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

By Staff,

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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 Nasdaq, Inc.

Copyright (C) 2014 All rights reserved. Unauthorized reproduction is strictly prohibited.

This article appears in: Investing Commodities
Referenced Stocks: DNN

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