TSX Trading symbol: U
(in thousands of Canadian dollars, except quantity amounts) | Quantity | Fair Value | ||
Investments in Uranium: | ||||
Uranium oxide in concentrates ("U3O8") | 16,269,658 lbs | $ | 616,719 | |
Uranium hexafluoride ("UF6") | 300,000 KgU | $ | 36,940 | |
$ | 653,659 | |||
U3O8 fair value1 per pound: | ||||
- In Canadian dollars1 | $ | 37.91 | ||
- In | $ | 31.40 | ||
UF6 fair value1 per KgU: | ||||
- In Canadian dollars1 | $ | 123.13 | ||
- In | $ | 102.00 | ||
1 Fair values are month-end spot prices published by |
On the last trading day of
About
Caution Regarding Forward-Looking Information
This press release contains certain forward-looking statements and forward-looking information that are based on UPC's current internal expectations, estimates, projections, assumptions and beliefs. Forward-looking statements generally can be identified by the use of forward-looking terminology such as "may", "will", "expect", "intent", "estimate", "anticipate", "plan", "should", "believe" or "continue" or the negative thereof or variations thereon or similar terminology and include statements with respect to UPC's investment objectives and its uranium holdings.
By their very nature, forward-looking statements involve numerous factors, assumptions and estimates. A variety of factors, many of which are beyond the control of UPC, may cause actual results to differ materially from the expectations expressed in the forward-looking statement. These factors include, but are not limited to, changes in commodity prices and foreign exchange. For a description of the principal risks of UPC, see "Risk Factors" in UPC's Annual Information Form dated
These and other factors should be considered carefully, and readers are cautioned not to place undue reliance on these forward-looking statements. Although management reviews the reasonableness of its assumptions and estimates, unusual and unanticipated events may occur which render them inaccurate. Under such circumstances, future performance may differ materially from those expressed or implied by the forward-looking statements. Except where required under applicable securities legislation, UPC does not undertake to update any forward-looking information statement.
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