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Denison Mines Down in TSX, U.S. on Compulsory Acquisition of White Canyon Uranium Limited

Denison Mines (DML.TO) went down by more than 4% to $1.72 on the Toronto Stock Exchange and was lower in the United States by 3% at US$1.75 after announcing that after completing its acquisition of all of the outstanding shares of White Canyon Uranium Limited (WU.V), it will now proceed with the compulsory acquisition of the remaining shares of White Canyon.

The company said after the acquisition, White Canyon's Daneros Uranium Mine will become its fourth U.S. operating mine, providing additional ore feed to its 100% owned White Mesa mill.

Companies: Denison Mines Corp.

Price: US$1.75. Price Change: -0.05. Percent Change: -3.0.

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

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