Energy Fuels completes C$5 million bought deal offering

Date Closed: 10/16/2013

Value: C$5 million

Energy Fuels Inc. closed a bought deal offering of 31,250,000 common shares at a price of $0.16 per Common Share for aggregate gross proceeds of $5,000,000. The Offering was conducted by way of a short form prospectus dated October 9, 2013 through a syndicate of underwriters led by Dundee Securities Ltd., and including Cantor Fitzgerald Canada Corporation, and Haywood Securities Inc. (the Underwriters). The Underwriters were granted an option to purchase up to an additional 15% of the Offering, exercisable in whole or in part at any time up to 30 days after the closing date. In addition, 1,548,125 compensation warrants were issued to the Underwriters pursuant to the Offering.

Energy Fuels Inc. was represented by Mark Wheeler and Krstina​ Skocic of BLG.