| Canada's Denison Mines, Fission Uranium terminate merger agreement | |
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Oct 13 (Reuters) - Canadian uranium miner Denison Mines Corp and Fission Uranium Corp said they have terminated their C$483 million merger agreement due to opposition from Fission's shareholders. While a majority of the Fission shares voted in favor of the purchase by Denison, the required two-thirds approval was not obtained, the companies said in a statement. At the deadline for submission of proxies on Friday, Denison's shareholders strongly supported the arrangement. (Reporting by Sneha Banerjee in Bengaluru; Editing by Don Sebastian)
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VanEck Vectors Global Alternative Energy ETF
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PRODUCER |
CODE : DML.TO |
ISIN : CA2483561072 |
CUSIP : 248356107 |
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ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact Cpy |
Denison Mines is a uranium development stage company based in Canada. Denison Mines produces uranium, nickel in Canada, develops uranium in Canada and in Zambia, and holds various exploration projects in Canada, in Mongolia and in Zambia. Its main assets in production are MCCLEAN LAKE, DANEROS and ARIZONA 1 (ARIZONA STRIP) in Canada, its main assets in development are MIDWEST and MIDWEST - MAE ZONE in Canada and MUTANGA in Zambia and its main exploration properties are WOLLY, PARK CREEK, HUARD-KIRSCH LAKE, LARK-ROYAL, THOMPSON PROJECT, GEITUS, BLUE JAY PROJECT, MARCY-LOOK, BELL LAKE, MOORE LAKE, WHEELER RIVER, RIM CANYON, BEAVER SHAFT and WEST SUNDAY in Canada. Denison Mines is listed in Canada, in Germany and in United States of America. Its market capitalisation is 102.0 millions as of today (US$ 75.2 millions, € 67.7 millions). Its stock quote reached its lowest recent point on January 14, 2000 at 0.10, and its highest recent level on December 14, 2007 at 9.95. Denison Mines has 47 442 200 shares outstanding. |