The physical uranium ore concentrate (U3O8) is securely stored at regulated storage facility, operated by Cameco, one of the three globally recognized uranium conversion and storage providers.

The uranium is held in the account of Archax Ltd, acting as trustee. Any additional uranium ore concentrate purchased and minted to tokens, will also be stored at Cameco’s facility.

For transparency, Proof of Reserves is available on the website here and is updated with monthly statements from Cameco.