<SEC-DOCUMENT>0001062993-19-001672.txt : 20190412
<SEC-HEADER>0001062993-19-001672.hdr.sgml : 20190412
<ACCEPTANCE-DATETIME>20190412110611
ACCESSION NUMBER:		0001062993-19-001672
CONFORMED SUBMISSION TYPE:	DEF 14A
PUBLIC DOCUMENT COUNT:		10
CONFORMED PERIOD OF REPORT:	20190529
FILED AS OF DATE:		20190412
DATE AS OF CHANGE:		20190412
EFFECTIVENESS DATE:		20190412

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:		DEF 14A
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-36204
		FILM NUMBER:		19745568

	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>DEF 14A
<SEQUENCE>1
<FILENAME>scheddef14a.htm
<DESCRIPTION>SCHEDDEF14A
<TEXT>
<HTML>
<HEAD>
   <TITLE>Energy Fuels Inc. - Schedule DEF 14A - Filed by newsfilecorp.com</TITLE>
</HEAD>
<BODY style="font-size:10pt;">
<HR noshade align="center" width=100% size=3 color="black">
<A name=page_1></A>
<P align=center><B><FONT size=5>UNITED STATES </FONT></B><BR><B><FONT
size=5>SECURITIES AND EXCHANGE COMMISSION </FONT></B><BR>Washington, DC 20549
</P>
<P align=center><B><FONT size=5>SCHEDULE 14A</FONT></B></P>
<P align=center>Proxy Statement Pursuant to Section 14(a) of the Securities
Exchange Act of 1934 <BR>(No. ___) </P>
<P align=center>Filed by the Registrant [X] <BR>Filed by a Party other than the
Registrant [&nbsp; &nbsp;] <BR></P>
<P align=center>Check the appropriate box: </P>
<TABLE
style="BORDER-COLOR: black; FONT-SIZE: 10pt; BORDER-COLLAPSE: collapse; "
cellSpacing=0 cellPadding=0 width="100%" border=0 BCLLIST>

  <TR>
    <TD vAlign=top width="5%">[&nbsp;&nbsp; ] </TD>
    <TD>
      <P align=justify>Preliminary Proxy Statement</P></TD></TR>
  <TR>
    <TD vAlign=top width="5%">[&nbsp; &nbsp;] </TD>
    <TD>
      <P align=justify><B>Confidential, for Use of the Commission Only (as
      permitted by Rule 14a-6(e)(2))</B></P></TD></TR>
  <TR>
    <TD width="5%">[X] </TD>
    <TD>
      <P align=justify>Definitive Proxy Statement</P></TD></TR>
  <TR>
    <TD vAlign=top width="5%">[&nbsp;&nbsp; ] </TD>
    <TD>
      <P align=justify>Definitive Additional Materials</P></TD></TR>
  <TR>
    <TD vAlign=top width="5%">[&nbsp; &nbsp;] </TD>
    <TD>
      <P align=justify>Soliciting Material Pursuant to
  &#167;240.14a-12</P></TD></TR></TABLE>
<P align=center><B><U><FONT size=5>ENERGY FUELS INC.</FONT></U></B><BR>(Name of
Registrant as specified in its charter) </P>
<P align=center><B><U>Not Applicable</U></B><BR>
  (Name of Person(s)
Filing Proxy Statement), if other than Registrant) <BR></P>
<P align=justify>Payment of Filing Fee (Check the appropriate box): </P>
<P align=justify>[X]&nbsp;&nbsp;&nbsp; No fee required. <BR>[&nbsp;&nbsp;
]&nbsp;&nbsp;&nbsp; Fee computed on table below per Exchange Act Rules
14a-6(i)(1) and 0-11. <BR>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
(1)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Title of each class of securities to which
transaction
applies:&nbsp;<BR>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
(2)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Aggregate number of securities to which
transaction
applies:&nbsp;<BR>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
(3)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Per unit price or other underlying value of
transaction computed pursuant to Exchange Act Rule 0-11 (set forth the amount on
which
the&nbsp;<BR>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
filing fee is calculated and state how it was
determined):&nbsp;<BR>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
(4)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Proposed maximum aggregate value of
transaction:&nbsp;<BR>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
(5)&nbsp;&nbsp;&nbsp;&nbsp; &nbsp;Total fee paid: <BR>[&nbsp;
&nbsp;]&nbsp;&nbsp;&nbsp; Fee paid previously with preliminary materials.
<BR>[&nbsp; &nbsp;]&nbsp;&nbsp;&nbsp; Check box if any of the fee is offset as
provided by Exchange Act Rule 0-11(a)(2) and identify the filing for which the
offsetting fee was paid previously. Identify the previous filing by registration
statement number, or the Form or Schedule and the date of its filing. </P>
<TABLE
style="BORDER-COLOR: black; FONT-SIZE: 10pt; BORDER-COLLAPSE: collapse; "
cellSpacing=0 cellPadding=0 width="100%" border=0 BCLLIST>

  <TR>
    <TD width="5%" >&nbsp;</TD>
    <TD vAlign=top width="5%">(1) </TD>
    <TD>
      <P align=justify>Amount Previously Paid:</P></TD></TR>
  <TR>
    <TD width="5%">&nbsp;</TD>
    <TD vAlign=top width="5%">(2) </TD>
    <TD>
      <P align=justify>Form, Schedule or Registration Statement No.:</P></TD></TR>
  <TR>
    <TD width="5%">&nbsp;</TD>
    <TD vAlign=top width="5%">(3) </TD>
    <TD>
      <P align=justify>Filing Party:</P></TD></TR>
  <TR>
    <TD width="5%">&nbsp;</TD>
    <TD vAlign=top width="5%">(4) </TD>
    <TD>
      <P align=justify>Date Filed:</P></TD></TR></TABLE>
<P><BR>
<HR style="PAGE-BREAK-AFTER: always" align=center width="100%" color=black
noShade SIZE=5>
<A name=page_2></A>
<P align=center><IMG
src="eflogo.jpg"
border=0 width="289" height="142"> </P>
<P align=center><B><FONT size=5>ENERGY FUELS INC. </FONT></B></P>
<P align=center>&nbsp;</P>
<P align=center><B><FONT size=4>MANAGEMENT INFORMATION CIRCULAR </FONT></B></P>
<P align=center><B><FONT size=4>April 9, 2019</FONT></B></P>
<P align=center>
<IMG
src="scheddef14ax2x2.jpg"
border=0 width="631" height="425"></P><BR>
<P align=center><B><FONT size=4>NOTICE OF ANNUAL MEETING OF SHAREHOLDERS
</FONT></B></P>
<P align=center><B><FONT size=4>TO BE HELD ON WEDNESDAY MAY 29,
2019</FONT></B></P>
<HR style="PAGE-BREAK-AFTER: always" align=center width="100%" color=black
noShade SIZE=5>
<A name=page_3></A>
<P align=center><B><FONT size=4>LETTER FROM THE INDEPENDENT CHAIR</FONT></B></P>
<TABLE
style="BORDER-COLOR: black; FONT-SIZE: 10pt; BORDER-COLLAPSE: collapse; "
cellSpacing=0 cellPadding=0 width="100%" border=0>

  <TR vAlign=top>
    <TD align=left><B>DEAR FELLOW SHAREHOLDERS, </B><BR><BR>On behalf of
      Energy Fuels&#146; Board of Directors, I am pleased to invite you to the 2019
      annual meeting of shareholders, to be held on May 29, 2019 in Lakewood,
      Colorado in the Denver Metro Area. <BR><BR>Our Management Proxy Circular,
      which you will find starting on page 3, offers useful information
      regarding this year&#146;s items of business, including details on how to
      participate and cast your vote.
    <p>As a leading U.S. uranium miner and producer, we are proud to
serve a company that is at the forefront of one of the cleanest forms of
readily-available energy on the market today. We continue to have a strong
relationship with the Corporation&#146;s seasoned management team, who together have
the knowledge and experience to bring responsible U.S. uranium production to the
world, while simultaneously driving shareholder value. </TD>
    <TD align=right width="50%" >
    <IMG
      src="scheddef14ax3x1.jpg"
      border=0 width="331" height="212"> </TD></TR></TABLE><BR>
<B>STRATEGY</B><P align=justify>Over the years, Energy Fuels has consolidated some of the best
properties in the U.S. uranium mining space, becoming a leader in U.S. uranium
production thanks to thoughtful strategies designed to boost future production
scalability, reduce production costs, and increase resource holdings. Energy
Fuels is a key supplier of U.S.-sourced uranium to major nuclear utilities
worldwide, as well as the only uranium company with both conventional and
<I>in-situ </I>recovery (&#147;<B>ISR</B>&#148;) uranium production in America. But, we&#146;re
so much more. We produce vanadium, we recycle uranium alternate feed materials,
and we demonstrate our commitment to environmental protection every day, through
our extensive environmental monitoring and safety programs. We&#146;re a company that
cares, and it shows in everything we do. </P>
<P align=justify>As a Board, we strive to achieve the highest levels of
accountability and sound corporate governance practices in our management team
by providing key oversight functions. It is our primary responsibility, as
Directors, to foster the long-term success of the Corporation consistent with
our fiduciary duties. As part of such duties, we strive to maximize shareholder
value. This is the foundational pillar to everything we do.</P>
<P align=justify><B>2018 SUCCESSES </B></P>
<P align=justify>We are proud to share with you some of Energy Fuels&#146; key
successes in 2018, which our management team played a fundamental role in
bringing about:</P>
<TABLE
style="BORDER-COLOR: black; FONT-SIZE: 10pt; BORDER-COLLAPSE: collapse; "
cellSpacing=0 cellPadding=0 width="100%" border=0>

  <TR vAlign=top>
    <TD align=left >&#149; </TD>
    <TD align=left width="95%" >
      <P align=justify>Energy Fuels&#146; shares increased in value by 56%, more than
      doubling the annual shareholder return of the next best performer among
      comparable uranium companies; </P></TD></TR>
  <TR vAlign=top>
    <TD align=left >&#149; </TD>
    <TD align=left width="95%" >
      <P align=justify>the Corporation was added to the Russell 3000 Index;
    </P></TD></TR>
  <TR vAlign=top>
    <TD align=left >&#149; </TD>
    <TD align=left width="95%" >
      <P align=justify>the Corporation was able to meet its liquidity and
      working capital performance goals, finishing the year with over $50
      million in working capital; </P></TD></TR>
  <TR vAlign=top>
    <TD align=left >&#149; </TD>
    <TD align=left width="95%" >
      <P align=justify>the Corporation repaid all of its outstanding Wyoming
      debt earlier than term in the amount of approximately $8.3 million,
      thereby eliminating annual principal and interest payments of
      approximately $4.0 million per year over the next 2+ years; </P></TD></TR>
  <TR vAlign=top>
    <TD align=left >&#149; </TD>
    <TD align=left width="95%" >
      <P align=justify>the Corporation completed its transaction with Excalibur
      Industries to extinguish royalties on its Nichols Ranch Property, thereby
      reducing its cost of production per pound, and acquired royalties on
      nearby operating and permitted ISR uranium projects owned by Cameco
      Corporation; </P></TD></TR></TABLE>
<P align=center>i </P>
<HR style="PAGE-BREAK-AFTER: always" align=center width="100%" color=black
noShade SIZE=5>
<A name=page_4></A><BR>
<TABLE
style="BORDER-COLOR: black; FONT-SIZE: 10pt; BORDER-COLLAPSE: collapse; "
cellSpacing=0 cellPadding=0 width="100%" border=0>

  <TR vAlign=top>
    <TD align=left >&#149; </TD>
    <TD align=left width="95%" >
      <P align=justify>Energy Fuels announced it completed the sale of its Reno
      Creek property to Uranium Energy Corp. (&#147;<B>UEC</B>&#148;), which resulted in
      an inflow to the Corporation of $2.94 million in cash and $2.45 million in
      UEC shares. The Corporation subsequently sold the acquired UEC shares for
      a total sales price in excess of the closing price; </P></TD></TR>
  <TR vAlign=top>
    <TD align=left >&#149; </TD>
    <TD align=left width="95%" >
      <P align=justify>the Corporation commenced a vanadium test-mining program
      at its La Sal Mine Complex of uranium and vanadium mines. Initial results
      have been very encouraging and suggest a new paradigm for uranium and
      vanadium mining on the Colorado Plateau; </P></TD></TR>
  <TR vAlign=top>
    <TD align=left >&#149; </TD>
    <TD align=left width="95%" >
      <P align=justify>the Corporation commenced a first in the history of our
      White Mesa Mill, a vanadium pond return campaign that started producing a
      high-purity vanadium product in the first months of 2019; </P></TD></TR>
  <TR vAlign=top>
    <TD align=left >&#149; </TD>
    <TD align=left width="95%" >
      <P align=justify>Energy Fuels and Ur-Energy filed a Petition for Relief
      under Section 232 of the Trade Expansion Act of 1962 from imports of
      uranium products that threaten national security with the U.S. Department
      of Commerce. If successful, the imposition of the relief requested in the
      petition has the potential to completely change the trajectory of the
      future of the Corporation; and </P></TD></TR>
  <TR vAlign=top>
    <TD align=left >&#149; </TD>
    <TD align=left width="95%" >
      <P align=justify>During the course of the year, the Corporation reduced
      the number of its senior executive officers from five to three, thereby
      reducing overhead costs. </P></TD></TR></TABLE>
<P align=justify><B>SOUND GOVERNANCE</B></P>
<P align=justify>Sound corporate governance is key to a corporation&#146;s success,
and we are confident in saying that all aspects of the Board and Management&#146;s
respective duties have been carefully crafted, continually re-evaluated and
adjusted, and allocated and implemented to the best of our ability to ensure we
are dedicated at all times to the corporate governance pillars of:</P>
<TABLE
style="BORDER-COLOR: black; FONT-SIZE: 10pt; BORDER-COLLAPSE: collapse; "
cellSpacing=0 cellPadding=0 width="100%" border=0>

  <TR vAlign=top>
    <TD align=left>&#149; </TD>
    <TD align=left width="95%" >Majority Director Independence;
    </TD></TR>
  <TR vAlign=top>
    <TD align=left>&#149; </TD>
    <TD align=left width="95%" >Strong Board Composition and
      Increased Diversity; </TD></TR>
  <TR vAlign=top>
    <TD align=left>&#149; </TD>
    <TD align=left width="95%" >Ethical Business Conduct; </TD></TR>
  <TR vAlign=top>
    <TD align=left>&#149; </TD>
    <TD align=left width="95%" >Proper Trading Practices; and
  </TD></TR>
  <TR vAlign=top>
    <TD align=left>&#149; </TD>
    <TD align=left width="95%" >Financial, Mining and
      Environmental Sustainability Expertise. </TD></TR></TABLE>
<P align=justify><B>CLEAN ENERGY AND A COMMITMENT TO SAFETY </B></P>
<P align=justify>At Energy Fuels, we not only provide clean and affordable
energy, we do so in an environmentally responsible manner. We are good neighbors
in the communities in which we operate, an accountable partner to shareholders,
and conscientious stewards of the planet. We take the environmental impact of
uranium mining seriously, and we&#146;re committed to minimizing impacts through a
commitment to high standards, meeting or exceeding regulatory requirements,
recycling uranium alternate feed materials, and continuing our efforts to
participate in U.S. Environmental Protection Agency-led programs to clean up
Cold War era abandoned uranium mines. </P>
<P align=justify>At home, we operate our facilities in a manner that puts the
safety of our workers, contractors, communities, environment, and principals of
sustainable development above all else. Whenever issues of safety conflict with
other corporate objectives, safety shall be the first consideration. We work
hard every day to ensure our operations minimize potential impacts to the
environment, including water, air, soil, wildlife, and cultural resources. </P>
<P align=justify>Energy Fuels also works hard to develop relationships with the
local communities in which we operate to address concerns and build support
among our stakeholders. While local communities will realize the benefits of our
operations through jobs, tax revenues, and economic development, they will also
bear some of the burdens associated with such development. Through our culture
of safety, environmental stewardship, and strict adherence to all federal, state
and local laws and regulations, we are constantly working on being good
corporate citizens and valuable members of the communities in which we operate.
</P>
<P align=center>ii </P>
<HR style="PAGE-BREAK-AFTER: always" align=center width="100%" color=black
noShade SIZE=5>
<A name=page_5></A>
<P align=justify>A crucial aspect of the Board of Directors is its Committee on
Environment, Health and Safety (the &#147;<B>EHS Committee</B>&#148;), which oversees the
Corporation&#146;s Environment, Health and Safety Policy, under which the Corporation
is committed to the following principles:</P>
<TABLE
style="BORDER-COLOR: black; FONT-SIZE: 10pt; BORDER-COLLAPSE: collapse; "
cellSpacing=0 cellPadding=0 width="100%" border=0>

  <TR vAlign=top>
    <TD align=left >&#149; </TD>
    <TD align=left width="95%" >
      <P align=justify>building and operating its facilities in compliance with
      and meeting or exceeding all applicable laws and regulations of the
      jurisdictions in which it operates; </P></TD></TR>
  <TR vAlign=top>
    <TD align=left >&#149; </TD>
    <TD align=left width="95%" >
      <P align=justify>adopting and adhering to standards that are protective of
      both human health and the environment at all of its facilities; </P></TD></TR>
  <TR vAlign=top>
    <TD align=left >&#149; </TD>
    <TD align=left width="95%" >
      <P align=justify>considering environmental and social issues which may
      impact its stakeholders, including minority groups, local landholders and
      the communities in which it operates; </P></TD></TR>
  <TR vAlign=top>
    <TD align=left >&#149; </TD>
    <TD align=left width="95%" >
      <P align=justify>encouraging the ongoing development of sound programs of
      sustainability in the communities in which it operates; and </P></TD></TR>
  <TR vAlign=top>
    <TD align=left >&#149; </TD>
    <TD align=left width="95%" >
      <P align=justify>keeping radiation health and safety hazards and
      environmental risks as low as reasonably achievable.
</P></TD></TR></TABLE>
<P align=justify>The Chair of the EHS Committee is Energy Fuels&#146; newest
Director, Ms. Barbara Filas. The Board is extremely pleased to have her in this
key leadership position, where she oversees the Corporation&#146;s commitment to
these principles in all aspects of its operations.</P>
<P align=justify>It is in light of these continued efforts and successes that we
urge you to take the time to participate in this year&#146;s Proxy vote, where your
input as a shareholder is greatly valued. The Board and I thank you for your
continued support of Energy Fuels.</P>
<P align=justify>Sincerely,</P>
<P align=justify><U>/s/ J. Birks Bovaird</U></P>
<P align=justify>J. Birks Bovaird, Chair </P>
<P align=center>iii </P>
<HR style="PAGE-BREAK-AFTER: always" align=center width="100%" color=black
noShade SIZE=5>
<A name=page_6></A>&nbsp;<BR>
<TABLE
style="BORDER-COLOR: black; FONT-SIZE: 10pt; BORDER-COLLAPSE: collapse; "
cellSpacing=0 cellPadding=0 width="100%" border=0>

