<SEC-DOCUMENT>0001062993-16-010069.txt : 20160602
<SEC-HEADER>0001062993-16-010069.hdr.sgml : 20160602
<ACCEPTANCE-DATETIME>20160602153657
ACCESSION NUMBER:		0001062993-16-010069
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20160602
ITEM INFORMATION:		Entry into a Material Definitive Agreement
ITEM INFORMATION:		Unregistered Sales of Equity Securities
FILED AS OF DATE:		20160602
DATE AS OF CHANGE:		20160602

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			ENERGY FUELS INC
		CENTRAL INDEX KEY:			0001385849
		STANDARD INDUSTRIAL CLASSIFICATION:	MINING, QUARRYING OF NONMETALLIC MINERALS (NO FUELS) [1400]
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			A6
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		8-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-36204
		FILM NUMBER:		161692365

	BUSINESS ADDRESS:	
		STREET 1:		225 UNION BLVD., SUITE 600
		CITY:			LAKEWOOD
		STATE:			CO
		ZIP:			80228
		BUSINESS PHONE:		303-974-2140

	MAIL ADDRESS:	
		STREET 1:		225 UNION BLVD., SUITE 600
		CITY:			LAKEWOOD
		STATE:			CO
		ZIP:			80228
</SEC-HEADER>
<DOCUMENT>
<TYPE>8-K
<SEQUENCE>1
<FILENAME>form8k.htm
<DESCRIPTION>FORM 8-K
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   <TITLE>Energy Fuels Inc.: Form 8-K - Filed by newsfilecorp.com</TITLE>
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<P align=center><B><FONT size=5>UNITED STATES </FONT></B><BR><B><FONT
size=5>SECURITIES AND EXCHANGE COMMISSION</FONT></B><B> </B><BR><B>Washington,
D.C. 20549 </B></P>
<P align=center><B><FONT size=5>FORM 8-K</FONT></B><B> </B></P>
<P align=center><B>CURRENT REPORT</B><B> </B><BR><B>Pursuant to Section 13 or
15(d) of the Securities Exchange Act of 1934 </B></P>
<P align=center>Date of Report (Date of earliest event reported): <B><U>May 26,
2016 </U></B></P>
<P align=center><B><FONT size=5>ENERGY FUELS INC.</FONT> </B><BR>(Exact name of registrant as specified in its charter) </P>
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  <TR vAlign=top>
    <TD align=center><U><B>Ontario </B></U></TD>
    <TD align=center width="33%"><U><B>001-36204 </B></U></TD>
    <TD align=center width="33%"><U><B>98-1067994 </B></U></TD></TR>
  <TR vAlign=top>
    <TD align=center>(State or other jurisdiction of </TD>
    <TD align=center width="33%">(Commission File Number) </TD>
    <TD align=center width="33%">(I.R.S. Employer </TD></TR>
  <TR vAlign=top>
    <TD align=center>incorporation) </TD>
    <TD align=left width="33%">&nbsp; </TD>
    <TD align=center width="33%">Identification No.) </TD></TR></TABLE><BR>
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    <TD align=center><B>225 Union Blvd., Suite 600 </B></TD>
    <TD align=center width="50%">&nbsp; </TD></TR>
  <TR vAlign=top>
    <TD align=center><U><B>Lakewood, Colorado </B></U></TD>
    <TD align=center width="50%"><U>&nbsp;<B>80228 </B></U></TD></TR>
  <TR vAlign=top>
    <TD align=center>(Address of principal executive offices) </TD>
    <TD align=center width="50%">(Zip Code) </TD></TR></TABLE>
<P align=center><B><U>(303) 974-2140</U></B><BR>(Registrant&#146;s telephone number,
including area code) </P>
<P align=center><B><U>N/A</U></B><BR>(Former name or former address, if changed
since last report) </P>
<P align=justify style="text-indent:5%">Check the appropriate box below if the Form 8-K is intended to
simultaneously satisfy the filing obligation of the registrant under any of the
following provisions: </P>
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    <TD width="5%" >&nbsp;</TD>
    <TD align=left>[&nbsp; ]&nbsp;&nbsp;</TD>
    <TD align=left width="90%">
      <P align=justify>Written communications pursuant to Rule 425 under the
      Securities Act (17 CFR 230.425) </P></TD></TR>
  <TR>
    <TD width="5%" >&nbsp;</TD>
    <TD align=left >&nbsp;</TD>
    <TD align=left width="90%" >&nbsp;</TD></TR>
  <TR vAlign=top>
    <TD width="5%">&nbsp;</TD>
    <TD align=left>[&nbsp; ]&nbsp;&nbsp;</TD>
    <TD align=left width="90%">
      <P align=justify>Soliciting material pursuant to Rule 14a-12 under the
      Exchange Act (17 CFR 240.14a -12) </P></TD></TR>
  <TR>
    <TD width="5%" >&nbsp;</TD>
    <TD align=left >&nbsp;</TD>
