Bullboard - Stock Discussion Forum 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... see more

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Denison Mines Corp > Grounded Lithium Executes Strategic Investment with Denison

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Post by Betteryear2 on Jan 16, 2024 11:38am

Grounded Lithium Executes Strategic Investment with Denison

Provides Funds to Materially Advance the Kindersley Lithium Project

Conference call and webcast to be held at 10:00am (MST) on January 17, 2024 to describe the transaction

CALGARY, AB, Jan. 16, 2024 /CNW/ - (TSXV: GRD) (OTCQB: GRDAF) – Grounded Lithium Corp. ("GLC" or the "Company") is pleased to announce we entered into a definitive agreement dated January 15, 2024 with Denison Mines Corp (TSX: DML NYSE American: DNN) ("Denison") whereby Denison has the option to earn up to a 75% working interest in the Kindersley Lithium Project ("KLP") by funding in aggregate up to $15,150,000 comprised of both cash payments to GLC of up to $3,150,000 and funding project expenditures of up to $12,000,000 through a structured earn-in option. (the "Agreement").

Grounded Lithium Executes Strategic Investment with Denison Mines (newswire.ca)