Business
Energy Fuels Issues Letter to Shareholders
LAKEWOOD, CO, March 14, 2019 /CNW/ - Energy Fuels Inc. (NYSE American: UUUU; TSX: EFR) ("Energy Fuels" or the "Company"), a leading producer of uranium and vana
About this update from Energy Fuels Inc.
[{"type":"text","content":" LAKEWOOD, CO, March 14, 2019 /CNW/ - Energy Fuels Inc. (NYSE American: UUUU; TSX: EFR) (\"Energy Fuels\" or the \"Company\"), a leading producer of uranium and vanadium in the United States, is pleased to present the following Letter to Shareholders from President and Chief Executive Officer (\"CEO\") Mark S. Chalmers: Dear Fellow Shareholders: Well, a full year has gone by since my first shareholder letter as President and Chief Executive Officer of Energy Fuels. The past year has been very exciting for the Company, and I believe we achieved a number of significant milestones as we continue to pursue our strategy of building Energy Fuels into a uranium mining and energy company of major global significance. Moreover, on behalf of the Board of Directors and my Management Team, I thank you for your continued support of Energy Fuels. Last year in my letter to shareholders, I introduced a light-hearted phase: \"Energy Fuels might be small, but we're mighty!\" I ended my letter with a goal to report that we would be \"larger and mightier\" in 2019. I am pleased to report to you that I believe the Company has made significant strides in this regard, despite a continued difficult uranium market. In this year's letter, I wish to introduce another light-hearted phrase I routinely use around the office: \"Energy Fuels punches above its weight!\" In addition to thinking big and pursuing great goals, we seek challenges and opportunities that many larger organizations would only hope to achieve. I want all of our shareholders to understand that, working as a team, our competitive spirit drives us to always be the very best we can be, creating shareholder value wherever we can find it, regardless of what challenges come before us. Make no mistake about it, our primary focus remains – and always will be – large-scale, profitable uranium production. All of our activities support this focus. We continue to maintain our industry-leading uranium production capabilities, including licensed and permitted projects that we believe can resume and increase production quicker and on a greater scale than any of our peers in an environment of improving uranium market fundamentals, and hopefully the successful conclusion of our efforts supporting the ongoing Section 232 investigation into uranium imports into the U.S. So let me get started on some of our ...