Denison Mines announces shared prosperity agreement with ERFN

Denison Mines announced the signing of a shared prosperity agreement, or SPA, with English River First Nation, or ERFN, supporting the development and operation of Denison’s Wheeler River Project in northern Saskatchewan. The SPA received support from a substantial majority of ERFN Members who participated in a ratification vote on its key terms. The signing of the SPA follows years of active engagement, including a four-month-long ERFN-led community consultation process ahead of the ratification vote, and represents a significant milestone in the history of both Denison’s relationship with ERFN and the Project. The SPA acknowledges that the project is located within ERFN’s Ancestral Lands and provides Denison with ERFN’s consent to advance the project. Additionally, the SPA outlines a shared recognition that ERFN is the Knowledge Keeper of the culture, ways, customs, and values of ERFN in relation to the environment and its Members and reflects ERFN’s desire to prioritize sustainability. Amongst other key commitments, the SPA provides ERFN and its members with an important role in environmental monitoring and management, and benefits from community investment, business opportunities, employment and training opportunities, and financial compensation. Overall, the SPA describes a mutual commitment to maintain an open, respectful, and cooperative relationship between Denison and ERFN to ensure mutual prosperity as the development and operation of the project progresses.