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TSX: CCO NYSE: CCJ
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website: cameco.com currency: Cdn (unless noted) |
2121 11th Street West, Saskatoon, Saskatchewan, S7M 1J3 Canada
Tel: (306) 956-6200 Fax: (306) 956-6201
Cameco Responds to Hathor Announcement
Saskatoon, Saskatchewan, Canada, October 19, 2011 . . . . . . . . . . . . . .
Cameco (TSX: CCO; NYSE: CCJ) today acknowledged the announcement that Hathor Exploration Ltd. (TSX:
HAT) has entered into an agreement with Rio Tinto pursuant to which Rio Tinto will make an offer
for all the common shares of Hathor.
Cameco is reviewing Hathors announcement and will update shareholders when appropriate with
respect to Camecos offer.
Caution Regarding Forward-Looking Information and Statements
Certain information contained in this news release constitutes forward-looking information (or
forward-looking statements) within the meaning of Canadian and U.S. securities laws. All
statements, other than statements of historical or present fact, constitute forward-looking
information and typically include words and phrases about the future such as will, anticipate,
estimate, expect, plan, intend, predict, goal, target, project, potential, strategy and outlook.
Forward-looking information is necessarily based upon a number of assumptions that, while
considered reasonable by management, are inherently subject to significant business, economic and
competitive uncertainties and contingencies. Cameco cautions the reader that such forward-looking
information involves known and unknown risks, uncertainties and other factors that may cause actual
results and developments to differ materially from those expressed or implied by such
forward-looking information. These risks, factors and assumptions include, but are not limited to:
the assumption that Cameco will acquire a 100% interest in Hathor through the Offer; the risk of
changes in the price of uranium; the assumption that there are no inaccuracies or material
omissions in Hathors publicly available information and the risk that Hathor has not disclosed
events or facts which may have occurred or which may affect the significance or accuracy of any
such information; assumptions about anticipated operations and planned exploration and development
activities; the risk of operating or technical difficulties in connection with mining or
development activities; and the risks involved in the exploration, development and mining business.
Certain of these factors are discussed in greater detail in Camecos and Hathors most recent
Annual Information Form and MD&A on file with the Canadian securities regulatory authorities, which
we recommend that you review for more information about these assumptions and risks. The
information concerning Hathor contained in this press release has been taken from or is based upon
Hathors publicly available documents on file with Canadian securities regulatory authorities.
Neither Cameco nor any of its directors or officers assumes any responsibility for the
accuracy or completeness of such information, or for any failure by Hathor to disclose events or
facts which may have occurred or which may affect
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the significance or accuracy of any such
information, but which are unknown to Cameco. Forward-looking information is designed to help you
understand managements current views of our near and longer term prospects, and it may not be
appropriate for other purposes. Cameco does not undertake any obligation to update or revise
forward-looking information, whether as a result of new information, future events or otherwise,
except to the extent legally required.
Profile
Cameco, with its head office in Saskatoon, Saskatchewan, is one of the worlds largest uranium
producers. The companys uranium products are used to generate electricity in nuclear energy plants
around the world, providing one of the cleanest sources of energy available today. Camecos shares
trade on the Toronto and New York stock exchanges.
As used in this news release, Cameco or the company means Cameco Corporation, a Canadian
corporation and its subsidiaries and affiliates unless stated otherwise.
- End -
Hathor investor inquiries:
Kingsdale Shareholder Services
contactus@kingsdaleshareholder.com
1-888-518-1552 (toll free)
Cameco investor inquiries:
Rachelle Girard (306) 956-6403
Media inquiries:
Gord Struthers (306) 956-6593
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