Uranium

NYSEMKT:UUUU

LAKEWOOD, CO, Sept. 20, 2016 /PRNewswire/ – Energy Fuels Inc. (TSX:EFR,NYSEMKT:UUUU) is pleased to announce it has closed the previously announced public offering (the “Offering”) of Units made pursuant to an amended and restated underwriting agreement dated September 15, 2016 between the Company and a syndicate of underwriters led by Cantor Fitzgerald Canada Corporation and Rodman & Renshaw a unit of H.C. Wainwright & Co., LLC, acting as co-lead underwriters and joint book-running managers, along with Haywood Securities Inc., Raymond James Ltd. and Dundee Securities Ltd (collectively, the “Underwriters”).

LAKEWOOD, CO, Sept. 20, 2016 /PRNewswire/ – Energy Fuels Inc. (TSX:EFR,NYSEMKT:UUUU) is pleased to announce it has closed the previously announced public offering (the “Offering”) of Units made pursuant to an amended and restated underwriting agreement dated September 15, 2016 between the Company and a syndicate of underwriters led by Cantor Fitzgerald Canada Corporation and Rodman & Renshaw a unit of H.C. Wainwright & Co., LLC, acting as co-lead underwriters and joint book-running managers, along with Haywood Securities Inc., Raymond James Ltd. and Dundee Securities Ltd (collectively, the “Underwriters”).
As previously announced, the Company intends to use the net proceeds of the Offering (i) to continue to finance the previously announced shaft sinking and evaluation at the Company’s high-grade Canyon mine project in Arizona; (ii) to continue to fund wellfield construction at the Company’s Nichols Ranch Project in Wyoming; (iii) to continue permitting of the Company’s projects, including Roca Honda and Jane Dough; (iv) to repay principal on outstanding indebtedness; and (v) for general corporate needs and working capital requirements. However, management of Energy Fuels will have discretion with respect to the actual use of the net proceeds of the Offering and there may be circumstances where, for sound business reasons, a reallocation of the net proceeds is necessary.
Connect with Energy Fuels Inc. (TSX:EFR,NYSEMKT:UUUU) to receive an Investor Presentation.

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