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Denison Announces Establishment of At-The-Market Program
Denison Announces Establishment of At-The-Market Program Canada NewsWire TO...
About this update from Denison Mines Corp.
[{"type":"text","content":"\n \n \n \n Denison Announces Establishment of At-The-Market Program\n \n \n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n.prngen3{\nBORDER-TOP:1pt; BORDER-RIGHT:1pt; VERTICAL-ALIGN: BOTTOM; BORDER-BOTTOM:1pt; TEXT-ALIGN: RIGHT; PADDING-LEFT:0.50em; BORDER-LEFT:1pt; PADDING-RIGHT:0.50em\n}\n.prngen2{\nBORDER-TOP:1pt; BORDER-RIGHT:1pt; VERTICAL-ALIGN: BOTTOM; BORDER-BOTTOM:1pt; PADDING-LEFT:0.50em; BORDER-LEFT:1pt; PADDING-RIGHT:0.50em\n}\n.prntblns{\nBORDER-TOP: 1pt; BORDER-RIGHT: 1pt; BORDER-COLLAPSE: collapse; BORDER-BOTTOM: 1pt; BORDER-LEFT: 1pt\n}\n \n \n \n \n \n \n Canada NewsWire\n \n \n TORONTO, Nov. 13, 2020\n \n \n \n \n \n \n \n \n \n \n \n \n TORONTO\n \n ,\n \n Nov. 13, 2020\n \n /CNW/ -\n \n Denison Mines Corp.\n \n (\"Denison\" or the \"Company\") (TSX: DML) (NYSE American: DNN) is pleased to announce that it has entered into an equity distribution agreement dated\n \n November 13, 2020\n \n (the \"Equity Distribution Agreement\"), providing for an at-the-market (\"ATM\") equity offering program, with Cantor Fitzgerald Canada Corporation (\"CFCC\"), Scotia Capital Inc. (together with CFCC, the \"Co-Lead Canadian Agents\"), Cantor Fitzgerald & Co. and Scotia Capital (\n \n USA\n \n ) Inc. (together with the Co-Lead Canadian Agents, the \"Agents\").\n \n View PDF version\n \n \n \n The ATM will allow Denison, through the Agents, to, from time to time, offer and sell, in\n \n Canada\n \n and\n \n the United States\n \n through the facilities of the Toronto Stock Exchange (\"TSX\") and/or NYSE American, such number of common shares as would have an aggregate offering price of up to\n \n USD$20 million\n \n .  Sales of the common shares, if any, will be made by means of ordinary brokers' transactions on the TSX and/or NYSE American or otherwise at market prices prevailing at the time of sale.\n \n \n The Company considers the ATM to be a valuable tool for potential future access to the public market, where equity offerings can occur at market prices and with significantly reduced costs.  The timing and extent of the use of the ATM will be at the discreti...