Company Profile

                           Denison is a Canadian company with international resource
                           related interests.   Denison's interests include a 22.5% interest in
                           the McClean Lake uranium project where production commenced
                           in June 1999 and a 25% interest in the Midwest uranium project,
                           both in northern Saskatchewan, and various interests in
                           undeveloped oil and gas and mineral exploration projects.   

                           Denison Mines Limited reported earnings of $12.3 million for
                           the twelve months ended December 31, 1999 compared with a
                           loss of $3.3 million for the year ended December 31, 1998. 
                           Revenue was $20.5 million for the year compared to $52.4
                           million in 1998.  The oil and gas portion of revenue has declined
                           to $3.2 million in 1999 for $22.4 million in 1998 following the
                           closure of the Greek oil field in November 1998.  

                           Results in 1999 include earnings of $13.9 million as a result of
                           the elimination of any Greek reclamation liability, a gain of $7.7
                           million from the sale of the Company's interest in the White
                           Rose oil field and a loss of $12.9 million on account of the loss
                           in the Court of Appeal of the Oceanic royalty dispute.  Excluding
                           these items, earnings would be $3.5 million.  Results in 1998
                           included a $11.5 million write down of the Greek oil property.

                           Denison has commenced a new line of business, Denison
                           Environmental Services, providing services in industrial and mine
                           facility decommissioning and reclamation and waste management