Denison announces agreement to form exploration joint ventures with cosa resources

Toronto , nov. 27, 2024 /prnewswire/ - denison mines corp. ("denison" or the "company") (tsx: dml) (nyse american: dnn) is pleased to announce that is has executed an agreement (the "agreement") with cosa resources corp. ("cosa") (tsx-v: cosa) to form three uranium exploration joint ventures in the eastern portion of the athabasca basin region in northern saskatchewan. pursuant to the agreement, cosa will acquire a 70% interest in denison's 100%-owned murphy lake north, darby, and packrat properties (the "properties") in exchange for approximately 14.2 million cosa common shares, $2.25m in deferred equity consideration, and a commitment to spend $6.5 million in exploration expenditures at murphy lake north and darby (the "transaction").
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