Denison Mines (TSX: DML; NYSE: DNN) announced it is making an at-the-market $50-million equity offering to support work on the feasibility study for its Wheeler River uranium project in Saskatchewan’s Athabasca Basin. The financing will be co-led by Cantor Fitzgerald Canada and Scotia Capital.
The at-the-market offering allows Denison to occasionally sell through its agents the number of common shares needed to raise $50 million. The offer will be made at the discretion of the company and may not raise the entire desired amount.
Copies of the base prospectus and supplement may be obtained from at www.sedar.com, and copies of the U.S. registration statement containing the base prospectus and the supplement may be obtained for free from EDGAR on the SEC website at www.sec.gov.
The Wheeler River uranium project is 96% owned by Denison (www.DenisonMines.com).