Denison and Fission Announce Transaction to Create Leading Diversified Uranium Company
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Denison Mines (DNN, Fission Uranium Announce Uranium-Focused Business Combination
July 6, 2015 4:57 PM EDTDenison Mines (NYSE: DNN) and Fission Uranium Corp. announce the execution of a Binding Letter Agreement (the "Binding Agreement") to combine their respective businesses (the "Transaction"). The Transaction creates a leading Canadian focused diversified uranium company - combining high quality assets and the management teams of two highly respected companies. Headlining the asset portfolio of the combined company will be two world class uranium exploration and development projects: Fission's 100% owned Patterson Lake South Project, and Denison's 60% owned Wheeler River Project, both located in the prolific Athabasca Basin, in Northern Saskatchewan,... More
