Denison Mines Corp. (DNN) Purchases 485,000 Common Shares of Foremost Clean Energy Ltd. at $2.20 per Share
Denison Mines Corp. (NYSE:DNN) is one of the 11 Best Nuclear Energy Stocks to Invest in Right Now.
On September 3, 2025, Denison Mines Corp. (NYSE:DNN) purchased 485,000 common shares of Foremost Clean Energy Ltd. at $2.20 per share, generating about $1.07 million in funds. This was done to exercise its equity participation right under a modified investor rights agreement.
Following Foremost’s recent share issuances linked to warrant exercises and property payments—particularly the Jean Lake Lithium/Gold Property— Denison Mines Corp. (NYSE:DNN) now retains around 19.17% of Foremost’s outstanding common shares, demonstrating its strategic interest in uranium exploration in the Athabasca Basin of Saskatchewan.
In Canada, Denison Mines Corp. (NYSE:DNN) acquires, explores, and develops uranium-bearing sites. It owns a 95% stake in its flagship Wheeler River uranium project in the northern Saskatchewan Athabasca Basin. It is one of the Best Utility Stocks.
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