Denison Mines Inc.

Denison Mines Inc.

March 08, 2005 14:53 ET

Denison's Listing of Warrants on Toronto Stock Exchange


NEWS RELEASE TRANSMITTED BY CCNMatthews

FOR: DENISON MINES INC.

TSX SYMBOL: DEN

MARCH 8, 2005 - 14:53 ET

Denison's Listing of Warrants on Toronto Stock Exchange

TORONTO, ONTARIO--(CCNMatthews - March 8, 2005) - Denison Mines
Inc.(TSX:DEN) is pleased to announce that, on or about March 28, 2005,
it intends to list and post for trading on the Toronto Stock Exchange
the common share purchase warrants originally issued on November 24,
2004 (the "Warrants"), subject to the receipt of all necessary
regulatory approval. In addition, the Canadian Depository for Securities
Limited ("CDS") will maintain a book-based system for the Warrants. In
order to list the Warrants, the Warrant certificates in the format
issued to holders on November 24, 2004 must be exchanged for
commercially printed Warrant certificates. Accordingly, Denison has sent
Letters of Transmittal to the registered holders of the Warrants, which
will enable the Warrant holders to exchange their Warrant certificates.
These Letters of Transmittal should be completed and returned in
accordance with their instructions by no later than March 21, 2005.

For further information regarding the exchange of Warrant certificates,
Warrant holders should contact the Warrant Trustee, Computershare Trust
Company of Canada at 1-800-564-6253 or service@computershare.com.

About Denison

Denison Mines Inc. is a uranium exploration, development and production
company whose principal asset is a 22.5% interest in one of the world's
largest uranium facilities at McClean Lake in Northern Saskatchewan and
its 25.17% interest in the Midwest Uranium Project. It is also engaged
in mine decommissioning and environmental services through its Denison
Environmental Services division.

The securities described in this news release have not been registered
under the U.S. Securities Act of 1933, as amended, and may not be
offered or sold in the United States absent registration or exemption
from the registration requirements. This press release shall not
constitute an offer to sell or the solicitation of an offer to buy, nor
shall there be any sale of the securities in any State in which such
offer, solicitation or sale would be unlawful.

NOT FOR DISTRUTION TO U.S. NEWS WIRE SERVICES OR FOR DISSEMINATION IN
THE U.S.

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Contact Information

  • FOR FURTHER INFORMATION PLEASE CONTACT:
    Denison Mines Inc.
    E. Peter Farmer
    President and Chief Executive Officer
    (416) 979-1991 Ext. 231
    or
    Denison Mines Inc.
    James Anderson
    Executive Vice-President and Chief Financial Officer
    (416) 979-1991 Ext. 372
    www.denisonmines.com