Canadian Banc Corp. Announcing TSX Acceptance of Normal Course Issuer Bid; Representing 10% of Public Float

Cameco Increases Stake in Cigar Lake to 57.4%

Cameco (CCO.TO) and Orano will acquire Tepco Resources' 5% iinterest in the Cigar Lake joint venture, the company said on Monday.Cameco will lift its stake by 2.87 percentage points to 57.42%, and Orano's stake will rise from by 2.13 percentage points to 42.58%, a statement said.Cameco will pay $115.75 million to acquire its share of Tepco's interest. The transaction is expected to close in the third quarter of this year.Cigar Lake's reserve and resource base includes proven and probable reserves estimated at 172.4 million pounds of U3O8, measured and indicated resources of 26.3 million pounds, and inferred resources of 20.0 million pounds.Cameco's 2026 production outlook for the Cigar Lake mine is between 17.5 million and 18 million pounds of uranium concentrate (U3O8) on a 100% basis."Cigar Lake is among the world's best uranium mines, producing the highest-grade uranium ore from a safe, reliable, and cost-effective operation," said Cameco's chief executive Tim Gitzel. "Increasing our ownership in this world-class, tier-one asset further demonstrates our commitment to our strategy, with scarce, licensed, permitted assets like Cigar Lake playing an essential role in fueling global ambitions to expand nuclear energy generation."Cameco shares were last seen down US$1.13, to US$111.48, in New York trading.

Perpetua Resources Advancing Construction of the Stibnite Gold Project

Nano One Materials Announces Retirement of Founder and CEO Dan Blondal; President & Chief Strategy Officer Alex Holmes Appointed as CEO

Nano One Materials (NANO.TO) said Monday that Dan Blondal, founder and chief executive officer, will retire from his executive management and board director role effective June 12, 2026.Alex Holmes, currently president and chief strategy officer, will assume the role of chief executive officer on the same date and join as a director on the board, added the company."Mr. Blondal will continue to support the Company in an advisory capacity following his retirement," said the company.Holmes was appointed president and chief strategy officer in February 2026, having previously served as chief operating officer since 2021, said the company. He draws on nearly 25 years of experience in capital markets and corporate leadership, including approximately ten years in investment banking and senior executive roles at several public companies focused on critical minerals and technology, stated the company.Blondal founded Nano One in 2011 and has served as chief executive officer since the company's inception, it added.