Denison Mines Corp T.DML

Alternate Symbol(s): DNN

Energy

Denison Mines Corp. is a Canada-based uranium exploration and development company focused on the Athabasca Basin region of northern Saskatchewan, Canada. The Company holds a 95% interest in the Wheeler River Project, which is a uranium project. It hosts two uranium deposits: Phoenix and Gryphon. It is located along the eastern edge of the Athabasca Basin in northern Saskatchewan. It holds a 22.5% ownership interest in the McClean Lake joint venture (MLJV), which includes several uranium deposits and the McClean Lake uranium mill. It also holds a 25.17% interest in the Midwest Main and Midwest A deposits, and a 67.41% interest in the Tthe Heldeth Tue (THT) and Huskie deposits on the Waterbury Lake property. The Company, through JCU (Canada) Exploration Company, Limited, holds indirect interests in the Millennium project, the Kiggavik project, and the Christie Lake project. It also offers environmental services. The Company also uses MaxPERF drilling tool technology and systems.

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Comment by autofocus111on Feb 14, 2021 12:03pm

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Post# 32564704

RE:RE:RE:RE:RE:RE:RE:RE:Decided to join?

Ray "7) Bottom line is they had to issue more shares twice within 6 months to fund operations which is more dilution." It is interesting that DNN stated recently that they were well-funded for 2021, then proceeded with this new round of capital raise. I understood that the reason for this one was to further accelerate the project timeline, and I cannot fault them for doing it now, since the stock price has been on a tear and they will need the cash anyway, if not in 2021 then 2022. DNN has necessarily been doing these raises regularly for years, so it does appear to be business as usual.

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