Rockgate
Capital Corp. acknowledges
the announcement made on September 17, 2013 by Denison Mines Corp.
DNN of its intention to make an unsolicited bid (the "Denison
Proposal") for all of the issued and outstanding shares of Rockgate.
The Company has had no discussions with Denison and has not received
any communications with any details or other information regarding
the intended Denison Proposal, other than the information contained
in Denison's press release. If an actual offer is made, the Board of
Directors of Rockgate will consider alternatives and make a
recommendation. In the meantime, Rockgate suggests that shareholders
defer taking any action in respect of the possible Denison Proposal
until shareholders have received further communication from the Board
of Directors of Rockgate.
The Company also advises that on August 13, 2013, in accordance with
the terms and conditions of the Company's previously announced
proposed arrangement with Mega Uranium Ltd., the Company waived the
application of its Shareholder Rights Plan Agreement dated for
reference June 16, 2008.
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