August 10, 2009 16:44 ET

Cameco Reports No Material Change in Centerra Gold Divestiture

SASKATOON, SASKATCHEWAN--(Marketwire - Aug. 10, 2009) - Cameco Corporation (TSX:CCO) (NYSE:CCJ) announced today that there are no undisclosed material developments related to the progress of divesting the company's interest in Centerra Gold Inc.

Cameco has consistently stated its intent to divest its shares in Centerra when the opportunity arose. Contrary to speculation, the company is not working with underwriters to draft a preliminary prospectus.

This statement was issued at the request of Investment Industry Regulatory Organization of Canada (IIROC), the national self-regulatory organization which oversees all investment dealers and trading activity on debt and equity marketplaces in Canada.

Cameco, with its head office in Saskatoon, Saskatchewan, is one of the world's largest uranium producers. 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.

Contact Information

  • Cameco Corporation
    Investor inquiries
    Bob Lillie
    (306) 956-6639
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    Lyle Krahn
    (306) 956-6316