Standard Mobile, Inc. (DML), GovEx Enter African Uranium Mineral Interests Merger Agreement
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Denison and GoviEx to Combine African Uranium Assets
March 30, 2016 7:30 AM EDTTORONTO, ONTARIO -- (Marketwired) -- 03/30/16 -- Denison Mines Corp. (TSX: DML)(NYSE MKT: DNN) ("Denison") is pleased to announce the execution of a Definitive Share Purchase Agreement (the "Agreement") with GoviEx Uranium Inc. (CSE: GXU) ("GoviEx") to combine their respective African uranium mineral interests (the "Transaction") to create the leading African-focused uranium development company.
Under the terms of the Transaction, GoviEx will acquire Denison's wholly owned subsidiary, Rockgate Capital Corp., which holds all of Denison's African-based uranium interests (collectively "DML Africa") in exchange for approximately 56.1 million shares of GoviEx (the... More
