The Prospector News

Uranium Participation Corporation Reports Estimated Net Asset Value at May 31, 2021

You have opened a direct link to the current edition PDF

Open PDF Close

Share this news article

Uranium Participation Corporation Reports Estimated Net Asset Value at May 31, 2021






Uranium Participation Corporation (TSX: U) reports its estimated net asset value at May 31, 2021 was CAD$733.0 million or CAD$4.87 per share. As at May 31, 2021, UPC’s uranium investment portfolio consisted of the following:


(in thousands of Canadian dollars, except quantity amounts) Quantity Fair Value
Investments in Uranium:
Uranium oxide in concentrates (“U3O8“)   16,269,658   lbs $ 616,719
Uranium hexafluoride (“UF6“) 300,000 KgU $ 36,940
$ 653,659
U3O8 fair value1 per pound:
– In Canadian dollars1 $ 37.91
– In United States dollars $ 31.40
UF6 fair value1 per KgU:
– In Canadian dollars1 $ 123.13
– In United States dollars $ 102.00
1 Fair values are month-end spot prices published by Ux Consulting Company, LLC, translated at the Bank of Canada’s month-end daily exchange rate of $1.2072.


On the last trading day of May 2021, the common shares of UPC closed on the TSX at a value of CAD$5.61, which represents a 15.20% premium to the net asset value of CAD$4.87 per share.


About Uranium Participation Corporation


Uranium Participation Corporation is a company that invests substantially all of its assets in uranium oxide in concentrates (“U3O8“) and uranium hexafluoride (“UF6“) with the primary investment objective of achieving appreciation in the value of its uranium holdings through increases in the uranium price. UPC provides investors with a unique opportunity to gain exposure to the price of uranium without the resource or project risk associated with investing in a traditional mining company.


Posted June 8, 2021

Share this news article


Imperial Mining Receives Final Crater Lake Drill Results: Data Sent to Engineers for 43-101 Resource Estimation on TG Zone

Highlights: Assay results from the first four drillholes continue... READ MORE

June 23, 2021

Osisko Windfall Infill and Expansion Drilling Adds High-Grade

385 g/t Au Over 2.1 Metres 45.5 g/t Au over 4.1 Metres Osi... READ MORE

June 23, 2021

Amarillo drills 144.6 m of 0.7 g/t gold including 91.6 m at 0.9 g/t gold at LDS

Amarillo Gold Corporation (TSX-V: AGC) (OTCQB: AGCBF), through i... READ MORE

June 23, 2021

New Found Intercepts 150.3 g/t Au over 11.5m at Lotto

New Found Gold Corp.  (TSX-V: NFG) (OTC: NFGFF) is pleased to a... READ MORE

June 23, 2021

Palladium One Drills 7.4% Ni_Eq (164 lbs/tonne) over 4.5 Meters Including 10.2% Ni_Eq (224 lbs/tonne) over 1.7 Meters at Tyko Nickel-Copper Project, in Ontario, Canada

KEY HIGHLIGHTS Nickel-copper continuity confirmed along 350-meter... READ MORE

June 23, 2021

Copyright 2021 The Prospector News