Referenced Stocks

Denison's U.S. Mining Assets to be Acquired by Energy Fuels; DNN Up 1.3%, Energy Fuels Down 4% on TSX

By Midnight Trader,  May 24, 2012, 01:01:52 PM EDT

Energy Fuels Inc. (EFR.TO) and Denison Mines Corp. ( DNN ) announced that the companies have entered into a definitive arrangement agreement with respect to a previously announced transaction whereby Energy Fuels will acquire all of the shares of the subsidiaries holding Denison's U.S. mining assets and operations, as well as all of the inter-company debt between Denison and the US Mining Division.

DNN shares are up 1.3% to $1.54.

EFR.TO shares are down 4% to $0.25 on the Toronto Stock Exchange.




The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.


This article appears in: Investing, Commodities

Referenced Stocks: DNN



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