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0.00156032555981943 0.00156032555981943 0.00565090878421113 0.00366887361362972 0.00366887361362972 0.00366887361362972 0.00366887361362972 0.00366887361362972
Stock impact report

Investor Outlook: Denison Mines expands uranium footprint with Russell Lake acquisition [BNN Bloomberg (Canada)]

Denison Mines Corp Ordinary Shares (Canada) (DNN) 
NASDAQ:AMEX Investor Relations: denisonmines.com/s/investorrelations.asp
Company Research Source: BNN Bloomberg
exploration footprint next to its flagship Wheeler River property. The agreement creates four joint ventures and gives Denison the option to raise its ownership over time. BNN Bloomberg spoke with David Cates, CEO of Denison Mines, about how the transaction fits into the company's long-term pipeline strategy as it nears key permitting milestones for its Phoenix project. Key Takeaways Denison is acquiring initial stakes across four joint ventures carved out of Skyharbour's Russell Lake property beside Wheeler River. The structure lets Denison lift its ownership to as much as 70 per cent in two of the joint ventures through exploration spending. Russell Lake's size and geology prompted the split into four JVs to give each target area focused exploration attention. The acquisition supports Denison's long-term strategy as it approaches federal and provincial permits for its Phoenix in-situ recovery project. Cates says global sentiment for nuclear energy is the strongest in d Show less Read more
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