Denison Mines Corp (DNN) - NYSEMKT
  • Oct. 28, 2015, 4:59 PM
    • A dispute between Fission Uranium (OTCQX:FCUUF) and a retail shareholder group has escalated to the point where the shareholders are working on a plan to launch a proxy fight and kick out the company’s board, Financial Post reports.
    • The dispute that was brewing for months went public this week as Fission’s board adopted a bylaw that forces the group to give the company 30 days notice if it wants to name new directors at the Dec. 15 annual meeting.
    • The group believes the decision to pursue a merger with Denison Mines (NYSEMKT:DNN) is evidence the board is not acting in the best interests of the company and that shareholder value is at risk.
    | Oct. 28, 2015, 4:59 PM | 5 Comments
  • Oct. 13, 2015, 8:58 AM
    • Denison Mines (NYSEMKT:DNN) and Fission Uranium (OTCQX:FCUUF) say they have terminated their C$483M merger agreement after the deal failed to receive the necessary approval of two-thirds of Fission's shareholders.
    • At the deadline for submission of proxies on Friday, DNN's shareholders had strongly supported the deal.
    • DNN had sought to acquire Fission to expand its presence in the Athabasca mining region in Saskatchewan.
    | Oct. 13, 2015, 8:58 AM | 10 Comments
  • Jan. 16, 2013, 2:49 PM

    Among the Fission Energy assets being acquired by Denison (DNN +3.4%) is a 60% stake in the Waterbury Lake uranium project, part of a deposit attached to Rio Tinto’s (RIO -1.9%) Roughrider deposit - which Cantor Fitzgerald says "ties a neat bow on top of Denison for a potential takeout offer" from RIO. The analyst also considers Cameco (CCJ -1.2%) a potential source of a competing offer for Fission.

    | Jan. 16, 2013, 2:49 PM
  • Jan. 16, 2013, 8:38 AM

    Denison Mines (DNN) will acquire a portfolio of uranium exploration projects from Fission Energy (FSSIF.PK), including Fission's 60% interest in the Waterbury Lake uranium project, as well as exploration interests in the eastern part of the Athabasca Basin, plus assets in Namibia, Quebec and Nunavut.

    | Jan. 16, 2013, 8:38 AM
  • May 23, 2012, 9:19 AM

    Uranium giant Cameco's (CCJ) planned effort to raise as much as $1B through a combination of securities may signal an upcoming acquisition, BMO Capital suggests, citing falling uranium equity valuations in recent weeks and CCJ's ample funding capability. Potential targets: Paladin Energy (PALAF.PK), Denison Mines (DNN), UEX Corp. (UEXCF.PK)

    | May 23, 2012, 9:19 AM | 2 Comments
  • Apr. 14, 2011, 3:39 PM

    Uranium names back in favor today after a report suggests that related companies, so depreciated they’re trading at less than their assets would be worth in a fire sale, could see a pickup in M&A activity. Japan’s nuclear crisis made uranium miners 31% cheaper relative to book value, Bloomberg says. URG +4.4%, UEC +4.7%, URRE +0.5%, USU +1.6%, DNN +2.6%, URZ +7.6%.

    | Apr. 14, 2011, 3:39 PM | 1 Comment
Company Description
Denison Mines Corp. is engaged in uranium mining and related activities, including acquisition, exploration and development of uranium bearing properties, extraction, processing and selling of uranium. The company holds interest in the McClean Lake mill located in the Athabasca Basin of... More
Industry: Industrial Metals & Minerals
Country: Canada