#Canada #Toronto #Denison Mines #Wheeler River #Métis Nation

Denison Mines Collaborates with Métis Nation-Saskatchewan

On December 4, 2025, Denison Mines Corp. (NYSE American: DNN, TSX: DML) proudly announced a significant milestone in its relationship with the Métis Nation-Saskatchewan (MN-S). The signing of an Impact Benefit Agreement (IBA) creates a foundation for mutual support and collaboration on the development of Denison's flagship Wheeler River Project located in northern Saskatchewan.

Details of the Agreement

The IBA solidifies the support from the Métis Parties—which include 13 MN-S Locals, MN-S Northern Region 1 (MN-S NR-1), and MN-S Northern Region 3 (MN-S NR-3)—for the advancement of the Wheeler River Project. This agreement comes after extensive negotiations that began in 2019, demonstrating Denison's commitment to engage with MN-S early in the planning process. By formalizing this agreement, Denison not only acknowledges the importance of community support but also pledges to respect the land and cultural significance of the area in their operations.

MN-S President Glen McCallum emphasized that the agreement marks a crucial step towards economic betterment for Métis families and strengthens the relationship between the Métis Nation and the mining sector. He stated, "This IBA not only represents enormous economic opportunities for Métis families, but is also a milestone in our government's relationship with Denison and other industry partners."

Environmental Responsibility

Both Denison's President and CEO, David Cates, and MN-S representatives highlighted the importance of ecological stewardship in the development process. The IBA includes commitments to environmental reclamation post-project, ensuring that the successful execution of the Wheeler River Project will not only enhance economic prospects but will also contribute to the long-term well-being of the Métis communities. Cates noted, "Our engagement has been rooted in trust, transparency, and mutual respect, aiming for collaboration that serves the interests of all parties involved."

Laura Burnouf, Regional Director of MN-S NR-1, pointed out that this partnership will aid in combating local challenges, including homelessness and addiction by providing economic and employment opportunities. As North Saskatchewan is rich not only in resources but in culture, the cooperation between Denison and the Métis communities represents a significant step toward sustainable local development.

Exploration Agreement

Alongside the IBA, Denison has also signed an Exploration Agreement that extends this cooperative relationship beyond the Wheeler River Project. This agreement addresses Denison's exploration and evaluation efforts within the MN-S NR-1 and NR-3 regions. In this capacity, Denison has committed to involving Métis voices in developmental processes, advocating for community engagement, and ensuring a transparent consulting process. This approach amplifies the collaboration between the company and the Métis communities as they navigate the future of resource exploration together.

About Denison Mines

Denison Mines Corp. is a leading uranium exploration and mining company with a significant focus on the Athabasca Basin region in northern Saskatchewan. Holding a 95% effective interest in the Wheeler River Project, which is noted as the largest undeveloped uranium project in the eastern portion of the basin, Denison's operations exemplify leading-edge practices in sustainable mining. With ongoing projects and a commitment to fostering community relations, Denison continues to expand its influence in the uranium industry.

The signing of the IBA is not only a negotiation victory but a significant commitment to ensuring that Indigenous voices are included in conversations regarding land use and resource extraction in their traditional territories. By working together, Denison and the Métis Nation-Saskatchewan aim to pave the way for sustainable economic growth while honoring and protecting the cultural heritage of the Métis people.