# Denison Mines agrees to acquire 50% of JCU from UEX for $20.5M

Denison Mines Corp. entered into a binding agreement to acquire 50% ownership of JCU (Canada) Exploration Company, Limited from UEX Corporation for $20.5 million in cash, following UEX's acquisition of JCU from OURD.

- Type: Acquisition
- Announced: 2021-06-15
- Where: Canada
- Value: $20.5M
- Status: announced
- Products: uranium
- Sectors: [Mining Equipment](https://endata.com/sectors/mining-equipment.md)

## Companies

- [Denison Mines](https://endata.com/companies/55812.md) (acquirer)
- [UEX Corporation](https://endata.com/companies/55813.md) (partner)
- [JCU (Canada) Exploration Company](https://endata.com/companies/55814.md) (target)

## Sources

- [denisonmines.com](https://denisonmines.com/news/denison-announces-agreement-to-acquire-50-of-jcu-122741/), 2021-06-15: "Denison welcomes this new partnership with UEX. We are pleased with the acquisition terms for this unique and valuable portfolio of strategic Canadian uranium interests."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.