BOULDER, Colo.--(BUSINESS WIRE)-- The Denali Fund Inc. (DNY) announced today that it has declared a dividend of $0.015 per common share payable in cash on July 31, 2012 to holders of record on July 24, 2012. The dividend will consist of approximately $0.015 per share of long-term capital gain. The amounts and sources of distributions reported are only estimates and are not provided for tax reporting purposes. After the end of the calendar year, stockholders will receive a 1099-DIV from their broker or transfer agent informing them how to report distributions received during that year for federal income tax purposes. The Fund is expected to trade ex-dividend on July 20, 2012.

For more information on the Fund, please visit us on the web at www.thedenalifund.com.

Fund Administrative Services, LLC
Brandon Krinhop, 303-449-0426

Source: The Denali Fund Inc.