Denison moves to lock down 100% of Wheeler River project May 4, 2021
Wheeler River could become Canada’s first in-situ recovery uranium mine. (Image courtesy of Denison Mines)
Denison (TSX: DML) announced on Tuesday that it has delivered an offer to Overseas Uranium Resources Development to acquire a 100% interest in its subsidiary
JCU (Canada) Exploration Company for $40.5 million in cash, more than tripling the $12.5 million accepted offer in place with
UEX Corp. (TSX: UEX) announced the week before last.
JCU’s assets include 10% ownership in Denison’s flagship Wheeler River project (which DML owns the remaining 90%) in the southeast part of Saskatchewan’s Athabasca Basin.
/PRNewswire/ - Denison Mines Corp. ("Denison" or the "Company") (TSX: DML) (NYSE American: DNN) announces that it has delivered a binding offer (the "Denison.
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
Denison moves to lock down 100% of Wheeler River project
Wheeler River could become Canada’s first in-situ recovery uranium mine. (
Denison Mines (TSE: DML) announced on Tuesday that it has delivered an offer to Overseas Uranium Resources Development to acquire a 100% interest in its subsidiary JCU Exploration Company for C$40.5 million ($32.5m) in cash, more than tripling the C$12.5 million accepted offer in place with UEX Corporation announced two weeks ago.
JCU’s assets include 10% ownership in Denison’s flagship Wheeler River project (which DML owns the remaining 90%) in the southeast part of Saskatchewan’s Athabasca Basin.
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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