Business
Energy Fuels Announces Commitment of Additional Large Shareholders to Serve on Board of Directors
Energy Fuels Announces Commitment of Additional Large Shareholders to Serve on Board of Di...
About this update from Energy Fuels Inc.
[{"type":"text","content":"\n\n\n\nEnergy Fuels Announces Commitment of Additional Large Shareholders to Serve on Board of Directors\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n\n\n\n\n\n\n\nCanada NewsWire\nLAKEWOOD, CO, May 9, 2017\n\n\n\nLAKEWOOD, CO, May 9, 2017 /CNW/ - Energy Fuels Inc. (NYSE MKT: UUUU; TSX: EFR) (\"Energy Fuels\" or the \"Company\"), a leading producer of uranium in the United States, is pleased to announce that two representatives of large shareholders of the Company's stock have expressed an interest in joining the Company's Board of Directors (the \"Board\"). Both persons bring successful track-records of achieving financial profitability, while leading and operating oil, natural gas, and uranium mining enterprises.\n\nAs these two individuals expressed their desire to join the Board after publication of the Company's current Proxy Statement for its upcoming Annual General Meeting to be held on May 17, 2017 (the \"AGM\"), these individuals were not included in the Proxy Statement and, as a result, will not be nominated for election by the shareholders at the AGM. Rather, they will be considered for appointment to the Board following the AGM, pursuant to the Board's power to increase the size of the Board by up to one-third in number between annual meetings of shareholders.  \n\nWe believe these two individuals will bring new perspectives and leadership to the Company as we navigate a promising, yet challenging uranium market. Their interest in serving on the Board also demonstrates continuing support of some of the Company's largest shareholders, as well as the Company's comprehensive focus on, and commitment to, operating for the benefit of shareholders.\n\nMr. Benjamin Eshleman III became a shareholder of Energy Fuels through the Company's acquisition of Mesteña Uranium LLC (now Alta Mesa LLC) in June 2016. Mr. Eshleman, along with the other former owners of Alta Mesa, owns a total of 4.3 million common shares (or approximately 6.1%) of Energy Fuels. Mr. Eshleman brings extensive financial and natural resources experience to Energy Fuels' Board.  In addition to h...