Purchase of additional uranium

Yellow Cake, a specialist company operating in the uranium sector with a view to holding physical uranium for the long term, is pleased to announce the purchase of 350,000 lb of uranium from NAC Kazatomprom JSC at a price of US$23.30/lb.

Closing of IPO and Receipt of Uranium

Yellow Cake notes the decision by President Donald Trump to implement no new trade restrictions on uranium imports into the United States following the Section 232 investigation into the matter.