Stock Analysis page.

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