Foremost Lithium Announces Option Agreement with Denison on 10 Uranium Projects Spanning over 330,000 Acres in the Athabasca Basin, Saskatchewan
HighlightsTransformational opportunity to acquire up to a 70% interest in 10 highly-prospective uranium projects in the Athabasca Basin and
Denison strikes $30M deal with Foremost Lithium for uranium project options
Denison Mines (NYSE:DNN) +2.2% in Tuesday's trading after saying it reached a deal in which it could sell a majority stake in 10 uranium exploration properties in Saskatchewan's Athabasca Basin to Foremost Lithium Resource (FMST) for as much as C$30M (~US$22.
Foremost Lithium Announces Option Agreement with Denison Mines on 10 Uranium Projects...
Highlights Transformational opportunity to acquire up to a 70% interest in 10 highly-prospective uranium projects in the Athabasca Basin and
Denison Mines in Up to C$30M Option Agreement With Foremost Lithium on Uranium Projects
Denison Mines has struck a deal that could see it sell a majority stake in 10 uranium exploration properties in Saskatchewan's Athabasca Basin to Foremost Lithium Resource & Technology for up to 30 million Canadian dollars (US$22.2 million).
Denison Announces Option of Non-Core Exploration Projects to Foremost for up to $30 Million in Combined Consideration
Denison Mines Corp. ("Denison" or the "Company") (TSX: DML) (NYSE American: DNN) is pleased to announce that is has executed an option agreement (the "Option Agreement") with a Nasdaq listed company to be renamed Foremost Clean Energy Ltd ("Foremost") (NASDAQ: FMST) (CSE: FAT),
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