Denison Mines Completes $20 Million Bought Deal of Common Shares and Flow-Through Shares
Denison Mines Corp. (“Denison”) (TSX: DML)(NYSE MKT: DNN), a leading uranium exploration and development company, completed an offering of ordinary common shares and common shares issued on a “flow-through” basis pursuant to the Income Tax Act (Canada). Denison issued 5,790,000 common shares (the “Common Shares”) at a price of $0.95 per Common Share, 8,482,000 Flow-Through Shares at a price of $1.12 per Flow-Through Share and 4,065,000 Flow-Through Shares at a price of $1.23 per Flow-Through Share for total gross proceeds of $20,000,290. The securities were issued through a syndicate of underwriters led by Paradigm Capital Inc. and including Cormark Securities Inc., TD Securities Inc., and Eight Capital (the “Underwriters”). Minden Gross LLP represented the syndicate of underwriters with a team comprised of Andrew Elbaz (Partner) – Securities and Capital Markets and Sasha Toten (Associate) – Securities and Capital Markets. .