Cameco (CCJ) gains 4.1% after stating it will allow its C$4.50/share offer for fellow Canadian...

|About: Cameco Corporation (CCJ)|By:, SA News Editor

Cameco (CCJ) gains 4.1% after stating it will allow its C$4.50/share offer for fellow Canadian uranium miner Hathor Exploration (HTHXF.PK) to lapse. Barring regulatory holdups, Cameco's move paves the way for Rio Tinto (RIO) to acquire Hathor, courtesy of its C$4.70/share offer. RIO +6.2%.