– UK, Jersey – Yellow Cake PLC (LON: YCA), a specialist company operating in the uranium sector holding physical uranium today announced the appointment of Claire Brazenall to its Board as an independent non-executive director effective from 9 November 2022.
Her appointment follows the resignation of Emily Manning from the Board with effect from 8 November 2022.
About Claire Brazenall
Claire Brazenall acts as in-house legal counsel and Client Director of Langham Hall Fund Management (Jersey) Limited, which provides administrative services to the Company.
Claire Brazenall has over 12 years of experience in the Jersey funds industry. Before joining Langham Hall Jersey in 2020, Ms. Brazenall spent 10 years in private practice with Carey Olsen Jersey LLP where she gained a wealth of experience in different fund structures and asset classes and was heavily involved in providing regulatory and structuring advice to a range of clients. During her time at Carey Olsen Jersey LLP, she was involved in the closings of over US$100bn of investor commitments into various fund structures.
Claire Brazenall has extensive experience in liaising with the Jersey Financial Services Commission and The International Stock Exchange and has in-depth knowledge of the relevant Codes of Practice and Jersey financial services regulations. She is approved as a principal person by the JFSC and currently acts as a director on several regulated and unregulated funds and Special Purpose Vehicles boards of client companies.
About Yellow Cake
Yellow Cake is a London-quoted company, headquartered in Jersey, which offers exposure to the uranium spot price. This is achieved through its strategy of buying and holding physical triuranium octoxide (“U3O8“). It may also seek to add value through other uranium-related activities. Yellow Cake seeks to generate returns for shareholders through the appreciation of the value of its holding of U3O8 and its other uranium-related activities in a rising uranium price environment. The business is differentiated from its peers by its ten-year Framework Agreement for the supply of U3O8 with Kazatomprom, the world’s largest uranium producer. Yellow Cake currently holds 18.81 million pounds of U3O8, all of which are held in storage in Canada and France.
For more information: https://www.yellowcakeplc.com/
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