Yellow Cake PLC - investor in uranium founded by Bacchus Capital Advisers - Takes delivery of 1.4 million pounds of triuranium octoxide from JSC National Atomic Co Kazatomprom at the Cameco storage facility in Canada. Says this follows its previously announced exercise of its 2022 uranium purchase option under an agreement with Kazatomprom to purchase 1.4 million pounds of triuranium octoxide at a price of USD48.90 per pound. This is worth an aggregate USD66.0 million. Says Kazatomprom delivered the triuranium octoxide in accordance with the agreed schedule. Yellow Cake now holds 20.2 million pounds of triuranium octoxide in storage in Canada and France.
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