Cameco Not Aware of Reasons for Sharp Price Increases.SASKATOON Saskatoon (săskət  n`), city (1991 pop. 186,058), S central Sask., Canada, on the South Saskatchewan River. , Saskatchewan--(BUSINESS WIRE)--Jan. 30, 1996--CAMECO CORPORATION(TSE See Tokyo Stock Exchange. TSE 1. See Tokyo Stock Exchange (TSE). 2. See Toronto Stock Exchange (TSE). , ME: CCO (Chief or Corporate Compliance Officer) The executive person in charge of compliance issues, regulatory requirements, internal controls and managing audits within an enterprise or organization. ) Cameco Corporation today stated that it is not aware of any company developments that would lead to the significant rise in its share price. The company's shares opened trading today at $62 1/2 and by mid-morning had reached $69 7/8 on relatively small volumes on the Toronto stock exchange Toronto Stock Exchange (TSE) Canada's largest stock exchange, trading approximately 1,200 company stocks and 33 options. . Cameco shares have increased steadily in value moving from $51 1/8 on January 3 to $62 3/8 at the close of trading on January 29. Cameco Corporation is the world's largest publicly traded uranium company and a growing gold producer. The company's uranium products are used to generate electricity in nuclear power plants around the world, providing one of the cleanest sources of energy available today. CONTACT: Cameco Corporation Alice Wong, Manager, Investor Relations, 306/956-6337 306/956-6318 (fax) |
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