Denison Mines Corp. (DNN) Purchases 485,000 Common Shares of Foremost Clean Energy Ltd. at $2.20 per Share

Denison Mines Corp. (NYSE:DNN) is one of the 11 Best Nuclear Energy Stocks to Invest in Right Now.

On September 3, 2025, Denison Mines Corp. (NYSE:DNN) purchased 485,000 common shares of Foremost Clean Energy Ltd. at $2.20 per share, generating about $1.07 million in funds. This was done to exercise its equity participation right under a modified investor rights agreement.

Following Foremost’s recent share issuances linked to warrant exercises and property payments—particularly the Jean Lake Lithium/Gold Property— Denison Mines Corp. (NYSE:DNN) now retains around 19.17% of Foremost’s outstanding common shares, demonstrating its strategic interest in uranium exploration in the Athabasca Basin of Saskatchewan.

In Canada, Denison Mines Corp. (NYSE:DNN) acquires, explores, and develops uranium-bearing sites. It owns a 95% stake in its flagship Wheeler River uranium project in the northern Saskatchewan Athabasca Basin. It is one of the Best Utility Stocks.

While we acknowledge the potential of DNN as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

READ NEXT: 15 Stocks That Will Benefit From AI and 14 Best IT Stocks to Buy for the Long Term.

Disclosure: None.