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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.


TSX:DML - Post by User

Denison Mines Corp
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Post by Betteryear2on Sep 24, 2024 8:50am
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Post# 36237948

Denison Announces Option of Non-Core Exploration Projects

Denison Announces Option of Non-Core Exploration ProjectsTORONTO, Sept. 24, 2024 /PRNewswire/ - Denison Mines Corp. ("Denison" or the "Company") (TSX: DML) (NYSE American: DNN) is pleased to announce that is has executed an option agreement (the "Option Agreement") with a Nasdaq listed company to be renamed Foremost Clean Energy Ltd ("Foremost") (NASDAQ: FMST) (CSE: FAT), which grants Foremost an option to acquire up to 70% of Denison's interest in 10 uranium exploration properties (collectively, the "Transaction"). Pursuant to the Transaction, Foremost would acquire such total interests upon completion of a combination of direct payments to Denison and funding of exploration expenditures with an aggregate value of up to approximately $30 million.

Denison Announces Option of Non-Core Exploration Projects to Foremost for up to $30 Million in Combined Consideration (prnewswire.com)
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