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Energy Fuels Announces Election of Directors LAKEWOOD, Colo. ,

Shareholder Meetings

Energy Fuels Announces Election of Directors

LAKEWOOD, Colo.

,

May 27, 2021

/CNW/ -

Energy Fuels Inc.

(NYSE American: UUUU) (TSX: EFR)

("Energy Fuels" or the "Company")

, the leading uranium producer in the United States, announces the

results of the election of directors at its annual and special meeting of shareholders (the "

Meeting

") held

virtually on

May 26, 2021

.

The eight (8) nominees proposed by management for election as directors were elected by the

shareholders of the Company, through a combination of votes by proxy and electronic poll, as follows:

Nominee

Votes For

% For

Votes Withheld

% Withheld

J. Birks Bovaird

16,494,553

85.70%

2,753,377

14.30%

Mark S. Chalmers

18,494,309

96.08%

753,621

3.92%

Benjamin Eshleman III

14,978,861

77.82%

4,269,069

22.18%

Barbara A. Filas

18,358,186

95.38%

889,744

4.62%

Bruce D. Hansen

16,600,408

86.25%

2,647,522

13.75%

Dennis L. Higgs

18,275,526

94.95%

972,404

5.05%

Robert W. Kirkwood

15,876,006

82.48%

3,371,924

17.52%

Alexander Morrison

16,631,280

86.41%

2,616,650

13.59%

About Energy Fuels

: Energy Fuels is a leading U.S.-based uranium mining company, supplying U

3

O

8

to

major nuclear utilities. The Company also produces vanadium from certain of its projects, as market

conditions warrant, and expects to commence commercial production of REE carbonate in 2021. Its

corporate offices are in Lakewood, Colorado near Denver, and all of its assets and employees are in the

United States

. Energy Fuels holds three of America's key uranium production centers: the White Mesa

Mill in Utah, the Nichols Ranch in-situ recovery ("ISR") Project in Wyoming, and the Alta Mesa ISR

Project in Texas. The White Mesa Mill is the only conventional uranium mill operating in the U.S. today,

has a licensed capacity of over 8 million pounds of U

3

O

8

per year, and has the ability to produce

vanadium when market conditions warrant, as well as REE carbonate from various uranium-bearing

ores. The Nichols Ranch ISR Project is currently on standby and has a licensed capacity of 2 million

pounds of U

3

O

8

per year. The Alta Mesa ISR Project is also currently on standby. In addition to the

above production facilities, Energy Fuels also has one of the largest NI 43-101 compliant uranium

resource portfolios in the U.S. and several uranium and uranium/vanadium mining projects on standby

and in various stages of permitting and development. 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

.

View original content to download multimedia:

http://www.prnewswire.com/news-releases/energy-fuels-announces-election-of-directors-301301422.html

SOURCE

Energy Fuels Inc.

View original content to download multimedia:

http://www.newswire.ca/en/releases/archive/May2021/27/c0201.html

%SEDAR: 00004321E

For further information:

Energy Fuels Inc., Curtis Moore - VP - Marketing & Corporate Development,

(303) 974-2140 or Toll free: (888) 864-2125, [email protected], www.energyfuels.com

CO: Energy Fuels Inc.

CNW 20:49e 27-MAY-21