Purchase of 2 million lb U3O8 for US$32.23/lb

Yellow Cake, is pleased to announce that pursuant to Kazatomprom’s offer of 12 June 2021 (previously announced),the Company has signed the agreement with Kazatomprom to purchase a further 2.0 million lb of U3O8 at a price of US$32.23/lb for a total consideration of US$64.5 million