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DENISON MINES ISSUES STATEMENT ON PREFERRED STOCK

 DENISON MINES ISSUES STATEMENT ON PREFERRED STOCK
 TORONTO, Sept. 15 /PRNewswire/ -- Denison Mines Limited announced


today that its board of directors has determined that given the provisions contained in the extension of its corporate loan agreement, it cannot and it would be contrary to applicable law to redeem, on Sept. 15, 1992, any of the Series B Preferred Shares deposited for redemption and that no payment shall be made at this time.
 -0- 9/15/92
 /CONTACT: Bill James, 416-865-1991 or 416-865-1993/
 (DEN.A.) CO: Denison Mines Limited ST: Ontario IN: MNG SU:


KD -- NY089 -- 9878 09/15/92 19:08 EDT
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Copyright 1992 Gale, Cengage Learning. All rights reserved.

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Publication:PR Newswire
Date:Sep 15, 1992
Words:102
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