TORONTO, May 15, 2023
/CNW/ - Denison Mines Corp. ("Denison" or the "Company")
(TSX: DML) (NYSE American: DNN) is pleased to report that the
nominees listed in the management proxy circular dated April 3, 2023 (the "Circular") for the Annual
General Meeting of Shareholders held in Toronto today (the "Meeting") were
elected as directors of the Company. View PDF version
The Company is also pleased to report that all other items of
business presented to its shareholders at the Meeting, as more
particularly described in the Circular, were approved.
Detailed results of the vote by proxy for the election of
directors are set out below.
Nominee
|
Votes
For
|
% For
|
Votes
Withheld
|
%
Withheld
|
Byeong Min
An
|
298,170,877
|
97.94
|
6,278,394
|
2.06
|
David Cates
|
298,089,738
|
97.91
|
6,359,534
|
2.09
|
Brian Edgar
|
292,545,013
|
96.09
|
11,904,259
|
3.91
|
Ron
Hochstein
|
285,358,826
|
93.73
|
19,090,445
|
6.27
|
David
Neuburger
|
298,154,071
|
97.93
|
6,295,201
|
2.07
|
Laurie
Sterritt
|
297,508,820
|
97.72
|
6,940,452
|
2.28
|
Jennifer
Traub
|
300,519,806
|
98.71
|
3,929,466
|
1.29
|
Patricia
Volker
|
300,461,104
|
98.69
|
3,988,168
|
1.31
|
The Company has provided more details on the results of all matters
considered at the Meeting in its Report of Voting Results which has
been filed under its profile on SEDAR at www.sedar.com and will be
filed on EDGAR at www.sec.gov/edgar.
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
Pre-Feasibility Study was completed for Wheeler River in late 2018,
considering the potential economic merit of developing Phoenix as an in-situ recovery ('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, plus a 25.17% interest in the Midwest Main and
Midwest A deposits and a 67.41% 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, 33.8118%) and Christie Lake (JCU, 34.4508%).
Denison's exploration portfolio includes further interests in
properties covering ~300,000 hectares in the Athabasca Basin region.
Denison is also engaged in post-closure mine care and
maintenance services through its Closed Mines group, which manages
Denison's reclaimed mine sites in the Elliot Lake region and provides related
services to certain third-party projects.
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 composition of the
Denison Board; expectations regarding Denison's joint venture
ownership interests and the continuity of its agreements with third
parties.
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.
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 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 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.
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SOURCE Denison Mines Corp.