    <TD align=left width="90%" >&nbsp;</TD></TR>
  <TR vAlign=top>
    <TD width="5%">&nbsp;</TD>
    <TD align=left>[&nbsp; ] </TD>
    <TD align=left width="90%">
      <P align=justify>Pre-commencement communications pursuant to Rule 14d-2(b)
      under the Exchange Act (17 CFR 240.14d -2(b)) </P></TD></TR>
  <TR>
    <TD width="5%" >&nbsp;</TD>
    <TD align=left >&nbsp;</TD>
    <TD align=left width="90%" >&nbsp;</TD></TR>
  <TR vAlign=top>
    <TD width="5%">&nbsp;</TD>
    <TD align=left>[&nbsp; ] </TD>
    <TD align=left width="90%">
      <P align=justify>Pre-commencement communications pursuant to Rule 13e-4(c)
      under the Exchange Act (17 CFR 240.13e -4(c)) </P></TD></TR></TABLE><BR>
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<P align=justify><B>Item 1.01 Entry into a Material Definitive Agreement
</B></P>
<P align=justify>On May 26, 2016, Energy Fuels Inc. (the &#147;Company&#148;) entered into
a Purchase and Sale Agreement (the &#147;Purchase Agreement&#148;) with Strathmore
Resources (US) Ltd., an indirect subsidiary of the Company (&#147;Strathmore&#148;), SC
Clean Energy, Inc. (&#147;SCC&#148;) and Summit New Energy Holding, LLC (&#147;SNEH&#148;) whereby,
Strathmore would acquire SCC and SNEH&#146;s collective 40% interest in the Roca
Honda Project for: (i) $2.8 million in common shares of the Company based on the
Volume Weighted Average Price of the Company&#146;s common shares on the NYSE MKT for
the 10 trading days ending on the day prior to closing the Purchase Agreement;
and (ii) $4.5 million in cash payable on first commercial production of uranium
from the Roca Honda Project.</P>
<P align=justify>The Purchase Agreement contains customary representations and
warranties by all parties.</P>
<P align=justify>The closing of the transaction was subject to the receipt of
all applicable regulatory and stock exchange approvals and the satisfaction of
certain other conditions to closing. The closing of the transaction occurred on
May 27, 2016 and following closing of the transaction, the Company owns 100% of
the Roca Honda Project.</P>
<P align=justify>The foregoing description of the Purchase Agreement does not
purport to be complete and is qualified in its entirety by reference to the full
text of the Purchase Agreement, which will be filed as an exhibit to the
Company&#146;s Form 10-Q for the quarter ending June 30, 2016. </P>
<P align=justify><B>Item 3.02 Unregistered Sales of Equity Securities</B> </P>
<P align=justify>On May 27, 2016 the Company issued 1,212,173 common shares of
the Company pursuant to the closing of the Purchase Agreement, as more fully
described in Item 1.01 of this Form 8-K which is incorporated by reference into
this Item 3.02. </P>
<P align=justify>The common shares were issued in reliance upon the exemption
from the registration requirements of the United States Securities Act of 1933,
as amended, pursuant to Section 4(a)(2) thereof. <B></B></P>
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<P align=center><B>SIGNATURES </B></P>
<P align=justify>Pursuant to the requirements of the Securities Exchange Act of
1934, the Registrant has duly caused this report to be signed on its behalf by
the undersigned hereunto duly authorized.</P>
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  <TR vAlign=top>
    <TD align=left>&nbsp; </TD>
    <TD align=left width="50%"><B>ENERGY FUELS INC. </B></TD></TR>
  <TR vAlign=top>
    <TD align=left>&nbsp; </TD>
    <TD align=left width="50%">(Registrant) </TD></TR>
  <TR>
    <TD>&nbsp; </TD>
    <TD width="50%">&nbsp; </TD></TR>
  <TR>
    <TD>&nbsp; </TD>
    <TD width="50%">&nbsp; </TD></TR>
  <TR vAlign=top>
    <TD align=left>Dated: June 2, 2016 </TD>
    <TD align=left width="50%">By: <I><U>/s/ David C. Frydenlund
</U></I></TD></TR>
  <TR vAlign=top>
    <TD align=left>&nbsp; </TD>
    <TD align=left width="50%">David C. Frydenlund </TD></TR>
  <TR vAlign=top>
    <TD align=left>&nbsp; </TD>
    <TD align=left width="50%">Senior Vice President, General Counsel and
      Corporate </TD></TR>
  <TR vAlign=top>
    <TD align=left>&nbsp; </TD>
    <TD align=left width="50%">Secretary </TD></TR></TABLE><BR>
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