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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Energy Fuels Inc | TSX:EFR | Toronto | Common Stock |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 9.19 | 9.40 | 9.40 | 0 | 12:01:04 |
This special use permit process leads to a land use decision at the county level and is separate from the technical licensing process to actually construct and operate the mill. The mill licensing process is administered by the Colorado Department of Public Health and Environment (CDPHE). Energy Fuels has been gathering data to support the license application since the 4th quarter of 2007. The application for the CDPHE license will be submitted this fall.
Once both the Montrose County Special Use Permit and the CDPHE mill license are obtained, Energy Fuels will have authorization to build and operate the Pinon Ridge uranium mill.
George Glasier, Energy Fuels President and CEO, said after the meeting, "The Energy Fuels Team has been working diligently on this permit for almost a year, and we are very happy with the unanimous decision. After 3 separate public meetings in which a total of 15 hours of public testimony were heard from over 100 individuals, the Planning Commission through its vote, confirmed the site selected by Energy Fuels. This decision clearly supports the site selection process applied by the Company to identify this prime mill site two years ago."
Energy Fuels Inc. is a Toronto-based uranium and vanadium mineral development company actively rehabilitating and developing formerly producing mines. With more than 55,000 acres of highly prospective uranium and vanadium property located in the states of Colorado, Utah, Arizona, Wyoming, Idaho, and New Mexico, and exploration properties in Saskatchewan's Athabasca Basin totaling almost 50,000 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 recently acquired Magnum Uranium subsidiary, has assembled this property portfolio along with a first class management team, including highly skilled technical mining and milling professionals based in Lakewood and Nucla, Colorado and Kanab, Utah.
This news release contains certain "Forward-Looking Statements" within the meaning of Section 21E of the United States Securities Exchange Act of 1934, as amended and "Forward Looking Information" within the meaning of applicable Canadian securities legislation. All statements, other than statements of historical fact, included herein are forward-looking statements and forward looking information that involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate, and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from the Company's expectations are disclosed in the Company's documents filed from time to time with the British Columbia, Alberta and Ontario Securities Commissions.
Contacts: Energy Fuels Inc. Gary Steele Investor Relations (303) 974-2147 or Toll Free: 1-888-864-2125 Email: investorinfo@energyfuels.com Website: www.energyfuels.com
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