Denison Announces Results of Shareholder Meeting
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Denison Mines Corp.
1100 – 40 University Ave
Toronto, ON M5J 1T1
www.denisonmines.com
PRESS RELEASE
Denison Announces Results of Shareholder Meeting
Toronto, ON – May 4, 2022. Denison Mines Corp. (“Denison” or the “Company”) (TSX: DML, NYSE
American: DNN) is pleased to report that the nominees listed in the management proxy circular dated March
23, 2022 (the “Circular”) for the A nnual General Meeting of Sharehol ders held in Toronto today (the
"Meeting ") were elected as directors of the Company.
The Company is also pleased to report that all other items of business presented to its shareholders at the
Meeting, as more particularly described in the Circular, were approved.
Detailed results of the vote by proxy for the election of directors are set out below.
Nominee Votes For % For Votes Withheld % Withheld
David D. Cates 287,858,710 98.33 4,902,488 1.67
Brian D. Edgar 285,402,715 97.49 7,358,483 2.51
Ron F. Hochstein 214,886,081 73.40 77,875,117 26.60
Yun Chang Jeong 289,706,277 98.96 3,054,921 1.04
David Neuburger 290,406,734 99.20 2,354,464 0.80
Laurie Sterritt 290,203,425 99.13 2,557,773 0.87
Jennifer Traub 289,467,949 98.88 3,293,249 1.12
Patricia M. Volker 290,167,763 99.11 2,593,435 0.89
The Board of Directors (t he “Board”), on recommendation of t he Corporate Governance & Nominating
Committee (after detailed review), approved the individuals nominated to shareholders for election to serve
as directors of the Board and is confident of their suitability to serve on the Board and its Committees. The
Company was advised that proxy advisory firm Institutional Shareholder Services (“ISS”) recommended a
“withhold” vote against Mr. Hochstein, which is believed to have impacted the voting results at the Meeting.
According to their reporting, ISS has taken the po sition that Mr. Hochstein is not independent due to his
prior role as CEO of the Company 7 years ago. Mr. Hochstein has served as President and CEO of Lundin
Gold Inc. since 2014, resigning as CEO of the Company in March 2015. It is the position of the Board that
Mr. Hochstein’s prior exec utive positions with Denison do not in terfere with his ab ility to exercise
independent judgment as a member of Denison’s Board and that Mr. Hochstein is a highly valued member
of the Board, providing the Compan y with the benefit of his many year s of experience in governance and
mining (including uranium exploration and mining operations).
The Company has provided more details on the results of all matters considered at the Meeting in its Report
of Voting Results which has been filed under its pr ofile on SEDAR at www.sedar.com and will be filed on
EDGAR at www.sec.gov/edgar.
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About Denison
Denison is a uranium exploration and development company with interests focused in the Athabasca Basin
region of northern Saskatchewan, Canada. The Compan y 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, 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) Explor ation Company, Limited (“JCU”), Denison holds
additional interests in various uranium project join t 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 pr operties covering ~297,000 hectares in the Athabasca
Basin region.
Denison is also engaged in post-closure mine care and maintenance services through its Closed Mines
group (formerly Denison Environmental Services), wh ich manages Denison's reclaimed mine sites in the
Elliot Lake region and provides related services to certain third-party projects.
For more information, please contact
David Cates (416) 979-1991 ext. 362
President and Chief Executive Officer
Mac McDonald (416) 979-1991 ext. 242
Exec. Vice President & Chief Financial Officer
Follow Denison on Twitter @DenisonMinesCo
CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING STATEMENTS
Certain information contained in this news release constitu tes ‘forward-looking information’, within the meaning of the
applicable United States and Canadian legislation concerning the business, operations and financial performance and
condition of Denison. Genera lly, 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 variati ons 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 news release contains forward-looking information pertaining to the following: the composition of the
Denison Board; expectations regarding Denison’s joint venture ownership interests and the continuity of its agreements
with third parties.
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, level of activity, performance or achievements of Denison to be materially different from those expressed or
implied by such forward-looking statements. Denison believe s 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 results
may differ materially from those anticipated in this forward looking information. For a discussion in respect of risks and
other factors that could influence forw ard-looking events, please refer to the factors discussed in Denison’s Annual
Information Form dated March 25, 2022 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 news 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 news release. Denison does not undertake
any obligation to publicly update or revise any forward-looking information after the date of this news release to conform
such information to actual results or to changes in Deni son's expectations except as otherwise required by applicable
legislation.