Denison announces sale of goviex shares and warrants for up to $41.6 million

Toronto, oct. 21, 2021 /prnewswire/ - denison mines corp. ("denison" or the "company") (tsx: dml) (nyse american: dnn) is pleased to announce it has entered into a private agreement to sell (the "transaction") 32,500,000 common shares ("goviex shares") of goviex uranium inc. ("goviex"), currently held by denison for investment purposes, and 32,500,000 common share purchase warrants entitling the holder to acquire one (1) additional common share of goviex owned by denison at an exercise price of $0.80 for a term of 18 months ("goviex warrants"). on closing of the transaction, denison will receive gross proceeds of $15,600,000 and will continue to hold 32,644,000 common shares of goviex.
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