Business
Denison Announces Award of Construction Management Contract to Wood Canada for the Phoenix Uranium Mine
Denison Mines Corp. ("Denison" or the "Company") (TSX: DML; NYSE American: DNN) is pleased to announce that, following a competitive tender process, it has awarded Wood Canada Limited ("Wood"), a global leader in consulting and engineering, with the construction management contract (the "CM Contract") to oversee the building of the Phoenix in-situ recovery uranium mine ("Phoenix", or the "Project"). This is a key milestone for the Project and represents another crucial step towards the commencem
About this update from Denison Mines Corp.
[{"type":"image","alt":"Denison Mines 70 Logo. (CNW Group/Denison Mines Corp.)","displaySize":"","headline":null,"caption":"Denison Mines 70 Logo. (CNW Group/Denison Mines Corp.)","className":"","disableSlideshowImg":false,"size":{"original":{"width":400,"height":46,"url":"https://media.zenfs.com/en/cnwgroup.com/ce9e338d1362b78f3754d2c75fa71501"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/3CvInNAOIxxGS4tHzBkF2Q--/YXBwaWQ9aGlnaGxhbmRlcjt3PTcwNTtoPTgxO2NmPXdlYnA-/https://media.zenfs.com/en/cnwgroup.com/ce9e338d1362b78f3754d2c75fa71501","width":400,"height":46}},"href":"https://mma.prnewswire.com/media/2905052/Denison_Mines_Corp__Denison_Announces_Award_of_Construction_Mana.html","hrefExternal":true,"rel":"nofollow","lazy":false},{"type":"text","content":"TORONTO, Feb. 17, 2026 /CNW/ - Denison Mines Corp. ("Denison" or the "Company") (TSX: DML; NYSE American: DNN) is pleased to announce that, following a competitive tender process, it has awarded Wood Canada Limited ("Wood"), a global leader in consulting and engineering, with the construction management contract (the "CM Contract") to oversee the building of the Phoenix in-situ recovery uranium mine ("Phoenix", or the "Project"). This is a key milestone for the Project and represents another crucial step towards the commencement of construction. PDF Version.","length":629,"tagName":"p"},{"type":"text","content":"David Cates, President & CEO of Denison, commented, "In anticipation of receiving our Federal permits to prepare the site and construct the Wheeler River project, we are pleased to announce the award of the construction management contract to our trusted partners at Wood. The selection of Wood for construction management allows us to leverage our long-standing relationship with Wood's Canadian team, which began with co-authoring the 2023 Feasibility Study for Phoenix and continued with the detailed design engineering for the Project over the last two years. ","length":576,"tagName":"p"},{"type":"text","content":"We are actively organizing our teams, including the onboarding of key construction personnel, to ensure we are ready to proceed with site preparation as soon as possible upon receipt of all required permits. Given Denison's strong balance sheet, and advanced state of project engineering, construct...