FAQS

Q. What are the terms of the warrants that trade on the Toronto Stock Exchange?
A. Denison has two series of warrants trading on the Toronto Stock Exchange. The first series trades under the symbol “DML.WT”. The warrants were issued on November 24, 2004 and will expire on November 24, 2009. An aggregate of 1,100,000 warrants were issued. Each whole warrant entitles the holder upon exercise to acquire 2.88 common shares of Denison for $15.00. The second series trades under the symbol “DML.WT.A”. The warrants were issued on March 1, 2006 and will expire on March 1, 2011. An aggregate of 2,225,000 warrants were issued. Each whole warrant entitles the holder upon exercise to acquire 2.88 common shares of Denison for $30.00. The
terms of both series of warrants are set out in two separate warrant indentures, which are located under Other SEDAR Filings.

Q. I am a warrantholder. How did the business combination with International Uranium Corporation affect my holdings?
A. Please see the attached notices regarding impact of the arrangment on the warrants. Notice re $30 Warrants and Notice re: $15 Warrants.

Q. I was a shareholder of Denison Energy Inc. What are the tax implications of the March 2004 reorganization?
A. Attached is a summary of certain tax consequences to Canadian-resident shareholders of Denison Energy Inc. of the Plan of Arrangement completed on March 8, 2004. 2004 Tax Information for DEI Shareholders (10556 kb).

Q. What is the share history of Denison’s stock?
A. The capital structure of Denison Mines Corporation. dates back to 1971, when Denison Mines Limited issued common shares with a valuation price of $24.50 on December 22, 1971. Since then, the following splits and consolidations have occurred:

  • February 23, 1979: Stock split: 4 for 1
  • March 2, 1984: Stock split: 2 for 1 - Denison Common Shares were reclassified to become Class A Common and Class B Common
  • December 21, 1995: Class A and B were reclassified into new Common on a 1 for 1 basis, and the Preferred Class A and Class B were reclassified into common shares on the basis of 25 new Common for each 1 Preferred share held.
  • May 24, 2002: Company name was changed to Denison Energy Inc. and shares were consolidated on the basis of 1 new share of Denison Energy Inc. for each 20 shares of Denison Mines Limited.
  • March 8, 2004 – Articles of Arrangement: All of the uranium assets and liabilities as well as the Denison Environmental Services division were transferred to new corporation – Denison Mines Inc. (incorporated Sept. 25, 2003). For each Denison Energy Inc. share, the shareholder received one share of Denison Mines Inc. (plus 1/5 share of Forte Resources Inc. and 1/21 share in Calfrac Well Services Ltd. – fractions were rounded up or down - .5 was rounded up and anything less was rounded down).
  • Denison Mines Inc. was acquired by International Uranium Corporation (IUC), creating Denison Mines Corp. Denison shareholders received 2.88 shares of IUC for each Denison share held. IUC changed its name to Denison Mines Corp. and started trading on the TSX as DML.
Q. How do I locate information regarding the price at which I acquired my shares?
A. The Toronto Stock Exchange sells historical information regarding share prices. Contact marketdata@tsxdatalinx.com with your inquiry.

Q. What should I do if I have lost my share certificates or if I am holding stock of a predecessor to Denison Mines Corp.?
A. Any share related inquiries are handled by Denison’s share registrar and transfer agent, Computershare Investor Services Inc. Computershare’s toll-free number is 1-800-564-6253.

Q. Where can I obtain the spot-price for uranium?
A. The spot price for uranium can be obtained from www.uxc.com. Prices are posted every Tuesday.

Q. When will Denison's next financial results be announced?
A. Please refer to our Events Listings.