Denison Mines Corp. (“Denison” or the “Company”) (TSX: DML) (NYSE MKT: DNN) (NYSE American: DNN) is pleased to announce that David Cates, President & CEO of Denison, has been appointed to the Board of Directors and the Executive Committee of the Canadian Nuclear Association (“CNA”) at the CNA’s 58th Annual General Meeting, held in Saskatoon on June 5, 2018.
Dr. John Barrett, President & CEO of the CNA commented “Denison has a long history of supporting the CNA and we are pleased to have David join the Board and the Executive Committee. Denison is already an excellent steward for the nuclear energy industry through its investor outreach activities and David is expected to bring a unique perspective to the CNA leadership team based on his involvement in Canada’s ambitious uranium exploration and development sector.”
Serving as a “member-at-large” on the Executive Committee, Mr. Cates will join CNA leadership representatives from industry leading firms such as Ontario Power Generation, Cameco Corp., Bruce Power, SNC-Lavalin, and Hatch Ltd. In addition, Mr. Cates will serve on the Board of Directors as a representative of the CNA’s “Class 4” group of companies, which includes firms involved in manufacturing and uranium exploration activities.
David Cates, President & CEO of Denison commented “I’m honoured to join the CNA Board and Executive Committee on behalf of Denison Mines. The CNA plays a vital role in representing and promoting the nuclear energy industry in Canada. Denison believes in the importance of nuclear energy as a source of emission free, low-cost, reliable base-load energy, and that Canada’s nuclear energy industry is uniquely bolstered by the fact that the Athabasca Basin region, in northern Saskatchewan, is the most attractive jurisdiction for uranium mining investment globally.”
The Canadian Nuclear Association
The CNA is a non-profit organization established in 1960 to represent the nuclear industry in Canada and promote the development and growth of nuclear technologies for peaceful purposes. The CNA’s objectives include, creating and fostering a political environment and reasonable regulatory framework for advancing the nuclear industry in Canada; encouraging cooperation among various industries and agencies with a common interest in the development of nuclear power; providing a forum for the discussion and resolution of issues of concern to members, industry or the Canadian public; and to encourage cooperation with other associations with similar objectives and purposes.
For more information about nuclear energy in Canada, or the CNA and its members or initiatives, please visit the CNA’s website at cna.ca or contact Erin Polka, Manager of Communications & Media Relations for the CNA, by email at polkae@cna.ca, or by phone at +1-613-237-4262.
About Denison
Denison is a uranium exploration and development company with interests focused in the Athabasca Basin region of northern Saskatchewan, Canada. In addition to its 63.3% owned Wheeler River project, which ranks as the largest undeveloped high-grade uranium project in the infrastructure rich eastern portion of the Athabasca Basin region, Denison’s Athabasca Basin exploration portfolio consists of numerous projects covering approximately 353,000 hectares. Denison’s interests in AthabascaBasin also include a 22.5% ownership interest in the McClean Lake joint venture (“MLJV”), which includes several uranium deposits and the McClean Lake uranium mill, which is currently processing ore from the Cigar Lake mine under a toll milling agreement, plus a 25.17% interest in the Midwest and Midwest A deposits, and a 65.45% interest in the J Zone deposit and Huskie discovery on the Waterbury Lake property. Each of Midwest, Midwest A, J Zone and Huskie are located within 20 kilometres of the McClean Lake mill.
Denison is also engaged in mine decommissioning and environmental services through its Denison Environmental Services division and is the manager of Uranium Participation Corp., a publicly traded company which invests in uranium oxide and uranium hexafluoride.
Source: Denison Mines Corp.