Denison raising $75m for physical inventory of uranium
Denison raising $75m for physical inventory of uranium Wheeler River could become Canada’s first in-situ recovery uranium mine. ( Denison Mines (TSX: DML; NYSE: DNN) is raising $75 million for the “strategic acquisition” of physical uranium, an initiative the company expects to support the development of its 90%-owned Wheeler River uranium project in Saskatchewan’s Athabasca Basin. Denison aims to accumulate about 2.5 million lb. of U 3O Sign Up for the Energy Digest Sign Up In a release, the company said it expects the purchase will strengthen its balance sheet and enhance its abilit...