  <TR vAlign=bottom>
    <TD align=center >
    <IMG
      src="eflogo.jpg"
      border=0 width="289" height="142"></TD>
    <TD align=center width="50%" >
      <P><B>ENERGY FUELS INC. </B></P>
      <P><B>NOTICE OF ANNUAL MEETING </B></P>
      <P><B>OF SHAREHOLDERS TO BE HELD ON </B></P>
      <P><B>WEDNESDAY, MAY 29, 2019 </B></P></TD>
    <TD align=center width="25%" ></TD></TR></TABLE>
<P align=justify><B>TO THE HOLDERS OF COMMON SHARES: </B></P>
<P align=justify>Notice is hereby given that an annual meeting (the
&#147;<B>Meeting</B>&#148;) of the holders of common shares of <B>Energy Fuels Inc.
</B>(the &#147;<B>Corporation</B>&#148;) will be held at the Corporation&#146;s offices at 225
Union Blvd., Suite 600, Lakewood Colorado, USA, 80228 on Wednesday, May 29, 2019
at 10:00 a.m. (Denver time) for the following purposes: </P>
<TABLE
style="BORDER-COLOR: black; FONT-SIZE: 10pt; BORDER-COLLAPSE: collapse; "
cellSpacing=0 cellPadding=0 width="100%" border=0 BCLLIST>

  <TR>
    <TD vAlign=top width="5%">1. </TD>
    <TD>
      <P align=justify>to elect directors of the Corporation; and</P></TD></TR>
  <TR>
    <TD width="5%">&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR>
    <TD vAlign=top width="5%">2. </TD>
    <TD>
      <P align=justify>to appoint the auditors of the Corporation and to
      authorize the directors to fix the remuneration of the
  auditors.</P></TD></TR></TABLE>
<P align=justify>The accompanying Management Information Circular (the
&#147;<B>Circular</B>&#148;) provides additional information relating to the matters to be
dealt with at the Meeting and forms part of this Notice. </P>
<P align=justify>The Corporation has elected to use the notice-and-access
provisions under National Instrument 54-101 &#150; <I>Communication with Beneficial Owners of Securities of a
Reporting Issuer </I>(the &#147;<B>Notice-and-Access Provisions</B>&#148;) and the
applicable rules of the United States Securities and Exchange Commission (the
&#147;<B>SEC</B>&#148;) for the Meeting. The Notice-and-Access Provisions are a set of
rules developed by the Canadian Securities Administrators that reduce the volume
of materials that must be physically mailed to shareholders by allowing the
Corporation to post the Circular and any additional materials online.
Shareholders will still receive this Notice of Meeting and a form of proxy and
may choose to receive a paper copy of (i) the Circular; (ii) the Corporation&#146;s
Annual Report on Form 10-K, together with any document, or the pertinent pages
of any document, incorporated therein by reference, and/or (iii) the
Corporation&#146;s audited financial statements for the most recently completed
financial year, together with the report of the auditor thereon, and any interim
financial statements of the Corporation subsequent to the financial statements
for the Corporation&#146;s most recently completed financial year. The Corporation
will not use the procedure known as 'stratification' in relation to the use of
Notice-and-Access Provisions. Stratification occurs when a reporting issuer
using the Notice-and-Access Provisions provides a paper copy of the Circular to
some shareholders with this notice package. In relation to the Meeting, all
shareholders will receive the required documentation under the Notice-and-Access
Provisions, which will not include a paper copy of the Circular. </P>
<P align=justify>Please review the Circular carefully and in full prior to
voting, as the Circular has been prepared to help you make an informed decision
on the matters to be acted upon. The Circular is available on the website of the
Corporation&#146;s transfer agent, AST Trust Company (Canada) at <U><FONT
color=#0000ff>www.meetingdocuments.com/astca/EFR</FONT></U>, and under the
Corporation&#146;s SEDAR profile at <U><FONT color=#0000ff>www.sedar.com
</FONT></U>and on EDGAR at <U><FONT color=#0000ff>www.sec.gov. </FONT></U>Any
shareholder who wishes to receive a paper copy of the Circular, should contact
AST Trust Company (Canada) at 1-888-433-6443 or <U><FONT
color=#0000ff>fulfilment@astfinancial.com</FONT></U>. Shareholders may also use
the toll-free number noted above to obtain additional information about the
Notice-and-Access Provisions. </P>
<P align=justify>Shareholders who cannot attend the Meeting in person may vote
by proxy. Instructions on how to complete and return the proxy are provided with
the proxy form and are described in the Circular. To be valid, proxies must be
received by AST Trust Company (Canada) by mail at P. O. Box 721, Agincourt,
Ontario, Canada, M1S 0A1 or by fax to 1-866-781-3111 (toll-free) or 416-368-2502
or by email to <U><FONT color=#0000ff>proxyvote@astfinancial.com</FONT></U>, or
by telephone to 1-888-489-5760, no later than 10:00 a.m. (Toronto time) on May
27, 2019, or if the Meeting is adjourned, no later than 10:00 a.m. (Toronto
time) on the second business day preceding the day to which the Meeting is
adjourned.  </P>
<P align=justify>Dated at Lakewood, Colorado, USA this 9<SUP>th</SUP> day of April
2019. </P>
<TABLE
style="BORDER-COLOR: black; FONT-SIZE: 10pt; BORDER-COLLAPSE: collapse; "
cellSpacing=0 cellPadding=0 width="100%" border=0>

  <TR vAlign=top>
    <TD align=left >&nbsp;</TD>
    <TD align=left width="50%"><B>BY ORDER OF THE BOARD</B> </TD></TR>
  <TR>
    <TD >&nbsp;</TD>
    <TD width="50%">&nbsp; </TD></TR>
  <TR vAlign=top>
    <TD align=left >&nbsp;</TD>
    <TD align=left width="50%"><U>/s/ Mark S. Chalmers</U> </TD></TR>
  <TR vAlign=top>
    <TD align=left >&nbsp;</TD>
    <TD align=left width="50%">President and Chief Executive Officer
  </TD></TR></TABLE>
<P align=center>iv </P>
<HR style="PAGE-BREAK-AFTER: always" align=center width="100%" color=black
noShade SIZE=5>
<A name=page_8></A>
<P align=center><B>MANAGEMENT INFORMATION CIRCULAR OF ENERGY FUELS INC.
</B><BR><B>(the &#147;Circular&#148;) </B><BR></P>
<P align=center><B>TABLE OF CONTENTS </B></P>
<TABLE
style="BORDER-COLOR: black; FONT-SIZE: 10pt; BORDER-COLLAPSE: collapse; "
cellSpacing=0 cellPadding=0 width="100%" border=0>

  <TR vAlign=top>
    <TD align=left bgColor=#eeeeee><A href="#page_10">APPOINTMENT AND
      REVOCATION OF PROXIES </A></TD>
    <TD align=right width="5%" bgColor=#eeeeee ><A
      href="#page_10">3 </A></TD></TR>
  <TR>
    <TD align=left >&nbsp;</TD>
    <TD align=right width="5%" >&nbsp;</TD></TR>
  <TR vAlign=top>
    <TD align=left bgColor=#eeeeee><A href="#page_10">VOTING OF SHARES
      REPRESENTED BY MANAGEMENT PROXIES </A></TD>
    <TD align=right width="5%" bgColor=#eeeeee ><A
      href="#page_10">3 </A></TD></TR>
  <TR>
    <TD align=left >&nbsp;</TD>
    <TD align=right width="5%" >&nbsp;</TD></TR>
  <TR vAlign=top>
    <TD align=left bgColor=#eeeeee><A href="#page_11">VOTING BY NON-REGISTERED
      SHAREHOLDERS </A></TD>
    <TD align=right width="5%" bgColor=#eeeeee ><A
      href="#page_11">4 </A></TD></TR>
  <TR>
    <TD align=left >&nbsp;</TD>
    <TD align=right width="5%" >&nbsp;</TD></TR>
  <TR vAlign=top>
    <TD align=left bgColor=#eeeeee><A href="#page_12">BROKER NON-VOTES</A></TD>
    <TD align=right width="5%"  bgColor=#eeeeee
      >&nbsp;<A href="#page_12">5</A></TD></TR>
  <TR>
    <TD align=left >&nbsp;</TD>
    <TD align=right width="5%"  >&nbsp;</TD></TR>
  <TR vAlign=top>
    <TD align=left bgColor=#eeeeee><A href="#page_12">DISTRIBUTION OF MEETING
      MATERIALS TO NON-OBJECTING BENEFICIAL OWNERS </A></TD>
    <TD align=right width="5%" bgColor=#eeeeee ><A
      href="#page_12">5 </A></TD></TR>
  <TR>
    <TD align=left >&nbsp;</TD>
    <TD align=right width="5%"  >&nbsp;</TD></TR>
  <TR vAlign=top>
    <TD align=left bgColor=#eeeeee><A href="#page_12">VOTING SECURITIES AND
      PRINCIPAL HOLDERS OF VOTING SECURITIES </A></TD>
    <TD align=right width="5%" bgColor=#eeeeee ><A
      href="#page_12">5 </A></TD></TR>
  <TR>
    <TD align=left >&nbsp;</TD>
    <TD align=right width="5%"  >&nbsp;</TD></TR>
  <TR vAlign=top>
    <TD align=left bgColor=#eeeeee><A href="#page_13">PARTICULARS OF MATTERS
      TO BE ACTED UPON AT THE MEETING </A></TD>
    <TD align=right width="5%" bgColor=#eeeeee ><A
      href="#page_13">6 </A></TD></TR>
  <TR>
    <TD align=left >&nbsp;</TD>
    <TD align=right width="5%"  >&nbsp;</TD></TR>
  <TR vAlign=top>
    <TD align=left bgColor=#eeeeee><A href="#page_13">Proposal 1 &#150; Election of
      Directors </A></TD>
    <TD align=right width="5%" bgColor=#eeeeee ><A
      href="#page_13">6 </A></TD></TR>
  <TR>
    <TD align=left >&nbsp;</TD>
    <TD align=right width="5%"  >&nbsp;</TD></TR>
  <TR vAlign=top>
    <TD align=left bgColor=#eeeeee><A href="#page_19">Proposal 2 &#150; Appointment
      of Auditors </A></TD>
    <TD align=right width="5%" bgColor=#eeeeee ><A
      href="#page_19">12 </A></TD></TR>
  <TR>
    <TD align=left >&nbsp;</TD>
    <TD align=right width="5%"  >&nbsp;</TD></TR>
  <TR vAlign=top>
    <TD align=left bgColor=#eeeeee><A href="#page_19">EXECUTIVE OFFICERS
    </A></TD>
    <TD align=right width="5%" bgColor=#eeeeee ><A
      href="#page_19">12 </A></TD></TR>
  <TR>
    <TD align=left >&nbsp;</TD>
    <TD align=right width="5%"  >&nbsp;</TD></TR>
  <TR vAlign=top>
    <TD align=left bgColor=#eeeeee><A href="#page_21">EXECUTIVE COMPENSATION
      </A></TD>
    <TD align=right width="5%" bgColor=#eeeeee ><A
      href="#page_21">14 </A></TD></TR>
  <TR>
    <TD align=left >&nbsp;</TD>
    <TD align=right width="5%"  >&nbsp;</TD></TR>
  <TR vAlign=top>
    <TD align=left bgColor=#eeeeee><A href="#page_21">Compensation Governance
      </A></TD>
    <TD align=right width="5%" bgColor=#eeeeee ><A
      href="#page_21">14 </A></TD></TR>
  <TR>
    <TD align=left >&nbsp;</TD>
    <TD align=right width="5%"  >&nbsp;</TD></TR>
  <TR vAlign=top>
    <TD align=left bgColor=#eeeeee><A href="#page_26">Compensation Committee
      Interlocks and Insider Participation </A></TD>
    <TD align=right width="5%" bgColor=#eeeeee ><A
      href="#page_26">19 </A></TD></TR>
  <TR>
    <TD align=left >&nbsp;</TD>
    <TD align=right width="5%"  >&nbsp;</TD></TR>
  <TR vAlign=top>
    <TD align=left bgColor=#eeeeee><A href="#page_26">Compensation Discussion
      and Analysis </A></TD>
    <TD align=right width="5%" bgColor=#eeeeee ><A
      href="#page_26">19 </A></TD></TR>
  <TR>
    <TD align=left >&nbsp;</TD>
    <TD align=right width="5%"  >&nbsp;</TD></TR>
  <TR vAlign=top>
    <TD align=left bgColor=#eeeeee>&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;<A
      href="#page_26">Objectives of the Compensation Program </A></TD>
    <TD align=right width="5%" bgColor=#eeeeee ><A
      href="#page_26">19 </A></TD></TR>
  <TR>
    <TD align=left >&nbsp;</TD>
    <TD align=right width="5%"  >&nbsp;</TD></TR>
  <TR vAlign=top>
    <TD align=left bgColor=#eeeeee>&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;<A
      href="#page_26">Elements of Compensation </A></TD>
    <TD align=right width="5%" bgColor=#eeeeee ><A
      href="#page_26">19 </A></TD></TR>
  <TR>
    <TD align=left >&nbsp;</TD>
    <TD align=right width="5%"  >&nbsp;</TD></TR>
  <TR vAlign=top>
    <TD align=left bgColor=#eeeeee>&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;<A
      href="#page_27">Determination of Compensation </A></TD>
    <TD align=right width="5%" bgColor=#eeeeee ><A
      href="#page_27">20 </A></TD></TR>
  <TR>
    <TD align=left >&nbsp;</TD>
    <TD align=right width="5%"  >&nbsp;</TD></TR>
  <TR vAlign=top>
    <TD align=left bgColor=#eeeeee>&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;<A
      href="#page_29">Performance Goals </A></TD>
    <TD align=right width="5%" bgColor=#eeeeee ><A
      href="#page_29">22 </A></TD></TR>
  <TR>
    <TD align=left >&nbsp;</TD>
    <TD align=right width="5%"  >&nbsp;</TD></TR>
  <TR vAlign=top>
    <TD align=left bgColor=#eeeeee>&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;<A
      href="#page_37">Performance Graph </A></TD>
    <TD align=right width="5%" bgColor=#eeeeee ><A
      href="#page_37">30 </A></TD></TR>
  <TR>
    <TD align=left >&nbsp;</TD>
    <TD align=right width="5%"  >&nbsp;</TD></TR>
  <TR vAlign=top>
    <TD align=left bgColor=#eeeeee>&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;<A
      href="#page_39">Equity Incentive Awards </A></TD>
    <TD align=right width="5%" bgColor=#eeeeee ><A
      href="#page_39">32 </A></TD></TR>
  <TR>
    <TD align=left >&nbsp;</TD>
    <TD align=right width="5%"  >&nbsp;</TD></TR>
  <TR vAlign=top>
    <TD align=left bgColor=#eeeeee><A href="#page_40">Summary Compensation
      Table </A></TD>
    <TD align=right width="5%" bgColor=#eeeeee ><A
      href="#page_40">33 </A></TD></TR>
  <TR>
    <TD align=left >&nbsp;</TD>
    <TD align=right width="5%"  >&nbsp;</TD></TR>
  <TR vAlign=top>
    <TD align=left bgColor=#eeeeee><A href="#page_41">Incentive Plan Awards
      </A></TD>
    <TD align=right width="5%" bgColor=#eeeeee ><A
      href="#page_41">34 </A></TD></TR>
  <TR>
    <TD align=left >&nbsp;</TD>
    <TD align=right width="5%"  >&nbsp;</TD></TR>
  <TR vAlign=top>
    <TD align=left bgColor=#eeeeee>&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;<A
      href="#page_42">Outstanding Share-Based Awards and Option-Based Awards
    </A></TD>
    <TD align=right width="5%" bgColor=#eeeeee ><A
      href="#page_42">35 </A></TD></TR>
  <TR>
    <TD align=left >&nbsp;</TD>
    <TD align=right width="5%"  >&nbsp;</TD></TR>
  <TR vAlign=top>
    <TD align=left bgColor=#eeeeee>&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;<A
      href="#page_42">Incentive Plan Awards &#150; Value Vested or Earned </A></TD>
    <TD align=right width="5%" bgColor=#eeeeee ><A
      href="#page_42">35 </A></TD></TR>
  <TR>
    <TD align=left >&nbsp;</TD>
    <TD align=right width="5%"  >&nbsp;</TD></TR>
  <TR vAlign=top>
    <TD align=left bgColor=#eeeeee><A href="#page_43">Pension Plan Benefits
      and Deferred Compensation Plans </A></TD>
    <TD align=right width="5%" bgColor=#eeeeee ><A
      href="#page_43">36 </A></TD></TR>
  <TR>
    <TD align=left >&nbsp;</TD>
    <TD align=right width="5%"  >&nbsp;</TD></TR>
  <TR vAlign=top>
    <TD align=left bgColor=#eeeeee><A href="#page_43">Employment Agreements
      and Termination and Change of Control Benefits </A></TD>
    <TD align=right width="5%" bgColor=#eeeeee ><A
      href="#page_43">36 </A></TD></TR>
  <TR>
    <TD align=left >&nbsp;</TD>
    <TD align=right width="5%"  >&nbsp;</TD></TR>
  <TR vAlign=top>
    <TD align=left bgColor=#eeeeee><A href="#page_48">Compensation Committee
      Report </A></TD>
    <TD align=right width="5%" bgColor=#eeeeee ><A
      href="#page_48">41 </A></TD></TR>
  <TR>
    <TD align=left >&nbsp;</TD>
    <TD align=right width="5%"  >&nbsp;</TD></TR>
  <TR vAlign=top>
    <TD align=left bgColor=#eeeeee><A href="#page_49">Director Compensation
      </A></TD>
    <TD align=right width="5%" bgColor=#eeeeee ><A
      href="#page_49">42 </A></TD></TR>
  <TR>
    <TD align=left >&nbsp;</TD>
    <TD align=right width="5%"  >&nbsp;</TD></TR>
  <TR vAlign=top>
    <TD align=left bgColor=#eeeeee>&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;<A
      href="#page_49">Director Compensation Table </A></TD>
    <TD align=right width="5%" bgColor=#eeeeee ><A
      href="#page_49">42 </A></TD></TR>
  <TR>
    <TD align=left >&nbsp;</TD>
    <TD align=right width="5%"  >&nbsp;</TD></TR>
  <TR vAlign=top>
    <TD align=left bgColor=#eeeeee>&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;<A
      href="#page_49">Retainer and Meeting Fees </A></TD>
    <TD align=right width="5%" bgColor=#eeeeee ><A
      href="#page_49">42 </A></TD></TR>
  <TR>
    <TD align=left >&nbsp;</TD>
    <TD align=right width="5%"  >&nbsp;</TD></TR>
  <TR vAlign=top>
    <TD align=left bgColor=#eeeeee><A href="#page_50">Incentive Plan Awards
      </A></TD>
    <TD align=right width="5%" bgColor=#eeeeee ><A
      href="#page_50">43 </A></TD></TR>
  <TR>
    <TD align=left >&nbsp;</TD>
    <TD align=right width="5%"  >&nbsp;</TD></TR>
  <TR vAlign=top>
    <TD align=left bgColor=#eeeeee>&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;<A
      href="#page_50">Outstanding Share-Based Awards and Option-Based Awards as
      at December 31, 2018 </A></TD>
    <TD align=right width="5%" bgColor=#eeeeee ><A
      href="#page_50">43 </A></TD></TR></TABLE><BR>
<HR style="PAGE-BREAK-AFTER: always" align=center width="100%" color=black
noShade SIZE=5>
<A name=page_9></A><BR>
<TABLE
style="BORDER-COLOR: black; FONT-SIZE: 10pt; BORDER-COLLAPSE: collapse; "
cellSpacing=0 cellPadding=0 width="100%" border=0>

