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MINING MARKETS & INVESTMENT NEWS — Cameco, Wheaton to buy back shares

Posted By: Northern Miner Staff October 4, 1999

Uranium and gold producer Cameco (CCO-T) has given the Toronto and Montreal stock exchanges notice of its intention to make a normal-course issuer bid, under which the company would buy up to 2.9 million of its shares on the open market.

The bid begins on Sept. 30 and expires Sept. 29, 2000. Cameco shares closed at $27 on Sept. 28.

At the same time, gold producer Wheaton River Minerals (WRM-T) filed its notice of an issuer bid with the Toronto Stock Exchange. Wheaton is offering to buy back 2 million shares on the market. Shares closed at 36 cents on Sept. 28.

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COMPANY: Wheaton River Minerals Ltd
 

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