Last C$0.07 CAD
Change Today 0.00 / 0.00%
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As of 2:45 PM 07/10/14 All times are local (Market data is delayed by at least 15 minutes).

macusani yellowcake inc (YEL) Snapshot

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52 Week High
03/5/14 - C$0.16
52 Week Low
07/16/13 - C$0.06
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Average Volume 10 Days
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macusani yellowcake inc (YEL) Details

Macusani Yellowcake Inc., a junior resource company, explores and develops uranium properties primarily in Peru. The company owns a 99.5% interest in concessions that cover approximately 90,000 hectares on the Macusani Plateau. It focuses on the Kihitian, Colibri 2 & 3, and Corachapi properties on the Macusani Plateau in south-eastern Peru. The company was founded in 2006 and is headquartered in Toronto, Canada.

Founded in 2006

macusani yellowcake inc (YEL) Top Compensated Officers

Chief Executive Officer, President and Direct...
Total Annual Compensation: $200.0K
Chief Financial Officer and Secretary
Total Annual Compensation: C$108.0K
Compensation as of Fiscal Year 2013.

macusani yellowcake inc (YEL) Key Developments

Macusani Yellowcake Inc. Intends to Raise Gross Proceeds of Up to $1,000,000

Macusani Yellowcake Inc. announced that it intends to proceed with a non-brokered private placement to raise gross proceeds of up to $1,000,000. Net proceeds from the Financing are anticipated to be used for property payments and for working capital and general corporate purpose.

Macusani Yellowcake, Inc. Announces Executive Changes

On April 17, 2014 Macusani Yellowcake and Azincourt Uranium announced a planned merger that will create one of the undeveloped uranium projects in the world. Ted O'Connor will be appointed as CEO of Macusani following completion of the transaction, and Laurence Stefan, current President and CEO of Macusani, will continue his role as President and COO. Mr. O'Connor and Ian Stalker, Chairman of Azincourt, will also join a six member board of directors of Macusani.

Macusani Yellowcake, Inc. Proposes Changes to Director Nominations at AGM

Macusani Yellowcake Inc. has mailed and filed proxy materials in connection with its annual meeting to be held on April 7, 2014. The proxy materials contemplate the nomination of Alan Ferry, Peter Hooper, Laurence Stefan, J.P. Chauvin, Robert Boaz and Aaron Keay for election as directors at the annual meeting. Subsequent to the mailing and filing of the proxy materials, Mr. Hooper and Mr. Boaz have decided not to stand for re-election, and it is proposed that Mr. Richard Patricio and Mr. Marc Henderson be nominated for election at the meeting instead.


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