Bacchus Capital’s Uranium Venture, Yellow Cake plc Reaches Significant Milestone as Market Capitalisation Exceeds US$500 million

LONDON, July 8, 2021 /PRNewswire/ — Bacchus Capital Advisers ("Bacchus Capital"), the independent London-based investment and merchant bank specialising in cross border public market M&A and natural resource and technology sector ventures, is pleased to advise that Yellow Cake plc, a company founded and listed by Bacchus Capital, has achieved and exceeded the milestone market capitalisation of US$500 million. Yellow Cake was listed by Bacchus Capital on the London Stock Exchange in July 2018 with an associated capital raising of US$200 million.

Yellow Cake was established by Bacchus Capital in 2018 on the fundamental premise that uranium ("U 3 O 8 ") as a commodity, is structurally mispriced. Bacchus Capital believes that the central source of this mispricing is the potential significant emerging supply gap, as demand for nuclear power as a low-carbon baseload source continues to increase, while a lack of investment in new supply sees existing mines reaching […]

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