Date closed: 6/18/2015

Value: see below

On June 18, 2015, Energy Fuels Inc. (Energy Fuels) completed the acquisition of Uranerz Energy Corporation (Uranerz). On closing, each Uranerz shareholder received 0.255 Energy Fuels common shares for each share of Uranerz common stock held.  In addition, all outstanding options and warrants to acquire Uranerz shares now entitle the holder thereof to acquire 0.255 common shares of Energy Fuels on exercise thereof at an exercise price equal to the exercise price of such option or warrant divided by 0.255.

Energy Fuels, headquartered in Lakewood, Colorado, is an integrated US-based uranium mining company.

Uranerz, formerly headquartered in Vancouver, British Columbia, is a US-based uranium mining company.

BLG represented Energy Fuels with a team led by Mark Wheeler that included Jason Saltzman, Linda Tu and Daniel Lang.