Denison announces successful procurement of 2.5 million lbs u3o8 as part of project finance initiative

Toronto, april 1, 2021 /prnewswire/ - denison mines corp. ("denison" or the "company") (tsx: dml) (nyse american: dnn) is pleased to announce that it has successfully secured 2.5 million pounds of uranium concentrates ("uranium" or "u3o8"), at a weighted average price of usd$29.61 per pound u3o8 and a total cost of approximately usd$74 million, as part of its previously announced project financing initiative in support of the future advancement and/or construction of the company's flagship 90% owned wheeler river uranium project ("wheeler river" or the "project"). all purchases were made in the uranium spot market, with delivery dates ranging from april 2021 to october 2021.
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