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Cameco Well Positioned To Self-Manage Its Financial Risks 2019 Outlook Unchanged

Saturday, 2 Mar 2019

March 1 (Reuters) - Cameco Corp ::CAMECO WELL POSITIONED TO SELF-MANAGE ITS FINANCIAL RISKS; 2019 OUTLOOK UNCHANGED.CAMECO CORP - TAKEN A NUMBER OF DELIBERATE ACTIONS TO REDUCE SUPPLY & STREAMLINE OPERATIONS.CAMECO CORP - ACTIONS HAVE ALLOWED CO TO PRESERVE VALUE OF TIER-ONE ASSETS, BUILD MORE THAN $1 BILLION OF CASH ON BALANCE SHEET.CAMECO CORP - EXPECT ACTIONS TO REDUCE SUPPLY AND STREAMLINE OPERATIONS WILL ALLOW CO TO CONTINUE TO GENERATE POSITIVE CASH FLOW IN 2019.

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