Energy Fuels Announces Settlement with Telluride and San Miguel County in Pinon Ridge Mill Challenge
11 Outubro 2012 - 3:01PM
Marketwired
Energy Fuels Inc. (TSX:EFR) ("Energy Fuels" or the "Company") is
pleased to announce that the Town of Telluride and San Miguel
County have agreed to a settlement with the Company in the Pinon
Ridge Mill (the "Mill") license challenge. The other parties to the
challenge, including Sheep Mountain Alliance and a private
individual, were not parties to the settlement.
The settlement between Energy Fuels, Telluride and San Miguel
County includes provisions related to transportation, the financial
surety, and protection of area watersheds. Energy Fuels'
obligations under the settlement agreement will not be triggered
until operations begin at the Mill.
Stephen P. Antony, President and CEO of Energy Fuels stated: "We
are extremely happy to have reached an agreement with the Town of
Telluride and San Miguel County. We think this agreement
demonstrates that Energy Fuels is willing to address the reasonable
concerns of stakeholders as we continue to work toward the
reissuance of the license."
Stephen P. Antony, P.E., President & CEO of Energy Fuels, is
a Qualified Person as defined by National Instrument 43-101 and has
reviewed and approved the technical disclosure contained in this
document.
About Energy Fuels: Energy Fuels is America's largest
conventional uranium and vanadium producer, supplying nearly a
third of the uranium produced in the U.S. The company operates the
White Mesa Mill, which is the only conventional uranium mill
currently operating in the U.S., capable of processing 2,000 tons
per day of uranium ore. Energy Fuels has projects located
throughout the Western U.S., including producing mines and mineral
properties in various stages of permitting and development.
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. Curtis Moore Investor Relations
(303) 974-2140 or Toll free:
1-888-864-2125investorinfo@energyfuels.com www.energyfuels.com
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