  <TR vAlign=top>
    <TD align=left bgColor=#eeeeee>&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;<A
      href="#page_50">Incentive Plan Awards &#150; Value Vested or Earned During the
      12-Month Period Ended December 31, 2018</A></TD>
    <TD align=right width="5%"  bgColor=#eeeeee
      >&nbsp;<A href="#page_50">43</A></TD></TR>
  <TR vAlign=top>
    <TD align=left>&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;<A
      href="#page_51">Share Ownership Requirement </A></TD>
    <TD align=right width="5%" ><A href="#page_51">44 </A></TD></TR>
  <TR>
    <TD align=left  bgColor=#eeeeee>&nbsp;</TD>
    <TD align=right width="5%"  bgColor=#eeeeee
    >&nbsp;</TD></TR>
  <TR vAlign=top>
    <TD align=left><A href="#page_51">Securities Authorized For Issuance under
      Equity Compensation Plans </A></TD>
    <TD align=right width="5%" ><A href="#page_51">44 </A></TD></TR>
  <TR>
    <TD align=left  bgColor=#eeeeee>&nbsp;</TD>
    <TD align=right width="5%"  bgColor=#eeeeee
    >&nbsp;</TD></TR>
  <TR vAlign=top>
    <TD align=left><A href="#page_52">2018 Amended and Restated Omnibus Equity
      Incentive Compensation Plan </A></TD>
    <TD align=right width="5%" ><A href="#page_52">45 </A></TD></TR>
  <TR>
    <TD align=left  bgColor=#eeeeee>&nbsp;</TD>
    <TD align=right width="5%"  bgColor=#eeeeee
    >&nbsp;</TD></TR>
  <TR vAlign=top>
    <TD align=left>&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;<A
      href="#page_52">Summary of Equity Incentive Plan </A></TD>
    <TD align=right width="5%" ><A href="#page_52">45 </A></TD></TR>
  <TR vAlign=top>
    <TD align=left bgColor=#eeeeee>&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;<A
      href="#page_55">Amending the Equity Incentive Plan </A></TD>
    <TD align=right width="5%" bgColor=#eeeeee ><A
      href="#page_55">48 </A></TD></TR>
  <TR>
    <TD align=left >&nbsp;</TD>
    <TD align=right width="5%"  >&nbsp;</TD></TR>
  <TR vAlign=top>
    <TD align=left bgColor=#eeeeee><A href="#page_55">Uranerz Replacement
      Options </A></TD>
    <TD align=right width="5%" bgColor=#eeeeee ><A
      href="#page_55">48 </A></TD></TR>
  <TR>
    <TD>&nbsp; </TD>
    <TD width="5%" >&nbsp; </TD></TR>
  <TR vAlign=top>
    <TD align=left bgColor=#eeeeee><A href="#page_55">SECURITY OWNERSHIP OF
      CERTAIN BENEFICIAL OWNERS AND MANAGEMENT AND RELATED STOCKHOLDER MATTERS
      </A></TD>
    <TD align=right width="5%"  bgColor=#eeeeee ><A
      href="#page_55">48 </A></TD></TR>
  <TR>
    <TD align=left >&nbsp;</TD>
    <TD align=right width="5%"  >&nbsp;</TD></TR>
  <TR vAlign=top>
    <TD align=left bgColor=#eeeeee><A href="#page_56">INTEREST OF MANAGEMENT
      &amp; OTHERS IN MATERIAL TRANSACTIONS</A></TD>
    <TD align=right width="5%"  bgColor=#eeeeee ><A
      href="#page_56">49 </A></TD></TR>
  <TR>
    <TD align=left >&nbsp;</TD>
    <TD align=right width="5%"  >&nbsp;</TD></TR>
  <TR vAlign=top>
    <TD align=left bgColor=#eeeeee><A href="#page_58">AUDIT COMMITTEE
      DISCLOSURE </A></TD>
    <TD align=right width="5%" bgColor=#eeeeee ><A
      href="#page_58">51 </A></TD></TR>
  <TR vAlign=top>
    <TD align=left>&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;<A
      href="#page_60">Audit Committee Report </A></TD>
    <TD align=right width="5%" ><A href="#page_60">53 </A></TD></TR>
  <TR>
    <TD align=left  bgColor=#eeeeee>&nbsp;</TD>
    <TD align=right width="5%"  bgColor=#eeeeee
    >&nbsp;</TD></TR>
  <TR vAlign=top>
    <TD align=left><A href="#page_61">CORPORATE GOVERNANCE DISCLOSURE </A></TD>
    <TD align=right width="5%" ><A href="#page_61">54 </A></TD></TR>
  <TR vAlign=top>
    <TD align=left bgColor=#eeeeee>&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;<A
      href="#page_62">Board Mandate </A></TD>
    <TD align=right width="5%" bgColor=#eeeeee ><A
      href="#page_62">55 </A></TD></TR>
  <TR vAlign=top>
    <TD align=left>&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;<A
      href="#page_61">Position Descriptions </A></TD>
    <TD align=right width="5%" ><A href="#page_61">54 </A></TD></TR>
  <TR vAlign=top>
    <TD align=left bgColor=#eeeeee>&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;<A
      href="#page_62">Succession Plan</A></TD>
    <TD align=right width="5%"  bgColor=#eeeeee ><A
      href="#page_62">55</A></TD></TR>
  <TR vAlign=top>
    <TD align=left>&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;<A
      href="#page_64">Orientation and Continuing Education </A></TD>
    <TD align=right width="5%" ><A href="#page_64">57 </A></TD></TR>
  <TR vAlign=top>
    <TD align=left bgColor=#eeeeee>&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;<A
      href="#page_64">Ethical Business Conduct </A></TD>
    <TD align=right width="5%" bgColor=#eeeeee ><A
      href="#page_64">57 </A></TD></TR>
  <TR vAlign=top>
    <TD align=left>&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;<A
      href="#page_64">Nomination of Directors </A></TD>
    <TD align=right width="5%" ><A href="#page_64">57 </A></TD></TR>
  <TR vAlign=top>
    <TD align=left bgColor=#eeeeee>&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;<A
      href="#page_66">Age and Term Limits </A></TD>
    <TD align=right width="5%" bgColor=#eeeeee ><A
      href="#page_66">59 </A></TD></TR>
  <TR vAlign=top>
    <TD align=left>&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;<A
      href="#page_65">Board Diversity </A></TD>
    <TD align=right width="5%" ><A href="#page_65">58 </A></TD></TR>
  <TR vAlign=top>
    <TD align=left bgColor=#eeeeee>&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;<A
      href="#page_67">Majority Voting Policy </A></TD>
    <TD align=right width="5%" bgColor=#eeeeee ><A
      href="#page_67">60 </A></TD></TR>
  <TR vAlign=top>
    <TD align=left>&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;<A
      href="#page_66">Compensation Committee </A></TD>
    <TD align=right width="5%" ><A href="#page_66">59 </A></TD></TR>
  <TR vAlign=top>
    <TD align=left bgColor=#eeeeee>&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;<A
      href="#page_68">Environment, Health and Safety Committee </A></TD>
    <TD align=right width="5%" bgColor=#eeeeee ><A
      href="#page_68">61 </A></TD></TR>
  <TR vAlign=top>
    <TD align=left>&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;<A
      href="#page_67">Assessments </A></TD>
    <TD align=right width="5%" ><A href="#page_67">60
  </A></TD></TR></TABLE><BR>
<HR style="PAGE-BREAK-AFTER: always" align=center width="100%" color=black
noShade SIZE=5>
<A name=page_10></A>
<P align=center><IMG
src="eflogo.jpg"
border=0 width="289" height="142"> </P>
<P align=center><B>MANAGEMENT INFORMATION CIRCULAR </B></P>
<P align=justify>The information contained in this management information
circular (&#147;<B>Circular&#148;</B>) is furnished in connection with the solicitation of
proxies to be used at the annual meeting of shareholders of Energy Fuels Inc.
(the &#147;<B>Corporation</B>&#148;) to be held at the Corporation&#146;s offices at 225 Union
Blvd., Suite 600, Lakewood Colorado, USA, 80228 on Wednesday, May 29, 2019 at
10:00 a.m. (Denver time) (the &#147;<B>Meeting&#148;</B>), and at all adjournments
thereof, for the purposes set forth in the accompanying Notice of Meeting. It is
expected that the solicitation will be made primarily by mail, but proxies may
also be solicited personally by directors, officers or regular employees of the
Corporation. <B>The solicitation of proxies by this Circular is being made
by or on behalf of the management of the Corporation. </B>The total cost of the
solicitation will be borne by the Corporation. </P>
<P align=justify>Except as otherwise indicated, information in this Circular is
given as of April 9, 2019. </P>
<P align=center><B>APPOINTMENT AND REVOCATION OF PROXIES </B></P>
<P align=justify>The persons named in the form of proxy accompanying this
Circular are officers and/or directors of the Corporation. <B>A shareholder of the Corporation has the right to appoint a
person other than the persons specified in such form of proxy and who need not
be a shareholder of the Corporation to attend and act for the shareholder and on
the shareholder&#146;s behalf at the Meeting. </B>Such right may be exercised by
striking out the names of the persons specified in the proxy, inserting the name
of the person to be appointed in the blank space provided in the proxy, signing
the proxy and returning it in the reply envelope in the manner set forth in the
accompanying Notice of Meeting. </P>
<P align=justify>A shareholder of the Corporation who has given a proxy may
revoke it by an instrument in writing, including another completed form of
proxy, executed by the shareholder or the shareholder&#146;s attorney authorized in
writing, deposited at the registered office of the Corporation, or at the
offices of AST Trust Company (Canada) by mail to P.O. Box 721, Agincourt,
Ontario, Canada, M1S 0A1 or by fax to 1-866-781-3111 (toll-free) or 416-368-2502
or by email to <U><FONT color=#0000ff>proxyvote@astfinancial.com</FONT></U>, or
by telephone to 1-888-489-5760, up to 10:00 a.m. (Toronto time) on the second
business day preceding the date of the Meeting, or any adjournment thereof. </P>
<P align=center><B>VOTING OF SHARES REPRESENTED BY MANAGEMENT PROXIES </B></P>
<P align=justify>The persons named in the enclosed form of proxy will vote the
common shares in respect of which they are appointed by proxy on any ballot that
may be called for in accordance with the instructions thereon. If a shareholder
of the Corporation specifies a choice with respect to any matter to be acted
upon, the shares will be voted accordingly. <B>In the absence of such
instructions, such shares will be voted in favour of each of the matters
referred to herein. </B></P>
<P align=justify>The enclosed form of proxy confers discretionary authority upon
the persons named therein with respect to amendments to or variations of matters
identified in the Notice of Meeting and with respect to other matters, if any,
which may properly come before the Meeting. At the date of this Circular, the
management of the Corporation knows of no such amendments, variations, or other
matters to come before the Meeting. However, if any other matters which are not now known to management should properly
come before the Meeting, the proxy will be voted on such matters in accordance
with the best judgement of the named proxy holder. </P>
<P align=center>3 </P>
<HR style="PAGE-BREAK-AFTER: always" align=center width="100%" color=black
noShade SIZE=5>
<A name=page_11></A>
<P align=center><B>VOTING BY NON-REGISTERED SHAREHOLDERS </B></P>
<P align=justify>Only registered shareholders or the persons they appoint as
their proxies are permitted to vote at the Meeting. However, in many cases,
common shares owned by a person (a &#147;<B>non-registered owner</B>&#148;) are registered
either (a) in the name of an intermediary (an &#147;<B>Intermediary</B>&#148;) that the
non-registered owner deals with in respect of the common shares (Intermediaries
include, among others, banks, trust companies, securities dealers or brokers and
trustees or administrators of self-administered registered savings plans,
registered retirement income funds, registered education savings plans and
similar plans); or (b) in the name of a clearing agency (such as The Canadian
Depository for Securities Limited in Canada (&#147;<B>CDS</B>&#148;), or The Depository
Trust Company in the United States) of which the Intermediary is a
participant.</P>
<P align=justify>In accordance with applicable laws, non-registered owners who
have advised their Intermediary that they do not object to the Intermediary
providing their ownership information to issuers whose securities they
beneficially own (<B>&#147;Non-Objecting Beneficial Owners</B>,<B>&#148; </B>or
&#147;<B>NOBOs</B>&#148;) will receive by mail: (i) a voting information form which is not
signed by the Intermediary and which, when properly completed and signed by the
non-registered holder and returned to the Intermediary or its service company,
will constitute voting instructions (often called a &#147;<B>Voting Instruction
Form</B>&#148;); (ii) a letter from the Corporation with respect to the notice and
access procedure; and (iii) the request for financial statements form
(collectively, the &#147;<B>Notice and Access Package</B>&#148;). The Circular and the
Notice of Meeting may be found at and downloaded from <B><U><FONT
color=#0000ff>www.meetingdocuments.com/astca/EFR.</FONT></U></B></P>
<P align=justify>NOBOs who have standing instructions with the Intermediary for
physical copies of the Circular will receive by mail the Notice and Access
Package, the Circular and the Notice of Meeting.</P>
<P align=justify>Intermediaries are required to forward the Notice and Access
Package to non-registered owners who have advised their Intermediary that they
object to the Intermediary providing their ownership information (<B>&#147;Objecting
Beneficial Owners</B>,<B>&#148; </B>or &#147;<B>OBOs</B>&#148;) unless an OBO has waived the
right to receive them. Often, Intermediaries will use service companies to
forward proxy-related materials to OBOs. Generally, OBOs who have not waived the
right to receive proxy-related materials will either: </P>
<TABLE
style="BORDER-COLOR: black; FONT-SIZE: 10pt; BORDER-COLLAPSE: collapse; "
cellSpacing=0 cellPadding=0 width="100%" border=0 BCLLIST>

