Cameco and Orano Canada Acquire TEPCO Resources’ 5% Interest in Cigar Lake Joint Venture
July 2, 2026
Cameco and Orano Canada agreed to acquire TEPCO Resources’ 5% participating interest in the Cigar Lake Joint Venture, lifting Cameco’s stake to 57.418% and Orano’s to 42.582% after closing. The transaction was valued at about C$115.75 million and was completed in July 2026.
- Buyers
- Cameco Corporation, Orano Canada Inc.
- Targets
- TEPCO Resources Inc.
- Sellers
- TEPCO Resources Inc.
- Industry
- Energy
- Location
- Saskatchewan, Canada
- Transaction Type
- Addon
Explore More
Build a buyer list for your deal
Find active buyers from recent acquisition patterns and move straight into outreach.