TORONTO, Jan. 31, 2022 /CNW/ - Denison Mines
Corp. ("Denison" or the "Company") (TSX: DML) (NYSE
American: DNN) is pleased to announce the appointment of
Ms. Laurie Sterritt to the Board of
Directors and Mr. Kevin Himbeault to
the position of Vice President of Plant Operations & Regulatory
Affairs. View PDF version
Ron Hochstein, Chair of the Board
of Denison, commented, "We are pleased to
welcome Laurie Sterritt to the
Board. Laurie has over 25 years of experience in the fields
of Indigenous, government, and community relations and a passion
for influencing diversity and inclusion within corporate
Canada. Given Laurie's tremendous experience, we are
gratified that she has agreed to join our Board of Directors,
particularly at this critical time of growth for the
Company."
Mr. Cates, President & CEO of the Company, further
commented, "We are also quite pleased to have Kevin Himbeault join the Denison leadership
team. Kevin has extensive senior experience in the operation
and oversight of Athabasca Basin
uranium processing, as well as the critically important area of
licensing and regulatory affairs for uranium processing operations
in Canada. Kevin joins Denison at
an exciting time, as his unique industry knowledge and practical
experience will provide immediate value to our Feasibility Study
efforts for our flagship Wheeler River project, as well as support
the ongoing development and growth of our Saskatoon-based technical team."
This press release constitutes a "designated news release"
for the purposes of the Company's prospectus supplement dated
September 28, 2021 to its short form
base shelf prospectus dated September 16,
2021.
Ms. Laurie
Sterritt - Director
Laurie Sterritt is a Managing
Director at Leaders International, an executive search firm in
Canada. In 2018 and 2019, Ms. Sterritt hosted and
produced the first-of-its-kind Indigenous Women's Leadership
Summit (IWLS), with a mandate to inspire and uplift Indigenous
women throughout their personal and professional journeys. Prior to
that, Ms. Sterritt developed and implemented the Indigenous
Employment and Business Development strategy for BC Hydro and led
the start-up and growth of the Aboriginal Mentoring and Training
Association (AMTA) and its subsidiary social enterprise, First
Resources Impact Ventures (FRIV).
Ms. Sterritt is a member of the Kispiox Band of the Gitxsan
Nation and has been recognized for her commitment to creating
respectful and inclusive workplaces and, most notably, was a
nominee for the 2013 YWCA Women of Distinction Awards. Ms. Sterritt
formerly held Board roles with the Canadian Centre for Arts and
Technology (CANCAT), the Real Estate Council of BC, the Industry
Training Authority of BC and the British Columbia Institute of
Technology. Ms. Sterritt holds a Bachelor of Commerce from
the University of British Columbia and
a Certificate in Professional Fund Raising from the University of
Indiana.
Mr. Kevin Himbeault – Vice
President Plant Operations & Regulatory
Affairs
Mr. Himbeault will be based in the Company's Saskatoon office and will be tasked with
oversight of all matters related to process plant operations and
regulatory affairs (including environmental assessments, licencing,
quality, as well as health and safety) for Denison operated uranium
development projects and the
Company's minority interests in operating
facilities.
Mr. Himbeault has significant operational and regulatory
experience, with over 25 years of diverse involvement in the mining
industry through consulting and operations
management.
In previous roles, Mr. Himbeault has been responsible for
substantial improvements in mining and processing facilities,
to ensure sustainability of operations, and has successfully
facilitated environmental assessments in both the uranium and
diamond mining sectors. During his 18-year career with Cameco
Corporation, Mr. Himbeault led the Key Lake Operation through
multiple relicensing processes and spearheaded the development and
approval of the environmental assessment for the Key Lake Extension
Project. With over 14 years of direct experience at the Key
Lake Operation, his responsibilities have included senior
management leadership for plant operations (including uranium
processing, site infrastructure services, maintenance, and recent
automation initiatives), as well as oversight of the development of
safety, health, quality, and radiation protection programs. Mr.
