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Gold/Mining/Energy : denison mines
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To: Lalit Jain who wrote (89)7/4/1997 3:20:00 PM
From: Lalit Jain   of 301
 
NEWS RELEASE TRANSMITTED BY CANADIAN CORPORATE NEWS

FOR: DENISON MINES LIMITED

TSE, ME SYMBOL: DEN

JULY 4, 1997

Denison Files Preliminary Prospectus

TORONTO, ONTARIO--Denison Mines Limited announced today that it
has filed a preliminary short form prospectus with the Ontario
Securities Commission to qualify for distribution of the
15,000,000 common share purchase warrants which will be issued to
Nesbitt Burns Inc. as part of the consideration for purchase of
the $8,600,000 subordinated note from Nesbitt Burns Inc.
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