Cameco discloses planned Westinghouse IPO filing

Rhea-AI Filing Summary

Cameco Corporation reports that Westinghouse Electric Company, which it jointly owns with Brookfield Renewable Partners, has confidentially submitted a draft registration statement on Form S-1 to the US Securities and Exchange Commission for a proposed initial public offering of Westinghouse common stock.

The number of shares to be offered and the price range have not been determined, and any offering would be subject to market and other conditions. The announcement is issued in accordance with Rule 135 under the US Securities Act and does not constitute an offer to sell or solicit an offer to buy securities.

Key Terms

confidentially submitted a draft registration statement, Form S-1, initial public offering, Securities Act of 1933, +1 more

5 terms

confidentially submitted a draft registration statement regulatory

"has confidentially submitted a draft registration statement on Form S-1"

Form S-1 regulatory

"a draft registration statement on Form S-1 with the Securities and Exchange"

A Form S-1 is the registration filing a company submits to the U.S. Securities and Exchange Commission when it plans to offer stock to the public, most commonly for an initial public offering. Think of it as the company’s full disclosure packet or blueprint: it contains audited financials, business description, management background, risk factors and details of the offering, giving investors the information needed to judge the company’s financial health and potential risks before buying shares.

initial public offering market

"relating to the proposed initial public offering of its common stock"

An initial public offering (IPO) is when a private company first sells its shares to the public and becomes a stock-listed company. It matters because it allows the company to raise money from a wide range of investors, helping it grow, while giving early shareholders a way to sell some of their ownership.

Securities Act of 1933 regulatory

"requirements of the Securities Act of 1933, as amended (the “Securities"

Rule 135 regulatory

"This announcement is being issued in accordance with Rule 135 under the"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What did Cameco (CCJ) disclose about Westinghouse Electric Company?

Cameco disclosed that Westinghouse Electric Company has confidentially submitted a draft Form S-1 to the US SEC for a proposed IPO of its common stock. This step prepares Westinghouse for a potential public offering, subject to market and other conditions.

How is Cameco (CCJ) related to Westinghouse in this IPO plan?

Westinghouse Electric Company is jointly owned by Cameco and Brookfield Renewable Partners. The proposed IPO concerns Westinghouse’s common stock, not Cameco’s, and the announcement focuses on Westinghouse’s confidential Form S-1 submission to the SEC.

Are the number of shares and price range for the Westinghouse IPO set, according to Cameco (CCJ)?

No. Cameco states that the number of shares to be offered and the price range have not yet been determined. The proposed offering remains subject to market and other conditions, so key terms of the transaction are still undecided.

Does Cameco’s (CCJ) announcement mean the Westinghouse IPO is guaranteed to occur?

No. Cameco explains that the proposed offering will be subject to market and other conditions. Confidential submission of a draft Form S-1 is an early regulatory step and does not ensure that an IPO will ultimately proceed.

Is Cameco’s (CCJ) Westinghouse IPO news an offer to sell securities?

No. The company specifies that the news does not constitute an offer to sell or solicit an offer to buy any securities. Any future sales would need to comply with the registration requirements of the US Securities Act of 1933.

Under which rule is Cameco’s (CCJ) Westinghouse IPO announcement being issued?

The announcement is being issued in accordance with Rule 135 under the Securities Act of 1933. This rule permits limited public communication about a planned offering before a full registration statement becomes publicly available.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, DC 20549

FORM 6-K

REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13A-16 OR 15D-16

UNDER THE SECURITIES EXCHANGE ACT OF 1934

For the month of July, 2026

Commission File Number 1-14228

Cameco Corporation

(Translation of Registrant’s Name into English)

2121-11th Street West

Saskatoon, Saskatchewan, Canada S7M 1J3

(Address of Principal Executive Offices)

Indicate by check mark whether the registrant files or will file annual reports under cover Form 20-F or Form 40-F.

Form 20-F       Form 40-F  ✓   

Exhibit Index

Exhibit No.		Description
99.1		Press Release dated July 31, 2026

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

Date: July 31, 2026				Cameco Corporation
				By:		/s/ R. Liam Mooney
				R. Liam Mooney
				Senior Vice-President and Chief Legal Officer

Exhibit 99.1

NEWS RELEASE		www.cameco.com		Saskatoon
				Saskatchewan
All amounts in Canadian dollars				Canada
unless specified otherwise

Cameco Announces Westinghouse’s Confidential Submission of Draft Registration Statement for Proposed Initial Public Offering

July 31, 2026 

Cameco (TSX: CCO; NYSE: CCJ) announced today that Westinghouse Electric Company, which is owned jointly by Cameco and Brookfield Renewable Partners, has confidentially submitted a draft registration statement on Form S-1 with the Securities and Exchange Commission relating to the proposed initial public offering of its common stock.

The number of shares to be offered and the price range for the proposed offering have not yet been determined, and the proposed offering will be subject to market and other conditions.

This press release does not constitute an offer to sell or the solicitation of an offer to buy any securities. Any offers to sell, solicitations or offers to buy, and sales of any securities will be made in accordance with the registration requirements of the Securities Act of 1933, as amended (the “Securities Act”). This announcement is being issued in accordance with Rule 135 under the Securities Act.

Profile

Cameco is one of the largest global providers of the uranium fuel needed to power a secure energy future. Our competitive position is based on our controlling ownership of the world’s largest high-grade reserves and low-cost operations, as well as significant investments across the nuclear fuel cycle, including ownership interests in Westinghouse Electric Company and Global Laser Enrichment. Utilities around the world rely on Cameco to provide global nuclear fuel solutions for the generation of safe, reliable, carbon-free nuclear power. Our shares trade on the Toronto and New York stock exchanges. Our head office is in Saskatoon, Saskatchewan, Canada.

As used in this news release, the terms we, us, our, the Company and Cameco mean Cameco Corporation and its subsidiaries unless otherwise indicated.

- End -

Investor inquiries		Media inquiries
Cory Kos		Veronica Baker
306-716-6782		306-385-5541
cory_kos@cameco.com		veronica_baker@cameco.com

Filing Exhibits & Attachments

1 document

Press Releases

• EX-99.1 EX-99.1 7.1 KB