Denison Mines Closes Flow-Through Share Offering for $14,950,000

Denison Mines Corp. (TSX:DML,NYSE:DNN) announced that it has completed a private placement offering  of common shares.

As quoted in the press release:

The proceeds of the Offering will be used to incur eligible Canadian Exploration Expenses for purposes of the Income Tax Act (Canada), which will be renounced to the subscribers with an effective date no later than December 31, 2013. Denison intends to use the proceeds of the Offering to explore and advance its Canadian mining projects in the Athabasca Region of Saskatchewan.

To view the whole press release, click here. 

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