Himbeault most recently held the position of Operations Manager at
the Key Lake mill and holds a Master of Science (MSc) degree
in Toxicology from the University of
Saskatchewan.
About Denison
Denison is a uranium exploration and development company with
interests focused in the Athabasca
Basin region of northern Saskatchewan,
Canada. The Company has an effective 95% interest in its
flagship Wheeler River Uranium Project, which is the largest
undeveloped uranium project in the infrastructure rich eastern
portion of the Athabasca Basin
region of northern Saskatchewan.
Denison's interests in Saskatchewan also include a 22.5% ownership
interest in the McClean Lake joint venture ("MLJV"), which includes
several uranium deposits and the McClean Lake uranium mill that is
contracted to process the ore from the Cigar Lake mine under a toll
milling agreement, plus a 25.17% interest in the Midwest Main and
Midwest A deposits, and a 66.90% interest in the Tthe Heldeth Túé
("THT", formerly J Zone) and Huskie deposits on the Waterbury Lake
property. Each of Midwest Main, Midwest A, THT and Huskie are
located within 20 kilometres of the McClean Lake mill.
Through its 50% ownership of JCU (Canada) Exploration Company, Limited, Denison
holds additional interests in various uranium project joint
ventures in Canada, including the
Millennium project (JCU 30.099%), the Kiggavik project (JCU
33.8123%) and Christie Lake (JCU
34.4508%). Denison's exploration portfolio includes further
interests in properties covering ~280,000 hectares in the
Athabasca Basin region.
Denison is also engaged in mine decommissioning and
environmental services through its Closed Mines group (formerly
Denison Environmental Services), which manages Denison's
Elliot Lake reclamation projects
and provides third-party post-closure mine care and maintenance
services.
Cautionary Statement Regarding Forward-Looking
Statements
Certain information contained in this press release
constitutes "forward-looking information", within the meaning of
the United States Private Securities Litigation Reform Act of 1995
and similar Canadian legislation concerning the business,
operations and financial performance and condition of Denison.
Generally, these forward-looking statements can be identified by
the use of forward-looking terminology such as "plans", "expects",
"budget", "scheduled", "estimates", "forecasts", "intends",
"anticipates", or "believes", or the negatives and/or variations of
such words and phrases, or state that certain actions, events or
results "may", "could", "would", "might" or "will be taken",
"occur", "be achieved" or "has the potential to". In particular,
this press release contains forward-looking information pertaining
to the following: the anticipated role and objectives to be
achieved with the creation of the Vice President Plant Operations
& Regulatory Affairs position and the appointment of
Kevin Himbeault; and Denison's
percentage interest in its properties and its plans and agreements
with its joint venture partners.
Forward looking statements are based on the opinions and
estimates of management as of the date such statements are made,
and they are subject to known and unknown risks, uncertainties and
other factors that may cause the actual results, performance or
achievements of Denison to be materially different from those
expressed or implied by forward-looking statements. Denison
believes that the expectations reflected in this forward-looking
information are reasonable but no assurance can be given that these
expectations will prove to be accurate and may differ materially
from those anticipated in this forward looking information.
For a discussion in respect of risks and other factors that
could influence forward-looking events, please refer to the factors
discussed in Denison's Annual Information Form dated March 26, 2021 under the heading "Risk Factors".
These factors are not, and should not be construed as being
exhaustive.
Accordingly, readers should not place undue reliance on
forward-looking statements. The forward-looking information
contained in this press release is expressly qualified by this
cautionary statement. Any forward-looking information and the
assumptions made with respect thereto speaks only as of the date of
this press release. Denison does not undertake any obligation to
publicly update or revise any forward-looking information after the
date of this press release to conform such information to actual
results or to changes in Denison's expectations except as otherwise
required by applicable legislation.
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SOURCE Denison Mines Corp.