Denison Mines Corp 6-K, filed Mar 28, 2022
Denison Mines Corp. (DNN)
6-K
2022-03-28
For: 2022-03-25
View Original
Added on
April 07, 2026
About this 6-K
Denison Mines Corp filed this 6-K on March 28, 2022.
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 6-K
REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE
13a-16 OR 15d-16
UNDER THE SECURITIES EXCHANGE ACT OF 1934
Date: March 28, 2022
Commission File Number: 001-33414
Denison Mines Corp.
(Name of
registrant)
1100-40 University Avenue
Toronto Ontario
M5J 1T1 Canada
(Address of
principal executive offices)
Indicate by check mark whether the registrant files
or will file annual reports under cover Form 20-F or Form
40-F.
Form
20-F ☐ Form 40-F ☒
Indicate by check mark if the registrant is submitting the
Form 6-K in paper as permitted by Regulation S-T Rule
101(b)(1): ☐
Indicate by check mark if the registrant is submitting the
Form 6-K in paper as permitted by Regulation S-T Rule
101(b)(7): ☐
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act
of 1934, the registrant has duly caused this report to be signed on
its behalf by the undersigned, thereunto duly
authorized.
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DENISON MINES
CORP.
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/s/ Amanda Willett
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Date: March
28, 2022
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Amanda
Willett
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Vice
President Legal and Corporate Secretary
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FORM 6-K
EXHIBIT INDEX
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Exhibit Number
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Description
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99.1
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99.2
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Exhibit 99.1
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Denison
Mines Corp.
1100 – 40 University
Ave
Toronto, ON M5J 1T1
www.denisonmines.com
@DenisonMinesCo
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PRESS
RELEASE
Denison
Announces Filing of Annual Report on Form 40-F
Toronto, ON – March 25,
2022 Denison Mines Corp.
(“Denison” or the “Company”) (TSX: DML;
NYSE American: DNN) is pleased to announce that it has filed its
2021 Annual Report on Form 40-F with the U.S. Securities and
Exchange Commission ("SEC"). Denison’s Form 40-F includes its
management discussion and analysis and audited financial statements
for the year ended December 31, 2021. The Form 40-F will be
available on Denison's website at www.denisonmines.com, and on
the SEC's website at www.sec.gov/edgar.shtml.
Denison’s
Annual Information Form has also been filed with Canadian
regulatory authorities and will be available on Denison's website
at www.denisonmines.com and under
the Company's profile on SEDAR at www.sedar.com.
Holders of
Denison's securities may receive a free printed copy of the
Company's most recent Form 40-F and Annual Report, including the
audited financial statements, by sending an email request to
info@denisonmines.com or by
writing to Denison Mines Corp., 1100 - 40 University Avenue,
Toronto, Ontario, Canada M5J 1T1.
About
Denison
Denison is a uranium exploration and development company with
interests focused in the Athabasca Basin region of northern
Saskatchewan, Canada. The Company has an effective 95% interest in
its flagship Wheeler River Uranium Project, which is the largest
undeveloped uranium project in the infrastructure rich eastern
portion of the Athabasca Basin region of northern Saskatchewan. A
PFS was completed for Wheeler River in late 2018, considering the
potential economic merit of developing Phoenix as an ISR operation
and the Gryphon deposit as a conventional underground mining
operation. Denison's interests in Saskatchewan also include a 22.5%
ownership interest in the McClean Lake Joint Venture, which
includes several uranium deposits and the McClean Lake uranium
mill, which is contracted to process the ore from the Cigar Lake
mine under a toll milling agreement (see RESULTS OF OPERATIONS
below for more details), plus a 25.17% interest in the Midwest Main
and Midwest A deposits and a 66.90% interest in the Tthe Heldeth
Túé ('THT,' formerly J Zone) and Huskie deposits on the
Waterbury Lake property. The Midwest Main, Midwest A, THT and
Huskie deposits are located within 20 kilometres of the McClean
Lake mill.
Through its 50% ownership of JCU, Denison holds additional
interests in various uranium project joint ventures in Canada,
including the Millennium project (JCU, 30.099%), the Kiggavik
project (JCU, 33.8123%) and Christie Lake (JCU,
34.4508%).
