09:43 AM EST - Denison Mines Corp. : Has noted the disclosure made by Uranium Energy Corp in its news release dated July 28, Denison hereby confirms that it has made a confidential proposal to UEX Corporation acquire all of the issued and outstanding shares of UEX. UEX has reported that its Board of Directors, in consultation with its legal and financial advisors, has determined that the Acquisition Proposal constitutes a "Superior Proposal" as defined in the Arrangement Agreement between UEC and UEX dated June 13. Denison understands that notice of such determination was provided to UEC on July 28. Denison Mines Corp.
shares T.DML are trading unchanged at $1.58.