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

Add To Watchlist

TSX:DML - Post Discussion

Denison Mines Corp > Denison Announces Option of Non-Core Exploration Projects

View:

Post by Betteryear2 on Sep 24, 2024 8:50am

Denison Announces Option of Non-Core Exploration Projects

TORONTO, 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)

112