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Stock impact report

Grounded Lithium Announces Non-Core Acquisition of Oil and Gas Rights [Globe and Mail, The (Toronto, Canada)]

Denison Mines Corp Ordinary Shares (Canada) (DNN) 
NASDAQ:AMEX Investor Relations: denisonmines.com/s/investorrelations.asp
entered into a definitive agreement dated December 30, 2025 (the " Purchase Agreement ") to acquire (the " Acquisition ") a minority interest in oil and gas mineral rights in Saskatchewan with the strategic rationale to supplement cash flow and working capital reserves as the Kindersley Lithium Project (" KLP ") continues to advance with our partner, Denison Mines Corp (" Denison "). Under the Purchase Agreement, Grounded will remit approximately $25,000 in cash consideration to a related company and will receive a 30% mineral interest in approximately four sections located in south-central Saskatchewan near Lloydminster, an area with a history of low-risk, conventional, shallow, medium to heavy oil targets (the " Lands "). The related company, Analogy Capital Advisors Inc. (" Analogy Capital ") is an entity co-owned and controlled by Mr. John D. Wright, Chairman of GLC. As such, the Acquisition is a non-arm's length transaction. Analogy Capital controls a 70% working interest in thes Show less Read more
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