Denison Completes Private Placement of Flow-Through Shares for Proceeds of Approx. CAD$930,000

/NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES
OR FOR DISSEMINATION IN THE UNITED STATES/

TORONTO, Dec. 31, 2020 /CNW/ – Denison Mines Corp. ("Denison" or the "Company") (TSX: DML ) (NYSE American: DNN) is pleased to announce that today it has completed a non-brokered private placement of common shares that qualify as "flow-through shares" for purposes of the Income Tax Act (Canada) (the "Flow-Through Shares") at a price of CAD$0.86 per share, for gross proceeds of approximately CAD$930,000 (the "Offering"). View PDF version

The financing was priced on December 16, 2020 at a 17% premium to the then 5-day volume weighted average price ("VWAP") of the Company’s shares on the TSX. View PDF Denison Completes Private Placement of Flow-Through Shares for Proceeds of Approx. CAD$930,000 (CNW Group/Denison Mines Corp.) David Cates, President and CEO of Denison, commented, "This small financing was led by strong insider participation – […]

Click here to view original web page at www.newswire.ca

About the author: StockMan

Any information posted on the website has been prepared without taking into account your objectives, financial situation or needs and as such, you should before acting on the information or advice, consider the appropriateness of the information or advice in relation to your objectives, financial situation or needs. Please be aware that any information posted on this site should not be considered to be financial product advice.