DML Financing

Denison Announces Closing of US$345 Million Convertible Senior Notes Offering

Published August 15, 2025 at 08:01 PM

TORONTO, Aug. 15, 2025 /PRNewswire/ - Denison Mines Corp. (TSX: DML)(NYSE AMERICAN: DNN) ("Denison" or the "Company") is pleased to announce that it has closed its previously announced offering of convertible senior unsecured notes due 2031 (the "Notes") for an aggregate principal amount...

Related Questions

What is the coupon rate, conversion price, and conversion ratio of the senior notes, and how do they compare to current market rates? What is the expected impact on Diluted Earnings Per Share (EPS) and dilution from conversion of the notes? How will the proceeds be allocated—specifically the amount earmarked for the Keystone uranium project versus other uses? How does the credit rating of the new notes compare to existing debt, and what are the covenants and covenants breaches risk? What are the redemption features—call, put, or make‑whole provisions— and how might they affect future financing costs? What is the market's perception of the offering—did the notes price at a premium or discount to par? How will the $345 million convertible note issuance affect Denison's cash balance and liquidity position? What is the timeline and milestones for the planned acquisition of the New Brunswick assets and the associated financing? How does this financing round compare to Denison’s prior financing activities in terms of size, terms, and market reception? How will the issuance affect the company’s debt‑to‑equity ratio and leverage ratios? What is the impact on the company's share price volatility and short‑term trading outlook? What are the potential implications for dividend policy and share buy‑back plans, if any?