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Diapositiva 1 - PrecisionIR

Diapositiva 1 - PrecisionIR

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Uranium AssetsJoint Venture with CamecoMinergia SAC• Cameco has the option to increase itsownership to 60% by completing afeasibility study and to 70% byinitiating mine development• Future investment in uranium in Peru –including acquisition of additionaluranium interests by either party – willbe made through Minergia• Vena is the operator of the jointventure company in Peru2012 Resource Summary - U308MeasuredIndicatedInferred5,691,588 lb12,525,199 lb17,422,031 lbTSX: VEM | BVL: VEM | Germany: V1RA347

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