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BRIEF-Uravan Minerals has been informed that Cameco will not to fund Athabasca Basin Stewardson project for 2017
February 9, 2017 / 6:53 PM / in 8 months

BRIEF-Uravan Minerals has been informed that Cameco will not to fund Athabasca Basin Stewardson project for 2017

Feb 9 (Reuters) - Uravan Minerals Inc

* Uravan Minerals Inc. - update - Stewardson Project

* Has been informed that Cameco has elected not to fund exploration expenditures on co’s Athabasca Basin Stewardson project for 2017

* Cameco has until April 2018 to complete first option to earn a 51% interest by funding $7 million in exploration expenditures

* co proposed Cameco allow co to fund exploration expenditures on Stewardson project for 2017 to April 2018 when option expires

* Several proposals designed to amend current option between the companies are being discussed and negotiated Source text for Eikon: Further company coverage:

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