Energy Fuels Inc. (TSX:EFR) ("Energy Fuels" or the "Company"), an advanced
uranium and vanadium development company, earlier announced that Sheep Mountain
Alliance based in Telluride, Colorado had filed suit in District Court, City and
County of Denver, Colorado, naming the Colorado Department of Public Health and
Environment (CDPHE) as Defendant.


On February 23, 2011, CDPHE filed a Motion to Dismiss Sheep Mountain Alliance's
lawsuit (Sheep Mountain Alliance vs. CDPHE) which challenged CDPHE's license
approval granted on January 5, to Energy Fuels Resources to construct and
operate the Pinon Ridge uranium mill near Naturita, Colorado. In its Motion,
CDPHE argues that the Denver District Court does not have jurisdiction to grant
Sheep Mountain relief, and that Sheep Mountain lacks standing to sue the State
regarding this license decision.


Yesterday, Energy Fuels filed its own Motion to Dismiss Sheep Mountain
Alliance's lawsuit. Energy Fuels' Motion joins in the arguments presented in
CDPHE's Motion. It also specifically asks the Court to dismiss Sheep Mountain's
First Claim for Relief, which alleges that CDPHE issued Energy Fuels'
radioactive materials license without conducting the necessary administrative
procedures. Energy Fuels' Motion to Dismiss argues that Sheep Mountain's
interpretation of the applicable statutes, as set forth in its First Claim for
Relief, is legally incorrect, and that, as a result, the Court must dismiss that
claim. 


About Energy Fuels: Energy Fuels Inc. is a uranium and vanadium mineral
development company actively rehabilitating and developing formerly producing
mines. With more than 38,000 acres of highly prospective uranium and vanadium
property located in the states of Colorado, Utah, Arizona, Wyoming, and New
Mexico, and exploration properties in Saskatchewan's Athabasca Basin totaling
approximately 32,000 additional acres, the Company has a full pipeline of
additional development prospects. Energy Fuels, through its wholly-owned
Colorado subsidiary, Energy Fuels Resources Corporation and its British Columbia
subsidiary, Magnum Uranium Corp., has assembled this property portfolio along
with a first class management team, including highly skilled technical mining
and milling professionals based in Lakewood and Naturita, Colorado and Kanab,
Utah.


Energy Fuels (TSX:EFR)
Graphique Historique de l'Action
De Juin 2024 à Juil 2024 Plus de graphiques de la Bourse Energy Fuels
Energy Fuels (TSX:EFR)
Graphique Historique de l'Action
De Juil 2023 à Juil 2024 Plus de graphiques de la Bourse Energy Fuels