DENVER, CO, May 30, 2018 /CNW/ - Energy Fuels Inc.
(NYSE American: UUUU; TSX: EFR) ("Energy Fuels" or the
"Company"), a leading uranium producer in the
U.S., announces the results of the election of directors and
other matters at its annual meeting of shareholders (the
"Meeting") held on May 30,
2018 in Lakewood,
Colorado.
Meeting Results
The eight (8) nominees proposed by management for election as
directors were elected by the shareholders of the Company by way of
ballot as follows:
Nominee
|
Votes For
|
% For
|
Votes Withheld
|
% Withheld
|
J. Birks
Bovaird
|
23,419,100
|
98.49%
|
358,932
|
1.51%
|
Paul A.
Carroll
|
14,043,817
|
59.06%
|
9,734,215
|
40.94%
|
Mark S.
Chalmers
|
23,465,290
|
98.68%
|
312,742
|
1.32%
|
Benjamin Eshleman
III
|
23,087,199
|
97.09%
|
690,833
|
2.91%
|
Barbara A.
Filas
|
23,437,069
|
98.57%
|
340,963
|
1.43%
|
Bruce D.
Hansen
|
13,779,060
|
57.95%
|
9,998,972
|
42.05%
|
Dennis L.
Higgs
|
23,499,800
|
98.83%
|
278,232
|
1.17%
|
Robert W.
Kirkwood
|
23,164,847
|
97.42%
|
613,185
|
2.58%
|
At the Meeting, the shareholders also voted to approve the
following three (3) ordinary resolutions by way of ballot:
Ordinary Resolution
|
Votes For
|
% For
|
Votes Against
|
% Against
|
Approval of
Amendment
and Extension of
Shareholder Rights Plan
for a
three-year term
|
22,975,787
|
96.63%
|
802,245
|
3.37%
|
Approval of 2018
Omnibus Equity
Incentive Plan
for a
further three-year term
|
13,120,384
|
55.18%
|
10,657,648
|
44.82%
|
Approval of
Consulting
Arrangement and share
issuances thereunder
|
22,937,747
|
96.47%
|
840,285
|
3.53%
|
At the Meeting, on a show of hands, the shareholders also voted
to approve the appointment of KPMG LLP as the auditors of the
Company. Details of each of these matters are set out in the
Management Information Circular of the Company dated April 9, 2018. A report of voting results
for each resolution presented at the Meeting prepared in accordance
with National Instrument 51-102 has been filed under the Company's
profile on SEDAR at www.sedar.com.
About Energy Fuels: Energy
Fuels is a leading integrated U.S. uranium mining company,
supplying U3O8 to major nuclear utilities.
Its corporate offices are in Denver,
Colorado, and all of its assets and employees are in the
western United States. Energy
Fuels holds three of America's key uranium production centers, the
White Mesa Mill in Utah, the
Nichols Ranch Processing Facility in Wyoming, and the Alta Mesa Project in
Texas. The White Mesa Mill is the
only conventional uranium mill operating in the U.S. today and has
a licensed capacity of over 8 million pounds of
U3O8 per year. The Nichols Ranch Processing
Facility is an in-situ recovery production center with a licensed
capacity of 2 million pounds of U3O8 per
year. Alta Mesa is an in-situ
recovery production center with a licensed capacity of 1.5 million
pounds of U3O8 per year, which is currently
on care and maintenance due to low uranium prices. Energy Fuels
also has the largest uranium resource portfolio in the U.S. among
producers, and uranium mining projects located in a number of
Western U.S. states, including one producing in-situ recovery
project, mines on standby, and mineral properties in various stages
of permitting and development. Energy Fuels also produces vanadium
as a by-product of its uranium production from certain of its mines
on the Colorado Plateau, as market conditions warrant. 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.
Cautionary Note Regarding Forward-Looking
Statements: Certain information contained
in this news release, including any information relating to: the
Company being a leading uranium producer in the U.S. and any other
statements regarding Energy Fuels' future expectations, beliefs,
goals or prospects; constitute forward-looking information within
the meaning of applicable securities legislation (collectively,
"forward-looking statements"). All statements in this news release
that are not statements of historical fact (including statements
containing the words "expects", "does not expect", "plans",
"anticipates", "does not anticipate", "believes", "intends",
"estimates", "projects", "potential", "scheduled", "forecast",
"budget" and similar expressions) should be considered
forward-looking statements. All such forward-looking statements are
subject to important risk factors and uncertainties, many of which
are beyond Energy Fuels' ability to control or predict. A number of
important factors could cause actual results or events to differ
materially from those indicated or implied by such forward-looking
statements, including without limitation factors relating to: the
Company being a leading uranium producer in the U.S.; and other
risk factors as described in Energy Fuels' most recent annual
report on Form 10-K and quarterly financial reports. Energy Fuels
assumes no obligation to update the information in this
communication, except as otherwise required by law. Additional
information identifying risks and uncertainties is contained in
Energy Fuels' filings with the various securities commissions which
are available online at www.sec.gov and www.sedar.com.
Forward-looking statements are provided for the purpose of
providing information about the current expectations, beliefs and
plans of the management of Energy Fuels relating to the future.
Readers are cautioned that such statements may not be appropriate
for other purposes. Readers are also cautioned not to place undue
reliance on these forward-looking statements, that speak only as of
the date hereof.
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SOURCE Energy Fuels Inc.