() has taken delivery of a shipment of 1.175mln pounds of uranium from NAC JSC.
The shipment comes after Yellow Cake exercised an existing option with Kazatomprom.
On 31 May 2019 the uranium was delivered and transferred to Yellow Cake at Corporation's Port Hope/Blind River facility in Ontario, Canada, where the material will be held in storage.
The total cost of this U3O8 purchase amounts to just over US$30mln.
Following completion of this transaction Yellow Cake owns around 9.62mln pounds of uranium.
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