Cameco Adds Board Member and Declares Fourth Quarter Dividend.Business Editors SASKATOON Saskatoon (săskət  n`), city (1991 pop. 186,058), S central Sask., Canada, on the South Saskatchewan River. , Saskatchewan--(BUSINESS WIRE)--Dec. 5, 2003 Cameco Corporation announced today that its board of directors appointed Oyvind Hushovd as a board member until the next shareholders' meeting shareholders' meeting n. a meeting, usually annual, of all shareholders of a corporation (although in large corporations only a small percentage attend) to elect the Board of Directors and hear reports on the company's business situation. . Oyvind Hushovd is currently the chairman and chief executive officer of Gabriel Resources Gabriel Resources (TSX: GBU) is a multi-national mining firm based in Toronto. Gabriel Resources describes itself as "committed to responsible mining and sustainable development in the communities in which it operates. and previously held the position of president and chief executive officer at Falconbridge Ltd. He joins 11 other directors: John S. Auston, Joe F. Colvin, Harry D. Cook, James Cook, James, 1728–79, English explorer and navigator. The son of a Yorkshire agricultural laborer, he had little formal education. After an apprenticeship to a firm of shipowners at Whitby, he joined (1755) the royal navy and surveyed the St. R. Curtiss, George S. Dembroski, Gerald W. Grandey, Nancy E. Hopkins, J.W. George Ivany, A. Neil McMillan, Robert W. Peterson and Victor J. Zaleschuk who is Cameco's chair. Cameco's board also declared a quarterly dividend of $0.150 (Cdn) per share, payable on January 15, 2004 to shareholders of record on December 31, 2003. Cameco, with its head office in Saskatoon, Saskatchewan, is the world's largest uranium supplier. The company's uranium products are used to generate electricity in nuclear energy plants around the world, providing one of the cleanest sources of energy available today. Cameco's shares trade on the Toronto and New York stock exchanges New York Stock Exchange (NYSE) World's largest marketplace for securities. The exchange began as an informal meeting of 24 men in 1792 on what is now Wall Street in New York City. . |
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