LongMarch 31, 2026

City Different Investments on Cameco Corp.

Thesis

As a uranium giant, Cameco is an example of the opportunities in companies that address global energy challenges. With the immediate priority shifting to energy logistics and energy security, Cameco is well-positioned to benefit.

The global energy transition remains very relevant for our City Different portfolios. While climate change is high on the agenda, the immediate priority is now energy logistics and energy security. We are researching these themes. Our investment in uranium giant Cameco Corp. is an example of the opportunities we seek in companies that address global energy challenges.
City Different Investments — Q1 2026 Global Equity Investor Letter

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