Energy Fuels is pleased to announce that it has completed an update to the Preliminary Feasibility Study (PFS), originally reported by the Company's wholly owned subsidiary Titan Uranium on April 12, 2010, for Energy Fuels' 100% owned Sheep Mountain uranium project in Fremont County, Wyoming. All currency amounts reported in this release are quoted in US dollars. Under the updated PFS, the scenario with the best economics [...]
Energy Fuels Inc. and Titan Uranium Inc. are pleased to announce that a Certificate of Arrangement giving effect to the Plan of Arrangement between Energy Fuels and Titan was issued today. Titan is now a wholly-owned subsidiary of Energy Fuels. Under the Arrangement, Energy Fuels issued an aggregate of 89,063,997 common shares in exchange for all of the 130,976,467 issued and outstanding common shares of Titan, on the [...]
Energy Fuels Inc. and Titan Uranium Inc. are pleased to announce that Titan completed the sale of its Canadian assets to Mega Uranium Ltd. today. In the transaction, Titan conveyed several prospective uranium properties located in Saskatchewan's Athabasca Basin and in Nunavut to Mega in exchange for 10,000,000 common shares of Mega.
Energy Fuels Inc. and Titan Uranium Inc. are pleased to announce that today shareholders of Titan approved the proposed Plan of Arrangement between Energy Fuels and Titan Uranium Inc.. Under the Arrangement, Titan will become a wholly-owned subsidiary of Energy Fuels. Of the votes cast, 99.92 % were in favour of the Arrangement. On February 10, 2012, shareholders of Energy Fuels approved the Arrangement. Completion of t
Energy Fuels and Titan Uranium today announced they have entered into a Letter of Intent to pursue a transaction whereby EFR will acquire by way of a plan of arrangement all of the outstanding common shares of Titan. Upon completion of the Transaction, existing Titan shareholders will own approximately 42% of the issued and outstanding common shares of EFR, which will then own 100% of Titan.
Energy Fuels Inc. and Titan Uranium Inc. today provided an update on the pending merger with Titan Uranium, Inc. As previously released, the merger will add 31 million lbs. of NI 43-101 compliant indicated U3O8 resource (13.8 million tons averaging 0.11% eU3O8) to Energy Fuels' inventory. This U3O8 resource includes 14.2 million lbs. of NI 43-101 compliant reserve (6.4 million tons averaging 0.111% eU3O8), of which almost [...]
Energy Fuels today provided an update on recent drilling, technical reports, and development activities at the Company's new Sage Plain Project located in San Juan County, Utah and San Miguel County, Colorado, about 20 miles northeast of Monticello, Utah. As has been previously reported in several press releases over the last year, Energy Fuels has been assembling a significant land package, largely contiguous, in the [...]
Energy Fuels announced today that the Colorado Court of Appeals upheld the Montrose County Special Use Permit for the Piñon Ridge Uranium and Vanadium Mill. On March 3, 2011, the State of Colorado District Court in Montrose County denied a legal challenge by Sheep Mountain Alliance seeking to overturn the Montrose County Board of County Commissioners' decision to issue a Special Use Permit for the Piñon Ridge Mill [...]
Energy Fuels and Titan Uranium are pleased to announce that the companies have entered into a definitive business combination agreement to implement the acquisition of Titan by Energy Fuels as originally announced on October 25, 2011. Pursuant to the agreement, the parties will complete a plan of arrangement whereby Energy Fuels will acquire all of the outstanding shares of Titan on the basis of 0.68 of an Energy Fuels [...]
TORONTO, ONTARIO -- (Marketwire) -- 10/27/11 -- Energy Fuels Inc. (TSX: EFR) ('Energy Fuels' or the 'Company') announced today that the United States Environmental Protection Agency ('EPA') approved construction of the tailings impoundment and evaporation pond facilities for the Pinon Ridge Uranium and Vanadium Mill ('Mill'). These facilities will manage the tailings and wastewater produced by the Mill. Radon emissions
Energy Fuels and Titan Uranium today announced they have entered into a Letter of Intent to pursue a transaction whereby EFR will acquire by way of a plan of arrangement all of the outstanding common shares of Titan. Upon completion of the Transaction, existing Titan shareholders will own approximately 42% of the issued and outstanding common shares of EFR, which will then own 100% of Titan.
Energy Fuels announced today that the Company purchased a 20-year mining lease in southeast Utah's Sage Plain District from privately held Nuclear Energy Corporation for US$1,500,702. With this acquisition, Energy Fuels has assembled sufficient contiguous historical resource acreage to begin permitting a uranium/vanadium mine in the Uravan Mineral Belt with Utah's Department of Oil, Gas, and Minerals. This has the [...]
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