Energy Fuels (TSX:EFR,NYSE MKT:UUUU) reported that Institutional Shareholder Services (ISS), the “largest independent proxy advisory firm,” has given its support for the proposed merger between Energy Fuels and Uranerz (TSX:URZ). ISS has recommended Energy Fuels and Uranerz shareholders support the proposed deal.
As quoted in the press release:
Each company is scheduled to host its own shareholder meeting to consider the Transaction on June 18, 2015.
Energy Fuels recommends that its shareholders read the Amended Management Information Circular dated May 21, 2015 with respect to the Transaction, which was mailed to Energy Fuels shareholders of record as of April 20, 2015. The Amended Management Information Circular is available on SEDAR at www.sedar.com, on EDGAR at www.sec.gov, and on Energy Fuels’ website at www.energyfuels.com.
Uranerz recommends that its shareholders read the Proxy Statement dated May 26, 2015 with respect to the Transaction, which was recently mailed to Uranerz shareholders of record as of May 26, 2015. The Proxy Statement is available on EDGAR at www.sec.gov, SEDAR at www.sedar.com and on Uranerz’ website at www.uranerz.com.
The board of directors of each of Energy Fuels and Uranerz unanimously recommend that their respective shareholders vote FOR the Transaction proposal to be considered at the upcoming shareholder meetings scheduled for June 18, 2015.