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Stock Market & Financial Investment News

News Breaks
November 28, 2012
18:12 EDTDNNDenison Mines announces plan of arrangement with JNR Resources
Denison Mines (DNN) and JNR Resources announced that they have entered into an Amending Agreement to amend their previously announced Acquisition Agreement, so that the acquisition of JNR will now proceed by way of a Plan of Arrangement instead of a take-over bid. The acquisition of JNR shares under the Arrangement will occur on substantially the same terms as the Bid, namely JNR shareholders will receive 0.073 of a Denison common share in exchange for each JNR common share held on the record date of December 12. The Arrangement will also provide for the issuance of replacement warrants and options to holders of outstanding warrants and options on similar terms as adjusted by the Exchange Ratio. Key provisions of the Acquisition Agreement, such as the non-solicitation covenant on the part of JNR, the right in favour of Denison to match any superior proposal and the termination fee of $325,000 payable to Denison in certain circumstances including if JNR accepts a superior proposal, have not been amended. The Arrangement allows the transaction to be completed within the same approximate time frame as the Bid, with closing planned for February 1, 2013, on a more cost effective basis. Documents relating to the Arrangement, including the information circular required in connection with JNR's special shareholder meeting scheduled for January 28, 2013, are to be mailed to JNR shareholders in early January 2013.
News For DNN From The Last 14 Days
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November 13, 2014
09:45 EDTDNNNYSE reports issue affecting one NYSE MKT workstation
The NYSE MKT cash equities market is currently experiencing an issue with one workstation affecting order processing and trade execution in nine symbols, it announced in a market status alert. The impacted symbols are Cornerstone Progressive Return Fund (CFP), Alpha Pro Tech (APT), Denison Mines (DNN), First Austrailian Prime Income Fund (FAX), iBio (IBIO), inTEST (INTT), Provectus (PVCT), TherapeuticsMD (TXMD) and Uranerz Energy (URZ). The NYSE MKT will issue a non-regulatory halt condition in the symbols and will not be trading these securities for the remainder of the day, it stated. Reference Link
November 10, 2014
11:12 EDTDNNUranium stocks rally after Japan approves reactor restart
Stocks of companies involved with the production, exploration and extraction of uranium are higher after the Kagoshima prefecture approved the restart of the Sendai nuclear power plant in Satsumasendai, Japan. The restart, which is slated to happen next year, will be the first restart since the meltdown at the Fukushima facility in 2011. WHAT'S NOTABLE. According to a BBC report, before the Fukushima incident 30% of Japan's power was nuclear-generated. Japan's Prime Minister Shinzo Abe has argued that the nuclear shutdown is hurting Japan's economy, as it has forced Japan to import expensive fossil fuels to make up the power shortfall. STOCKS TO WATCH. Shares rising following the news include Denison Mines (DNN), which is up over 6%, Uranerz Energy(URZ), up 14%, Cameco (CCJ), up almost 2%, UR-Energy (URG), up almost 14%, Uranium Energy (UEC), up 7%, Energy Fuels (UUUU), up 11% and Uranium Resources (URRE), which is up 19% in late morning trading.

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