Denison Mines Corp (DNN)

[Timothy Smith]

Denison Mines (NYSEMKT:DNN) and Fission Uranium (OTCQX:FCUUF) say they have terminated their C$483M merger agreement after the deal failed to receive the necessary approval of two-thirds of Fission's shareholders.

At the deadline for submission of proxies on Friday, DNN's shareholders had strongly supported the deal.

DNN had sought to acquire Fission to expand its presence in the Athabasca mining region in Saskatchewan.