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Slide #95. Denison Mines Corp. — 89% of Rockgate
Denison Mines Corp. (AMEX:DNN)
89% of Rockgate
Denison Mines Corp. ("Denison") (TSX:DML)(NYSE MKT:DNN) (Currency: CAD$) announced that, as of 4:00 p.m. (Toronto time) today, approximately 104,852,532 common shares of Rockgate Capital Corp. ("Rockgate") have been validly deposited to Denison's offer to acquire all of the outstanding shares of Rockgate (the "Offer"). Denison has taken up and accepted for payment all of such shares, representing approximately 89% of the outstanding Rockgate common shares. The Offer has now expired.
Denison Mines is primarily engaged in uranium exploration and development. Co.'s uranium exploration properties are principally held directly by Co. or indirectly through Co.'s subsidiaries, Denison Mines Inc., Denison Waterbury Corp. and Denison AB Holdings Corp. Co.'s primary assets in the Athabasca Basin in Northern Saskatchewan include: a 90% interest in, and operator of, the Wheeler River Uranium project, which is host to the Phoenix and Gryphon uranium deposits; a 66.90% interest in, and operator of, the Waterbury Lake project, which includes the Heldeth Tue and Huskie deposits; and a portfolio of exploration properties located in the Athabasca Basin.
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Strong Buy (3.50 out of 4)
(ranked higher than approx. 57% of all stocks covered)
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