<SEC-DOCUMENT>0001193125-17-254335.txt : 20170920
<SEC-HEADER>0001193125-17-254335.hdr.sgml : 20170920
<ACCEPTANCE-DATETIME>20170810151156
<PRIVATE-TO-PUBLIC>
ACCESSION NUMBER:		0001193125-17-254335
CONFORMED SUBMISSION TYPE:	CORRESP
PUBLIC DOCUMENT COUNT:		4
FILED AS OF DATE:		20170810

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			CAMECO CORP
		CENTRAL INDEX KEY:			0001009001
		STANDARD INDUSTRIAL CLASSIFICATION:	MISCELLANEOUS METAL ORES [1090]
		IRS NUMBER:				980113090
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		CORRESP

	BUSINESS ADDRESS:	
		STREET 1:		2121 11TH ST W
		CITY:			SASKATOON
		STATE:			A9
		ZIP:			S7M 1J3
		BUSINESS PHONE:		3069566200

	MAIL ADDRESS:	
		STREET 1:		2121 11TH ST W.
		CITY:			SASKATOON
		STATE:			A9
		ZIP:			S7M 1J3
</SEC-HEADER>
<DOCUMENT>
<TYPE>CORRESP
<SEQUENCE>1
<FILENAME>filename1.htm
<TEXT>
<HTML><HEAD>
<TITLE>CORRESP</TITLE>
</HEAD>
 <BODY BGCOLOR="WHITE">

 <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P> <P STYLE="margin-top:0pt;margin-bottom:0pt" ALIGN="center">


<IMG SRC="g429873g38l25.jpg" ALT="LOGO">
 </P> <P STYLE="margin-top:0pt;margin-bottom:0pt" ALIGN="right">


<IMG SRC="g429873g56p01.jpg" ALT="LOGO">
 </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">August&nbsp;10, 2017 </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">FILED
VIA EDGAR </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Mr.&nbsp;Craig Arakawa </P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Accounting Branch Chief
</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Office of Beverages, Apparel, and Mining </P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">United States
Securities and Exchange Commission </P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Washington, DC 20549 </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Dear Mr.&nbsp;Arakawa: </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>Cameco Corporation
(&#147;Cameco&#148;): Form 40-F for the Year Ended December&nbsp;31, 2016 </B></P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>Filed March&nbsp;23, 2017 </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>Response letter dated July&nbsp;21, 2017 </B></P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>File
No.&nbsp;001-14228 </B></P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Reference is made to the comments of the staff of the Securities and Exchange Commission with respect to the above-referenced
filing of Form 40-F and response letter in the letter dated August&nbsp;1, 2017 (the &#147;Comment Letter&#148;) addressed to Grant Isaac. We are writing to respond to comments contained in the Comment Letter. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">As requested, we will expand the commentary in our footnote disclosure for our next quarterly filing and 2017 annual filing with respect to the nature of
evidence that supports our conclusion to recognize the deferred tax asset, as required in paragraph 82 of IAS12. Our response has been reviewed by KPMG LLP, Cameco&#146;s external auditors. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Please contact the undersigned at (306)&nbsp;956-6200 to discuss any questions you may have regarding our response. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Yours truly, </P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">CAMECO CORPORATION </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><I>&#147;Grant E. Isaac&#148; </I></P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Grant E. Isaac </P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Senior Vice-President and Chief Financial Officer </P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<P STYLE="margin-top:0pt;margin-bottom:0pt" ALIGN="center">


