Canadian Mining Journal

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TAKEOVER: Denison extends deadline for Rockgate deal, cuts minimum tender requirement

TORONTO – Denison Mines Corp. has extended the deadline for its offer to acquire Rockgate Capital Corp. to 4:00 pm (Toronto time) on Nov. 18, 2014. Furthermore, Denison has reduced the minimum tender condition to acquire Rockgate common...


TORONTO – Denison Mines Corp. has extended the deadline for its offer to acquire Rockgate Capital Corp. to 4:00 pm (Toronto time) on Nov. 18, 2014. Furthermore, Denison has reduced the minimum tender condition to acquire Rockgate common shares to two-thirds rather than 100%.

Denison also announced that the holders of options to purchase 11 million Rockgate shares that were issued on Sept. 30, 2013, have agreed not to exercise them unless another change of control transaction is announced by a third party that the board of directors of Rockgate determines is superior to the Denison’s offer, prior to the expiry time. Denison has also waived certain of its bid conditions as they relate to the grant of the 2013 options and the entering into of certain retention and consulting agreements.

Denison’s takeover bid remains open for acceptance. Rockgate shareholders requiring assistance in order to accept Denison’s offer may contact Denison’s information agent, Laurel Hill Advisory Group toll free at 877-452-7184 (416-304-0211 collect outside North America) or by email at assistance@laurelhill.com).


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