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.
Get Our Expert Guide to Uranium Investing FREE!Download this FREE Special Report, Uranium Future Outlook: Uranium Price Forecasts and Top Uranium Stocks to Watch