Denison Mines Extends Credit Agreement Maturity Date

Story Highlights
Denison Mines Extends Credit Agreement Maturity Date

The latest update is out from Denison Mines ( (TSE:DML) ).

Denison Mines Corp. announced a twelfth amending agreement to its fourth amended and restated credit agreement with The Bank of Nova Scotia and other lenders, dated December 18, 2024. The amendment extends the maturity date of the credit agreement to January 31, 2026, and includes conditions precedent such as the payment of a non-refundable extension fee and the provision of legal opinions and officer certificates. This extension is significant for Denison Mines as it provides continued financial flexibility and stability in its operations, potentially impacting its strategic positioning in the uranium mining sector.

More about Denison Mines

Denison Mines Corp. is a company operating in the mining industry, primarily focused on uranium exploration and development. The company is based in Toronto, Ontario, Canada, and is involved in various mining projects with a market focus on uranium production.

YTD Price Performance: -31.25%

Average Trading Volume: 49,174,810

Technical Sentiment Signal: Buy

Current Market Cap: $1.29B

See more data about DML stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App