UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C.
20549
Form 6-K
REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE
13a-16 or 15d-16 UNDER THE
SECURITIES EXCHANGE ACT OF 1934
For the month of June, 2015.
Commission File Number 001-36204
ENERGY FUELS INC.
(Translation of registrants name into English)
2 Toronto Street, Suite 500
Toronto, Ontario,
Canada
M5C 2B6
(Address of principal executive offices)
Indicate by check mark whether the registrant files or will
file annual reports under cover Form 20-F or Form 40-F
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Form 20-F [ ] |
Form 40-F [X] |
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Indicate by check mark if the registrant is submitting the Form
6-K in paper as permitted by Regulation S-T Rule 101(b)(1):[ ]
Note: Regulation S-T Rule 101(b)(1) only permits the
submission in paper of a Form 6-K if submitted solely to provide an attached
annual report to security holders.
Indicate by check mark if the registrant is submitting the Form
6-K in paper as permitted by Regulation S-T Rule 101(b)(7):[ ]
Note: Regulation S-T Rule 101(b)(7) only permits the
submission in paper of a Form 6-K if submitted to furnish a report or other
document that the registrant foreign private issuer must furnish and make public
under the laws of the jurisdiction in which the registrant is incorporated,
domiciled or legally organized (the registrants home country), or under the
rules of the home country exchange on which the registrants securities are
traded, as long as the report or other document is not a press release, is not
required to be and has not been distributed to the registrants security
holders, and, if discussing a material event, has already been the subject of a
Form 6-K submission or other Commission filing on EDGAR.
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of
1934, the registrant has duly caused this report to be signed on its behalf by
the undersigned, thereunto duly authorized.
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ENERGY FUELS INC. |
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/S/
David C. Frydenlund |
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David C. Frydenlund |
Date: June 22, 2015 |
Senior Vice President, General Counsel &
Corporate |
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Secretary |
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INDEX TO EXHIBITS
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Energy Fuels Set to Join the Russell 3000®
Index
June 22, 2015
Lakewood, Colorado Energy Fuels Inc. (NYSE MKT: UUUU, TSX:
EFR) (Energy Fuels or the Company), one of the leading producers of
uranium in the United States, is pleased to announce that the Company is
set to join the broad-market Russell 3000® Index at the conclusion of
the Russell indexes annual reconstitution on June 26, 2015, according to a
preliminary list of additions posted June 19, 2015, which can be accessed
through the following link:
2015 Russell Reconstitution Website, Including Index
Additions & Deletions
The Russell 3000® Index measures the performance of the largest
three-thousand companies in the U.S. equity market. As a member of the Russell
3000® Index, the Company is also expected to automatically join the the Russell
2000® Index, which measures the performance of the small-cap segment of the U.S.
equity universe. FTSE Russell determines membership for its Russell indexes
primarily by objective, market-capitalization rankings and style attributes. The
Companys membership in the Russell 3000® is expected to remain in place for at
least one year.
Stephen P. Antony, President and CEO of Energy Fuels stated:
As a leading producer of uranium in the United States which is the Worlds
largest producer of nuclear energy and the Worlds largest consumer of uranium
Energy Fuels is delighted to join the Russell indexes. We are constantly
striving to enhance our visibility in the marketplace, and I believe that
inclusion in the Russell 3000® Index is a major achievement in this regard.
Following the Companys acquisition of Uranerz Energy Corporation last week,
Energy Fuels now has two uranium production centers, including ISR uranium
production in Wyoming and conventional uranium production in Utah. The company
operates the only operating conventional uranium mill in the U.S. The Company
also has a portfolio of premium-priced uranium supply contracts with major
nuclear utilities, a number of large uranium projects in permitting and
development, and the largest NI 43-101 uranium resource portfolio in the U.S.
among producers. Through these assets, we believe we are well positioned as a
strategic uranium supplier in the U.S., as we have the potential to
significantly increase production as uranium prices continue to increase,
thereby providing the potential for excellent leverage to improving uranium
markets.
Uranium markets have seen marked improvement over the past
year, with spot prices having increased over 30% since last summer. Nuclear
energy, which provides 24/7 base-load electricity with very low life-cycle air
and carbon emissions, is expected to play a major role in confronting the duel threats of air pollution and climate
change. According to the World Nuclear Association, there are 66 reactors under
construction around the World right now. Energy Fuels is enthusiastic about
playing a major role in supplying the uranium needed to fuel nuclear energy.
Russell indexes are widely used by investment managers and
institutional investors for index funds and as benchmarks for active investment
strategies. Approximately $5.7 trillion in assets are benchmarked to the
Russells U.S. indexes. Russell indexes are part of FTSE Russell, a leading
global index provider.
About Energy Fuels
Energy Fuels is a leading integrated US-based uranium mining
company, supplying U3O8 to major nuclear utilities in the
U.S. and globally. Energy Fuels operates two of Americas key uranium production
centers, the White Mesa Mill in Utah and the Nichols Ranch Processing Facility
in Wyoming. 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 RanchProcessing Facility,
acquired through the Companys June 2015 acquisition of Uranerz Energy
Corporation, is an in situ recovery (ISR) production center with a licensed
capacity of 2 million pounds of U3O8 per year.Energy Fuels
also has the largest NI 43-101 compliant uranium resource portfolio in the U.S.
among producers, and uranium mining projects located in a number of Western U.S.
states, including two producing mines, mines on standby, and mineral properties
in various stages of permitting and development. The Companys common shares are
listed on the NYSE MKT under the trading symbol UUUU, and on the Toronto Stock
Exchange under the trading symbol EFR.
About FTSE Russell:
FTSE Russell is a global index leader that provides innovative
benchmarking, analytics and data solutions for investors worldwide. FTSE Russell
calculates thousands of indexes that measure and benchmark markets and asset
classes in more than 80 countries, covering 98% of the investable market
globally and trading on over 25 exchanges worldwide.
FTSE Russell index expertise and products are used extensively
by institutional and retail investors globally. Leading asset owners, asset
managers, ETF providers and investment banks use FTSE Russell indexes to
benchmark their investment performance and create ETFs, structured products and
index-based derivatives.
A core set of universal principles guides FTSE Russell index
design and management: a transparent rules-based methodology is informed by
independent committees of leading market participants. FTSE Russell is focused
on applying the highest industry standards in index design and governance. FTSE
Russell is also focused on index innovation and client collaboration as it seeks
to enhance the breadth, depth and reach of its offering.
FTSE Russell is wholly owned by London Stock Exchange Group.
For more information, visit www.ftserussell.com.
CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS
Certain information contained in this news release,
including any information relating to the Companys expectation of being
included on any Russell indexes following the June 26, 2015 reconstitution,
emergence as a leading U.S. uranium producer, expectations of future uranium
prices, future production potential, scalability, and leverage to improving
uranium markets, positioning in the U.S. market, information about FTSE Russell
and its indexes, 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: expectation of being
included on any Russell indexes following the June 26, 2015 reconstitution,
emergence as a leading U.S. uranium producer, expectations of future uranium
prices, future production potential, scalability, and leverage to improving
uranium markets, positioning in the U.S. market, information about FTSE Russell
and its indexes; and other risk factors as described in Energy Fuels and
Uranerz Energy Corporations most recent annual information forms and annual 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
and Uranerz Energy Corporations respective 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, which speak only as of the date hereof.
Investor Inquiries:
Energy Fuels Inc.
Curtis Moore
VP Marketing
and Corporate Development
(303) 974-2140 or Toll free: (888) 864-2125
investorinfo@energyfuels.com
www.energyfuels.com
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