Exhibit 2

May 11, 2017

Canadian Securities Administrators

Cameco Corporation

Annual Meeting May 11, 2017

Report of Voting Results

Under National Instrument 51-102

In accordance with Section 11.3 of National Instrument 51-102 – Continuous Disclosure Obligations, we advise of the results of the voting on the matters submitted to the annual meeting (the Meeting) of the shareholders (the Shareholders) of Cameco Corporation (the Corporation) held on May 11, 2017. Each of the matters set forth below is described in greater detail in the Notice for the Meeting and Management Proxy Circular mailed to Shareholders prior to the Meeting.

The matters voted upon at the Meeting and the results of the voting were as follows:

Item 1: Election of Directors

The following directors were elected to hold office for the ensuing year or until their successors are elected or appointed:

Ian Bruce	Jim Gowans
Daniel Camus	Kathryn Jackson
John Clappison	Don Kayne
Donald Deranger	Anne McLellan
Catherine Gignac	Neil McMillan
Tim Gitzel

Canadian Securities Administrators

May 11, 2017

Page 2

If a ballot vote had been taken, based upon proxy votes by Shareholders received by the Corporation, the voting results for the election of directors, both before and after giving effect to the twenty-five (25%) percent non-resident Shareholder voting restriction, would have been:

Vote Results Before Reduction of Non-resident Vote:

Nominee	Votes For		% Votes For			Withheld		% Votes Withheld
Ian Bruce		184,656,550		90.35	%		19,731,664		9.65	%
Daniel Camus		183,844,046		89.95	%		20,544,168		10.05	%
John Clappison		195,254,610		95.53	%		9,133,604		4.47	%
Donald Deranger		195,718,336		95.76	%		8,669,878		4.24	%
Catherine Gignac		196,875,479		96.32	%		7,512,735		3.68	%
Tim Gitzel		196,659,093		96.22	%		7,729,121		3.78	%
Jim Gowans		190,754,285		93.33	%		13,633,929		6.67	%
Kathryn Jackson		196,844,872		96.31	%		7,543,342		3.69	%
Don Kayne		183,641,643		89.85	%		20,746,571		10.15	%
Anne McLellan		184,466,912		90.25	%		19,921,302		9.75	%
Neil McMillan		183,247,266		89.66	%		21,140,948		10.34	%

Vote Results After Reduction of Non-resident Vote to 25%:

Nominee	Votes For		% Votes For			Withheld		% Votes Withheld
Ian Bruce		119,699,603		88.34	%		15,797,572		11.66	%
Daniel Camus		119,428,087		88.14	%		16,069,088		11.86	%
John Clappison		130,301,787		96.17	%		5,195,388		3.83	%
Donald Deranger		131,290,921		96.90	%		4,206,253		3.10	%
Catherine Gignac		131,907,796		97.35	%		3,589,379		2.65	%
Tim Gitzel		131,701,960		97.20	%		3,795,215		2.80	%
Jim Gowans		127,924,104		94.41	%		7,573,071		5.59	%
Kathryn Jackson		131,897,225		97.34	%		3,599,950		2.66	%
Don Kayne		119,213,443		87.98	%		16,283,732		12.02	%
Anne McLellan		119,565,192		88.24	%		15,931,982		11.76	%
Neil McMillan		118,299,999		87.31	%		17,197,175		12.69	%

Item 2: Appointment of Auditors

By a vote by way of show of hands, KPMG LLP was appointed auditors of the Corporation to hold office until the next annual meeting of Shareholders, or until their successors are appointed.

If a ballot vote had been taken, based upon proxy votes by Shareholders received by the Corporation, the voting results for appointment of auditors, both before and after giving effect to the twenty-five (25%) percent non-resident Shareholder voting restriction, would have been:

Canadian Securities Administrators

May 11, 2017

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Vote Results Before Reduction of Non-resident Vote:

Votes For	% Votes For	Votes Withheld		% Votes Withheld
225,363,781	95.22%		11,304,443	4.78%

Vote Results After Reduction of Non-resident Vote to 25%:

Votes For	% Votes For	Votes Withheld		% Votes Withheld
137,969,459	96.10%		5,597,718	3.90%

Item 3: Executive Compensation

On a vote by ballot, an advisory resolution was passed accepting the approach to executive compensation disclosed in Cameco’s Management Proxy Circular delivered in advance of this meeting.

The outcome of the ballot vote, both before and after giving effect to the twenty-five (25%) percent non-resident Shareholder voting restriction, was as follows:

Vote Results Before Reduction of Non-resident Vote:

Votes For		% Votes For			Votes Against		% Votes Against
	184,489,885		90.26	%		19,898,329		9.74	%

Vote Results After Reduction of Non-resident Vote to 25%:

Votes For	% Votes For	Votes Against		% Votes Against
118,860,213	87.72%		16,644,731	12.28%

Cameco Corporation
By:	“Sean A. Quinn”
	Sean A. Quinn
	Senior Vice-President, Chief Legal Officer
	and Corporate Secretary