Denison Intersects 17.3 Uranium Over 4.2 Metres in Follow-Up Drill Hole at the Gryphon Zone. Announces Definitive Agreement for Acquisition of International Enexco Limited. Raymond James analyst David Sadowski said this merger creates a “premier vehicle” for investors looking to capitalize on the rebound of the uranium sector, whenever that may happen. Denison Announces 36.83 U3O8 Over 6.5 Metres From Zone A of the Phoenix Deposit.
Randhawa will be CEO, and Fission’s chief operating officer Ross McElroy also keep his job. Lundin will become chairman of the combined company, which will be named Denison Energy Corp. Adjacent to Cameco & Fission, Athabasca Basin - Uranium. Denison’s shares are listed on the Toronto Stock Exchange under the symbol DML and on the NYSE American under the symbol DNN. A little background The drama first began last. Denison is a uranium exploration and development company with interests focused in the Athabasca Basin region of northern Saskatchewan, Canada. In addition to its asset base, Denison has a couple of other useful attributes for Fission: It has a stock listing in New York, and it is affiliated with mining kingpin Lukas Lundin, who has a long history of building value in the junior resource space. This summer Fission Uranium (CVE:FCU) announced it was merging with Denison Mines to create a 900 million exploration and development company to combine top uranium assets in Saskatchewan’s. The Uranium segment is involved in the exploration for, mining, and milling. The markets almost witnessed another consolidation between Fission Uranium (FCUUC) and Denison Mines (NYSE:DNN) however, that merger fell through. Denison Mines Corp, BHP, Orano SA, Cameco Corp, Fission Uranium Corp. Randhawa decided that he needed a bigger market capitalization and more trading liquidity if he hoped to attract institutional investors. Denison Mines Corp (Denison) is a uranium exploration and development company. “Between Denison and Fission, we’ll have the best (uranium) assets outside of Cameco.” “We think this is a time to add assets,” Randhawa said. This advertisement has not loaded yet, but your article continues below.
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