TORONTO, June 25, 2020 /PRNewswire/ - 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 May 12,
2020 (the "Circular") for the Annual General Meeting
of Shareholders held today in Toronto (the "Meeting ") were elected
as directors of the Company. Detailed results of the vote for the
election of directors are set out below. View PDF version
Nominee
|
Votes
For
|
%
For
|
Votes
Withheld
|
%
Withheld
|
David D.
Cates
|
235,503,922
|
85.12
|
41,152,817
|
14.88
|
W. Robert
Dengler
|
274,895,548
|
99.36
|
1,761,191
|
0.64
|
Brian D.
Edgar
|
275,106,444
|
99.44
|
1,550,295
|
0.56
|
Ron F.
Hochstein
|
224,143,579
|
81.02
|
52,513,160
|
18.98
|
Jun Gon
Kim
|
236,167,648
|
85.36
|
40,489,091
|
14.64
|
Jack O.A.
Lundin
|
235,221,069
|
85.02
|
41,435,670
|
14.98
|
Catherine J.G.
Stefan
|
275,005,584
|
99.40
|
1,651,155
|
0.60
|
Patricia M.
Volker
|
274,940,219
|
99.38
|
1,716,520
|
0.62
|
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.
The Company has provided more details on the results of all
matters considered at the Meeting in its Report of Voting Results
filed under its profile on SEDAR at www.sedar.com and 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. In addition to the Wheeler River project, Denison's
Athabasca Basin exploration
portfolio consists of numerous projects covering over 250,000
hectares. 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 also 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 the manager of Uranium Participation Corp., a
publicly traded company which invests in uranium oxide and uranium
hexafluoride.
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 benefits to be derived
from corporate transactions; expectations regarding Denison's joint
venture ownership interests and the continuity of its agreements
with its partners; and expectations regarding the terms and
continuity of, and revenues from, the UPC management
contract.
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 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.
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SOURCE Denison Mines Corp.