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Energy Fuels is an Ontario Corporation trading on the Toronto Stock Exchange (TSX - “EFR”). The principal business activity of the company is development and mining of uranium & vanadium property interests located in the States of Colorado, Utah, and Arizona, and exploration activities to define and acquire additonal recoverable resources. Energy Fuels' wholly-owned US subsidiary, Energy Fuels Resources Corp. conducts these activities. To date, the Company has acquired property interests covering six former operating uranium mines. Since September 30, 2006, Energy Fuels has been aggressively pursuing the refurbishment of two formerly producing uranium/vanadium mines, along with the licensing of its 1000 tpd Pinõn Ridge uranium/vanadium mill, the first facility of its kind to be built in the US in over 25 years.
The Company continues to pursue opportunities to acquire additional property interests and to seek out other opportunities that create strategic value for the Company and its shareholders. Our land position, controlling in excess of 40,000 acres of BLM mineral claims and fee leases in highly prospective uranium provinces, and our proven ability to develop production from several historically producing uranium mines, puts Energy Fuels in a strong position to accomplish the mission set by our management team. With our established team of experienced uranium professionals, our mission is to build a fully integrated uranium and vanadium production company through exploration, development, mining, milling & sales, targeting primarily uranium properties which are immediately economic, on the Colorado plateau and the western United States.
Please Note: Energy Fuels has extended the expiration date of its warrants (issued December 14, 2006), from June 14, 2008, to June 14, 2009. See our May 22, 2008 news release for more information.
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