Denison announces us$55 million bought deal offering

Toronto , oct. 10, 2023 /prnewswire/ - denison mines corp. ("denison" or the "company") (tsx: dml) (nyse american: dnn) is pleased to announce that it has entered into an agreement with cantor fitzgerald canada corporation, as sole book-runner and lead underwriter, on its own behalf and on behalf of a syndicate of underwriters (collectively, the "underwriters"), under which the underwriters have agreed to purchase, on a bought deal basis, 37 million shares of the company at us$1.49 per share (the "issue price") for aggregate gross proceeds of approximately us$55.13 million (the "offering"). view pdf version in addition, denison has agreed to grant to the underwriters an over-allotment option (the "over-allotment option") exercisable, in whole or in part, at the sole discretion of the underwriters to purchase up to an additional 5.55 million shares of the company at the issue price until october 16, 2023 for potential additional gross proceeds to denison of up to approximately us$8.27 million.
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