0001654954-20-000987.txt : 20200131 0001654954-20-000987.hdr.sgml : 20200131 20200131122506 ACCESSION NUMBER: 0001654954-20-000987 CONFORMED SUBMISSION TYPE: 6-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20200131 FILED AS OF DATE: 20200131 DATE AS OF CHANGE: 20200131 FILER: COMPANY DATA: COMPANY CONFORMED NAME: DENISON MINES CORP. CENTRAL INDEX KEY: 0001063259 STANDARD INDUSTRIAL CLASSIFICATION: MISCELLANEOUS METAL ORES [1090] IRS NUMBER: 000000000 STATE OF INCORPORATION: A6 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 6-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-33414 FILM NUMBER: 20564129 BUSINESS ADDRESS: STREET 1: 40 UNIVERSITY AVE., SUITE 1100 CITY: TORONTO STATE: A6 ZIP: M5J 1T1 BUSINESS PHONE: (416) 979-1991 MAIL ADDRESS: STREET 1: 40 UNIVERSITY AVE., SUITE 1100 CITY: TORONTO STATE: A6 ZIP: M5J 1T1 FORMER COMPANY: FORMER CONFORMED NAME: INTERNATIONAL URANIUM CORP DATE OF NAME CHANGE: 19980603 6-K 1 Form6k.htm FORM 6K DATED JANUARY 31, 2020 Blueprint
 

 
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
 
 
 
FORM 6-K
 
 
 
Report of Foreign Private Issuer
Pursuant to Rule 13a-16 or 15d-16
of the Securities Exchange Act of 1934
 
Date: January 31, 2020
Commission File Number: 001-33414
 
 
 
Denison Mines Corp.
(Translation of registrant’s name into English)
 
 
 
1100-40 University Avenue, Toronto Ontario, M5J 1T1 Canada
(Address of principal executive offices)
 
 
 
Indicate by check mark whether the registrant files or will file annual reports under cover Form 20-F or Form 40-F.
 
Form 20-F  ☐            Form    40-F   ☒
 
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1):  ☐
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7):  ☐
 
 
 
 
Signatures
 
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
 
 
 
 
 
 
 
 
 
 
 
 
Denison Mines Corp.
 
 
 
 
 
 
 
/s/ Amanda Willett
Date January 31, 2020
 
 
 
Amanda Willett
 
 
 
 
Corporate Counsel and Corporate Secretary
 
 
 
 
 
EXHIBIT INDEX
 
Exhibit Number
  
Description
 
 
99.1
 
Sixth Amending Agreement to the Fourth Amended and Restated Credit Facility dated January 29, 2020
 
 
EX-99.1 2 sixthamendingagreement-fi.htm SIXTH AMENDING AGREEMENT TO THE FOURTH AMENDED AND RESTATED CREDIT FACILITY DATED JANUARY 29, 2020 Blueprint
 
SIXTH AMENDING AGREEMENT TO
FOURTH AMENDED AND RESTATED CREDIT AGREEMENT
 
THIS AGREEMENT dated as of the 29th day of January, 2020.
 
BETWEEN:
 
THE BANK OF NOVA SCOTIA, a Canadian chartered bank
(herein, in its capacity as administrative agent for the Lenders, called the “Administrative Agent”)
 
- and -
 
DENISON MINES INC., a corporation amalgamated under the laws of the Province of Ontario
(herein in its capacity as the borrower, “DMI”)
 
- and -
 
DENISON MINES CORP., a corporation amalgamated under the laws of the Province of Ontario
(herein in its capacity as the guarantor, “DMC” and, together with DMI, the “Obligors”)
 
- and -
 
THE SEVERAL LENDERS FROM TIME TO TIME PARTY THERETO (herein and therein in their capacities as lenders to the Borrower, collectively called the “Lenders” and individually called a “Lender”)
 
WHEREAS the Obligors, the Lenders and the Administrative Agent entered into a fourth amended and restated credit agreement dated as of January 30, 2015, (as amended by amending agreements dated January 27, 2016, January 31, 2017, January 15, 2018, April 9, 2018 and January 29, 2019, the “Credit Agreement”);
 
AND WHEREAS the parties hereto wish to, inter alia, amend a certain provision of the Credit Agreement;
 
NOW THEREFORE THIS AGREEMENT WITNESSES that, in consideration of the mutual covenants and agreements contained herein, the parties covenant and agree as follows:
 
 
 
286042.00006/106772070.1  Sixth Amending Agreement
- 4 -
 
ARTICLE 1
DEFINED TERMS
 
1.1 Capitalized Terms.
 
All capitalized terms which are used herein without being specifically defined herein shall have the meanings ascribed thereto in the Credit Agreement.
 
 ARTICLE 2
AMENDMENT TO CREDIT AGREEMENT
 
2.1 General Rule.
 
Subject to the terms and conditions herein contained, the Credit Agreement is hereby amended to the extent necessary to give effect to the provisions of this agreement and to incorporate the provisions of this agreement into the Credit Agreement.
 
2.2 Maturity Date.
 
The definition of “Maturity Date” is hereby amended by deleting the reference therein to “January 31, 2020” and replacing it with “January 31, 2021”.
 
