UNDERWRITING AGREEMENTUnderwriting Agreement • March 26th, 2020 • Denison Mines Corp. • Miscellaneous metal ores • Ontario
Cantor Fitzgerald Canada Corporation (“CFCC”), as sole bookrunner and co-lead underwriter together with Haywood Securities Inc.(“Haywood”, and together with CFCC, the “Co-Lead Underwriters”), along with BMO Nesbitt Burns Inc., Scotia Capital Inc., TD Securities Inc., Canaccord Genuity Corp. and Raymond James Ltd. (together with the Co-Lead underwriters, the “Underwriters” and each individually an “Underwriter”) hereby severally, and not jointly nor jointly and severally, offer to purchase from Denison Mines Corp. (the “Company”) in the respective percentages set forth in Section 22 hereof, and the Company hereby agrees to issue and sell to the Underwriters, upon and subject to the terms hereof, an aggregate of 25,000,000 common shares of the Company (the “Firm Shares”) on an underwritten basis at a price of US$0.20 per Firm Share (the “Offering Price”) for an aggregate purchase price of US$5,000,000.
