Denison Mines Files 2025 40-F, Secures Phoenix ISR Construction Licence
Denison Mines filed its 2025 Form 40-F including audited statements and MD&A for year ended December 31, 2025, and secured a federal construction licence for the Phoenix ISR deposit. The filing highlights Denison’s 95% stake in Wheeler River and direct ownership of roughly 457,000 hectares across Athabasca Basin joint ventures.
1. Annual Report Filing
Denison Mines submitted its 2025 Annual Report on Form 40-F, comprising its audited financial statements, management discussion and analysis, and annual information form for the year ended December 31, 2025. The report is now accessible on the company’s website and through regulatory filings, providing investors with full transparency on last year’s performance.
2. Project Permitting and Approvals
In February 2026, Denison obtained the federal construction licence following provincial EA approval in July 2025, clearing the way for construction at the Phoenix ISR deposit. This permit milestone follows completion of the 2023 Phoenix feasibility study and updates to the 2018 Gryphon pre-feasibility study for the Wheeler River project.
3. Asset Portfolio and Joint Ventures
Denison holds a 95% interest in its flagship Wheeler River Uranium Project, supported by interests in multiple joint ventures across the Athabasca Basin. The company’s direct holdings cover approximately 457,000 hectares, including stakes in McClean Lake, Midwest Main, Midwest A, THT and Huskie deposits, plus equity in JCU-managed projects.