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BRIEF-Denison announces CAD$20 mln bought deal private placement of common and flow-through shares
February 16, 2017 / 12:54 PM / 7 months ago

BRIEF-Denison announces CAD$20 mln bought deal private placement of common and flow-through shares

Feb 16 (Reuters) - Denison Mines Corp

* Denison announces CAD$20m bought deal private placement of common and flow-through shares

* Denison Mines - underwriters have agreed to purchase 8.5 million flow-through common shares at a price of CAD$1.12 per share

* Denison Mines Corp - private placement of 5.8 million common shares of company at a price of CAD$0.95 per common share

* Denison Mines - underwriters have agreed to purchase a further 4.1 million flow-through common shares at a price of CAD$1.23 per share

* Denison Mines - intends to use proceeds from sale of common shares for exploration, development at co’s Canadian uranium mining projects in Saskatchewan

* Denison Mines Corp - intends to use gross proceeds from sale of shares for exploration, development activities at co’s Canadian uranium mining projects Source text for Eikon: Further company coverage:

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