  <TR>
    <TD vAlign=top width="5%">(a) </TD>
    <TD>
      <P align=justify>be given a form of proxy which has already been signed by
      the Intermediary (typically by a facsimile stamped signature), which is
      restricted as to the number and class of securities beneficially owned by
      the OBO but which is not otherwise completed. Because the Intermediary has
      already signed the form of proxy, this form of proxy is not required to be
      signed by the non-registered owner when submitting the proxy. In this
      case, the OBO who wishes to vote by proxy should otherwise properly
      complete the form of proxy and deliver it as specified; or</P></TD></TR>
  <TR>
    <TD width="5%">&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR>
    <TD vAlign=top width="5%">(b) </TD>
    <TD>
      <P align=justify>be given a Voting Instruction Form which the Intermediary
      must follow. The OBO should properly complete and sign the Voting
      Instruction Form and submit it to the Intermediary or its service company
      in accordance with the instructions of the Intermediary or its service
      company.</P></TD></TR></TABLE>
<P align=justify>In either case, the purpose of this procedure is to permit
non-registered owners to direct the voting of the common shares they
beneficially own. Should a non-registered owner who receives either form of
proxy wish to vote at the Meeting in person if a ballot is called, the
non-registered owner should strike out the persons named in the form of proxy
and insert the non-registered owner&#146;s name in the blank space provided.
Non-registered owners should carefully follow the instructions of their
Intermediary including those regarding when and where the form of proxy or
Voting Instruction Form is to be delivered. </P>
<P align=justify>Management of the Corporation does not intend to pay for
Intermediaries to forward the Notice and Access Package to OBOs. An OBO will not
receive the Notice and Access Package unless the Intermediary assumes the cost
of delivery. </P>
<P align=center>4 </P>
<HR style="PAGE-BREAK-AFTER: always" align=center width="100%" color=black
noShade SIZE=5>
<A name=page_12></A>
<P align=center><B>BROKER NON-VOTES </B></P>
<P align=justify>In the United States, brokers and other intermediaries holding
shares in street name for their customers are generally required to vote the
shares in the manner directed by their customers. If their customers do not give
any direction, brokers may vote the securities at their discretion on routine
matters, but not on non-routine matters. Other than the proposal for the
appointment of KPMG LLP as our auditors for the fiscal year ended December 31,
2019, all of the other matters to be voted on at the Meeting are non-routine
matters and brokers may not vote the securities held in street name for their
customers in relation to these items of business without direction from their
customers.</P>
<P align=justify>The absence of a vote on a non-routine matter is referred to as
a broker non-vote. Any securities represented at the Meeting but not voted
(whether by abstention, broker non-vote or otherwise) will have no impact in the
election of directors or any other matter to be voted on at the Meeting, except
to the extent that the failure to vote for an individual nominee results in
another individual receiving a larger proportion of votes cast for the election
of directors. For purposes of the Corporation&#146;s majority voting policy, a broker
non-vote is not considered to be a vote withheld. </P>
<P align=center><B>DISTRIBUTION OF MEETING MATERIALS TO NON-OBJECTING BENEFICIAL
OWNERS </B></P>
<P align=justify>The Notice and Access Package is being sent to both registered
and non-registered owners of the securities using notice and access pursuant to
applicable laws. Electronic copies of the Circular and the Notice of Meeting may
be found and downloaded from <B><U><FONT
color=#0000ff>www.meetingdocuments.com/astca/EFR</FONT></U></B>. If you are a
NOBO, and the Corporation or its agent has sent the Notice and Access Package
directly to you, your name, address and information about your holdings of
securities have been obtained in accordance with applicable securities
regulatory requirements from the Intermediary holding on your behalf. </P>
<P align=justify>The Corporation (and not the Intermediary holding on your
behalf) has assumed responsibility for (i) delivering the Notice and Access
Package to you, and (ii) executing your proper voting instructions. Please
return your voting instructions as specified in the request for voting
instructions. </P>
<P align=center><B>VOTING SECURITIES AND PRINCIPAL HOLDERS OF VOTING SECURITIES
</B></P>
<P align=justify>The authorized capital of the Corporation consists of an
unlimited number of common shares (&#147;<B>Common Shares</B>&#148;), an unlimited number
of preferred shares issuable in series, and an unlimited number of Series A
preferred shares. On November 5, 2013, the Corporation consolidated the then
outstanding common shares on the basis of one post-consolidation share for every
fifty pre-consolidation shares (the &#147;<B>Consolidation</B>&#148;). All share
information in this Circular for periods prior to Consolidation have been
adjusted to give effect to the Consolidation. No fractional common shares were
issued pursuant to the Consolidation. As of April 9, 2019, the Corporation had
issued and outstanding 93,417,446 Common Shares and no preferred shares.</P>
<P align=justify>The Corporation will make a list of all persons who are
registered holders of Common Shares as of the close of business on April 8, 2019
(the &#147;<B>Record Date</B>&#148;) and the number of Common Shares registered in the
name of each person on that date. Each shareholder as of the Record Date is
entitled to one vote for each Common Share registered in his or her name as it
appears on the list on all matters which come before the Meeting. </P>
<P align=justify>To the knowledge of the directors and senior officers of the
Corporation, as of April 9, 2019, no person beneficially owns or exercises
control or direction over securities carrying more than 10% of the voting rights
attached to any class of outstanding voting securities of the Corporation
entitled to be voted at the Meeting. See &#147;<I>Security Ownership of Certain
Beneficial Owners and Management and Related Stockholder Matters</I>,<I>&#148;
</I>below. </P>
<P align=center>5 </P>
<HR style="PAGE-BREAK-AFTER: always" align=center width="100%" color=black
noShade SIZE=5>
<A name=page_13></A>
<P align=center><B>PARTICULARS OF MATTERS TO BE ACTED UPON AT THE MEETING
</B></P>
<P align=justify><B>Proposal 1 - Election of Directors </B></P>
<P align=justify>The board of directors of the Corporation (the "<B>Board</B>")
may consist of a minimum of three and a maximum of fifteen directors, who are
elected annually. The Board is currently composed of eight directors, and
management is proposing that seven directors be elected at the Meeting. Mr. Paul
A. Carroll will not be standing for re-election at the Meeting. </P>
<P align=justify>The Corporation has adopted an advance notice requirement in
its by-laws for nominations of directors by shareholders. Among other things,
the advance notice requirement fixes a deadline by which shareholders must
submit to the Corporation a notice of director nominations prior to any annual
or special meeting of shareholders at which directors are to be elected and sets
forth the information that a shareholder must include in the notice for it to be
valid. As of the date hereof, the Corporation has not received notice of any
director nominations in connection with the Meeting. As the date to receive
notice for a director nomination has passed, no director nominations may be made
other than those set out in this Circular. </P>
<P align=justify>Shareholders will vote for the election of each individual
director separately. The Corporation has adopted a majority voting policy for
the election of directors whereby, in an uncontested election, any nominee who
receives a greater number of shares withheld from voting than shares voted in
favour of his or her election is expected to tender his or her resignation to
the Board, to take effect upon acceptance by the Board. The Board will, within
90 days of the Meeting, determine whether to accept any such offer to resign and
such resignation will be accepted other than in extraordinary circumstances.</P>
<P align=justify>The following table provides the names of and information for
the nominees for election as directors of the Corporation (the
&#147;<B>Nominees</B>&#148;). <B>The persons named in the enclosed form of proxy intend to
vote for the election of each of the Nominees.</B> Management does not
contemplate that any of the Nominees will be unable to serve as a director. All
directors so elected will hold office until the next annual meeting of
shareholders or until their successors are elected or appointed, unless their
office is vacated earlier in accordance with the by-laws of the Corporation or
the provisions of the <I>Business Corporations Act</I> (Ontario). Unless
otherwise indicated, the address of each director in the table set forth below
is: care of Energy Fuels Inc., 225 Union Blvd., Suite 600, Lakewood, Colorado,
USA 80228. </P>
<P align=center>6 </P>
<HR style="PAGE-BREAK-AFTER: always" align=center width="100%" color=black
noShade SIZE=5>
<A name=page_14></A><BR>
<DIV>
<TABLE
style="BORDER-COLOR: black; FONT-SIZE: 10pt; BORDER-COLLAPSE: collapse; "
borderColor=#000000 cellSpacing=0 cellPadding=3 width="100%" border=1>

  <TR vAlign=top>
    <TD align=center bgcolor="#E6EFFF">Name and Municipality of <BR>
      Residence </TD>
    <TD width="17%" align=center bgcolor="#E6EFFF">Office Held <BR></TD>
    <TD width="10%" align=center bgcolor="#E6EFFF" >Director
      <BR>
      Since<SUP>(1)</SUP> </TD>
    <TD width="45%" align=center bgcolor="#E6EFFF">Principal Occupation, if different than
      Office Held <BR></TD>
    <TD width="10%" align=center bgcolor="#E6EFFF" >Age <BR></TD></TR>
  <TR vAlign=top>
    <TD align=left>J. Birks Bovaird<SUP>(2)(3)</SUP> <BR>Toronto, Ontario,
      Canada </TD>
    <TD align=left width="17%">Chair and Director </TD>
    <TD align=center width="10%" >2006 </TD>
    <TD align=left width="45%">Consultant, providing advisory services to
      natural resource companies </TD>
    <TD align=center width="10%" >71 </TD></TR>
  <TR vAlign=top>
    <TD align=left>Mark S. Chalmers<SUP>(4)</SUP> <BR>Arvada, Colorado, USA
      <BR></TD>
    <TD align=left width="17%">President, Chief Executive Officer and Director
    </TD>
    <TD align=center width="10%" >2018 </TD>
    <TD align=left width="45%">Same </TD>
    <TD align=center width="10%" >61 </TD></TR>
  <TR vAlign=top>
    <TD align=left>Benjamin Eshleman III<SUP>(3)(5)</SUP> <BR>Corpus Christi,
      Texas, USA </TD>
    <TD align=left width="17%">Director </TD>
    <TD align=center width="10%" >2017 </TD>
    <TD align=left width="45%">Self-employed businessman; President and Chief
      Executive Officer of Meste&#241;a, LLC </TD>
    <TD align=center width="10%" >63 </TD></TR>
  <TR vAlign=top>
    <TD align=left>Barbara A. Filas<SUP>(4)</SUP> <BR>Grand Junction,
      Colorado, <BR>USA </TD>
    <TD align=left width="17%">Director </TD>
    <TD align=center width="10%" >2018 </TD>
    <TD align=left width="45%">Professor of Practice, Mining Engineering
      Department, Colorado School of Mines; Partner, Filas Engineering and
      Environmental Services LLC </TD>
    <TD align=center width="10%" >63 </TD></TR>
  <TR vAlign=top>
    <TD align=left>Bruce D. Hansen<SUP>(2)(5)</SUP> <BR>Golden, Colorado, USA
    </TD>
    <TD align=left width="17%">Director </TD>
    <TD align=center width="10%" >2007 </TD>
    <TD align=left width="45%">Chief Executive Officer of General Moly Inc.
</TD>
    <TD align=center width="10%" >61 </TD></TR>
  <TR vAlign=top>
    <TD align=left>Dennis L. Higgs<SUP>(4)</SUP> <BR>Vancouver, British
      <BR>Columbia, Canada </TD>
    <TD align=left width="17%">Director </TD>
    <TD align=center width="10%" >2015 </TD>
    <TD align=left width="45%">Chairman and Director, Nevada Exploration Inc.
    </TD>
    <TD align=center width="10%" >61 </TD></TR>
  <TR vAlign=top>
    <TD align=left>Robert W. Kirkwood<SUP>(3)(5)</SUP> <BR>Casper, Wyoming,
      USA </TD>
    <TD align=left width="17%">Director </TD>
    <TD align=center width="10%" >2017 </TD>
    <TD align=left width="45%">Co-owner and Managing Member, Kirkwood Oil
      &amp; Gas, LLC </TD>
    <TD align=center width="10%" >60 </TD></TR></TABLE></DIV>
<P align=justify>Notes: </P>
<TABLE
style="BORDER-COLOR: black; FONT-SIZE: 10pt; BORDER-COLLAPSE: collapse; "
cellSpacing=0 cellPadding=0 width="100%" border=0 BCLLIST>

