Denison Mine Inks Option Deal With Foremost Lithium
Denison strikes $30M deal with Foremost Lithium for uranium project options
Denison Mines (NYSE:DNN) +2.2% in Tuesday's trading after saying it reached a deal in which it could sell a majority stake in 10 uranium exploration properties in Saskatchewan's Athabasca Basin to Foremost Lithium Resource (FMST) for as much as C$30M (~US$22.
Foremost Lithium Announces Option Agreement with Denison on 10 Uranium Projects Spanning over 330,000 Acres in the Athabasca Basin, Saskatchewan
HighlightsTransformational opportunity to acquire up to a 70% interest in 10 highly-prospective uranium projects in the Athabasca Basin and
Denison Mines in Up to C$30M Option Agreement With Foremost Lithium on Uranium Projects
Denison Mines has struck a deal that could see it sell a majority stake in 10 uranium exploration properties in Saskatchewan's Athabasca Basin to Foremost Lithium Resource & Technology for up to 30 million Canadian dollars (US$22.
Denison Mine Inks Option Deal With Foremost Lithium for Uranium Assets
Denison Mine Corp DNN has entered into an option agreement with Foremost Lithium Resource & Technology Ltd (to be renamed as Foremost Clean Energy Ltd following the transaction), which allows the latter to acquire up to 70% of Denison Mine’s interest in 10 uranium exploration properties.
Foremost Lithium enters option deal with Denison on Canada uranium assets
The properties include Hatchet Lake, Murphy Lake South, Turkey Lake, Torwalt Lake, Marten, Wolverine and Epp Lake.
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FMST: Foremost Enters Uranium Space Through Option Agreement to Acquire up to 70% Interest in 10 Denison Properties; Spin-Out of Winston Gold/Silver Properties; …
FAT READ THE FULL FMST RESEARCH REPORT FOREMOST ENTERS THE URANIUM INDUSTRY Foremost Enters the Uranium Exploration Industry ...