Shares surged by 15% after the company announced that it is reviewing a number of strategic approaches, marking the latest sign of rampant dealmaking in the sector.
In April, Prime Minister Trudeau said the economic impact of one of the projects would be equal to the value of government investment in less than five years.
Uranium price tops $60 a pound first time since 2011 as World Nuclear Association predicts installed capacity to expand 70% by 2040 amid small modular reactor construction boom.