Blueprint
|
Denison Mines
Corp.
1100 – 40
University Ave
Toronto, ON M5J
1T1
www.denisonmines.com
|
PRESS
RELEASE
DENISON ANNOUNCES
RESULTS OF SHAREHOLDER MEETING
Toronto, ON – May 2,
2019 Denison Mines Corp.
(“Denison” or the “Company”) (DML: TSX,
DNN: NYSE American) is pleased to report that the nominees
listed in the management proxy circular dated March 20, 2019 (the
“Circular”) for
the Annual General Meeting of Shareholders held today in Toronto
(the "Meeting ") were
elected as directors of the Company. Detailed results of the vote
for the election of directors are set out below.
Nominee
|
Votes For
|
% For
|
Votes Withheld
|
% Withheld
|
David D.
Cates
|
208,521,957
|
98.64
|
2,867,851
|
1.36
|
W. Robert
Dengler
|
208,825,134
|
98.79
|
2,564,674
|
1.21
|
Brian D.
Edgar
|
206,077,462
|
97.49
|
5,312,346
|
2.51
|
Ron F.
Hochstein
|
208,986,347
|
98.86
|
2,403,461
|
1.14
|
Jack O.A.
Lundin
|
208,960,770
|
98.85
|
2,429,038
|
1.15
|
Geun
Park
|
209,289,955
|
99.01
|
2,099,853
|
0.99
|
William A.
Rand
|
208,802,733
|
98.78
|
2,587,075
|
1.22
|
Catherine J.G. Stefan
|
209,271,914
|
99.00
|
2,117,894
|
1.00
|
Patricia M.
Volker
|
208,901,568
|
98.82
|
2,488,240
|
1.18
|
The Company is
also pleased to report that all other items of business presented
to its shareholders at the Meeting, each as more particularly
described in the Circular, were approved.
The Company has
provided more details on the results of all matters considered at
the Meeting in its Report of Voting Results filed under its profile
on SEDAR at www.sedar.com and EDGAR at
www.sec.gov/edgar.
About
Denison
Denison is a uranium exploration and development company with
interests focused in the Athabasca Basin region of northern
Saskatchewan, Canada. In addition to its 90% owned Wheeler River
project, which ranks as the largest undeveloped high-grade uranium
project in the infrastructure rich eastern portion of the Athabasca
Basin region, Denison's Athabasca Basin exploration portfolio
consists of numerous projects covering approximately 320,000
hectares. Denison's interests in the Athabasca Basin also include a
22.5% ownership interest in the McClean Lake joint venture
("MLJV"), which includes several uranium deposits and the McClean
Lake uranium mill, which is currently processing ore from the Cigar
Lake mine under a toll milling agreement, plus a 25.17% interest in
the Midwest and Midwest A deposits, and a 65.92% interest in the J
Zone and Huskie deposits on the Waterbury Lake property. Each of
Midwest, Midwest A, J Zone and Huskie are located within 20
kilometres of the McClean Lake mill.
Denison is also engaged in mine decommissioning and environmental
services through its Denison Environmental Services division and is
the manager of Uranium Participation Corp., a publicly traded
company which invests in uranium oxide and uranium
hexafluoride.
For more information, please contact
David
Cates
|
(416) 979-1991
ext. 362
|
President
and Chief Executive Officer
|
|
|
|
Sophia
Shane
|
(604)
689-7842
|
Investor
Relations
|
|
|
|
Follow
Denison on Twitter
|
@DenisonMinesCo
|
CAUTIONARY STATEMENT REGARDING FORWARD‐LOOKING STATEMENTS
Certain information contained in this news release constitutes
‘forward-looking information’, within the meaning of
the applicable United States and Canadian legislation concerning
the business, operations and financial performance and condition of
Denison. Generally, these forward-looking statements can be
identified by the use of forward-looking terminology such as
‘plans’, ‘expects’, ‘budget’,
‘scheduled’, ‘estimates’,
‘forecasts’, ‘intends’,
‘anticipates’, or ‘believes’, or the
negatives and/or variations of such words and phrases, or state
that certain actions, events or results ‘may’,
‘could’, ‘would’, ‘might’ or
‘will be taken’, ‘occur’, ‘be
achieved’ or ‘has the potential to’.
In particular, this news release contains forward-looking
information pertaining to the following: the benefits to be derived
from corporate transactions; expectations regarding Denison’s
joint venture ownership interests and the continuity of its
agreements with its partners; and expectations regarding the terms
and continuity of, and revenues from, the UPC management
contract.
Forward looking statements are based on the opinions and estimates
of management as of the date such statements are made, and they are
subject to known and unknown risks, uncertainties and other factors
that may cause the actual results, level of activity, performance
or achievements of Denison to be materially different from those
expressed or implied by such forward-looking statements. Denison
believes that the expectations reflected in this forward-looking
information are reasonable but no assurance can be given that these
expectations will prove to be accurate and results may differ
materially from those anticipated in this forward looking
information. For a discussion in respect of risks and other factors
that could influence forward-looking events, please refer to the
factors discussed in Denison’s Annual Information Form dated
March 12, 2019 under the heading ‘Risk Factors’. These
factors are not, and should not be construed as being
exhaustive.
Accordingly, readers should not place undue reliance on
forward-looking statements. The forward-looking information
contained in this news release is expressly qualified by this
cautionary statement. Any forward-looking information and the
assumptions made with respect thereto speaks only as of the date of
this news release. Denison does not undertake any obligation to
publicly update or revise any forward-looking information after the
date of this news release to conform such information to actual
results or to changes in Denison's expectations except as otherwise
required by applicable legislation.