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International Enexco reports: events at Mann Lake uranium property
Mar. 18, 2009 09:39AM PST
Market NewsInternational Enexco reports the change in Mann Lake Strategic Alliance ownership structure. The Strategic Alliance structure is now 30% Enexco, 52.5% Cameco Corp. and 17.5% Areva. UEM is owned 50% by Cameco and 50% by Areva, therefore the change in structure does not change the beneficial ownership of the Mann Lake Project. Areva trades on the Paris Stock …
International Enexco reports the change in Mann Lake Strategic Alliance ownership structure.
The Strategic Alliance structure is now 30% Enexco, 52.5% Cameco Corp. and 17.5% Areva. UEM is owned 50% by Cameco and 50% by Areva, therefore the change in structure does not change the beneficial ownership of the Mann Lake Project. Areva trades on the Paris Stock Exchange and reported revenues of 13.2 billion euros in 2008.
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