| Canada's Denison Mines to buy Fission Uranium | |
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July 6 (Reuters) - Canada's Denison Mines Corp on Monday agreed to buy Fission Uranium Corp, the companies said, creating a diversified Canadian uranium company with projects centered on the Northern Saskatchewan region. The combined company, to be named Denison Energy Corp, will have a market value of around C$900 million ($711.35 million) and be equally owned by Denison's and Fission's shareholders. ($1 = 1.2652 Canadian dollars) (Reporting by Nicole Mordant in Vancouver; Editing by Andrew Hay)
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Denison Mines Corp
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PRODUCER |
CODE : DML.TO |
ISIN : CA2483561072 |
CUSIP : 248356107 |
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ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact Cpy |
Denison Mines is a uranium producing company based in Canada. Denison Mines produces uranium, nickel in Canada, develops uranium in Canada and in Zambia, and holds various exploration projects in Canada, in Mongolia and in Zambia. Its main assets in production are MCCLEAN LAKE, DANEROS and ARIZONA 1 (ARIZONA STRIP) in Canada, its main assets in development are MIDWEST and MIDWEST - MAE ZONE in Canada and MUTANGA in Zambia and its main exploration properties are WOLLY, PARK CREEK, HUARD-KIRSCH LAKE, LARK-ROYAL, THOMPSON PROJECT, GEITUS, BLUE JAY PROJECT, MARCY-LOOK, BELL LAKE, MOORE LAKE, WHEELER RIVER, RIM CANYON, BEAVER SHAFT and WEST SUNDAY in Canada. Denison Mines is listed in Canada, in Germany and in United States of America. Its market capitalisation is CA$ 1.5 billions as of today (US$ 1.1 billions, € 1.1 billions). Its stock quote reached its lowest recent point on January 14, 2000 at CA$ 0.10, and its highest recent level on December 14, 2007 at CA$ 9.95. Denison Mines has 559 070 016 shares outstanding. |