TransactionsDenison Mines Corp. Closes $65 Million FinancingPublished: 12/14/2010 By Chad Accursi, Angela Chu, Jennifer Hansen, Gregory Hogan, Christopher B. Norton On December 9, 2010, Denison Mines Corp. closed an underwritten private placement of 25 million special warrants of the Company (the “Special Warrants”) for gross proceeds of $61,250,000 (the “Non Flow- Through Offering”) and 1.4 million flow-through special warrants of the Company (the “Flow-Through Special Warrants”) for gross proceeds of $4,200,000 (the “Flow-Through Offering”). Collectively, the Non Flow-Through Offering and the Flow-Through Offering raised aggregate gross proceeds for the Company of $65,450,000 (the “Offering”). The Offering was completed through a syndicate of investment dealers co-led by GMP Securities L.P. and Scotia Capital Inc. Each Special Warrant and Flow-Through Special Warrant entitled the holder thereof to receive one common share of the Company (a “Common Share”) for no additional consideration. All unexercised Special Warrants and Flow-Through Special Warrants were deemed to be exercised on December 23, 2010. Cassels Brock acted for the underwriters with a team that included Chad Accursi (Securities and Mining), Greg Hogan (Securities), Angela Chu (Securities and Mining), and Jennifer Hansen (Securities) and Chris Norton (Tax). |