Denison Mines Corp 6-K, filed Apr 10, 2020
Denison Mines Corp. (DNN)
6-K
2020-04-10
For: 2020-04-09
View Original
Added on
April 07, 2026
About this 6-K
Denison Mines Corp filed this 6-K on April 10, 2020.
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: April 10, 2020
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): ☐
INCORPORATION BY
REFERENCE
Exhibit 99.2 to
this Form 6-K of Denison Mines Corp. is hereby incorporated by
reference as an exhibit to its Registration Statement on Form F-10
(File No. 333-237381), as amended or
supplemented.
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: April
10, 2020
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Amanda
Willett
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Corporate Counsel 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
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PRESS
RELEASE
DENISON COMPLETES USD$5.75 MILLION PUBLIC OFFERING
Toronto, ON – April 9,
2020. Denison Mines Corp. (“Denison” or the
“Company”) (DML: TSX, DNN: NYSE American) is pleased to
announce that today it has closed its previously announced public
offering (the “Offering”) of common shares of the
Company (the “Common Shares”).
The
Company issued 28,750,000 Common Shares, at a price of USD$0.20 per
Common Share, for total gross proceeds of USD$5,750,000, which
includes the exercise in full of the over-allotment option of
3,750,000 Common Shares.
David Cates, Denison’s President & CEO,
commented, “We are pleased with the
market’s response to the Offering. The exercise of the full
over-allotment, and the Company’s ability to complete a
significant equity financing in the current market, speaks to the
support that Denison has earned over the last several years from
its investors. The offering was backed by several existing
shareholders, including uranium focused investment firms, insiders,
and the Lundin family.”
The
Offering was completed through a syndicate of underwriters co-led
by Cantor Fitzgerald Canada Corporation, as sole bookrunner, and
Haywood Securities Inc., and included BMO Nesbitt Burns Inc.,
Scotia Capital Inc., TD Securities Inc., Canaccord Genuity Corp.
and Raymond James Ltd. (collectively the
“Underwriters”) pursuant to an underwriting agreement
between the Company and the Underwriters dated March 26,
2020.
Proceeds of the
Offering are anticipated to be used to fund Denison’s
business activities planned for the remainder of 2020 and into
2021, as well as for general working capital purposes, as more
fully described in the Company’s final short form
prospectus.
The Common Shares
were qualified for issuance pursuant to a final short form
prospectus in all provinces of Canada (other than Quebec), and in
the United States pursuant to a related registration statement on
Form F-10, as amended (SEC File No. 333-237381), filed with the
United States Securities and Exchange Commission (the
“SEC”) under the Canada/U.S. multi-jurisdictional
disclosure system. The final short form prospectus is available on
SEDAR at www.sedar.com and the
registration statement, including the U.S. form of the final short
form prospectus, is available on the SEC’s website at
www.sec.gov. This news release shall not
constitute an offer to sell or the solicitation of an offer to buy
nor shall there be any sale of the Common Shares in any
jurisdiction in which such offer, solicitation or sale would be
unlawful prior to registration or qualification under the
securities laws of that jurisdiction. The Common Shares have not
been approved or disapproved by any regulatory authority, nor has
any such authority passed upon by the accuracy or adequacy of the
prospectus or the registration statement.
About Denison
Denison is a uranium exploration and development company with
interests focused in the Athabasca Basin region of northern
Saskatchewan, Canada. Denison’s Athabasca Basin exploration
portfolio consists of numerous projects covering approximately
280,000 hectares. The Company's flagship project is the 90% owned
Wheeler River Uranium Project. Denison’s interests in the
Athabasca Basin also include a 22.5% ownership interest in the
McClean Lake joint venture (“MLJV”), which includes
several uranium deposits and the McClean Lake uranium mill, which
is currently processing ore from the Cigar Lake mine under a toll
milling agreement, plus a 25.17% interest in the Midwest and
Midwest A deposits, and a 66.57% interest in the J Zone and Huskie
deposits on the Waterbury Lake property. Each of Midwest, Midwest
A, J Zone and Huskie are located within 20 kilometres of the
McClean Lake mill.
Denison is engaged in mine decommissioning and environmental
services through its Closed Mines group (formerly Denison
Environmental Services), which manages Denison's Elliot Lake
reclamation projects and provides post-closure mine care and
maintenance services to a variety of industry and government
clients.
Denison is also the manager of Uranium Participation Corp., a
publicly traded company which invests in uranium oxide and uranium
hexafluoride.
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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Sophia Shane
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(604) 689-7842
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Investor
Relations
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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 news release constitutes
‘forward-looking information’, within the meaning of
the applicable United States and 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 news release contains forward-looking
information pertaining to the following: the proposed use of
proceeds of the Offering; evaluation and development plans and
objectives; and expectations regarding its joint venture ownership
interests and the continuity of its agreements with its
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, level of activity, performance
or achievements of Denison to be materially different from those
expressed or implied by such forward-looking statements. For
example, if market conditions remain volatile and/or COVID-19
mitigation measures result in more social and economic disruptions,
Denison may not be able to complete its operational plans as
currently anticipated, which could have significant impacts on
Denison and its ability to continue as a going concern. 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 results 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 13, 2020 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 news 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 news release. Denison does not undertake any obligation to
publicly update or revise any forward-looking information after the
date of this news release to conform such information to actual
results or to changes in Denison's expectations except as otherwise
required by applicable legislation.
Exhibit 99.2
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Computershare
100
University Avenue, 8th floor
Toronto ON, M5J
2Y1
www.computershare.com
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Date: April 9,
2020
To:
All Canadian Securities Regulatory Authorities
Subject:
DENISON MINES CORP.
Dear
Sir/Madam:
We
advise of the following with respect to the upcoming Meeting of
Security Holders for the subject Issuer:
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Meeting Type :
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Annual General
Meeting
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Record Date for Notice of
Meeting :
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May
6, 2020
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Record Date for Voting (if
applicable) :
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May
6, 2020
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Beneficial Ownership
Determination Date :
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May
6, 2020
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Meeting Date :
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June
25, 2020
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Meeting Location (if
available) :
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Toronto, ON
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Issuer sending proxy related
materials directly to NOBO:
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No
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Issuer paying for delivery to
OBO:
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Yes
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Notice and
Access (NAA) Requirements:
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NAA
for Beneficial Holders
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Yes
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Beneficial Holders
Stratification Criteria:
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Not
Applicable
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NAA
for Registered Holders
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Yes
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Registered Holders
Stratification Criteria:
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Not
Applicable
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Voting
Security Details:
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Description
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CUSIP
Number
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ISIN
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COMMON
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248356107
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CA2483561072
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Sincerely,
Computershare
Agent for DENISON MINES
CORP.