Denison Mines Stock Price, News & Analysis

Denison Mines Corp. (TSX: DML, NYSE American: DNN) has initiated an at-the-market (ATM) equity offering program, allowing sales of common shares worth up to USD$20 million via brokers on the TSX and NYSE American. The Company intends to use the proceeds for mineral property evaluations, project engineering, and general expenses. The ATM is effective until July 2, 2022, unless terminated earlier. Denison’s common shares are conditionally approved for listing on the TSX and approved on NYSE American.

Denison Mines Corp. (NYSE American: DNN) announces plans to restart the Environmental Assessment (EA) for its 90% owned Wheeler River Uranium Project by January 2021, following a temporary suspension due to COVID-19. The company has over $29 million in cash and aims to resume community engagement in 2021. Key activities include third-party technical studies and preparing a draft Environmental Impact Statement (EIS) targeted for early 2022. The Wheeler River project, significant for its large uranium resources, has been identified as critical for future development.

Denison Mines Corp. (DNN) released its financial statements for Q3 2020, highlighting a successful public offering that raised approximately US$19 million. The company reported over CAD$29 million in cash and remains debt-free. Denison resumed field activities at the Wheeler River site, focusing on the Phoenix In-Situ Recovery operation, which aims to be a low-cost uranium mining operation. Positive market trends in uranium, driven by nuclear energy's role in green initiatives and a stabilizing spot price around US$30/lb, further support Denison's growth potential.

Denison Mines Corp. has announced a successful transition from its In-Situ Recovery (ISR) field program at the Phoenix uranium deposit to an extensive exploration drilling program at the Wheeler River Uranium Project. The new program will involve approximately 12,000 meters of drilling, focusing first on the Phoenix area for mineralization extensions and later on regional targets. Denison is well-funded with over CAD$29 million in cash following a US$19 million public offering. Despite a temporary suspension of the formal environmental assessment process, Denison aims for a robust operational future.

Denison Mines Corp. (DNN) announced the completion of its public offering of 51,347,321 common shares at US$0.37 per share, generating approximately US$19.0 million in gross proceeds. This includes proceeds from the partial exercise of an over-allotment option. The funds will primarily support evaluation and environmental assessments for the Wheeler River project and general working capital. The offering was managed by a syndicate led by Cantor Fitzgerald Canada Corporation and Haywood Securities Inc.

Denison Mines Corp. has expanded its previously announced bought deal offering, increasing the number of common shares to 47 million, raising approximately US$17.4 million at an issue price of US$0.37 per share. The company also granted underwriters an over-allotment option allowing the purchase of an additional 7.05 million shares, potentially generating up to US$2.6 million in gross proceeds. Funds will support evaluation and environmental activities on the Wheeler River project and cover general working capital. Closing is expected around October 14, 2020.

Denison Mines Corp. announced a bought deal offering of 27,030,000 common shares at US$0.37 each, aiming to raise approximately US$10 million. There’s an option to purchase an additional 4,054,500 shares, potentially increasing the total to US$11.5 million. Proceeds will fund evaluation and environmental assessments for Denison's Wheeler River project. The offering is anticipated to close around October 14, 2020, pending necessary approvals. A cash commission of 6.0% of the gross proceeds will be paid to underwriters.

Denison Mines Corp. (DNN) reported its Q2 2020 financial results, announcing significant advancements in its uranium projects. The company achieved a key milestone with 'proof of concept' for the In-Situ Recovery (ISR) mining method at the Phoenix deposit. Denison resumed ISR field testing, aiming to gather data for a future feasibility study. An $8 million equity financing was successfully completed to support operations through 2021. The upcoming months are expected to be crucial, with multiple catalysts, including exploration programs and assessments planned for the J Zone deposit.

Denison Mines Corp. (TSX: DML, NYSE American: DNN) announced a favorable ruling from the London Court of International Arbitration regarding arbitration with Uranium Industry a.s. (UI). The court ordered UI to pay USD $10,000,000 plus interest for violating obligations related to a 2015 asset sale in Mongolia. Payments were originally due on November 16, 2016, but were not made. The arbitration panel dismissed all other claims made by UI, confirming Denison's strong position in this dispute.