 
ARTICLE 3
CONDITIONS PRECEDENT
 
3.1 Conditions Precedent.
 
This agreement shall not become effective until the Administrative Agent, for and on behalf of the Lenders, has received from the Obligors (i) a non-refundable extension fee in the amount of $[redacted], (ii) an officer certificate of a senior officer of each Obligor together with a certified true copy of a resolution of the board of directors of each Obligor authorizing the execution, delivery and performance of this agreement by the applicable Obligor, (iii) a legal opinion of counsel to the Obligors addressed to the Administrative Agent and the Lenders relating to the status and capacity of each Obligor and the due authorization, execution and delivery of this agreement, the enforceability of the Credit Agreement as amended by this agreement and such other matters as the Administrative Agent may reasonably request and (iv) except as delivered under the Existing Credit Agreement, share certificates representing all of the issued and outstanding shares of the Borrower duly endorsed in blank for transfer or attached to duly executed stock transfers and powers of attorney or as otherwise required under Applicable Law.
 
 
286042.00006/106772070.1  Sixth Amending Agreement
- 4 -
 
ARTICLE 4
MISCELLANEOUS
 
4.1 No Default.
 
The Obligors represent and warrant to and in favour of the Administrative Agent and the Lenders that no Default has occurred and is continuing as at the date this agreement becomes effective and no Default would arise immediately thereafter.
 
4.2 Future References to the Credit Agreement.
 
On and after the date of this agreement, each reference in the Credit Agreement to “this agreement”, “hereunder”, “hereof”, or words of like import referring to the Credit Agreement, and each reference in any related document to the “Credit Agreement”, “thereunder”, “thereof”, or words of like import referring to the Credit Agreement, shall mean and be a reference to the Credit Agreement as amended hereby. The Credit Agreement, as amended hereby, is and shall continue to be in full force and effect and is hereby in all respects ratified and confirmed.
 
4.3 Governing Law.
 
This agreement shall be governed by and construed in accordance with the laws of the Province of Ontario and the federal laws of Canada applicable therein.
 
4.4 Enurement.
 
This agreement shall enure to the benefit of and shall be binding upon the parties hereto and their respective successors and permitted assigns.
 
4.5 Further Assurances.
 
The Obligors shall do, execute and deliver or shall cause to be done, executed and delivered all such further acts, documents and things as the Administrative Agent may reasonably request for the purpose of giving effect to this agreement and to each and every provision hereof.
 
4.6 Counterparts.
 
This agreement may be executed and delivered in one or more original, emailed (in ..pdf format), faxed or by other electronic means, signed counterparts, and by different parties in separate counterparts, each of which shall be deemed to be an original and all of which taken together shall be deemed to constitute one and the same instrument.
 
 
286042.00006/106772070.1  Sixth Amending Agreement
- 4 -
 
 
4.7 Confirmation of Security.
 
 Each Obligor confirms and agrees that the Liens and other obligations expressed to be created under or pursuant to each Security Document to which it is a party shall be binding upon such Obligor and its collateral (as described in each such Security Document) shall be unaffected by and shall continue in full force and effect notwithstanding the amendment to the Credit Agreement as constituted hereby and the execution and delivery and effectiveness of this agreement shall not in any manner whatsoever reduce, release, discharge, impair or otherwise prejudice or change the rights of the Finance Parties arising under, by reason of or otherwise in respect of such Liens and other obligations constituted by each such Security Document. For the avoidance of doubt, each Obligor hereby confirms that each Security Document to which it is a party secures its Secured Obligations and that each such Security Document continues in full force and effect.
 
 
[Remainder of page intentionally blank.]
 
 
 
286042.00006/106772070.1  Sixth Amending Agreement
 
 
 
IN WITNESS WHEREOF, the parties hereto have executed and delivered this agreement on the date first above written.
 
Denison Mines Inc.
1100 - 40 University Avenue
Toronto, ON M5J 1T1
DENISON MINES INC.
 
 
By:
  “Signed”
Attention:                    Chief Financial Officer
Telefax:                       (416) 979-5893
 
 
By:
Name: David Cates
Title: President & CEO
 
  “Signed”
 
 
Name: GE McDonald
Title: CFO
 
 
 
Denison Mines Corp.
1100 - 40 University Avenue
Toronto, ON M5J 1T1
DENISON MINES CORP.
 
 
By:
  “Signed”
Attention:                    Chief Financial Officer
Telefax:                       (416) 979-5893
 
 
By:
Name: David Cates
Title: President & CEO
 
  “Signed”
 
 
Name: GE McDonald
Title: Exec VP & CFO
  Sixth Amending Agreement
 
 
 
 
The Bank of Nova Scotia
Corporate Banking – Loan Syndications
40 King St. West – 55th Floor
Toronto, Ontario M5W 2X6
THE BANK OF NOVA SCOTIA, as Administrative Agent
 
Attention:                    Managing Director
By:
 “Signed”
Telefax:                       (416) 866-3329
 
Name: Clement Yu
Title: Director
 
 
 
By:
 “Signed”
 
 
Name: Ryan Moonilal
 
 
Title: Analyst
 
 
 
 
 
 
 
The Bank of Nova Scotia
Corporate Banking – Global Mining
Scotia Plaza, 62nd Floor
40 King Street West
THE BANK OF NOVA SCOTIA, as Lender
 
Toronto, Ontario M5W 2X6
By:
 “Signed”
 
 
Name: Elizabeth Daponte
Attention: Managing Director
 
Title: Managing Director
Telefax: (416) 866-2009
 
 
By:
 “Signed”
 
 
Name: Priya Francis
 
 
Title: Associate
 
 
 
  Sixth Amending Agreement