Denison Mines Corp 6-K, filed Dec 18, 2023
Denison Mines Corp. (DNN)
6-K
2023-12-18
For: 2023-12-18
View Original
Added on
April 07, 2026
About this 6-K
Denison Mines Corp filed this 6-K on December 18, 2023.
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: December 18, 2023
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:
December 18, 2023
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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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Press release dated December 18,
2023 |
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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
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PRESS
RELEASE
Denison
Reports Appointment of Elizabeth Sidle as CFO
and Addition of
Geoff Smith to Executive Team
Toronto, ON
– December 18, 2023. Denison Mines Corp. (“Denison” or the
“Company”) (TSX: DML, NYSE American: DNN) is
pleased to announce the appointment of Ms. Elizabeth Sidle to the
position of Chief Financial Officer, in addition to her current
position as Vice President Finance, and the addition of Mr. Geoff
Smith to the position of Vice President Corporate Development &
Commercial.
David Cates, Denison's President and Chief
Executive Officer, commented, “We
are proud to promote Liz Sidle to the position of Chief Financial
Officer. In her prior positions with Denison, Liz has demonstrated
a commitment to excellence and is a highly valued member of the
executive team. We thank her for stepping in as Interim CFO, and
know she will continue to excel as a leader of our finance team
during this exciting time of growth for the
Company.
We are also delighted to have Geoff Smith join our executive team.
Geoff’s extensive capital markets expertise will provide
immediate value to our efforts to execute on Denison’s
strategic objectives, including the ongoing advancement of the
Wheeler River project and other initiatives.”
Ms. Elizabeth Sidle – Vice President Finance & Chief
Financial Officer
Ms. Sidle joined
Denison in 2016, advancing to the position of Vice President
Finance in 2021. Prior to joining Denison, she held various roles
at Ernst & Young LLP, including serving in the firm's National
Accounting and Assurance Group. Ms. Sidle is a CPA, CA and holds a
Bachelor of Science from Queen's University and a Diploma in
Accounting from Wilfred Laurier University. Ms. Sidle has been
serving as Denison’s Interim Chief Financial Officer since
September 1, 2023, during a temporary medical leave of absence of
the Company’s previous Chief Financial Officer and since his
departure from Denison in late October 2023.
Mr. Geoff Smith – Vice President Corporate Development &
Commercial
Mr. Smith will be
focused on supporting Denison’s investor and customer
engagement, the evaluation and execution of growth opportunities
and financing arrangements, and the development and oversight of
the Company’s uranium sales and contracting strategies. Mr.
Smith brings to Denison extensive experience in capital markets and
the mining and resource sector, having previously served as
Managing Director in the Global Mining & Metals group at
Scotiabank. Mr. Smith holds an Honours Bachelor of Commerce from
Queen’s University and is a CFA charter holder.
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. In
mid-2023, a Feasibility Study was completed for Wheeler
River’s Phoenix deposit as an ISR mining operation, and an
update to the previously prepared PFS was completed for Wheeler
River’s Gryphon deposit as a conventional underground mining
operation. Based on the respective studies, both deposits have the
potential to be competitive with the lowest cost uranium mining
operations in the world. Permitting efforts for the planned Phoenix
ISR operation commenced in 2019 and have advanced significantly,
with licensing in progress and a draft Environmental Impact
Statement submitted for regulatory and public review in October
2022.
Denison's interests in Saskatchewan also include a 22.5% ownership
interest in the McClean Lake Joint Venture, which owns several
uranium deposits and the McClean Lake uranium mill, contracted to
process the ore from the Cigar Lake mine under a toll milling
agreement, plus a 25.17% interest in the Midwest Main and Midwest A
deposits and a 67.41% interest in the THT 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 (Canada) Exploration Company, Ltd
('JCU'), Denison holds additional interests in various uranium
project joint ventures in Canada, including the Millennium project
(JCU, 30.099%), the Kiggavik project (JCU, 33.8118%) and Christie
Lake (JCU, 34.4508%).
Denison's exploration portfolio includes further interests in
properties covering approximately 285,000 hectares in the Athabasca
Basin region.
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 and Chief Executive
Officer
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Geoff Smith
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(416) 979-1991 ext. 358
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Vice
President Corporate Development & Commercial
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Follow Denison on Twitter
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@DenisonMinesCo
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Cautionary Statement Regarding Forward-Looking
Statements
Certain information contained in this press release constitutes
"forward-looking information", within the meaning of the United
States Private Securities Litigation Reform Act of 1995 and similar
Canadian legislation concerning the business, operations and
financial performance and condition of Denison. Generally, these
forward-looking statements can be identified by the use of
forward-looking terminology such as "plans", "expects", "budget",
"scheduled", "estimates", "forecasts", "intends", "anticipates", or
"believes", or the negatives and/or variations of such words and
phrases, or state that certain actions, events or results "may",
"could", "would", "might" or "will be taken", "occur", "be
achieved" or "has the potential to". In particular, this press
release contains forward-looking information pertaining to the
following: the anticipated role and objectives to be achieved with
the appointments of Ms. Sidle and Mr. Smith and the creation of the
Vice President Corporate Development & Commercial position; and
Denison’s percentage interest in its properties and its plans
and agreements with its joint venture partners.
Forward looking statements are based on the opinions and estimates
of management as of the date such statements are made, and they are
subject to known and unknown risks, uncertainties and other factors
that may cause the actual results, performance or achievements of
Denison to be materially different from those expressed or implied
by forward-looking statements. Denison believes that the
expectations reflected in this forward-looking information are
reasonable but no assurance can be given that these expectations
will prove to be accurate and may differ materially from those
anticipated in this forward looking information.
For a discussion in respect of risks and other factors that could
influence forward-looking events, please refer to the factors
discussed in Denison's Annual Information Form dated March 27, 2023
under the heading "Risk Factors". These factors are not, and should
not be construed as being, exhaustive.
Accordingly, readers should
not place undue reliance on forward-looking statements. The
forward-looking information contained in this press release is
expressly qualified by this cautionary statement. Any
forward-looking information and the assumptions made with respect
thereto speaks only as of the date of this press release. Denison
does not undertake any obligation to publicly update or revise any
forward-looking information after the date of this press release to
conform such information to actual results or to changes in
Denison's expectations except as otherwise required by applicable
legislation.