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
Tell us something about yourself.
Posting Guidelines
Do
  • 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!

Comments

No comments yet