<IMG SRC="g429873g71z42.jpg" ALT="LOGO">
 </P>
</BODY></HTML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>2
<FILENAME>g429873g38l25.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
begin 644 g429873g38l25.jpg
M_]C_X  02D9)1@ ! 0$ 8 !@  #_X0!X17AI9@  34T *@    @ !@$Q  (
M   1    5@,!  4    !    : ,#  $    ! @   %$0  $    ! 0   %$1
M  0    !   .Q%$2  0    !   .Q     !-:6-R;W-O9G0@3V9F:6-E
M 8:@  "QC__; $, " 8&!P8%" <'!PD)" H,% T,"PL,&1(3#Q0=&A\>'1H<
M'" D+B<@(BPC'!PH-RDL,#$T-#0?)SD].#(\+C,T,O_; $,!"0D)# L,& T-
M&#(A'"$R,C(R,C(R,C(R,C(R,C(R,C(R,C(R,C(R,C(R,C(R,C(R,C(R,C(R
M,C(R,C(R,C(R,O_  !$( &4 B0,!(@ "$0$#$0'_Q  ?   !!0$! 0$! 0
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MA;S$"WF5RP4^CD^OKTKU<$$<'-<-2E.F[21U0J1FKQ%HHHK,L**** "BBB@
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M.H/8U?M)<O)?0GDCS<UM3IZ*Y/4/&X74+G3]"T>]UV[M#MN?LI1(H6_NM(Y
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M>,8)ZU2N_B9H;R_8_#[/X@U-_P#5VNG#>/J\GW$7U)->?_',^)O^%=Z/]O\
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E?K@444 6JHOHNE2W?VN33+-[D'/G- I?/^]C-%% %ZBBB@#_V0$!

end
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>3
<FILENAME>g429873g56p01.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
begin 644 g429873g56p01.jpg
M_]C_X  02D9)1@ ! 0$ 8 !@  #_X0!X17AI9@  34T *@    @ !@$Q  (
M   1    5@,!  4    !    : ,#  $    ! @   %$0  $    ! 0   %$1
M  0    !   .Q%$2  0    !   .Q     !-:6-R;W-O9G0@3V9F:6-E
M 8:@  "QC__; $, " 8&!P8%" <'!PD)" H,% T,"PL,&1(3#Q0=&A\>'1H<
M'" D+B<@(BPC'!PH-RDL,#$T-#0?)SD].#(\+C,T,O_; $,!"0D)# L,& T-
M&#(A'"$R,C(R,C(R,C(R,C(R,C(R,C(R,C(R,C(R,C(R,C(R,C(R,C(R,C(R
M,C(R,C(R,C(R,O_  !$( *8 A ,!(@ "$0$#$0'_Q  ?   !!0$! 0$! 0
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M.>UD;*7/EP23PVLJA?-5YT4QA4+%2Y(4%'Y!5@ #0_L+1_[8_M?^RK'^T_\
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M4/AHRZD9*LEB?X>>;<:<XU"!H[*[2:))[/S#;QI=&=([<[QY/RE8F(# I&@
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; %%%% !1110 4444 %%%% !1110 4444 ?_9

end
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>4
<FILENAME>g429873g71z42.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
begin 644 g429873g71z42.jpg
M_]C_X  02D9)1@ ! 0$ 8 !@  #_X0!X17AI9@  34T *@    @ !@$Q  (
M   1    5@,!  4    !    : ,#  $    ! @   %$0  $    ! 0   %$1
M  0    !   .Q%$2  0    !   .Q     !-:6-R;W-O9G0@3V9F:6-E
M 8:@  "QC__; $, " 8&!P8%" <'!PD)" H,% T,"PL,&1(3#Q0=&A\>'1H<
M'" D+B<@(BPC'!PH-RDL,#$T-#0?)SD].#(\+C,T,O_; $,!"0D)# L,& T-
M&#(A'"$R,C(R,C(R,C(R,C(R,C(R,C(R,C(R,C(R,C(R,C(R,C(R,C(R,C(R
M,C(R,C(R,C(R,O_  !$( !P DP,!(@ "$0$#$0'_Q  ?   !!0$! 0$! 0
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MZ>KR\_3U]O?X^?K_V@ , P$  A$#$0 _ /?Z**CN)TMK:6XE.(XD+L?0 9-
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>WE$2K*89/,\YO4ODC/49QQ7L=&/UHH **** /__9

end
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