Denison is also engaged in post-closure mine care and maintenance
services through its Closed Mines group (formerly Denison
Environmental Services), which manages Denison’s reclaimed
mine sites in the Elliot Lake region and provides related services
to certain third-party projects.
For more information, please contact
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David
Cates
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(416) 979-1991
ext. 362
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President &
Chief Executive Officer
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Mac
McDonald
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(416) 979-1991
ext. 242
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Executive Vice
President & Chief Financial Officer
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Follow Denison on
Twitter
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@DenisonMinesCo
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Exhibit 99.2
EIGHTH AMENDING AGREEMENT TO
FOURTH
AMENDED AND RESTATED CREDIT AGREEMENT
THIS AGREEMENT dated as of the
21st day
of January, 2022.
BETWEEN:
THE BANK OF NOVA SCOTIA, a Canadian
chartered bank
(herein, in its
capacity as administrative agent for the Lenders, called the
“Administrative
Agent”)
- and
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DENISON MINES INC., a corporation
amalgamated under the laws of the Province of Ontario
(herein in its
capacity as the borrower, “DMI”)
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DENISON MINES CORP., a corporation
amalgamated under the laws of the Province of Ontario
(herein in its
capacity as the guarantor, “DMC” and, together with DMI, the
“Obligors”)
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THE SEVERAL LENDERS FROM TIME TO TIME PARTY
THERETO (herein and therein in their capacities as lenders
to the Borrower, collectively called the “Lenders” and individually called a
“Lender”)
WHEREAS the Obligors, the Lenders and
the Administrative Agent entered into a fourth amended and restated
credit agreement dated as of January 30, 2015, (as amended by
amending agreements dated January 27, 2016, January 31, 2017,
January 15, 2018, April 9, 2018, January 29, 2019, January 29, 2020
and January 14, 2021, the “Credit Agreement”);
AND WHEREAS the parties hereto wish to,
inter alia, amend a certain
provision of the Credit Agreement;
NOW THEREFORE THIS AGREEMENT WITNESSES
that, in consideration of the mutual covenants and agreements
contained herein, the parties covenant and agree as
follows:
ARTICLE 1
DEFINED
TERMS
1.1 Capitalized
Terms.
All capitalized
terms which are used herein without being specifically defined
herein shall have the meanings ascribed thereto in the Credit
Agreement.
ARTICLE 2
AMENDMENT TO
CREDIT AGREEMENT
2.1 General
Rule.
Subject to the
terms and conditions herein contained, the Credit Agreement is
hereby amended to the extent necessary to give effect to the
provisions of this agreement and to incorporate the provisions of
this agreement into the Credit Agreement.
2.2 Maturity
Date.
The definition of
“Maturity Date” is hereby amended by deleting the
reference therein to “January 31, 2022” and replacing
it with “January 31, 2023”.
ARTICLE 3
CONDITIONS
PRECEDENT
3.1 Conditions
Precedent.
This agreement
shall not become effective until the Administrative Agent, for and
on behalf of the Lenders, has received from the Obligors (i) a
non-refundable extension fee in the amount of $[redacted], (ii) an
officer certificate of a senior officer of each Obligor together
with a certified true copy of a resolution of the board of
directors of each Obligor authorizing the execution, delivery and
performance of this agreement by the applicable Obligor, (iii) a
legal opinion of counsel to the Obligors addressed to the
Administrative Agent and the Lenders relating to the status and
capacity of each Obligor and the due authorization, execution and
delivery of this agreement, the enforceability of the Credit
Agreement as amended by this agreement and such other matters as
the Administrative Agent may reasonably request and (iv) except as
delivered under the Existing Credit Agreement, share certificates
representing all of the issued and outstanding shares of the
Borrower duly endorsed in blank for transfer or attached to duly
executed stock transfers and powers of attorney or as otherwise
required under Applicable Law.
ARTICLE 4
MISCELLANEOUS
4.1 No
Default.
The Obligors
represent and warrant to and in favour of the Administrative Agent
and the Lenders that no Default has occurred and is continuing as
at the date this agreement becomes effective and no Default would
arise immediately thereafter.
