Uranium Participation Corporation

09:52 AM EST - Uranium Participation Corporation : Reports its estimated net asset value at November 30, 2019 was $623.3 million or $4.51 per share. As previously reported, UPC has entered into commitments to sell the conversion component contained in 300,000 KgU as UF6 and to purchase a total of 230,000 pounds of U3O8.The Conversion Sale will result in the exchange of 300,000 KgU as UF6 for 783,856 pounds of U3O8 and cash consideration of US$6,087,000, and will occur in three equal tranches of 100,000 KgU as UF6 for delivery in January 2020, June 2020, and July 2020. Uranium Participation Corporation shares T.U are trading down $0.02 at $4.14.