Denison Mines Corp. announces that it has delivered a binding offer to Overseas Uranium Resources Development Co., Ltd. to acquire 100% ownership of OURD’s wholly-owned subsidiary, JCU Exploration Company, Limited . PDF Version JCU holds a portfolio of uranium project joint venture interests in Canada including a 10% interest in Denison’s 90% owned Wheeler River uranium project. The Denison Offer includes the …
Denison Mines Corp. (“Denison” or the “Company”) (TSX: DML) (NYSE American: DNN) announces that it has delivered a binding offer (the “Denison Offer”) to Overseas Uranium Resources Development Co., Ltd. (“OURD”) to acquire 100% ownership of OURD’s wholly-owned subsidiary, JCU ( Canada ) Exploration Company, Limited (“JCU”). PDF Version
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TORONTO, April 28, 2021 /PRNewswire/ -
Denison Mines Corp. ( Denison or the Company ) (TSX: DML) (NYSE American: DNN) congratulates Uranium Participation Corp. ( UPC ) (TSX: U) and Sprott Asset Management LP ( Sprott ) on having reached an agreement to convert UPC into the Sprott Physical Uranium Trust (the Trust ) – effectively aligning UPC s business with the world s leading physical commodity investment vehicles and making it eligible to pursue a listing in the United States (the Transaction ). Upon completion of the Transaction, Sprott will become the manager of the Trust and the Management Services Agreement ( MSA ) between Denison Mines Inc. (the Manager , a wholly owned subsidiary of Denison) and UPC will be terminated. View PDF version
Denison to Receive Approximately $5 3 Million in Connection with Termination of UPC Management Services Agreement prnewswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from prnewswire.com Daily Mail and Mail on Sunday newspapers.
Denison Provides Initial Progress Update on Installation of ISR Test Pattern at Wheeler River
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TORONTO, April 21, 2021 /PRNewswire/ -
Denison Mines Corp. ( Denison or the Company ) (TSX: DML) (NYSE American: DNN) is pleased to announce the initiation and ramp-up of In-Situ Recovery ( ISR ) field test activities, including the installation of a five-spot ISR test pattern ( Test Pattern ), at the Company s 90% owned Wheeler River Uranium Project ( Wheeler River or the Project ). Mobilization of drilling equipment necessary to complete the large diameter drill holes, for each Commercial Scale Well ( CSW ) planned for the Test Pattern, was completed in early April 2021 and, to date, four of the five planned CSWs have been successfully drilled to target depths, cased, and cemented into position. The fifth CSW is in progress and is expected to be completed within the next week. The installation of the Test Pattern is the first step in an amb
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Andy Yackulic, P. Geo., Denison s Director, Exploration, commented, The latest results from McClean South are quite exciting. Not only has drilling intersected very high-grade uranium, but the mineralization is open along strike to the west for at least 250 metres and approximately 70 metres to the east towards the McClean South 8E pod. The mineralized intersection in MCS-34 represents one of the better mineralized intersections reported on the McClean Lake property to date – which is impressive, as the property has been explored since the mid-1970s and has previously produced over 50 million pounds U
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David Cates, Denison s President & CEO, added