  <TR>
    <TD width="5%" >&nbsp;</TD>
    <TD vAlign=top width="5%">(1) </TD>
    <TD>
      <P align=justify>Directors are elected annually and hold office until a
      successor is elected at a subsequent annual meeting of the Corporation,
      unless a director&#146;s office is earlier vacated in accordance with the
      by-laws of the Corporation or the provisions of the <I>Business
      Corporations Act </I>(Ontario).</P></TD></TR>
  <TR>
    <TD width="5%">&nbsp;</TD>
    <TD vAlign=top width="5%">(2) </TD>
    <TD>
      <P align=justify>Member of the Audit Committee.</P></TD></TR>
  <TR>
    <TD width="5%">&nbsp;</TD>
    <TD vAlign=top width="5%">(3) </TD>
    <TD>
      <P align=justify>Member of the Governance and Nominating
  Committee.</P></TD></TR>
  <TR>
    <TD width="5%">&nbsp;</TD>
    <TD vAlign=top width="5%">(4) </TD>
    <TD>
      <P align=justify>Member of the Environment, Health and Safety
      Committee.</P></TD></TR>
  <TR>
    <TD width="5%">&nbsp;</TD>
    <TD vAlign=top width="5%">(5) </TD>
    <TD>
      <P align=justify>Member of the Compensation
Committee.</P></TD></TR></TABLE>
<P align=justify>Information about each Nominee, including present principal
occupation, business or employment and the principal occupations, businesses or
employments within the five preceding years, is set out below. </P>
<P align=center><B><I>J. Birks Bovaird </I></B></P>
<P align=justify>For a majority of his career, Mr. Bovaird&#146;s focus has been the
provision and implementation of corporate financial consulting and strategic
planning services. He was previously the Vice President of Corporate Finance for
one of Canada&#146;s major accounting firms. He is Chairman of GTA Financecorp Inc.,
a reporting issuer in good standing, currently not listed, as well as a member
of the audit and compensation committees. He is an independent director of Noble
Mineral Exploration Inc. where he is a member of the audit committee and chair
of the compensation committee. He also serves as an independent director and
member of the audit committee of Interactive Capital Partners Corporation which
is a reporting issuer whose common shares are not currently trading.
Additionally, he acts as Chairman of the Board of Buccaneer Gold Corp., a
reporting issuer in good standing, not listed. Mr. Bovaird has previously been
involved with numerous public resource companies, both as a member of management
and as a director. He is a graduate of the Canadian Director Education Program
and holds an ICD.D designation. </P>
<P align=center>7 </P>
<HR style="PAGE-BREAK-AFTER: always" align=center width="100%" color=black
noShade SIZE=5>
<A name=page_15></A>
<P align=center><B><I>Mark S. Chalmers </I></B></P>
<P align=justify>Mr. Chalmers is currently the President and Chief Executive
Officer of the Corporation, a position he has held since February 1, 2018. From
July 1, 2017 to January 31, 2018, Mr. Chalmers was President and Chief Operating
Officer of the Corporation and, from July 1, 2016 to July 1, 2017 was Chief
Operating Officer of the Corporation. From 2011 to 2015, Mr. Chalmers served as
Executive General Manager of Production for Paladin Energy Ltd., a uranium
producer with assets in Australia and Africa, including the Langer Heinrich and
Kayelekera mines where, as head of operations, he oversaw sustained, significant
increases in production while reducing operating costs. He also possesses
extensive experience in <I>in situ</I> recovery (&#147;<B>ISR</B>&#148;) uranium
production, including management of the Beverley Uranium Mine owned by General
Atomics (Australia), and the Highland mine owned by Cameco Corporation (USA).
Mr. Chalmers has also consulted to several of the largest players in the uranium
supply sector, including BHP Billiton, Rio Tinto, and Marubeni, and until
recently served as the Chair of the Australian Uranium Council, a position he
held for 10 years. Mr. Chalmers is a registered professional engineer and holds
a Bachelor of Science in Mining Engineering from the University of Arizona.</P>
<P align=center><B><I>Benjamin Eshleman III </I></B></P>
<P align=justify>Mr. Eshleman is currently the President and Chief Executive
Officer of Meste&#241;a, LLC, a privately held energy company headquartered in Corpus
Christi, Texas. As President and Chief Executive Officer, he is responsible for
the oil, gas, and uranium leasing activities under 200,000 mineral acres located
in South Texas. Meste&#241;a built, operated, and mined several million pounds of
uranium through its Alta Mesa plant in the mid-2000s. Mr. Eshleman also sits on
the board of the Texas and Southwestern Cattle Raisers Association, a well-known
business association advocating land owner rights. Mr. Eshleman is a 1979
graduate of Menlo College, with a Bachelor of Science in Business
Administration. </P>
<P align=center><B><I>Barbara A. Filas </I></B></P>
<P align=justify>Ms. Filas currently serves as the Nominations Chair and Chair
of the Board of Governors for the National Mining Hall of Fame and Museum in
Leadville, Colorado and is a part-time Professor of Practice at the Colorado
School of Mines in Golden, Colorado. From 2003 to 2009, Ms. Filas served as the
President and Chief Executive of Knight Pi&#233;sold and Co., a leading global mining
and environmental consulting firm, where she held various roles of increasing
responsibility from 1989 to 2009. From 2011 to 2013, Ms. Filas served as the
President of Geovic Mining Corp., a publicly-traded mining company with an
advanced cobalt, nickel and manganese exploration project in Cameroon, among
other exploration ventures. From 2015 to 2016, she was a director of Moroccan
Minerals Ltd., a private company that explored for copper, gold, and silver
prospects in Morocco and Serbia. Ms. Filas&#146; operational background includes
hands-on experience with operating gold and coal mines and processing
facilities; executive experience in consulting, public companies, and
non-profits; and technical expertise in base and precious metals, coal, uranium
and industrial metals in various engineering and environmental capacities. In
addition, Ms. Filas was the first female President of the Society for Mining,
Metallurgy and Exploration (&#147;<B>SME</B>&#148;), the world&#146;s largest technical mining
organization. She is internationally recognized as a thought-leader on a variety
of topics including mining, waste management, environmental and social
responsibility, leadership, and sustainability, and she has experience in both
developed and developing countries on six continents. Ms. Filas is a graduate of
the University of Arizona, and a Licensed Professional Mining Engineer in
Colorado and Nevada. </P>
<P align=center><B><I>Bruce D. Hansen </I></B></P>
<P align=justify>Mr. Hansen is currently Chief Executive Officer and a director
of General Moly Inc., a position he has held since 2007; in May 2017, Mr. Hansen
additionally assumed the role of Chief Financial Officer of General Moly Inc.
Prior to that, Mr. Hansen was Senior Vice-President, Operations Services and
Development with Newmont Mining Corporation. He worked with Newmont for ten
years holding increasingly senior roles, including Chief Financial Officer from
1999 to 2005. Prior to joining Newmont, Mr. Hansen spent 12 years with Santa Fe
Pacific Gold, where he held increasingly senior management roles including
Senior Vice President of Corporate Development and Vice President Finance and Development. Mr. Hansen is also a
director and serves as the chair of the Audit Committee of ASA Gold and Precious
Metals Ltd. Mr. Hansen holds a Master of Business Administration from the
University of New Mexico and a Bachelor of Science Degree in Mining Engineering
from the Colorado School of Mines. Mr. Hansen&#146;s vast financial expertise
attained through his years of work in such management and executive positions,
and most significantly through his roles as Chief Financial Officer of Newmont
Mining Corporation from 1999 to 2005 and currently of General Moly Inc.,
qualifies him as a financial expert on the Corporation&#146;s Audit Committee.</P>
<P align=center>8 </P>
<HR style="PAGE-BREAK-AFTER: always" align=center width="100%" color=black
noShade SIZE=5>
<A name=page_16></A>
<P align=justify>Mr. Hansen&#146;s contributions to the Board include a highly
specialized knowledge of the mining industry in which the Corporation operates,
a strategic approach to decision-making, and an intimate knowledge of key market
conditions affecting the success of the Corporation. Such contributions come
from over 35 years of experience in various technical, financial, project
development and executive management roles within the mining business. His
current participation on three boards in the mining industry, especially in his
capacity as a financial expert, is not considered by the Corporation to be a
detriment, but rather an asset, as he is involved in corporate financial
decision-making in relation to mining companies on a full-time basis, rendering
his extensive knowledge current and relevant. See &#147;<I>Director Participation on
Other Boards</I>,&#148; below. </P>
<P align=center><B><I>Dennis L. Higgs </I></B></P>
<P align=justify>Mr. Higgs has been involved in the financial and venture
capital markets in Canada, the United States, and Europe for over thirty years.
He founded his first junior exploration company in 1983 and took it public
through an initial public offering in 1984. Since then, Mr. Higgs has been
involved in the founding, financing, initial public listing, and building of
several companies. Mr. Higgs was directly involved with the founding and initial
public offering of Arizona Star Resource Corp. and the listing and financing of
BioSource International Inc., both of which were the subject of take-over bids.
Most recently, Mr. Higgs was one of the founding directors and subsequently
Executive Chairman of Uranerz Energy Corporation before it was acquired by
Energy Fuels. Mr. Higgs was Executive Chairman of the Board of Directors of
Uranerz from February 1, 2006 until June 18, 2015. Mr. Higgs holds a Bachelor of
Commerce degree from the University of British Columbia. </P>
<P align=center><B><I>Robert W. Kirkwood </I></B></P>
<P align=justify>Mr. Kirkwood is a principal of the Kirkwood Companies,
including Kirkwood Oil and Gas LLC, Wesco Operating, Inc., and United Nuclear
LLC. Mr. Kirkwood has been with the Kirkwood Companies for over 35 years and has
been involved in all aspects of oil and gas exploration and operations. From
2000 to date, the Kirkwood Companies have grown from less than 500 barrels of
oil per day and 7 employees to over 3,000 barrels of oil per day and 60
employees with field offices in Ft. Washakie, Wyoming; Baggs, Wyoming; Moab,
Utah; and Ely, Nevada. The Kirkwood Companies have identified, evaluated,
negotiated and closed over $110,000,000 of production acquisitions in the Rocky
Mountain States. Mr. Kirkwood is a 1982 graduate of the University of Wyoming,
with a Bachelor of Science in Petroleum Engineering. </P>
<P align=justify><U>Director Participation on Other Boards</U> </P>
<P align=justify>A number of the Corporation&#146;s Directors and proposed Nominees
sit on boards of directors of other companies. The Corporation considers this to
be a benefit to the Corporation, provided there are no significant conflicts of
interest and the Director or proposed Nominee is able to devote the time and
attention to his or her duties on the Board and any Board committees on which he
or she sits (i.e., is not &#147;overcommitted&#148;), because it provides the Director or
proposed Nominee with a broader spectrum of experiences relating to
industry-related and corporate governance matters. </P>
<P align=justify>Recently, a shareholder advisory firm has classified Mr. Hansen
as &#147;overcommitted,&#148; as he sits on more than two public company boards (the
Board, as well as the boards of General Moly Inc. and ASA Gold and Precious
Metals Ltd.), while serving as an executive officer of a public company
(President, Chief Executive Officer and Chief Financial Officer of General Moly
Inc.). However, after careful evaluation of this matter the Board and management
have concluded that Mr. Hansen has the necessary time and resources to fulfill
his duties as a member of the Board.
</P>
<P align=justify>In fact, Mr. Hansen is a very highly regarded member of the
Board, by all of the other Board members and senior management of the
Corporation.</P>
<P align=center>9 </P>
<HR style="PAGE-BREAK-AFTER: always" align=center width="100%" color=black
noShade SIZE=5>
<A name=page_17></A>
<P align=justify>&nbsp;</P>
<P align=justify>With respect to Mr. Hansen&#146;s other directorships, General Moly
Inc. is a development company with no revenue-generating operations and a
current market cap of $30 million. Because General Moly Inc.&#146;s main office is
located near the Corporation&#146;s own headquarters in Lakewood CO, Mr. Hansen has a
frequent presence at the Corporation&#146;s office. ASA Gold and Precious Metals Ltd.
is based in San Mateo, CA and is a closed-end mutual fund investing in resource
company equities, with a current market cap of $300 million. Each of General
Moly Inc. and ASA Gold and Precious Metals Ltd. are publicly traded companies.
As these companies are not in the uranium mining industry, Mr. Hansen&#146;s
involvement with those companies does not give rise to any significant conflicts
of interest relative to his duties on the Board. Further, during the past three
years, Mr. Hansen has had a perfect attendance record for all meetings of the
Board and the committees of the Corporation for which he is a member and the
other two companies for which he is a director, which demonstrates that he has
the necessary time to devote to his duties as a member of the Board.</P>
<P align=justify>As stated above, Mr. Hansen&#146;s contributions to the Board
include a highly specialized knowledge of the mining industry in which the
Corporation operates, a strategic approach to decision-making, and an intimate
knowledge of key market conditions affecting the success of the Corporation. His
current participation on three boards in the mining industry, especially in his
capacity as a financial expert, is not a detriment to the Board, but rather an
asset, as he is involved in corporate financial decision-making in relation to
mining companies on a full-time basis.</P>
<P align=justify><U>Cease Trade Orders, Bankruptcies and Legal Proceedings</U>
</P>
<P align=justify>We do not currently know of any legal proceedings against us
involving our Nominees, executive officers or shareholders of more than 5% of
our voting shares. Except as set out below, to the knowledge of the Corporation,
no Nominee is, or has been in the last 10 years, (a) a director, chief executive
officer or chief financial officer of a company that (i) while that person was
acting in that capacity, was the subject of a cease trade order or similar order
(including a management cease trade order) or an order that denied the relevant
company access to any exemptions under securities legislation, for a period of
more than 30 consecutive days, or (ii) after that person ceased to act in that
capacity, was the subject of a cease trade or similar order or an order that
denied the issuer access to any exemption under securities legislation, for a
period of more than 30 consecutive days, which resulted from an event that
occurred while that person acted in such capacity, or (b) a director or
executive officer of a company that, while that person was acting in that
capacity, or within a year of that person ceasing to act in that capacity,
became bankrupt, made a proposal under any legislation relating to bankruptcy or
insolvency or was subject to or instituted any proceedings, arrangement or
compromise with creditors or had a receiver, receiver manager or trustee
appointed to hold its assets; or (c) became bankrupt, made a proposal under any
legislation relating to bankruptcy or insolvency, or became subject to or
instituted any proceedings, arrangement or compromise with creditors, or had a
receiver, receiver manager or trustee appointed to hold his or her assets. </P>
<P align=justify>Mr. Bovaird became an independent director of Interactive
Capital Partners Corporation (&#147;<B>ICPC</B>&#148;) on July 3, 2014 when such
corporation was already the subject of a cease trade order issued on May 8, 2012
as a result of its failure to meet timely disclosure filing obligations. Mr.
Bovaird was instrumental in resuscitating ICPC and having the cease trade order
revoked on April 4, 2016.</P>
<P align=justify>No Nominee or officer of the Corporation is a party adverse to
the Corporation or any of its subsidiaries or has a material interest adverse to
the Corporation or any of its subsidiaries. Unless noted above, during the past
ten years, no Nominee or executive officer of the Corporation has: </P>
<TABLE
style="BORDER-COLOR: black; FONT-SIZE: 10pt; BORDER-COLLAPSE: collapse; "
cellSpacing=0 cellPadding=0 width="100%" border=0 BCLLIST>

  <TR>
    <TD vAlign=top width="5%">(a) </TD>
    <TD>
      <P align=justify>filed or has had filed against such person, a petition
      under the U.S. federal bankruptcy laws or any state insolvency law, nor
      has a receiver, fiscal agent or similar officer been appointed by a court
      for the business or property of such person, or any partnership in which
      such person was a general partner, at or within
two years before the time of filing, or any corporation or
      business association of which such person was an executive officer, at or
      within two years before such filings;</P></TD></TR></TABLE>
<P align=center>10 </P>
<HR style="PAGE-BREAK-AFTER: always" align=center width="100%" color=black
noShade SIZE=5>
<A name=page_18></A><BR>
<TABLE
style="BORDER-COLOR: black; FONT-SIZE: 10pt; BORDER-COLLAPSE: collapse; "
cellSpacing=0 cellPadding=0 width="100%" border=0 BCLLIST>

  <TR>
    <TD vAlign=top width="5%">(b) </TD>
    <TD>
      <P align=justify>been convicted or pleaded guilty or <I>nolo contendere
      </I>in a criminal proceeding or is a named subject of a pending criminal
      proceeding (excluding traffic violations and other minor
  offenses);</P></TD></TR>
  <TR>
    <TD width="5%">&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR>
    <TD vAlign=top width="5%">(c) </TD>
    <TD>
      <P align=justify>been the subject of any order, judgment, or decree, not
      subsequently reversed, suspended or vacated, of any court of competent
      jurisdiction, permanently or temporarily enjoining, barring, suspending or
      otherwise limiting such person&#146;s activities in any type of business,
      securities, trading, commodity or banking activities;</P></TD></TR>
  <TR>
    <TD width="5%">&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR>
    <TD vAlign=top width="5%">(d) </TD>
    <TD>
      <P align=justify>been the subject of any order, judgment or decree, not
      subsequently reversed, suspended or vacated, of any U.S. federal or state
      authority barring, suspending or otherwise limiting for more than 60 days
      the right of such person to engage in any type of business, securities,
      trading, commodity or banking activities, or to be associated with persons
      engaged in any such activity;</P></TD></TR>
  <TR>
    <TD width="5%">&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR>
    <TD vAlign=top width="5%">(e) </TD>
    <TD>
      <P align=justify>been found by a court of competent jurisdiction in a
      civil action or by the United States Securities and Exchange Commission
      (the &#147;<B>SEC</B>&#148;), or by the U.S. Commodity Futures Trading Commission to
      have violated a U.S. federal or state securities or commodities law, and
      the judgment has not been reversed, suspended, or vacated;</P></TD></TR>
  <TR>
    <TD width="5%">&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR>
    <TD vAlign=top width="5%">(f) </TD>
    <TD>
      <P align=justify>been the subject of, or a party to, any U.S. federal or
      state judicial or administrative order, judgment, decree, or finding, not
      subsequently reversed, suspended or vacated, relating to an alleged
      violation of: (i) any U.S. federal or state securities or commodities law
      or regulation; or (ii) any law or regulation respecting financial
      institutions or insurance companies including, but not limited to, a
      temporary or permanent injunction, order of disgorgement or restitution,
      civil money penalty or temporary or permanent cease-and-desist order, or
      removal or prohibition order; or (iii) any law or regulation prohibiting
      mail or wire fraud or fraud in connection with any business entity;
    or</P></TD></TR>
  <TR>
    <TD width="5%">&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR>
    <TD vAlign=top width="5%">(g) </TD>
    <TD>
      <P align=justify>been the subject of, or a party to, any sanction or
      order, not subsequently reversed, suspended or vacated, of any
      self-regulatory organization (as defined in Section 3(a)(26) of the United
      States Securities Exchange Act of 1934, as amended (the &#147;<B>Exchange
      Act</B>&#148;) (15 U.S.C.78c(a)(26))), any registered entity (as defined in
      Section 1(a)(29) of the U.S. Commodity Exchange Act (7 U.S.C.1(a)(29))),
      or any equivalent exchange, association, entity or organization that has
      disciplinary authority over its members or persons associated with a
      member.</P></TD></TR></TABLE>
<P align=justify><U>Family and Certain Other Relationships</U></P>
<P align=justify>There are no family relationships among the members of the
Board or the members of senior management of the Corporation. There are no
arrangements or understandings with major shareholders, customers, suppliers or
others, pursuant to which any member of the Board or member of senior management
was selected.</P>
<P align=justify><U>Section 16(a) Beneficial Ownership Reporting
Compliance</U></P>
<P align=justify>Section 16(a) of the Exchange Act requires the Corporation&#146;s
officers and directors and persons who own more than 10% of a registered class
of the Corporation&#146;s equity securities, to file reports of ownership and changes
in ownership on Forms 3, 4 and 5 with the SEC. Officers, directors and such 10%
shareholders are required to furnish the Corporation with copies of all Forms 3,
4 and 5 they file. </P>
<P align=justify>The Corporation believes all transactions required to be
reported pursuant to Section 16(a) were timely reported by the Corporation&#146;s
officers, directors and greater than 10% shareholders, except as set out below:
</P>
<P align=center>11 </P>
<HR style="PAGE-BREAK-AFTER: always" align=center width="100%" color=black
noShade SIZE=5>
<A name=page_19></A><BR>
<DIV>
<TABLE
style="BORDER-COLOR: black; FONT-SIZE: 10pt; BORDER-COLLAPSE: collapse; "
borderColor=#000000 cellSpacing=0 cellPadding=3 width="100%" border=1>

  <TR vAlign=top>
    <TD align=left>J. Birks Bovaird&#133;&#133;&#133;&#133;&#133;&#133;&#133;&#133;&#133;&#133;&#133;&#133;&#133;&#133;&#133; </TD>
    <TD align=left width="50%">2 late filings; 2 late transactions </TD></TR>
  <TR vAlign=top>
    <TD align=left>Paul A. Carroll&#133;..&#133;&#133;&#133;&#133;&#133;&#133;&#133;&#133;&#133;&#133;&#133;&#133;&#133;&#133; </TD>
    <TD align=left width="50%">1 late filing; 1 late transaction </TD></TR>
  <TR vAlign=top>
    <TD align=left>Mark S. Chalmers&#133;&#133;&#133;&#133;&#133;&#133;&#133;&#133;&#133;&#133;&#133;&#133;&#133;&#133; </TD>
    <TD align=left width="50%">1 late filing; 1 late transaction </TD></TR>
  <TR vAlign=top>
    <TD align=left>Benjamin Eshleman III&#133;&#133;&#133;&#133;&#133;&#133;&#133;&#133;&#133;&#133;&#133;&#133; </TD>
    <TD align=left width="50%">1 late filing; 1 late transaction </TD></TR>
  <TR vAlign=top>
    <TD align=left>David C. Frydenlund&#133;&#133;&#133;&#133;&#133;&#133;&#133;&#133;&#133;&#133;&#133;&#133;&#133; </TD>
    <TD align=left width="50%">1 late filing; 1 late transaction </TD></TR>
  <TR vAlign=top>
    <TD align=left>W. Paul Goranson&#133;&#133;&#133;&#133;&#133;&#133;&#133;&#133;&#133;&#133;&#133;&#133;&#133;&#133; </TD>
    <TD align=left width="50%">1 late filing; 1 late transaction </TD></TR>
  <TR vAlign=top>
    <TD align=left>Bruce D. Hansen&#133;&#133;&#133;&#133;&#133;&#133;&#133;&#133;&#133;&#133;&#133;&#133;&#133;&#133;&#133;. </TD>
    <TD align=left width="50%">1 late filing; 1 late transaction </TD></TR>
  <TR vAlign=top>
    <TD align=left>Dennis L. Higgs&#133;&#133;&#133;&#133;&#133;&#133;&#133;&#133;&#133;&#133;&#133;&#133;&#133;&#133;&#133; </TD>
    <TD align=left width="50%">2 late filings; 2 late transactions </TD></TR>
  <TR vAlign=top>
    <TD align=left>Curtis H. Moore&#133;&#133;&#133;&#133;&#133;&#133;&#133;&#133;&#133;&#133;&#133;&#133;&#133;&#133;&#133; </TD>
    <TD align=left width="50%">1 late filing; 1 late transaction
</TD></TR></TABLE></DIV>
<P align=justify><B>Proposal 2 - Appointment of Auditors </B></P>
<P align=justify>The management of the Corporation has proposed the appointment
of KPMG LLP of Denver, Colorado (&#147;<B>KPMG Denver</B>&#148;), as the auditors of the
Corporation to hold office until the close of the next annual meeting of the
Corporation or until a successor is appointed. It is proposed that the
remuneration to be paid to the auditors be fixed by the Board of Directors
through the Audit Committee.</P>
<P align=justify><B>The persons named in the form of proxy accompanying this
Circular intend to vote for the reappointment of KPMG Denver as the auditors of
the Corporation for the ensuing year or until their successors are appointed and
to authorize the directors of the Corporation to fix the remuneration of the
auditors</B>, unless the shareholder has specified in the form of proxy that the
Common Shares represented by such proxy are to be withheld from voting in
respect thereof. The Corporation expects that a representative of KPMG Denver
will be present at the Meeting and will be available to answer questions.</P>
<P align=center><B>EXECUTIVE OFFICERS </B></P>
<P align=justify>As of April 9, 2019, the executive officers of the Corporation,
their ages and their business experience and principal occupation during the
past five years were as follows: </P>
<P align=center>12 </P>
<HR style="PAGE-BREAK-AFTER: always" align=center width="100%" color=black
noShade SIZE=5>
<A name=page_20></A><BR>
<DIV>
<TABLE
style="BORDER-COLOR: black; FONT-SIZE: 10pt; BORDER-COLLAPSE: collapse; "
borderColor=#000000 cellSpacing=0 cellPadding=3 width="100%" border=1>

