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Stock impact report

ALX Resources Corp. Amends Hook-Carter Uranium Project Joint Venture Agreement with Denison Mines - Exploration Planned for 2024 [Yahoo! Finance]

Denison Mines Corp Ordinary Shares (Canada) (DNN) 
NASDAQ:AMEX Investor Relations: denisonmines.com/s/investorrelations.asp
Company Research Source: Yahoo! Finance
pleased to announce it has entered into an amending agreement (the " Amendment ") with Denison Mines Corp. (" Denison ") whereby ALX may increase its ownership interest in the Hook-Carter Uranium property (" Hook-Carter ", or the " Project ") from 20% to 25% ownership by funding the next $3.0 million of exploration at the Project within the next 30 months. Hook-Carter is a highly-prospective and large exploration property with significant coverage along the prospective Patterson Lake, Carter, and Derksen exploration corridors — notably covering approximately 13 kilometres of the Patterson Lake Corridor along strike of the Arrow uranium deposit owned by NexGen Energy Ltd. (" NexGen "), and the Triple R uranium deposit owned by Fission Uranium Corp. (" Fission Background to the ALX-Denison Hook-Carter Agreement On October 16, 2016, ALX and Denison entered into a purchase agreement (the " Original Agreement "), whereby ALX sold an 80% interest in the Project in exchange for 7.5 milli Show less Read more
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