Energy Fuels to List Common Stock on NYSEMKT
03 Dicembre 2013 - 12:11AM
Marketwired
Energy Fuels to List Common Stock on NYSEMKT
TORONTO, ONTARIO and LAKEWOOD, COLORADO--(Marketwired - Dec 2,
2013) - Energy Fuels Inc. (TSX:EFR)(OTCQX:EFRFD)(NYSEMKT:UUUU)
("Energy Fuels" or the "Company") is pleased to announce that its
common stock has been approved for listing on the NYSEMKT stock
exchange. Trading is expected to commence on the NYSEMKT 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 NYSEMKT 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 NYSEMKT
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 NYSEMKT 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 NYSEMKT 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 NYSEMKT 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 NYSEMKT, 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.
Energy Fuels Inc.Curtis H. MooreInvestor Relations(303) 974-2140
or Toll free:
1-888-864-2125investorinfo@energyfuels.comwww.energyfuels.com
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