  <TR vAlign=top>
    <TD align=center bgcolor="#E6EFFF"><B>Name and Municipality of
      Residence</B><B><SUP>(1)(2)</SUP></B> </TD>
    <TD width="38%" align=center bgcolor="#E6EFFF"><B>Office Held</B> </TD>
    <TD width="15%" align=center bgcolor="#E6EFFF" ><B>Officer Since</B> </TD>
    <TD width="10%" align=center bgcolor="#E6EFFF" ><B>Age</B> </TD>
  </TR>
  <TR vAlign=top>
    <TD align=left>Mark S. Chalmers <BR>Colorado, USA </TD>
    <TD align=left width="38%">President and Chief Executive
      Officer<SUP>(3)</SUP> </TD>
    <TD align=center width="15%" >2016 </TD>
    <TD align=center width="10%" >61 </TD></TR>
  <TR vAlign=top>
    <TD align=left>David C. Frydenlund <BR>Colorado, USA </TD>
    <TD align=left width="38%">Chief Financial Officer, General Counsel and
      Corporate Secretary<SUP>(4)</SUP> </TD>
    <TD align=center width="15%" >2012 </TD>
    <TD align=center width="10%" >61 </TD></TR>
  <TR vAlign=top>
    <TD align=left>W. Paul Goranson <BR>Colorado, USA </TD>
    <TD align=left width="38%">Chief Operating Officer<SUP>(5)</SUP> </TD>
    <TD align=center width="15%" >2015 </TD>
    <TD align=center width="10%" >57 </TD></TR>
  <TR vAlign=top>
    <TD align=left>Curtis H. Moore <BR>Colorado, USA </TD>
    <TD align=left width="38%">Vice President, Marketing and Corporate
      Development<SUP>(6)</SUP> </TD>
    <TD align=center width="15%" >2015 </TD>
    <TD align=center width="10%" >49 </TD></TR></TABLE></DIV>
<P align=justify>Notes: </P>
<TABLE
style="BORDER-COLOR: black; FONT-SIZE: 10pt; BORDER-COLLAPSE: collapse; "
cellSpacing=0 cellPadding=0 width="100%" border=0 BCLLIST>

  <TR>
    <TD width="5%"  >&nbsp;</TD>
    <TD vAlign=top width="5%">(1) </TD>
    <TD>
      <P align=justify>Mr. Stephen P. Antony, our former Chief Executive
      Officer, retired effective January 31, 2018.</P></TD></TR>
  <TR>
    <TD width="5%" >&nbsp;</TD>
    <TD vAlign=top width="5%">(2) </TD>
    <TD>
      <P align=justify>Mr. Daniel G. Zang, our former Chief Financial Officer,
      ceased being an executive officer effective March 1, 2018.</P></TD></TR>
  <TR>
    <TD width="5%" >&nbsp;</TD>
    <TD vAlign=top width="5%">(3) </TD>
    <TD>
      <P align=justify>Mr. Mark S. Chalmers was appointed President and Chief
      Executive Officer of the Corporation on February 1, 2018, following the
      retirement of Mr. Stephen P. Antony as Chief Executive Officer of the
      Corporation.</P></TD></TR>
  <TR>
    <TD width="5%" >&nbsp;</TD>
    <TD vAlign=top width="5%">(4) </TD>
    <TD>
      <P align=justify>Mr. David C. Frydenlund became Chief Financial Officer,
      General Counsel and Corporate Secretary of the Corporation on March 2,
      2018. Prior to that date, Mr. Frydenlund was Senior Vice President,
      General Counsel and Corporate Secretary of the Corporation.</P></TD></TR>
  <TR>
    <TD width="5%" >&nbsp;</TD>
    <TD vAlign=top width="5%">(5) </TD>
    <TD>
      <P align=justify>Mr. W. Paul Goranson became Chief Operating Officer of
      the Corporation on February 14, 2018. Prior to that date, Mr. Goranson was
      Executive Vice President, Operations since February 1, 2017 and prior
      thereto was Executive Vice President, ISR Operations.</P></TD></TR>
  <TR>
    <TD width="5%" >&nbsp;</TD>
    <TD vAlign=top width="5%">(6) </TD>
    <TD>
      <P align=justify>Mr. Curtis H. Moore became Vice President, Marketing and
      Corporate Development on June 18, 2015. Prior to that date, Mr. Moore was
      Director of Communications and Legal Affairs since May
  2011.</P></TD></TR></TABLE>
<P align=center><B><I>Mark S. Chalmers </I></B></P>
<P align=justify>Mr. Chalmers is currently the President and Chief Executive
Officer of the Corporation, a position he has held since February 1, 2018. From
July 1, 2016 to January 31, 2018, Mr. Chalmers was President and Chief Operating
Officer of the Corporation, and from July 1, 2016 to July 1, 2017 was Chief
Operating Officer of the Corporation. From 2011 to 2015, Mr. Chalmers served as
Executive General Manager of Production for Paladin Energy Ltd., a uranium
producer with assets in Australia and Africa, including the Langer Heinrich and
Kayelekera mines where, as head of operations, he oversaw sustained, significant
increases in production while reducing operating costs. He also possesses
extensive experience in ISR uranium production, including management of the
Beverley Uranium Mine owned by General Atomics (Australia), and the Highland
mine owned by Cameco Corporation (USA). Mr. Chalmers has also consulted to
several of the largest players in the uranium supply sector, including BHP
Billiton, Rio Tinto, and Marubeni, and until recently served as the Chair of the
Australian Uranium Council, a position he held for 10 years. Mr. Chalmers is a
registered professional engineer and holds a Bachelor of Science in Mining
Engineering from the University of Arizona.</P>
<P align=center><B><I>David C. Frydenlund </I></B></P>
<P align=justify>Mr. Frydenlund is the Corporation&#146;s Chief Financial Officer,
General Counsel and Corporate Secretary, a position he has held since March 2,
2018, and prior thereto was Senior Vice President, General Counsel and Corporate
Secretary of the Corporation since June 2012. In addition to his
responsibilities as Chief Financial Officer, Mr. Frydenlund&#146;s responsibilities
include all legal matters relating to the Corporation&#146;s activities. His
expertise extends to United States Nuclear Regulatory Commission, United States
Environmental Protection Agency, State and Federal regulatory and environmental
laws and regulations. From 1997 to July 2012, Mr. Frydenlund was Vice President
Regulatory Affairs, Counsel, General Counsel and Corporate Secretary of Denison
Mines Corp., and its predecessor International Uranium Corporation (IUC), and
was also a director of IUC from 1997 to 2006 and Chief Financial Officer of IUC
from 2000 to 2005. From 1996 to 1997, Mr. Frydenlund was a Vice President of the
Lundin Group of international public mining and oil and gas companies, and prior
thereto was a partner with the Vancouver law firm of Ladner Downs (now Borden
Ladner Gervais LLP) where his practice focused on corporate, securities and
international mining transactions law. Mr. Frydenlund holds a bachelor&#146;s degree
in business and economics from Simon Fraser University, a master&#146;s degree in
economics and finance from the University of Chicago and a law degree from the
University of Toronto. </P>
<P align=center>13 </P>
<HR style="PAGE-BREAK-AFTER: always" align=center width="100%" color=black
noShade SIZE=5>
<A name=page_21></A>
<P align=center><B><I>W. Paul Goranson </I></B></P>
<P align=justify>Paul Goranson is the Corporation&#146;s Chief Operating Officer, a
position he has held since February 14, 2018, and prior thereto was the
Corporation&#146;s Executive Vice President, Operations since February 1, 2017 and
from June 18, 2015 to February 1, 2017 was the Corporation&#146;s Executive Vice
President, ISR Operations. Mr. Goranson has over twenty-eight years of mining,
processing and regulatory experience in the uranium extraction industry that
includes both conventional and ISR mining. Prior to the acquisition of Uranerz
Energy Corporation by the Corporation, Mr. Goranson served as President, Chief
Operating Officer and a Director for Uranerz, where he was responsible for
operations of the Nichols Ranch ISR Uranium Project. Prior to his time with
Uranerz, Mr. Goranson was President of Cameco Resources, a wholly-owned U.S.
subsidiary of Cameco Corporation. Mr. Goranson was responsible for executing the
"Double U" growth strategy for Cameco's U.S. operations, including developing
production expansion projects such as the North Butte ISR uranium recovery
facility and the refurbishment of the Highland Central Processing Plant. While
President of Cameco Resources, Mr. Goranson's responsibilities included
executive leadership for the operations at the Smith Ranch-Highland, Crow Butte
and North Butte ISR uranium recovery facilities. Prior to Cameco Resources, Mr.
Goranson was Vice President of Meste&#241;a Uranium LLC (&#147;<B>Meste&#241;a</B>&#148;) where he
led the construction, start-up and operation of the Alta Mesa project. Prior to
Meste&#241;a, Mr. Goranson was the manager for radiation safety, regulatory
compliance and licensing with Rio Algom Mining LLC, a division of BHP Billiton.
Mr. Goranson is a registered Professional Engineer and holds a Master of Science
in Environmental Engineering from Texas A&amp;M University, Kingsville along
with a Bachelor of Science in Natural Gas Engineering from Texas A&amp;I
University, Kingsville.</P>
<P align=center><B><I>Curtis H. Moore </I></B></P>
<P align=justify>Mr. Moore is the Vice President of Marketing and Corporate
Development for Energy Fuels Inc. He is in charge of product marketing for the
Corporation, and is closely involved in mergers &amp; acquisitions, investor
relations, public relations, and corporate legal. He has been with the
Corporation for over seven years, holding various roles of increasing
responsibility. Prior to joining the Corporation, Mr. Moore worked in
multi-family real estate development, government relations and public affairs,
production homebuilding, and private law practice. Mr. Moore is a licensed
attorney in the State of Colorado. He holds Juris Doctor and Master of Business
Administration degrees from the University of Colorado at Boulder, and a
Bachelor of Arts dual degree in Economics-Government from Claremont McKenna
College in Claremont, California.</P>
<P align=center><B>EXECUTIVE COMPENSATION </B></P>
<P align=justify><B>Compensation Governance </B></P>
<P align=justify>The Corporation's Compensation Committee is made up of three
directors, being Bruce D. Hansen, Benjamin Eshleman III and Robert W. Kirkwood,
each of whom is independent pursuant to Section 805(c) of the NYSE American
Corporation Guide (the &#147;<B>Corporation Guide</B>&#148;) and pursuant to applicable
Canadian securities laws. Each of Messrs. Hansen, Eshleman and Kirkwood has
direct educational and work experience that is relevant to his responsibilities
in executive compensation. The Compensation Committee has been delegated the
task of reviewing and recommending to the Board, the Corporation&#146;s compensation
policies, and reviewing such policies on a periodic basis to ensure they remain
current, competitive and consistent with the Corporation&#146;s overall goals.</P>
<P align=justify>The Compensation Committee also has the authority and
responsibility to review and approve corporate goals and objectives relevant to
the compensation of the Chief Executive Officer (&#147;<B>CEO</B>&#148;), evaluating the
CEO&#146;s performance in light of those corporate goals and objectives, and making
recommendations to the Board with respect to the CEO&#146;s compensation level
(including salary, incentive compensation plans and equity-based plans) based on
this evaluation, as well as making recommendations to the Board with respect to
any employment, severance or change of control agreements for the CEO. The
ultimate decision relating to the CEO&#146;s compensation rests with the Board, taking into consideration the Compensation Committee&#146;s
recommendations, corporate and individual performance, and industry standards. </P>
<P align=center>14 </P>
<HR style="PAGE-BREAK-AFTER: always" align=center width="100%" color=black
noShade SIZE=5>
<A name=page_22></A>
<P align=justify>The Compensation Committee has also been delegated the task of
reviewing and approving for executive officers, other than the CEO, all
compensation (including salary, incentive compensation plans and equity-based
plans) and any employment, severance or change of control agreements, although
the ultimate decision relating to any stock option or other equity grants rests
with the Board. The experience of Board and committee members who are also
involved as management of, or board members or advisors to, other companies also
factor into decisions concerning compensation. </P>
<P align=justify>Base salaries for a year are typically determined in January of
that year. Cash bonuses and equity awards for a year are typically based on
performance over the entire year and are paid or awarded in January of the
following year. </P>
<P align=justify>In January 2018, for purposes of determining base salaries for
2018, and cash bonus and equity awards for 2017, the Corporation continued its
engagement of the Harlon Group, a compensation consulting company to conduct a
compensation study for employees, the executive officers, and the Board, and to
provide data on equity incentive practices in the industry for the executive
team and the Board. The compensation survey data utilized in the Harlon Group&#146;s
review was from a benchmark analysis of the following public companies,
collectively considered to be a peer group for the Corporation, utilizing 2016
data from their respective 2017 proxy statements (the information below relating
to each of the peer companies is taken from such proxy statements or other
publicly available information regarding such companies): </P>
<UL style="TEXT-ALIGN: justify">
  <LI><B>Alexco Resource Corp. </B>&#150; (TSX:AXR; NYSE American: AXU) &#150; engaged in
  the discovery, development and production readiness of a silver mine in
  Canada;
  <LI><B>Aura Minerals, Inc. </B>&#150; (TSX:ORA) &#150; engaged in the development and
  operation of gold and base metal projects in the Americas;
  <LI><B>Berkeley Energia Ltd. </B>&#150; (LSE:BKY) &#150; engaged in bringing its wholly
  owned Salamanca Project located in western Spain, into production;
  <LI><B>Copper Mountain Mining Corp. </B>&#150; (TSX:CMMC; ASX:C6C) &#150; engaged in the
  production, development and exploration of copper, with its 75%-owned Copper
  Mountain mine located in British Columbia, which produces over 90 million
  pounds of copper equivalent per year, as well as its permitted Eva Copper
  Project in Queensland, Australia;
  <LI><B>Denison Mines Corp. </B>&#150; (TSX:DML; NYSE American: DNN) &#150; engaged in
  the exploration and development of uranium deposits, with interests focused in
  the Athabasca Basin region of northern Saskatchewan, Canada;
  <LI><B>Dynacor Gold Mines, Inc. </B>&#150; (TSX:DNG; OTC:DNGDF) &#150; engaged in the
  production of gold, with a focus on production and exploration in Peru;
  <LI><B>Endeavour Silver Corp. </B>&#150; (NYSE:EXK; TSE:EDR) &#150; a mid-tier precious
  metals mining company engaged in exploration and development projects to
  facilitate its goal to become a premier senior silver producer;
  <LI><B>Fission Uranium Corp. </B>&#150; (TSX:FCU; OTCQX:FCUUF; FSE:2FU) &#150; engaged
  in exploration in the uranium sector with its PLS uranium project comprising
  part of the near-surface, high-grade Triple R deposit &#150; part of the largest
  mineralized trend in the Athabasca Basin region of northern Saskatchewan,
  Canada;
  <LI><B>Gold Star Resources Ltd. </B>&#150; (NYSE MKT:GSS) &#150; an established gold
  mining company engaged in gold production from two mines on the prolific
  Ashanti Gold Belt in Ghana;
  <LI><B>Great Panther Silver Ltd. </B>&#150; (TSX:GPR; NYSE American: GPL) &#150; a
  primary silver mining and exploration company engaged in the mining of
  precious metals from its two wholly-owned operating mines in Mexico: the
  Guanajuato Mine Complex and thTopia Mine, and advancing towards the restart of
  its Coricancha Mine in Peru; </LI></UL>
<P align=center>15 </P>
<HR style="PAGE-BREAK-AFTER: always" align=center width="100%" color=black
noShade SIZE=5>
<A name=page_23></A>
<UL style="TEXT-ALIGN: justify">
  <LI><B>UEX Corp. </B>&#150; (TSX:UEX) &#150; a Canadian junior exploration, discovery
  and development company engaged in the uranium exploration sector and the
  cobalt-nickel market in the Athabasca Basin region of northern Saskatchewan,
  Canada;
  <LI><B>Polymet Mining Corp. </B>&#150; (NYSE American: PLM; TSX:POM) &#150; engaged in
  the development of the NorthMet copper-nickel-precious metals project in
  northeastern Minnesota;
  <LI><B>Silvercorp Metals Inc. </B>&#150; (NYSE American: SVM; TSX:SVM) &#150; engaged in
  the exploration, development, and mining of silver from properties in China,
  including four silver-lead-zinc mines in the Ying Mining District in Henan
  Province, China, the BYP gold-lead-zinc mine in Hunan Province, China, and the
  GC silver-lead-zinc mine in Guangdong Province;
  <LI><B>Peninsula Energy Ltd. </B>&#150; (ASX:PEN) &#150; engaged in the exploration,
  development and production of uranium from projects in the United States,
  including the Lance Project in Wyoming, USA;
  <LI><B>Uranium Energy Corp. </B>(NYSE American: UEC) &#150; engaged in the
  exploration, extraction, and processing of <I>in-situ </I>uranium projects and
  titanium projects in the U.S. and Paraguay, including the Hobson processing
  plant and Palangana, Goliad, and Burke Hollow uranium projects in Texas, USA,
  the Reno Creek uranium project in Wyoming, USA, the Oviedo and Yuty uranium
  projects in Paraguay, and the Alto Parana titanium project in Paraguay;
  <LI><B>Gold Resource Corp. </B>&#150; (NYSE American: GORO) &#150; engaged in the
  exploration and production of gold and silver in Mexico and the U.S.,
  including its flagship El Aquila project in the State of Oaxaca and
  exploration projects in Nevada; and
  <LI><B>UR-Energy Inc. </B>&#150; (NYSE American: URG; TSX:URE) &#150; engaged in the
  acquisition, evaluation, exploration, development, and operation of <I>in-situ
  </I>uranium projects, including the Lost Creek project and Shirley Basin
  property in Wyoming, USA. </LI></UL>
<P align=justify>This peer group (the &#147;<B>January 2018 Peer Group</B>&#148;) was
chosen to be representative of the pool from which the Corporation could expect
to draw its management talent at the beginning of 2018, based on factors
including industry representation, market capitalization, and similar levels of
operational activity. Identifying peer companies with similar levels of
operational activity, even in commodities other than uranium, was considered to
be especially important in light of the fact that the Corporation has three
production centers, including the only operating conventional uranium mill in
the United States. Potential peer companies were additionally rated based on
their similarity to the Corporation in the category of primary exchange of
public listing of securities (Canada, Australia, USA). </P>
<P align=justify>In choosing the January 2018 Peer Group, the Harlon Group
presented the Compensation Committee with a comparison of the performance of a
broad pool of potential peers in relation to the Corporation over the past
five-year period according to revenue, capital expenditures, net income,
earnings per share, and cash flow. The Compensation Committee members
additionally reviewed the list of potential peers using their own expertise and
criteria developed through their experiences in tracking mining industry trends
and companies in other metals and uranium mining. This resulted in the adoption
of the above-listed January 2018 Peer Group. The companies in the January 2018
Peer Group had market capitalizations of between 40% and 250% of the
Corporation&#146;s own market capitalization and together were deemed to be the most
representative group of the Corporation&#146;s peers in the mining industry for use
by the Compensation Committee in making its determinations and recommendations
to the Board for executive compensation in January 2018.<SUP>1</SUP></P>
<P align=justify><SUP>_________________________________________<BR>1</SUP>
Companies not included in the January 2018 Peer Group, but which were previously
included in the peer group used for 2017 compensation decisions include: McEwen
Mining Inc., Asanko Gold Inc., Klondex Mines Ltd., Kirkland Lake Gold Ltd.,
Continental Gold Inc., Paladin Energy Ltd., Dundee Precious Metals Inc.,
Seabridge Gold, Inc., Teranga Gold Corporation, Energy Resources of Australia
Ltd., NexGen Energy Ltd., Dalradian Resource Inc., and Largo Resources Ltd.
These changes to the peer group were made in response to four primary goals as
set out by the Compensation Committee leading into the 2018 year: 1) to stay
within the Industrial Specialty Code of &#147;Mining &#150; Production and Development&#148;;
2) to ensure an adequate representation of uranium companies; 3) to ensure an
adequate representation of production mining companies; and 4) to take into
account the Corporation&#146;s increased market capitalization during 2017 as the
primary metric, i.e., to identify companies more comparable in their performance
criteria to the Corporation&#146;s own performance. </P>
<P align=center>16 </P>
<HR style="PAGE-BREAK-AFTER: always" align=center width="100%" color=black
noShade SIZE=5>
<A name=page_24></A>
<P align=justify>The January 2018 Peer Group was used for compensation decisions
made in January 2018, which included setting the base salaries for all named
executive officers (&#147;<B>NEOs</B>&#148;) for 2018. </P>
<P align=justify>Cash bonuses earned in 2018 and equity awards for 2018 were
determined based on management&#146;s performance over 2018, as determined by the
Compensation Committee in January 2019. As a result of a significant increase in
the Corporation&#146;s share price between January 2018 and January 2019, the
Compensation Committee retained the Harlon Group to help it re-evaluate the
Corporation&#146;s peer group to be used in making the Corporation&#146;s January 2019
compensation decisions, taking into account the increase in the Corporation&#146;s
market capitalization and other factors since January 2018, using the following
primary criteria for selection: </P>
<TABLE
style="BORDER-COLOR: black; FONT-SIZE: 10pt; BORDER-COLLAPSE: collapse; "
cellSpacing=0 cellPadding=0 width="100%" border=0 BCLLIST>

