Denison Announces Filing of Annual Report on Form 40-F

Denison Mines Logo (CNW Group/Denison Mines Corp.)

TORONTO, March 25, 2022 /CNW/ – Denison Mines Corp. (“Denison” or the “Company”) (TSX: DML) (NYSE American: DNN) is pleased to announce that it has filed its 2021 Annual Report on Form 40-F with the US Securities and Exchange Commission (“ DRY”). Denison’s Form 40-F includes its MD&A and audited financial statements for the year ended December 31, 2021. The Form 40-F will be available on Denison’s website at www.denisonmines.comand on the SEC website at www.sec.gov/edgar.shtml. See the PDF version

Denison’s Annual Information Form has also been filed with Canadian regulatory authorities and will be available on Denison’s website at www.denisonmines.com and under the Company’s profile on SEDAR at www.sedar.com.

Denison security holders may receive a free printed copy of the company’s most recent Form 40-F and annual report, including audited financial statements, by emailing a request to [email protected] or writing to Denison Mines Corp., 1100 – 40 University Avenue, Toronto, Ontario, Canada M5J 1T1.

About Denison

Denison is a uranium exploration and development company with interests focused on athabasca Northern basin region Saskatchewan, Canada. The Company holds a 95% effective interest in its flagship Wheeler River uranium project, which is the largest undeveloped uranium project in the infrastructure-rich eastern part of the athabasca Northern basin region Saskatchewan. A PFS was completed for Wheeler River in late 2018, given the potential economic interest of the development Phoenix as an ISR operation and the Gryphon deposit as a conventional underground mining operation. Denison’s interests in Saskatchewan also include a 22.5% interest in the McClean Lake joint venture, which includes several uranium deposits and the McClean Lake uranium mill, which is contracted to process ore from the Cigar Lake mine under a toll milling agreement (see TRADING RESULTS below for details), plus a 25.17% interest in the Midwest Main and Midwest A deposits and a 66.90% interest in the Tthe deposits. Heldeth Túé (“THT”, formerly J Zone) and Huskie on the Waterbury Lake property. The Midwest Main, Midwest A, THT and Huskie deposits are located within 20 kilometers of the McClean Lake mill.

Through its 50% interest in JCU, Denison holds additional interests in various uranium project joint ventures in Canadaincluding the Millennium project (JCU, 30.099%), the Kiggavik project (JCU, 33.8123%) and Christie Lake (UCJ, 34.4508%). Denison’s exploration portfolio includes other interests in properties covering approximately 300,000 hectares in the athabasca Basin region.

Denison also provides post-closure mine care and maintenance services through its Closed Mines group (formerly Denison Environmental Services), which manages Denison’s reclaimed mine sites in the Elliot Lake region and provides related services to certain third-party projects.

Denison Announces Filing of Annual Report on Form 40-F (CNW Group/Denison Mines Corp.)

Denison Announces Filing of Annual Report on Form 40-F (CNW Group/Denison Mines Corp.)

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