Uranium Week: Sprott Adds Uranium Equities ETF

Uranium Week: Sprott Adds Uranium Equities ETF

As the spot uranium price climbed just over 1% last week, Sprott Asset Management may add further impetus to equities after acquiring a pure-play uranium ETF.

-Sprott Asset Management acquires uranium ETF URNM
-COP26 highlights main advantage of small modular reactors
-Kazatomprom lowers production guidance
-Uranium spot price rises just over 1% for the week
In additional significant news for uranium equity investors, Sprott Asset Management has announced an agreement to acquire the US-listed North Shore Global Uranium Mining ETF (code:URNM), which will be re-badged as the Sprott Uranium Miners ETF.Settlement is expected to occur in the first quarter of 2022.According to Brandon Munro, Managing Director and Chief Executive Officer of ASX-listed Bannerman Energy ((BNM)) “Acquiring a pure-play uranium ETF provides Sprott with a one two punch to broaden their appeal to generalist investors attracted to the uranium space. The broader marketing channel that Sprott can deliver […]

About the author: StockMan

Please remember:

The information provided here is for general knowledge and educational purposes only.
It is not intended to be a substitute for professional financial advice.
Every individual's financial situation is unique, and what works for one person may not work for another.
Before making any investment or financial decisions, you should always consult with a qualified financial advisor who understands your specific circumstances and goals.

Any information posted on the website has been prepared without taking into account your objectives, financial situation or needs and as such, should never be acted upon. Please be aware that any information posted on this site should not be considered to be financial advice and i am not a financial advisor.

Posting Guidelines
  • Do contribute something to the discussion
  • Do post factual information, analysis and your view on company valuations
  • Do disclose if you have an interest in a security
  • Do take our Terms of Use seriously
Do Not
  • Do not make low-content posts, unsubstantiated ramps or untruthful/misleading statements
  • Do not complain about a post unless you have reported it first, and not on the forum.
  • Do not post financial advice
  • Do not advertise or post sponsored content

Get involved!

Get Connected!

Come and join our community. Expand your network and get to know new people!


No comments yet