Hole 116: 2.5 Metres Grading 70.34% U3O8 / #10-200: 22.5 Metres Grading 11.3% U3O8 / #30: 69 metres grading 2.33% U3O8 / #10-188B: 7.5 metres grading 29.98% U3O8

ATHABASCA BASIN: WHERE GRADE IS KING!

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Message: HAT / NCR combination (share update)
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Did you factor in the 3,960,000 NCR shares that Dennison will receive? (C$ 495,000/.125)

Denison has notified Northern that it is exercising its right to convert the CDN$495,000 principal plus all accrued interest earned on a convertible loan made to Northern as part of the Arrangement Agreement into common shares of Northern at a price of CDN$0.125 per share...

http://www.stockwatch.com/newsit/newsit_newsit.aspx?bid=Z-C:DML-1625144&symbol=DML&news_region=C

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