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EFR.TO ·

Energy Fuels to Present at The LD 500 Conference

Marketing Announcement

Energy Fuels to Present at The LD 500 Conference

LAKEWOOD, CO

,

Aug. 25, 2020

/CNW/ -

Energy Fuels Inc.

(NYSE American: UUUU) (TSX:

EFR)

("Energy Fuels" or the "Company")

, the leading uranium producer in

the United States

, is pleased to

announce that CEO

Mark S. Chalmers

will be presenting at The LD 500 investor conference on

Wednesday,

September 2, 2020

at

4:00 PM (EST)

.

Mr. Chalmers will provide investors with an update on the Company's various critical mineral initiatives,

including uranium production, uranium and vanadium inventories, potential U.S. government action to support

U.S. uranium miners, elimination of debt, and progress on the Company's rare earth element ("REE")

processing program.

Register Here:

https://ld500.ldmicro.com/

Chris Lahiji

, Founder of LD stated: "We have been waiting for this moment all year long. Due to COVID, it

has been nearly impossible for physical conferences to even take place. I want to show the world that you

can still learn, have a great time, and see some of the most unique companies in the capital markets today.

All without having to step foot outside. For the first time, LD Micro is accessible to everyone, and we are

honored to welcome you to one of the most trusted platforms in the space."

The LD 500 will take place on

September 1st

through the 4th.

View Energy Fuels' LD profile here:

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

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

: Back in 2006, LD Micro began 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.

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, potential U.S. government

action to support U.S. uranium miners, the elimination of debt, 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,

potential U.S. government action to support U.S. uranium miners, the elimination of debt, 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-ld-500-conference-301118201.html

SOURCE

Energy Fuels Inc.

View original content to download multimedia:

http://www.newswire.ca/en/releases/archive/August2020/25/c9771.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 16:01e 25-AUG-20