4.2 Future
References to the Credit Agreement.
On and after the
date of this agreement, each reference in the Credit Agreement to
“this agreement”, “hereunder”,
“hereof”, or words of like import referring to the
Credit Agreement, and each reference in any related document to the
“Credit Agreement”, “thereunder”,
“thereof”, or words of like import referring to the
Credit Agreement, shall mean and be a reference to the Credit
Agreement as amended hereby. The Credit Agreement, as amended
hereby, is and shall continue to be in full force and effect and is
hereby in all respects ratified and confirmed.
4.3 Governing
Law.
This agreement
shall be governed by and construed in accordance with the laws of
the Province of Ontario and the federal laws of Canada applicable
therein.
4.4 Enurement.
This agreement
shall enure to the benefit of and shall be binding upon the parties
hereto and their respective successors and permitted
assigns.
4.5 Further
Assurances.
The Obligors
shall do, execute and deliver or shall cause to be done, executed
and delivered all such further acts, documents and things as the
Administrative Agent may reasonably request for the purpose of
giving effect to this agreement and to each and every provision
hereof.
4.6 Counterparts.
This agreement
may be executed and delivered in one or more original, emailed (in
..pdf format), faxed or by other electronic means, signed
counterparts, and by different parties in separate counterparts,
each of which shall be deemed to be an original and all of which
taken together shall be deemed to constitute one and the same
instrument.
4.7 Confirmation
of Security.
Each
Obligor confirms and agrees that the Liens and other obligations
expressed to be created under or pursuant to each Security Document
to which it is a party shall be binding upon such Obligor and its
collateral (as described in each such Security Document) shall be
unaffected by and shall continue in full force and effect
notwithstanding the amendment to the Credit Agreement as
constituted hereby and the execution and delivery and effectiveness
of this agreement shall not in any manner whatsoever reduce,
release, discharge, impair or otherwise prejudice or change the
rights of the Finance Parties arising under, by reason of or
otherwise in respect of such Liens and other obligations
constituted by each such Security Document. For the avoidance of
doubt, each Obligor hereby confirms that each Security Document to
which it is a party secures its Secured Obligations and that each
such Security Document continues in full force and
effect.
[Remainder of page intentionally blank.]
Eighth Amending Agreement
IN WITNESS WHEREOF, the parties hereto
have executed and delivered this agreement on the date first above
written.
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Denison Mines
Inc.
1100 - 40
University Avenue
Toronto, ON M5J
1T1
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DENISON MINES INC.
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By:
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“Signed”
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Attention:
Chief Financial Officer
Telefax: (416)
979-5893
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By:
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Name: David
Cates
Title: President
& CEO
“Signed”
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Name: Mac
McDonald
Title:
CFO
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Denison Mines
Corp.
1100 - 40
University Avenue
Toronto, ON M5J
1T1
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DENISON MINES CORP.
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By:
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“Signed”
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Attention:
Chief Financial Officer
Telefax: (416)
979-5893
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By:
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Name: David
Cates
Title: President
& CEO
“Signed”
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Name: Mac
McDonald
Title: Exec Vice
President & CFO
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Eighth Amending Agreement
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The Bank of Nova Scotia
Corporate Banking – Loan
Syndications
40 King St. West – 55th Floor
Toronto, Ontario M5W 2X6
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THE BANK OF NOVA SCOTIA, as Administrative Agent
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Attention:
Managing Director
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By:
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“Signed”
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Telefax: (416)
866-3329
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Name: Clement
Yu
Title:
Director
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By:
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“Signed”
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Name: Venita
Ramjattan
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Title:
Associate
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The Bank of Nova
Scotia
Corporate Banking
– Global Mining
Scotia Plaza,
62nd
Floor
40 King Street
West
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THE BANK OF NOVA SCOTIA, as Lender
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Toronto, Ontario
M5W 2X6
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By:
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“Signed”
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Name: Elizabeth
Daponte
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Attention:
Managing Director
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Title: Managing
Director
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Telefax: (416)
866-2009
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By:
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“Signed”
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Name: Rannon
Stuive
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Title: Associate
Director
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Eighth Amending Agreement