Energy Fuels Renews Its ATM Program
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Energy Fuels Renews Its ATM Program
Lakewood, Colorado – November 5, 2018
Energy Fuels Inc. (NYSE American :UUUU; TSX:EFR) (“Energy Fuels” or the “Company”) , a leading
producer of uranium in the United States, is pleased to announce that today the Company has filed a
prospectus supplement to its effective U.S. registration statement on Form S -3 in order to renew its ‘at-
the-market’ (“ATM”) program. Under the renewed ATM program the Company may, at its discretion
from time to time, sell up to an additional US$24.5 million of common shares, with sales only being
made on the NYSE American at then -prevailing market prices, or any other existing trading market of
the common shares in the United States. The prospectus supplement and the accompanying base shelf
prospectus relating to this offering have been filed with the U.S. Securities and Exchange Commission
(“SEC”) and are available on the SEC’s website at www.sec.gov. Copies of the prospectus su pplement
and the accompanying base shelf prospectus relating to this offering, when available, may be obtained
from Cantor Fitzgerald & Co., Attention, Equity Capital Markets, 110 East 59 th Street, New York, New
York, 10022, telephone: (212) 829-7122.
About Energy Fuels: Energy Fuels is a leading integrated US -based uranium mining company, supplying U 3O8 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 ISR production center with a licensed capacity
of 2 million pounds of U 3O8 per year. Alta Mesa is an ISR production center currently on standby. Energy Fuels also
has the largest National Instrument 43 -101 compliant 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 ISR project, mines o n
standby, and mineral properties in various stages of permitting and development. The Company 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”.
Cautionary Note Regarding Forward-Looking Statements:
This news release contains certain “Forward Looking Information” and “Forward Looking Statements” within the
meaning of applicable securities legislation, which may include, but is not limited to, statements with respect to:
the Company being a leading producer of uranium in the U.S . and the successful utilization of the ATM 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 -
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looking statements, including w ithout limitation factors relating to: the Company being a leading producer of
uranium in the U.S , the successful utilization of the ATM, and other risk factors as described in Energy Fuels’ most
recent annual report on Form 10 -K and quarterly financial r eports. 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 f uture. 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.
Energy Fuels Inc.
Curtis Moore – VP – Marketing & Corporate Development
(303) 974-2140 or Toll free: (888) 864-2125
www.energyfuels.com