Energy Fuels Announces Non-Brokered Private Placement With Dundee Resources Limited

- July 8th, 2010

Energy Fuels Inc. (TSX:EFR), an advanced uranium and vanadium exploration and development company, announced the closing today of a non-brokered private placement financing.

Energy Fuels Inc. (TSX:EFR), an advanced uranium and vanadium exploration and development company, announced the closing today of a non-brokered private placement financing.

The press release is quoted as saying:

Under the Offering, the Company issued 19,250,000 common shares at a price of CDN$0.16 per share for gross proceeds of CDN$3,080,000. Dundee Resources Limited (“Dundee”), a wholly owned subsidiary of Dundee Corporation, subscribed for all of the 19,250,000 common shares issued under the Offering. The private placement is subject to a 5% cash finder’s fee payable to an arm’s length party.

Click here to access the entire press release

Click here to access Energy Fuels Inc. Corporate Site

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