Cameco Corporation shares rise 2.76% premarket after signing a $500 million 15-year agreement with Rise Air.

Cameco Corporation rose 2.76% in premarket trading, with the company signing a historic 15-year agreement worth approximately $500 million with Rise Air, an Indigenous-owned airline, to provide workforce transportation services for northern Saskatchewan operations. This long-term partnership represents the most significant commitment to date between the companies, building on a relationship that began in 1993 with Orano (then COGEMA) and shortly after with Cameco.