  <TR>
    <TD width="5%"  >&nbsp;</TD>
    <TD vAlign=top width="5%">(1) </TD>
    <TD>
      <P align=justify>Peer companies will be chosen from the Corporation&#146;s
      8-digit Global Industrial Classification Standard (GICS): 10102050 Coal
      and Consumable Fuels or from peer group companies with the following GICs:
      10102020 Oil &amp; Gas Exploration and Production; 15104020 Diversified
      Metals and Mining; 15104030 Gold, Precious Metals; and 15104040 Silver
      Producers;</P></TD></TR>
  <TR>
    <TD width="5%" >&nbsp;</TD>
    <TD vAlign=top width="5%">(2) </TD>
    <TD>
      <P align=justify>Market capitalization will be used as the primary
      classifier, with the peer group having a median market capitalization as
      close to the Corporation&#146;s market capitalization as practical;</P></TD></TR>
  <TR>
    <TD width="5%" >&nbsp;</TD>
    <TD vAlign=top width="5%">(3) </TD>
    <TD>
      <P align=justify>A preference will be given to US domestic issuers, but
      foreign issuers may be included to the extent required to ensure an
      adequate mix of uranium companies and producing companies; and</P></TD></TR>
  <TR>
    <TD width="5%" >&nbsp;</TD>
    <TD vAlign=top width="5%">(4) </TD>
    <TD>
      <P align=justify>The number of companies included in the Peer Group should
      range from 14 to 24.</P></TD></TR></TABLE>
<P align=justify>In addition to the foregoing primary selection criteria, the
following additional screening criteria were applied: </P>
<UL style="TEXT-ALIGN: justify">
  <LI>Eliminate or otherwise adjust for companies that have a disproportionately
  high enterprise value;
  <LI>Eliminate companies that may be in unusual circumstances, such as filing
  for bankruptcy;
  <LI>Eliminate companies that have compensation awards based on extraordinary
  circumstances, such as a recent merger, etc.; and
  <LI>Favor hard-rock mining companies over oil and gas and coal companies, to
  the extent possible. </LI></UL>
<P align=justify>Based on these primary and screening criteria, for purposes of
making the January 2019 compensation decisions, the following revised peer group
(the &#147;<B>January 2019 Peer Group</B>&#148;) was selected, which is comprised of 14
U.S. companies and three Canadian uranium/silver companies; has an average
market capitalization at nine percentage points below the Corporation&#146;s market
capitalization; and satisfies all of the foregoing criteria: </P>
<UL style="TEXT-ALIGN: justify">
  <LI><B>Penn Virginia Corp. </B>&#150; (NASDAQ:PVAC) &#150; an independent oil and gas
  company engaged in the exploration, development and production of oil, natural
  gas liquids (NGLs) and natural gas in various domestic onshore regions of the
  United States;
  <LI><B>Coeur Mining Inc. </B>&#150; (NYSE:CDE) &#150; a diversified precious metals
  producer with five operations in North America consisting of two silver-gold
  mine complexes (Mexico and Nevada), one silver-zinc-lead mine (British
  Columbia) and two gold mines (Alaska and South Dakota), as well as a
  silver-gold exploration stage project in Mexico.
  <LI><B>NexGen Energy Ltd. </B>&#150; (NYSE:NXE; TSX:NXE) &#150; a uranium exploration
  and development company with a portfolio of projects across the Athabasca
  Basin where it holds over 259,000 hectares of land;
  <LI><B>McEwen Mining, Inc. </B>&#150; (NYSE:MUX; TSX:MUX) &#150; a mining and minerals
  production and exploration company focused on gold, silver and copper
  production in the Americas, with three operating gold mines;
  <LI><B>Silvercorp Metals Inc. </B>&#150; (NYSE American: SVM; TSX:SVM) &#150; engaged in
  the exploration, development, and mining of silver from properties in China,
  including four silver-lead-zinc mines in the Ying Mining District in Henan
  Province, China, the BYP gold-lead-zinc mine in Hunan Province, China, and the
  GC silver-lead-zinc mine in Guangdong Province;
  <LI><B>Eclipse Resources Corp. </B>(now <B>Montage Resources Corp.&#150;
  </B>(NYSE:MR)) &#150; which merged with Blue Ridge Mountain Resources on February
  28, 2019 (after the Corporation&#146;s January 2019 compensation decisions were
  made) to form Montage Resources, an oil and gas production company with
  approximately </LI></UL>
<P align=center>17 </P>
<HR style="PAGE-BREAK-AFTER: always" align=center width="100%" color=black
noShade SIZE=5>
<A name=page_25></A>
<UL style="TEXT-ALIGN: justify">227,000 net effective undeveloped acres
  currently focused on the Utica and Marcellus Shales of southeast Ohio, West
  Virginia and North Central Pennsylvania;
  <LI><B>Isramco, Inc. </B>&#150; (NASDAQ:ISRL) &#150; an independent oil and natural gas
  company engaged in the exploration, development and production of oil and
  natural gas properties located onshore in the United Sates and ownership of
  various royalty interests in oil and gas concessions located offshore Israel;
  <LI><B>Denison Mines Corp. </B>&#150; (TSX:DML; NYSE American: DNN) &#150; engaged in
  the exploration and development of uranium deposits, with interests focused in
  the Athabasca Basin region of northern Saskatchewan, Canada;
  <LI><B>Evolution Petroleum Corp. </B>&#150; (NYSE:EPM) &#150; engaged in the development
  and production of oil and gas reserves within known oil and gas resources by
  utilizing conventional technology onshore in the United States;
  <LI><B>Silverbow Resources, Inc. </B>&#150; (NYSE:SBOW) &#150; an independent oil and
  natural gas exploration and production company focused on sustainable,
  efficient growth in reserves and production while contributing to the
  country&#146;s energy security;
  <LI><B>Abraxas Petroleum Corp. </B>&#150; (NASDAQ CM:AXAS) &#150; an independent natural
  gas and crude oil exploitation and product company in San Antonio, Texas with
  operations located in the Rocky Mountain, Mid-Continent, Permian Basin and
  Gulf Coast regions of the United States;
  <LI><B>NACCO Industries, Inc. </B>&#150; (NYSE:NC) &#150; a public holding company for
  the North American Coal Corporation, which operates surface mines that supply
  coal primarily to power generation companies under long-term contracts while
  providing other value-added services to natural resource companies;
  <LI><B>Gold Resource Corp. </B>&#150; (NYSE American: GORO) &#150; engaged in the
  exploration and production of gold and silver in Mexico and the U.S.,
  including its flagship El Aquila project in the State of Oaxaca and
  exploration projects in Nevada;
  <LI><B>Uranium Energy Corp. </B>(NYSE:UEC) &#150; engaged in the exploration,
  extraction, and processing of <I>in-situ</I> uranium projects and titanium
  projects in the U.S. and Paraguay, including the Hobson processing plant and
  Palangana, Goliad, and Burke Hollow uranium projects in Texas, USA, the Reno
  Creek uranium project in Wyoming, USA, the Oviedo and Yuty uranium projects in
  Paraguay, and the Alto Parana titanium project in Paraguay;
  <LI><B>Adams Resources &amp; Energy, Inc. </B>&#150; (NYSE:AE) &#150; engaged in the
  business of crude oil marketing, transportation and storage in various crude
  oil and natural gas basins in the lower 45 states of the United Sates, with
  tank truck transportation of liquid chemicals and dry bulk into Canada and
  Mexico;
  <LI><B>Hallador Energy Co. </B>&#150; (NASDAQ:HNRG) &#150; an exploration company in
  energy sourcing since 1951, it is now primarily engaged in coal development
  and transportation delivery, having the capacity to produce 10 million tons of
  coal annually for its customers in the mid-west and southeastern United
  States; and
  <LI><B>UR-Energy Inc. </B>&#150; (NYSE American: URG; TSX:URE) &#150; engaged in the
  acquisition, evaluation, exploration, development, and operation of <I>in-situ
  </I>uranium projects, including the Lost Creek project and Shirley Basin
  property in Wyoming, USA. </LI></UL>
<P align=justify>This January 2019 Peer Group was chosen to be representative of
the pool from which the Corporation can expect to draw its management talent in
2019. Each company in the January 2019 Peer Group had market capitalizations of
between 34% and 265% of the Corporation&#146;s own market capitalization, with the
Corporation&#146;s market capitalization slightly above the median market
capitalization for the group. The January 2019 Peer Group was deemed to be the
most representative group of the Corporation&#146;s peers in the mining industry for
use by the Compensation Committee in making its determinations and
recommendations to the Board for executive compensation in January 2019.</P>
<P align=justify>Compensation decisions in January 2019 included: the
determination of cash bonus awards earned in 2018 under the Corporation&#146;s Short
Term Incentive Plan (&#147;<B>STIP</B>&#148;) for performance in 2018; the determination
of restricted stock unit (&#147;<B>RSU</B>&#148;) grants for 2018 under the Corporation&#146;s
Long Term Incentive Plan (&#147;<B>LTIP</B>&#148;) for performance in 2018; a special
grant of Stock Appreciation Rights (&#147;<B>SAR</B>s&#148;) for 2018, based on
performance in 2018; as well as the determination of base salaries for 2019
(which will be reported in next year&#146;s proxy circular). </P>
<P align=center>18 </P>
<HR style="PAGE-BREAK-AFTER: always" align=center width="100%" color=black
noShade SIZE=5>
<A name=page_26></A>
<P align=justify>The following table sets forth the fees paid to consultants and
advisors related to determining compensation for executive officers and
directors for each of the two most recently completed financial years This
resulted in the adoption of the above-listed January 2018 Peer Group and January
2019 Peer Group for use in the Corporation&#146;s January 2018 and 2019 compensation
decisions. </P>
<DIV>
<TABLE
style="BORDER-COLOR: black; FONT-SIZE: 10pt; BORDER-COLLAPSE: collapse; "
borderColor=#000000 cellSpacing=0 cellPadding=3 width="100%" border=1>

  <TR vAlign=top>
    <TD align=center bgcolor="#E6EFFF"><B>Year</B> </TD>
    <TD width="33%" align=center bgcolor="#E6EFFF"><B>Executive Compensation-Related
      Fees</B><B><SUP>(1)</SUP></B> </TD>
    <TD width="33%" align=center bgcolor="#E6EFFF"><B>All Other Fees</B><B><SUP>(2)</SUP></B>  </TD>
  </TR>
  <TR vAlign=top>
    <TD align=center>Financial Year Ended December 31, 2018 </TD>
    <TD align=center width="33%">US$18,635 </TD>
    <TD align=center width="33%">Nil </TD></TR>
  <TR vAlign=top>
    <TD align=center>Financial Year Ended December 31, 2017 </TD>
    <TD align=center width="33%">US$22,322 </TD>
    <TD align=center width="33%">Nil </TD></TR></TABLE></DIV>
<P align=justify>Notes: </P>
<TABLE
style="BORDER-COLOR: black; FONT-SIZE: 10pt; BORDER-COLLAPSE: collapse; "
cellSpacing=0 cellPadding=0 width="100%" border=0 BCLLIST>

  <TR>
    <TD width="5%"  >&nbsp;</TD>
    <TD vAlign=top width="5%">(1) </TD>
    <TD>
      <P align=justify>The aggregate fees billed by each consultant or advisor,
      or any of its affiliates, for services related to determining compensation
      for any of the Corporation&#146;s directors or executive officers.</P></TD></TR>
  <TR>
    <TD width="5%" >&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR>
    <TD width="5%" >&nbsp;</TD>
    <TD vAlign=top width="5%">(2) </TD>
    <TD>
      <P align=justify>The aggregate fees billed for all other services provided
      by each consultant or advisor, or any of its affiliates, that are not
      reported as &#147;Executive Compensation Related Fees.&#148;</P></TD></TR></TABLE>
<P align=justify>The Harlon Group was engaged on behalf of and took instructions
from the Compensation Committee, not management in connection with the foregoing
services. There were no conflicts of interest between the Compensation Committee
and the Harlon Group identified during the financial year ended December 31,
2018, nor during any time in 2017 or 2019 where discussions related to
compensation decisions were held. </P>
<P align=justify><B>Compensation Committee Interlocks and Insider Participation
</B></P>
<P align=justify>No person who served as a member of the Compensation Committee
during the fiscal year ended December 31, 2018 was a current or former officer
or employee of the Corporation or engaged in certain transactions with the
Corporation required to be disclosed by regulations of the SEC. Additionally,
there were no compensation committee &#147;interlocks&#148; during the fiscal year ended
December 31, 2018, nor during any time in 2017 or to date in 2019, which
generally means that no executive officer of the Corporation served as a
director or member of the compensation committee of another entity, which had an
executive officer serving as a director or member of the Corporation&#146;s
Compensation Committee.</P>
<P align=justify><B>Compensation Discussion and Analysis </B></P>
<P align=justify><U>Objectives of the Compensation Program</U> </P>
<P align=justify>The objectives of the Corporation&#146;s compensation programs are
to attract and retain the best possible executives having the expertise required
for the uranium mining industry, and to motivate the executives to achieve goals
consistent with the Corporation&#146;s business strategy, including with
particularity the guiding principle of increasing shareholder value. The
compensation program is designed to reward executives for achieving these goals,
while providing continued incentives to develop rigorous new goals annually, to
the extent market conditions allow in a volatile market driven primarily by
commodity prices. </P>
<P align=justify><U>Elements of Compensation</U> </P>
<P align=justify>The Corporation&#146;s compensation practices are intended to be
competitive with those of its peers, and thus are designed to account for
individual successes and failures within corporate management, so as to create
accountability within the Corporation&#146;s executive team and provide an external
metric against which its senior executives can gauge the quality and
appropriateness of their decisions. During fiscal 2018, the three key elements
used to compensate the executive officers of the Corporation were: (i) base
salary; (ii) cash bonuses; and (iii) long-term incentives in the form of equity
awards.</P>
<P align=center>19 </P>
<HR style="PAGE-BREAK-AFTER: always" align=center width="100%" color=black
noShade SIZE=5>
<A name=page_27></A>
<P align=justify>The Corporation had seven NEOs for the financial year ended
December 31, 2018:</P>
<DIV>
<TABLE
style="BORDER-COLOR: black; FONT-SIZE: 10pt; BORDER-COLLAPSE: collapse; "
borderColor=#000000 cellSpacing=0 cellPadding=3 width="100%" border=1>

