Toronto, Canada-based Denison Mines Corp. (DNN) is a uranium exploration and development company. Its flagship project is the 95% interest-owned Wheeler River uranium project in the Athabasca Basin region in northern Saskatchewan.
Recently, DNN announced that it had entered into a binding agreement to make a $15 million strategic investment in F3 Uranium Corp. in the form of unsecured convertible debentures. The gross proceeds from the debentures are expected to be used to develop the Patterson Lake North (PLN) property and for F3’s working capital purposes.
