Management Team

Mr. Glasier, a lawyer by training, was Vice President of Sales and Marketing for Energy Fuels Corporation ("Energy Fuels"), a private US corporation, which, through its subsidiary Energy Fuels Nuclear, Inc. ("EFN"), produced five million pounds of U308 annually and was the largest uranium producer in the USA. Mr. Glasier traveled extensively with Robert W. Adams, the founder of Western Nuclear and Energy Fuels, to secure uranium contracts with roughly 60 international partners. Mr. Glasier directed the licensing and construction of the White Mesa Mill at Blanding, Utah, now owned by Denison Mines Corp. The mill is the only operating licensed mill on the Colorado plateau and one of only two mills operating in the USA. Former colleagues and senior executives of Mr. Glasier from Energy Fuels are dispersed throughout the uranium industry in senior positions including Gerald W. Grandey who is CEO of Cameco Corp. and Harold R. Roberts who is Vice President of Corporate Development at Denison.

Mr. Antony, is a registered professional engineer in all states in which the company holds properties. He is a graduate of the Colorado School of Mines, and holds an MBA from the University of Denver. Over the last 33 years Mr. Antony has held increasingly senior positions in both the technical and managerial sectors of the mining business, including both base and precious metals, and energy minerals. He first entered the uranium business with Mobil Oil’s Mining and Mineral group in the mid 1980’s, during which time he developed the reclamation plan for Mobil’s El Mesquite ISL operation in south Texas. He joined Energy Fuels Nuclear, Inc. (EFN) in 1986 as the company was growing to become the largest U3O8 producer in the USA peaking at more than 5 million pounds annually. Mr. Antony served as director of Technical Services for the company where he authored many of the feasibility studies which provided justification for EFN’s expansion of their highly successful Breccia Pipe Mine projects in the Arizona Strip. Subsequent to his employment with EFN, Mr. Antony held a brief position with Power Resources, Inc (PRI) as Vice President of Business Development. He then consulted to Cameco Corp. on due diligence prior to their acquisition of PRI, which Cameco undertook as part of their strategy to become a significant Uranium producer in the US.

Mr. Antony is currently responsible for the daily operations of Energy Fuels, including all aspects of uranium property exploration, ore production and mill processing. He works closely with the Board and Mr. Glasier on establishing growth strategy and long term objectives for the company.

Mr. Steele is a registered professional engineer and an engineering graduate of the Colorado School of Mines. He also holds a MSc. in Mineral Economics from Colorado School of Mines. Over a 39 year career Mr. Steele has held a wide range of responsible positions providing a broad technical and commercial view of the mining business. During 20 years in the coal industry, he worked in engineering and operating roles, both underground and surface, and was Director of Utility Marketing for a large Powder River Basin, Wyoming, coal producer, negotiating fuel supply and transportation contracts with major US utilities. He was also designated a member of the corporate M&A due diligence team. This mining experience was followed by 15 years in the investment management business, and the establishment of Steele Capital Advisors, an advisory firm managing investment portfolios for private clients, and specializing in mineral industry opportunities.

Mr. Steele joined Energy Fuels in 2006 and drawing on his complementary mix of experience, he is responsible for investor relations, economic and project evaluation, and utility marketing at Energy Fuels. In November, 2008, he was also appointed as Corporate Secretary for the Company.

Mr. Vigil is a mining industry financial veteran, with significant CFO experience. He was formerly Vice President - Finance for Energy Fuels Nuclear Inc., working on the team with both George Glasier, CEO, and Steve Antony, COO.

From 1996 to 2007, Mr. Vigil served as CFO for Koala Corporation; a public company traded on the NASDAQ exchange, with approximately 350 employees and operating divisions in New York, Florida, Texas, and British Columbia, managing the full range of CFO responsibilities including financial and management reporting, bank and equity financings, tax planning and compliance, treasury, and risk management. He was instrumental in the acquisition of 6 companies by Koala and the divestiture of five operating divisions between 1997 and 2000. Mr. Vigil pursued varied finance and accounting consulting assignments in 2007 and 2008, including assisting Energy Fuels in its early design and installation of accounting systems and software.

Certified professional geologist, over 25 years in the uranium business with Brooks Minerals, Minerals Recovery Corporation and Cotter Corporation; one of the most experienced geologists on the Uravan Mineral Belt.

Over 33 years experience as a uranium exploration and mining geologist; primarily with Energy Fuels Nuclear, Inc.

Mining engineer, with over 25 years experience in the mining and energy industry; experienced in both underground and surface mining, production, maintenance, and broad technical applications.

Registered professional engineer with over 25 years of diversified environmental and mining experience including managerial positions with two mining companies and several consulting firms.

Over 35 years experience in engineering & construction of mining and mineral process facilities worldwide. Uranium EPC experience with Stearns-Roger, Bateman and Kilborn. Metallurgical Engineering graduate of Colorado School of Mines with an MBA from the University of Denver.