Energy Fuels Moves to Dismiss Suit Opposing Mill License
March 11 2011 - 3:15PM
Marketwired
Energy Fuels Inc. (TSX: EFR) ("Energy Fuels" or the "Company"), an
advanced uranium and vanadium development company, earlier
announced that Sheep Mountain Alliance based in Telluride, Colorado
had filed suit in District Court, City and County of Denver,
Colorado, naming the Colorado Department of Public Health and
Environment (CDPHE) as Defendant.
On February 23, 2011, CDPHE filed a Motion to Dismiss Sheep
Mountain Alliance's lawsuit (Sheep Mountain Alliance vs. CDPHE)
which challenged CDPHE's license approval granted on January 5, to
Energy Fuels Resources to construct and operate the Pinon Ridge
uranium mill near Naturita, Colorado. In its Motion, CDPHE argues
that the Denver District Court does not have jurisdiction to grant
Sheep Mountain relief, and that Sheep Mountain lacks standing to
sue the State regarding this license decision.
Yesterday, Energy Fuels filed its own Motion to Dismiss Sheep
Mountain Alliance's lawsuit. Energy Fuels' Motion joins in the
arguments presented in CDPHE's Motion. It also specifically asks
the Court to dismiss Sheep Mountain's First Claim for Relief, which
alleges that CDPHE issued Energy Fuels' radioactive materials
license without conducting the necessary administrative procedures.
Energy Fuels' Motion to Dismiss argues that Sheep Mountain's
interpretation of the applicable statutes, as set forth in its
First Claim for Relief, is legally incorrect, and that, as a
result, the Court must dismiss that claim.
About Energy Fuels: Energy Fuels Inc. is a uranium and vanadium
mineral development company actively rehabilitating and developing
formerly producing mines. With more than 38,000 acres of highly
prospective uranium and vanadium property located in the states of
Colorado, Utah, Arizona, Wyoming, and New Mexico, and exploration
properties in Saskatchewan's Athabasca Basin totaling approximately
32,000 additional acres, the Company has a full pipeline of
additional development prospects. Energy Fuels, through its
wholly-owned Colorado subsidiary, Energy Fuels Resources
Corporation and its British Columbia subsidiary, Magnum Uranium
Corp., has assembled this property portfolio along with a first
class management team, including highly skilled technical mining
and milling professionals based in Lakewood and Naturita, Colorado
and Kanab, Utah.
Contacts: Energy Fuels Inc. Gary Steele Investor Relations (303)
974-2140 or Toll free: 1-888-864-2125 investorinfo@energyfuels.com
www.energyfuels.com
Energy Fuels (TSX:EFR)
Historical Stock Chart
From Jun 2024 to Jul 2024
Energy Fuels (TSX:EFR)
Historical Stock Chart
From Jul 2023 to Jul 2024