Energy Fuels to List Common Stock on NYSE MKT

Energy Fuels Inc. (TSX:EFR)(OTCQX:EFRFD)(NYSE MKT:UUUU) ("Energy Fuels" or the
"Company") is pleased to announce that its common stock has been approved for
listing on the NYSE MKT stock exchange. Trading is expected to commence on the
NYSE MKT at the opening of the market on Wednesday, December 4, 2013, under the
ticker symbol "UUUU". Energy Fuels' common shares will continue to trade on the
OTCQX until the close of the market on Tuesday, December 3, 2013.


"As the leading conventional uranium producer in the United States, currently
accounting for over 25% of all domestic uranium production, we view our new NYSE
MKT listing as an important step toward increasing the visibility of Energy
Fuels in the United States, gaining access to a larger pool of institutional and
retail investors, and improving the overall trading liquidity of our common
shares," stated Stephen P. Antony, President and CEO of Energy Fuels. "The
United States is the world's largest nuclear energy market, yet it is heavily
dependent on imported uranium to fuel its nuclear reactors. I believe our new
listing on the NYSE MKT will highlight Energy Fuels' position as a strategic
domestic supplier of uranium that also offers an unmatched organic production
growth potential, as market conditions warrant over time. For these reasons, I
am optimistic that Energy Fuels will be viewed as an attractive option for
investors who want exposure to the expected worldwide growth in nuclear energy
and the higher uranium prices which are expected to result."


The NYSE MKT is a leading capital market for the listing and trading of small
growth companies.


"As we continue to grow our NYSE's community of growth-oriented companies, we
are excited to welcome Energy Fuels," said Scott Cutler, Executive Vice
President, Head of Global Listings, NYSE Euronext. "The NYSE MKT fully
integrated trading platform, which combines leading technology with the human
participation of designated market makers, is a great fit to support the
company's ongoing maturation." 


About Energy Fuels

Energy Fuels is currently America's largest conventional uranium producer,
supplying approximately 25% of the uranium produced in the United States. Energy
Fuels operates the White Mesa Mill, which is the only conventional uranium mill
currently operating in the U.S. The mill is capable of processing 2,000 tons per
day of uranium ore and has a licensed capacity of over 8 million lbs. of U3O8
per year. Energy Fuels has projects located throughout the Western U.S.,
including producing mines and mineral properties in various stages of permitting
and development. The Company's common shares are listed on the Toronto Stock
Exchange under the trading symbol "EFR", are quoted on the OTCQX under the
trading symbol "EFRFD" and will be listed on the NYSE MKT under the trading
symbol "UUUU" effective December 4, 2013.


CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS

This news release contains certain "Forward Looking Information" and "Forward
Looking Statements" within the meaning of applicable Canadian and United States
securities legislation, which may include, but is not limited to, statements
with respect to the future financial or operating performance of the Company and
its projects, the increased visibility of the Company's shares to a broader
range of investors, the expected listing date of the common shares on the NYSE
MKT, the increased potential trading liquidity and the price of uranium.
Generally, these forward-looking statements can be identified by the use of
forward-looking terminology such as "views", "expects" "does not expect", "is
expected", "estimates", "anticipates", "does not anticipate", or "believes", or
variations of such words and phrases, or state that certain actions, events or
results "may", "could", or "will be taken", "be achieved" or "have the potential
to". All statements, other than statements of historical fact, herein 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 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 are described under the caption "Risk Factors" in the Company's
Annual Information Form dated December 20, 2012, which is available for review
on the System for Electronic Document Analysis and Retrieval at www.sedar.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 if management's estimates or opinions
should change, 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. 


FOR FURTHER INFORMATION PLEASE CONTACT: 
Energy Fuels Inc.
Curtis H. Moore
Investor Relations
(303) 974-2140 or Toll free: 1-888-864-2125
investorinfo@energyfuels.com
www.energyfuels.com
Energy Fuels (TSX:EFR)
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