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Energy Fuels to Present at the 13th Annual LD Micro Main Event Investor Conference on Monday, December 14; Update on Uranium and Rare Earths LAKEWOOD, Colo. ,

Marketing Announcement

Energy Fuels to Present at the 13th Annual LD Micro Main Event Investor

Conference on Monday, December 14; Update on Uranium and Rare Earths

LAKEWOOD, Colo.

,

Dec. 10, 2020

/CNW/ -

Energy Fuels Inc.

(NYSE American: UUUU) (TSX: EFR)

("Energy Fuels" or the "Company")

, a leading producer

of critical minerals in

the United States

, is pleased to announce that the Company's President and CEO

Mark S. Chalmers

will be presenting live at the 13

th

Annual

LD Micro Main Event investor conference on

Monday, December 14, 2020

at

11:40 AM (EST)

.

Mr. Chalmers will provide an update on Energy Fuels' various critical mineral initiatives, with particular emphasis on the Company's progress on rare earth

elements.

Register Here:

ve.mysequire.com/

The Main Event will feature a new and unique format, with companies presenting for 10 minutes, followed by 10 minutes of Q&A by a panel of investors and

analysts.

"The time has finally come to do something different in the virtual conference world. Let's see if we can pull off something that can be enjoyed by both executives

and investors alike," stated

Chris Lahiji

, Funder of LD, now a wholly owned subsidiary of SRAX, Inc.

The Main Event will take place on

December 14

th

and 15

th

, exclusively on the Sequire Virtual Events platform.

View Energy Fuels' profile here:

http://www.ldmicro.com/profile/uuuu

Profiles powered

by LD Micro

About Energy Fuels

: Energy Fuels is the 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 it is evaluating the potential to produce rare earth elements. Its corporate offices are

near

Denver, Colorado

, 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. The Nichols Ranch ISR Project is 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 on standby and has a licensed capacity of 1.5 million pounds of U

3

O

8

per year. In addition to the above production facilities,

Energy Fuels 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

.

About LD Micro/SEQUIRE

: LD Micro began in 2006 with the sole purpose of being an independent resource to the microcap world. What started as a

newsletter highlighting unique companies, has transformed into the pre-eminent event platform in the space. For more information, please visit

ldmicro.com

.

The upcoming Main Event will be highlighting a new format that will benefit both executives and the investors tuning in from all over the globe. In

September

2020

, LD Micro. Inc. was acquired by SRAX, Inc., a financial technology company that unlocks data and insights for publicly traded companies. Through its

premier investor intelligence and communications platform,

Sequire

, companies can track their investors' behaviors and trends and use those insights to

engage current and potential investors across marketing channels. For more information on SRAX, visit

srax.com

and

mysequire.com

.

Cautionary Note Regarding Forward-Looking Statements:

This news release contains certain "Forward-Looking Information" and "Forward-Looking

Statements" within the meaning of applicable

United States

and Canadian securities legislation, which may include, but are not limited to, statements with

respect to

any expectations regarding: uranium production, uranium and vanadium inventories and progress on rare earth elements

.

Generally, these forward-

looking statements can be identified by the use of forward-looking terminology such as "plans," "expects," "does not expect," "is expected," "is likely,"

"budgets," "scheduled," "estimates," "forecasts," "intends," "anticipates," "does not anticipate," or "believes," or variations of such words and phrases, or state

that certain actions, events or results "may," "could," "would," "might" or "will be taken," "occur," "be achieved" or "have the potential to." All statements herein,

other than statements of historical fact, are considered to be forward-looking statements. Forward-looking statements involve known and unknown risks,

uncertainties and other factors which may cause the actual results, performance of or achievements of the Company to be materially different from any future

results, performance, or achievements, express or implied, by the forward-looking statements. Factors that could cause actual results to differ materially from

those anticipated in these forward-looking statements include risks associated with:

any expectations regarding uranium production, uranium and vanadium

inventories and progress on rare earth elements;

and the other factors described under the caption "Risk Factors" in the Company's most recently filed Annual

Report on Form 10-K, which is available for review on EDGAR at

www.sec.gov/edgar.shtml

, on SEDAR at

www.sedar.com

, and on the Company's website at

www.energyfuels.com

. Forward-looking statements contained herein are made as of the date of this news release, and the Company disclaims, other than as

required by law, any obligation to update any forward-looking statements whether as a result of new information, results, future events, circumstances, or as a

result of changes in management's estimates or opinions, or otherwise. There can be no assurance that forward-looking statements will prove to be accurate,

as actual results and future events could differ materially from those anticipated in such statements. Accordingly, the reader is cautioned not to place undue

reliance on forward-looking statements. The Company assumes no obligation to update the information in this communication, except as otherwise required by

law.

View original content to download multimedia:

http://www.prnewswire.com/news-releases/energy-fuels-to-present-at-the-13th-annual-ld-micro-main-event-investor-conference-on-monday-december-14-update-on-uranium-and-rare-earths-301190799.html

SOURCE

Energy Fuels Inc.

View original content to download multimedia:

http://www.newswire.ca/en/releases/archive/December2020/10/c0815.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 16:00e 10-DEC-20