- Denison Mines (NYSE:DNN) and Fission Uranium (OTCQX:FCUUF) say they have terminated their C$483M merger agreement after the deal failed to receive the necessary approval of two-thirds of Fission's shareholders.
- At the deadline for submission of proxies on Friday, DNN's shareholders had strongly supported the deal.
- DNN had sought to acquire Fission to expand its presence in the Athabasca mining region in Saskatchewan.