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Yellow cake raises £99M to increase uranium holdings

Investors hungry for Yellow Cake shares

Oonagh Reidy
Yellow Cake has raised £99 million to fund the acquisition of 3.5 million pounds of uranium from Kazatomprom

Yellow Cake has raised £99 million to fund the acquisition of 3.5 million pounds of uranium from Kazatomprom

The funds will be used to acquire 3.5 million pounds of uranium at US$ 28.95/lb under its existing contract with Kazatomprom, boosting Yellow Cake's total uranium holdings to 12.8Mlbs.    Yellow Cake...

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