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Denison Mines
Corp.
1100 – 40
University Ave
Toronto, ON M5J
1T1
www.denisonmines.com
|
PRESS RELEASE
Denison Announces Filing of Annual Report on Form 40-F
Toronto, ON
– March 30, 2026. Denison Mines Corp. (“Denison” or the
“Company”) (TSX: DML, NYSE American: DNN)
is pleased to announce that it has
filed its 2025 Annual Report on Form 40-F with the U.S. Securities
and Exchange Commission (“SEC”). Denison’s Form
40-F includes its annual information form, management discussion
and analysis, and audited financial statements for the year ended
December 31, 2025. The Form 40-F will be available on
Denison’s website at www.denisonmines.com
and on the SEC’s website
at www.sec.gov/edgar.
Denison’s
annual information form has also been filed with Canadian
regulatory authorities and will be available on Denison’s
website at www.denisonmines.com
and under the Company’s profile on SEDAR+ at www.sedarplus.ca.
Holders of
Denison’s securities may receive a free printed copy of the
Company’s most recent Annual Report on Form 40-F, including
the audited financial statements, by sending an email request to
info@denisonmines.com
or by writing to Denison Mines Corp., 1100 - 40 University Avenue,
Toronto, Ontario, Canada M5J 1T1.
About Denison
Denison is a leading uranium mining, development, and exploration
company with interests focused in the Athabasca Basin region of
northern Saskatchewan, Canada. Denison has an effective 95%
interest in its flagship Wheeler River Uranium Project, which is
the largest undeveloped uranium project in the infrastructure rich
eastern portion of the Athabasca Basin region of northern
Saskatchewan. In mid-2023, the Phoenix feasibility study was
completed for the Phoenix deposit as an ISR mining operation, and
an update to the previously prepared 2018 Pre-Feasibility Study
(“PFS”) was completed for Wheeler River's Gryphon
deposit as a conventional underground mining operation. Based on
the respective studies, both deposits have the potential to be
competitive with the lowest cost uranium mining operations in the
world. Permitting efforts for Phoenix commenced in 2019 and the
required permits have been obtained to commence construction
– including the July 2025 approval of the project’s
Environmental Assessment (“EA”) by the Province of
Saskatchewan and the February 2026 federal approval of the EA and
issuance of the Construction Licence.
Denison’s interests in Saskatchewan also include a 22.5%
ownership interest in the McClean Lake Joint Venture
(“MLJV”), which restarted mining with SABRE in 2025)
and the McClean Lake uranium mill (currently utilizing a portion of
its licensed capacity to process the ore from the Cigar Lake mine
under a toll milling agreement), plus a 25.17% interest in the
Midwest Main and Midwest A deposits held by the Midwest Joint
Venture (“MWJV”), and a 70.55% interest in the Tthe
Heldeth Túé (“THT”) and Huskie deposits on
the Waterbury Lake Property. The Midwest Main, Midwest A, THT and
Huskie deposits are located within 20 kilometres of the McClean
Lake mill. Taken together, the Company has direct ownership
interests in properties covering ~457,000 hectares in the Athabasca
Basin region.
Additionally, through its 50% ownership of JCU (Canada) Exploration
Company, Limited ('JCU'), Denison holds interests in various
uranium project joint ventures in Canada, including the Millennium
project (JCU, 30.099%), the Kiggavik project (JCU, 33.8118) and
Christie Lake (JCU, 34.4508%).
In 2024, Denison celebrated its 70th year in uranium mining,
exploration, and development, which began in 1954 with
Denison’s first acquisition of mining claims in the Elliot
Lake region of northern Ontario.
For more information, please contact
David
Cates
(416) 979-1991 ext.
362
President and
Chief Executive Officer
Geoff
Smith
(416) 979-1991 ext.
358
Vice President
Corporate Development & Commercial
Follow Denison on
Twitter
@DenisonMinesCo
CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING
STATEMENTS
Certain
information contained in this press 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 press release contains forward-looking information
pertaining to the following: Denison’s development plans for
Wheeler River and the proposed ISR operation for the Phoenix
deposit; expectations regarding Denison’s joint venture
ownership interests; and expectations regarding the objectives and
continuity of its agreements with third parties.
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. In addition, Denison
may decide or otherwise be required to discontinue development work
if it is unable to maintain or otherwise secure the necessary
approvals or resources. 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 the
Company’s annual information form for the year ended December
31, 2025 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 press 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 press release. Denison does not undertake any
obligation to publicly update or revise any forward-looking
information after the date of this press release to conform such
information to actual results or to changes in Denison's
expectations except as otherwise required by applicable
legislation.