Colorado Department of Public Health and Environment Files Motion to Dismiss Sheep Mountain Alliance Lawsuit Challenging License
24 Febbraio 2011 - 1:30PM
Marketwired
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, and Energy Fuels' Colorado
subsidiary, Energy Fuels Resources Corp. as an Indispensible Party.
Late yesterday, CDPHE filed a comprehensive Motion to Dismiss
Sheep Mountain Alliance's lawsuit (Sheep Mountain Alliance vs.
CDPHE) challenging 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 to Dismiss,
CDPHE argues that Sheep Mountain's complaint fails to state any
claim over which the Denver District Court has jurisdiction to
grant relief. Moreover, CDPHE argues that Sheep Mountain lacks
standing to sue the State regarding this license decision because
SMA has failed to show an injury in fact to any interest protected
by law.
Steve Antony, President and CEO of Energy Fuels stated, "We are
pleased to see the confirmation by the legal team at CDPHE that,
like Energy Fuels, they believe that this claim by the Sheep
Mountain Alliance has no legal basis."
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.
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)
974-2140 or Toll free: 1-888-864-2125 investorinfo@energyfuels.com
www.energyfuels.com
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