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Exhibit 5.1 and 23.1
May 16,
2025
Denison Mines
Corp.
1100-40
University Avenue
Toronto,
Ontario M5J 1T1
Re: Denison Mines
Corp. – Registration Statement on Form S-8
Ladies and
Gentlemen:
At your request,
we have examined the form of Registration Statement on Form S-8
(the “Registration
Statement”) being filed by Denison Mines Corp. (the
“Company”) with
the United States Securities and Exchange Commission in connection
with the registration under the United States Securities Act of
1933, as amended (the “Act”), of 21,000,000 common
shares of the Company (the “Common Shares”), issuable under
the Company’s amended and restated share unit plan approved
by the shareholders of the Company on May 12, 2025 (the
“A&R Share Unit Plan”).
For the purpose
of this opinion, we have examined and reviewed originals or copies,
certified or otherwise, identified to our satisfaction of such
documents, corporate records and other instruments as we have
deemed necessary or appropriate, including the corporate
proceedings and records of the Company relating to the approval of
the A&R Share Unit Plan and the issuance of the Common Shares.
We have assumed the genuineness of all signatures and the
authenticity of all documents submitted to us as originals and the
conformity to authentic or original documents of all documents
submitted to us as a certified, conformed or photostatic
copies.
This opinion is
limited to the laws of the Province of Ontario and the federal laws
of Canada applicable therein. We do not express any opinion on any
laws other than the laws of the Province of Ontario and the laws of
Canada applicable therein.
Based upon and
subject to the foregoing, as of the date hereof, we are of the
opinion that the issuance of the Common Shares has been duly and
properly authorized by all necessary corporate action on the part
of the Company and the Common Shares will, if and when issued in
accordance with such authorization and the terms of the A&R
Share Unit Plan, be validly issued and outstanding as fully paid
and non-assessable common shares of the Company.
We consent to the
use of this opinion as an exhibit to the Registration Statement. In
giving this consent, however, we do not admit that we are
“experts” within the meaning of Section 11 of the Act
as amended, or within the category of persons whose consent is
required by Section 7 of the Act.
This opinion is
provided solely for the benefit of the addressee of this opinion in
connection with the filing of the Registration Statement. This
opinion may not be relied upon by anyone else or used for any other
purpose without our prior written consent.
Yours
truly,
/s/ Blake,
Cassels & Graydon LLP