DENVER, March 12, 2018 /PRNewswire/ - Energy Fuels
Inc. (NYSE American: UUUU; TSX: EFR) ("Energy Fuels" or the
"Company") is pleased to announce that, effective today,
Barbara A. Filas has been appointed
to serve as a Director of Energy Fuels, filling the vacancy created
by the resignation of Ames Brown
earlier in 2017. Ms. Filas brings an impressive array of executive
and technical experience to Energy Fuels in both the public and
private mining sectors.
From 2003 to 2009, Ms. Filas served as the President and Chief
Executive of Knight Piésold and Co., a leading global mining and
environmental consulting firm, where she held various roles of
increasing responsibility from 1989 to 2009. From 2011 to 2013, Ms.
Filas served as the President of Geovic Mining Corp., a
publicly-traded mining company with an advanced cobalt, nickel and
manganese exploration project in Cameroon, among other exploration ventures.
From 2015 to 2016, she was a Director of Moroccan Minerals Ltd., a
private company that explored copper, gold, and silver prospects in
Morocco and Serbia. Ms. Filas'
operational background includes hands-on experience with operating
gold and coal mines and processing facilities; executive experience
in consulting, public companies, and non-profits; and technical
expertise in base and precious metals, coal, uranium and industrial
metals in various engineering and environmental capacities.
In addition, Ms. Filas was the first female President of the
Society for Mining, Metallurgy and Exploration ("SME"), the world's
largest technical mining organization. She currently serves
as the Nominations Chair and Chair of the Board of Governors for
the National Mining Hall of Fame and Museum in Leadville, Colorado and is a part-time
Professor of Practice at the Colorado School
of Mines in Golden,
Colorado. She is internationally recognized as a
thought-leader on a variety of topics including mining, waste
management, environmental and social responsibility, leadership,
and sustainability, and she has experience in both developed and
developing countries on six continents. Ms. Filas is a graduate of
the University of Arizona, and a
Licensed Professional Mining Engineer in Colorado and Nevada.
Mark S. Chalmers, President and
CEO of Energy Fuels Stated: "We are very pleased that Barb has
agreed to serve on Energy Fuels' Board of Directors, as she is
universally recognized as a leader in the global mining industry.
We look forward to benefitting from her perspectives on Energy
Fuels' many opportunities, including our 232 Petition on uranium,
land cleanup work, vanadium production potential, and of course
continuing to be the leader in U.S. uranium production."
About Energy Fuels: Energy Fuels is a leading
integrated U.S. uranium mining company, supplying
U3O8 to major nuclear utilities. Its
corporate offices are in Denver,
Colorado, and all of its assets and employees are in the
western United States. Energy
Fuels holds three of America's key uranium production centers, the
White Mesa Mill in Utah, the
Nichols Ranch Processing Facility in Wyoming, and the Alta Mesa Project in
Texas. The White Mesa Mill is the
only conventional uranium mill operating in the U.S. today and has
a licensed capacity of over 8 million pounds of
U3O8 per year. The Nichols Ranch Processing
Facility is an in-situ recovery production center with a licensed
capacity of 2 million pounds of U3O8 per
year. Alta Mesa is an in-situ
recovery production center with a licensed capacity of 1.5 million
pounds of U3O8 per year, which is currently
on care and maintenance due to low uranium prices. Energy Fuels
also has the largest uranium resource portfolio in the U.S. among
producers, and uranium mining projects located in a number of
Western U.S. states, including one producing in-situ recovery
project, mines on standby, and mineral properties in various stages
of permitting and development. Energy Fuels also produces vanadium
as a by-product of its uranium production from certain of its mines
on the Colorado Plateau, as market conditions warrant. The primary
trading market for Energy Fuels' common shares is the NYSE American
under the trading symbol "UUUU", and the Company's common shares
are also listed on the Toronto Stock Exchange under the trading
symbol "EFR". Energy Fuels' website is
www.energyfuels.com.
Cautionary Note Regarding Forward-Looking
Statements: Certain information contained in this news
release, including any information relating to: the Company
benefitting from Ms. Filas' perspectives; and any other statements
regarding Energy Fuels' future expectations, beliefs, goals or
prospects; constitute forward-looking information within the
meaning of applicable securities legislation (collectively,
"forward-looking statements"). All statements in this news release
that are not statements of historical fact (including statements
containing the words "expects", "does not expect", "plans",
"anticipates", "does not anticipate", "believes", "intends",
"estimates", "projects", "potential", "scheduled", "forecast",
"budget" and similar expressions) should be considered
forward-looking statements. All such forward-looking statements are
subject to important risk factors and uncertainties, many of which
are beyond Energy Fuels' ability to control or predict. A number of
important factors could cause actual results or events to differ
materially from those indicated or implied by such forward-looking
statements, including without limitation factors relating to: the
Company benefitting from Ms. Filas' perspectives; and other risk
factors as described in Energy Fuels' most recent annual report on
Form 10-K and quarterly financial reports. Energy Fuels assumes no
obligation to update the information in this communication, except
as otherwise required by law. Additional information identifying
risks and uncertainties is contained in Energy Fuels' filings with
the various securities commissions which are available online at
www.sec.gov and www.sedar.com. Forward-looking statements are
provided for the purpose of providing information about the current
expectations, beliefs and plans of the management of Energy Fuels
relating to the future. Readers are cautioned that such statements
may not be appropriate for other purposes. Readers are also
cautioned not to place undue reliance on these forward-looking
statements, that speak only as of the date hereof.
SOURCE Energy Fuels Inc.