  <TR vAlign=top>
    <TD align=center bgcolor="#E6EFFF"><B>Name</B> </TD>
    <TD width="65%" align=center bgcolor="#E6EFFF" ><B>Title (Current)</B> </TD>
  </TR>
  <TR vAlign=top>
    <TD align=left>Mark S. Chalmers </TD>
    <TD align=left width="65%" >President and Chief Executive
      Officer (&#147;<B>CEO</B>&#148;) </TD></TR>
  <TR vAlign=top>
    <TD align=left>David C. Frydenlund </TD>
    <TD align=left width="65%" >Chief Financial Officer
      (&#147;<B>CFO</B>&#148;), General Counsel and Corporate Secretary </TD></TR>
  <TR vAlign=top>
    <TD align=left>W. Paul Goranson </TD>
    <TD align=left width="65%" >Chief Operating Officer
      (&#147;<B>COO</B>&#148;) </TD></TR>
  <TR vAlign=top>
    <TD align=left>Curtis H. Moore </TD>
    <TD align=left width="65%" >Vice President (&#147;<B>VP</B>&#148;),
      Marketing and Corporate Development </TD></TR>
  <TR vAlign=top>
    <TD align=left>Stephen P. Antony </TD>
    <TD align=left width="65%" >Former CEO </TD></TR>
  <TR vAlign=top>
    <TD align=left>Daniel G. Zang </TD>
    <TD align=left width="65%" >Former CFO </TD></TR>
  <TR vAlign=top>
    <TD align=left>John H. White </TD>
    <TD align=left width="65%" >Former Vice President, Technical
      Services </TD></TR></TABLE></DIV>
<P align=justify>The senior executive officers (the &#147;<B>Senior Executive
Officers</B>&#148;) for 2018 are considered to be the current President and CEO, the
current CFO, General Counsel and Corporate Secretary, and the current COO. </P>
<P align=justify><U>Determination of Compensation</U> </P>
<P align=justify><I>Base Salaries </I></P>
<P align=justify>Base salary is a fixed component of pay that compensates
executives for fulfilling their roles and responsibilities and aids in
attracting and retaining qualified executives.</P>
<P align=justify>Base compensation for the CEO is generally fixed by the Board
on an annual basis at its regularly scheduled meeting in January for application
in that year, based on recommendations from the Compensation Committee. In
making its recommendations to the Board, the Compensation Committee evaluates
those levels of compensation reported by the Corporation&#146;s current peer group
approved by the Compensation Committee. Generally, base salary for the CEO is
set relative to the base salaries paid to other CEOs in the current peer group;
however, the Board, in its discretion, may also take into account any additional
recommendations of the Compensation Committee, as well as the Board&#146;s own
assessment of the performance of the Corporation overall, the Corporation&#146;s
specific projects and the CEO&#146;s individual contribution to both in addition to
any other factors or considerations deemed relevant.</P>
<P align=justify>Base compensation for the NEOs, other than the CEO, is
generally fixed by the Compensation Committee on an annual basis at its
regularly scheduled meeting in January for application in that year. As with the
base salary for the CEO, base salaries for the NEOs, other than the CEO, are set
relative to the levels of compensation reported by the Corporation&#146;s current
peer group approved by the Compensation Committee. The Compensation Committee
may also take into account its assessment of the performance of the Corporation
overall, the Corporation&#146;s specific projects and the particular individual&#146;s
contributions to that performance. </P>
<P align=justify>In January 2018, base salaries for 2018 were set by the Board,
taking into account base salaries for comparable positions in the January 2018
Peer Group, and reflected a 7.7% increase for Mark S. Chalmers, the current
President and CEO of the Corporation, in recognition of his promotion from
President and COO to President and CEO, and a 10% increase for both Mr. David C.
Frydenlund and Mr. W. Paul Goranson, in recognition of their promotions to CFO
and COO, respectively. The following table shows the base salaries of the
current Senior Executive Officers as at December 31, 2017 and December 31, 2018:
</P>
<DIV>
<TABLE
style="BORDER-COLOR: black; FONT-SIZE: 10pt; BORDER-COLLAPSE: collapse; "
borderColor=#000000 cellSpacing=0 cellPadding=3 width="100%" border=1>

  <TR vAlign=top>
    <TD align=left bgcolor="#E6EFFF"><B>Senior Executive Officer</B> <BR></TD>
    <TD width="27%" align=center bgcolor="#E6EFFF"><B>2017 Salary as at December 31, 2017</B>
      <BR>
      <B>(US$)</B> </TD>
    <TD width="27%" align=center bgcolor="#E6EFFF"><B>2018 Salary as at December 31,</B>
      <BR>
      <B>2018 (US$)</B> </TD>
    <TD width="20%" align=center bgcolor="#E6EFFF" ><B>Percentage Change</B>
  <BR></TD></TR>
  <TR vAlign=top>
    <TD align=left>Mark S. Chalmers <BR>President and CEO<SUP>(1)</SUP> </TD>
    <TD align=left width="27%">$325,000 <BR></TD>
    <TD align=left width="27%">$350,000 <BR></TD>
    <TD align=left width="20%" >7.7% <BR></TD></TR>
  <TR vAlign=top>
    <TD align=left>David C. Frydenlund <BR>CFO, General Counsel and
      <BR>Corporate Secretary<SUP>(2)</SUP> </TD>
    <TD align=left width="27%">$246,240 <BR><BR></TD>
    <TD align=left width="27%">$270,864 <BR><BR></TD>
    <TD align=left width="20%" >10.0% <BR><BR></TD></TR>
  <TR vAlign=top>
    <TD align=left>W. Paul Goranson <BR>COO<SUP>(3)</SUP> </TD>
    <TD align=left width="27%">$246,240 <BR></TD>
    <TD align=left width="27%">$270,864 <BR></TD>
    <TD align=left width="20%" >10.0%
<BR></TD></TR></TABLE></DIV>
<P align=center>20 </P>
<HR style="PAGE-BREAK-AFTER: always" align=center width="100%" color=black
noShade SIZE=5>
<A name=page_28></A>
<P align=justify>Notes: </P>
<TABLE
style="BORDER-COLOR: black; FONT-SIZE: 10pt; BORDER-COLLAPSE: collapse; "
cellSpacing=0 cellPadding=0 width="100%" border=0 BCLLIST>

  <TR>
    <TD vAlign=top width="5%">(1) </TD>
    <TD>
      <P align=justify>At December 31, 2017, Mr. Chalmers was President and COO
      of the Corporation. He became President and CEO of the Corporation on
      February 1, 2018.</P></TD></TR>
  <TR>
    <TD vAlign=top width="5%">(2) </TD>
    <TD>
      <P align=justify>At December 31, 2017, Mr. Frydenlund was Senior Vice
      President, General Counsel and Corporate Secretary of the Corporation. Mr.
      Frydenlund became CFO, General Counsel and Corporate Secretary of the
      Corporation on March 2, 2018.</P></TD></TR>
  <TR>
    <TD vAlign=top width="5%">(3) </TD>
    <TD>
      <P align=justify>At December 31, 2017, Mr. Goranson was Executive Vice
      President, Operations of the Corporation. Mr. Goranson became COO of the
      Corporation on February 14, 2018.</P></TD></TR></TABLE>
<P align=justify><I>Cash Bonuses </I></P>
<P align=justify>Along with the establishment of competitive base salaries and
long-term incentives, one of the objectives of the executive compensation
strategy is to encourage and recognize strong levels of performance by linking
the overall performance and contributions of each NEO to the corporate objective
of maximizing value for the Corporation&#146;s shareholders.</P>
<P align=justify>The cash bonus for the CEO for each financial year is approved
by the Board, based on the overall financial performance of the Corporation,
levels of bonuses provided by benchmark companies, any target bonus percentages
of base salary set out in the CEO&#146;s employment agreement, and particularly the
achievement of objective measures and individual performance of the CEO relative
to pre-established performance goals for the year in question. Generally, the
target cash bonus level is set at a competitive level relative to the cash
bonuses paid within the current peer group as a percent of base salary, and the
CEO&#146;s actual bonus is based on how well the CEO and the Corporation met the
annual performance goals set by the Board in the Corporation&#146;s STIP as described
under &#147;<I>Performance Goals&#148;</I>, below. Ultimately, the cash bonus for the CEO
is determined in the sole discretion of the Board, based on recommendations from
the Compensation Committee.</P>
<P align=justify>The cash bonuses for the NEOs, other than the CEO, for each
financial year are approved by the Compensation Committee, based on the overall
financial performance of the Corporation, levels of bonuses provided by
benchmark companies, any target bonus percentages of base salary set out in the
individual NEO employment agreements, and particularly the achievement of
objective measures and individual performance of the NEO, and based on
recommendations and general input from the CEO. Generally, the target cash bonus
levels for the NEOs, other than the CEO, are set at competitive levels relative
to cash bonuses paid within the current peer group as a percent of base salary,
and each Senior Executive Officer&#146;s actual bonus is based on how well the Senior
Executive Officer and the Corporation met the annual performance goals set by
the Board in the Corporation&#146;s STIP as described under &#147;<I>Performance
Goals</I>,&#148; below. </P>
<P align=justify>Generally, the cash bonus earned in a financial year is
determined by the Board at its first meeting in January of the following year.
The cash bonus in respect of each financial year of the Corporation may be paid
in one or more instalments, as determined by the Board, or the Compensation
Committee, as the case may be. </P>
<P align=justify>In addition, the Board may, from time to time, grant additional
cash bonuses to one or more of the NEOs, in special circumstances, such as the
successful completion of a major transaction.</P>
<P align=justify><I>Long-Term Incentives &#150; Equity Compensation</I> </P>
<P align=justify>Under the 2018 Amended and Restated Omnibus Equity Incentive
Compensation Plan (the &#147;<B>Equity Incentive Plan</B>&#148;), which was originally
approved by the Board on January 28, 2015 and ratified by the shareholders of
the Corporation at the June 2015 Annual General and Special Meeting of
shareholders, then amended and restated on March 29, 2018 and ratified by the
shareholders of the Corporation at the May 30, 2018 Annual and General Special
Meeting of shareholders, the Board may, in its discretion, grant from time to
time Options, SARs, Restricted Stock and RSUs, Deferred Share Units, Performance
Shares, Performance Units, and Full-Value Stock-Based Awards to employees,
directors, officers and consultants of the Corporation and its affiliates.</P>
<P align=center>21 </P>
<HR style="PAGE-BREAK-AFTER: always" align=center width="100%" color=black
noShade SIZE=5>
<A name=page_29></A>
<P align=justify>The equity award for the CEO for each financial year is
approved by the Board, based on the overall financial performance of the
Corporation, levels of equity awards provided by benchmark companies, any target
equity award percentages of base salary set out in the CEO&#146;s employment
agreement, and particularly the achievement of objective measures and individual
performance of the CEO relative to pre-established long-term performance goals
for the year in question. Generally, the target equity award amount is set at a
competitive level relative to the equity awards granted within the current peer
group as a percent of base salary, and the CEO&#146;s actual equity award is based on
how well the CEO and the Corporation met the annual long-term performance goals
set by the Board in the Corporation&#146;s LTIP as described under &#147;<I>Performance
Goals</I>,<I>&#148;</I> below. Ultimately, the equity award for the CEO is determined
in the sole discretion of the Board, based on recommendations from the
Compensation Committee.</P>
<P align=justify>The equity awards for the NEOs, other than the CEO, for each
financial year are approved by the Compensation Committee, based on the overall
financial performance of the Corporation, levels of equity awards provided by
benchmark companies, any target equity award percentages of base salary set out
in the individual NEO employment agreements, and particularly the achievement of
objective measures and individual performance of the NEO, and based on
recommendations and general input from the CEO. Generally, the target equity
award amounts for the NEOs, other than the CEO, are set at competitive levels
relative to equity awards granted within the current peer group as a percent of
base salary, and each Senior Executive Officer&#146;s actual equity award is based on
how well the Senior Executive Officer and the Corporation met the annual
long-term performance goals set by the Board in the Corporation&#146;s LTIP as
described under &#147;<I>Performance Goals</I>,&#148; below. </P>
<P align=justify>Equity incentives granted to NEOs may be made subject to
specific vesting requirements, which may include vesting over a particular
period of time or in response to the achievement of other performance-based
metrics. Generally, equity awards for a financial year are determined by the
Board at its first meeting in January the following year. In addition, the Board
may, from time to time, grant additional equity awards to one or more of the
NEOs, in special circumstances, such as the successful completion of a major
transaction. </P>
<P align=justify>In 2018, under the LTIP, the Corporation relied on the grant of
RSUs to align the NEOs&#146; interests with shareholder value. Generally, the RSUs
granted in January 2019 for performance in 2018 will vest as to 50% on January
27, 2020, will vest as to an additional 25% on January 27, 2021 and as to the
remaining 25% on January 27, 2022. Upon vesting, each RSU entitles the holder to
receive one Common Share for the payment of no additional consideration. The
Corporation considers RSUs to be an excellent form of equity incentive, which
allows the Corporation to achieve its performance-based incentive and retention
goals. First, because the Corporation&#146;s performance is heavily dependent on
commodity prices, and traditional performance measures such as earnings per
share, revenue growth, and earnings before interest, taxes, depreciation and
amortization, etc. have not been meaningful in the past, share price performance
is one of the main measures of long-term performance for the Corporation.
Because the RSUs vest over a three-year period, with the number of shares
vesting each year set at the time of grant, the value of the shares at the time
of vesting will be directly dependent on the Corporation&#146;s share price at the
time of vesting. If management is successful in increasing the Corporation&#146;s
share price over the three-year period, the value of the shares at each vesting
date will have increased; however, if management is not successful in increasing
share prices over that time period, the value of management&#146;s vested shares may
decrease. The Corporation therefore considers RSUs to provide a very effective
long-term share-performance-based form of equity incentive. In addition, because
an executive will forfeit all unvested RSUs if he or she leaves the Corporation
to take employment elsewhere, the unvested RSUs also help the Corporation
satisfy its retention objectives. </P>
<P align=justify>In addition to the grant of RSUs for 2018 under the
Corporation&#146;s LTIP, the Corporation also made a special grant of SARs for 2018
to its Senior Executive Officers and certain management personnel for
performance in 2018, in recognition of the Corporation&#146;s outstanding share price
performance in 2018 and in order to provide additional long-term
performance-based equity incentives for its senior management. The SARs are
purely performance based, because they vest only upon the achievement of
aggressive performance goals designed to significantly increase shareholder
value. If those goals are not met, the SARs do not vest. See &#147;<I>Additional
Special SAR Grant for 2018</I>,&#148; below. </P>
<P align=center>22 </P>
<HR style="PAGE-BREAK-AFTER: always" align=center width="100%" color=black
noShade SIZE=5>
<A name=page_30></A>
<P align=justify><U>Performance Goals</U> </P>
<P align=justify>The Corporation is in an industry that is heavily dependent on
the price of uranium. When uranium prices are high, uranium operations can be in
full swing and development activities can be booming. However, when uranium
prices are low, operations are generally curtailed, and properties and
facilities are placed on standby or shut down. During those periods of low
commodity prices, which the Corporation has experienced for the last several
years, industry participants can face negative cash flows and losses, and are
often tasked with minimizing those negative cash flows and losses, while at the
same time maintaining their valuable assets in a state of readiness for a
ramp-up when uranium prices recover. As a result of this heavy reliance on
commodity prices and large fluctuations in cash flows and income and losses,
typical performance metrics, such as earnings per share, revenue growth, and
earnings before interest, taxes, depreciation and amortization, etc. are not
meaningful to the Corporation at this time.</P>
<P align=justify>To address this issue, the Corporation implemented the STIP in
January 2016 and the LTIP in January 2018, which are intended to set out
meaningful performance criteria <I>tailored specifically to</I> the Corporation,
in light of the general inability to rely on more standard performance
indicators. The STIP sets short-term performance goals that are tied primarily
to the Corporation meeting its annual budget, as set by the Board. Cash bonuses
for Senior Executive Officers are awarded each year based on performance
relative to the STIP performance goals for the year, as determined by the Board
in January of the following year. </P>
<P align=justify>The LTIP sets long-term performance goals <I>tailored
specifically to</I> he Corporation that have implications beyond the current
year. Equity awards for Senior Executive Officers are awarded for each year
based on performance relative to the LTIP performance goals for the year, as
determined by the Board in January of the following year. The equity awards are
typically in the form of RSUs that vest over a three-year period. Although
performance goals are not contained in the RSUs themselves, the number of RSUs
awarded for any year is based on the success of management in meeting the year&#146;s
long-term performance goals. Further, because the RSUs vest over a three-year
period, the RSUs provide an additional performance incentive for management,
because the better the Corporation performs over the long term, the better the
Corporation&#146;s share performance will be, and the higher the value of the RSUs
will be when they vest in the future. </P>
<P align=justify>The Corporation has found that the STIP has been very effective
in setting meaningful goals specific to the Corporation that can be managed by
the Senior Executive Officers and objectively evaluated by the Board. The LTIP,
although more recently implemented, is also proving to be very effective at
setting meaningful long-term performance goals that can be objectively evaluated
by the Board. The Corporation is very pleased with its executive incentive
program and believes it has played a significant role in the Corporation&#146;s
positive share price performance in 2017 and 2018 (increases of 17% and 56%,
respectively). </P>
<P align=justify><U>STIP Goals and Performance</U></P>
<P align=justify>The purpose of the STIP is to align short-term (generally one
year or less) performance of Senior Executive Officers with the Corporation&#146;s
annual business plan and other specified criteria through awarding participants
with cash bonuses that are a function of performance against STIP goals. How
well Senior Executive Officers perform at achieving STIP goals determines
whether the Senior Executive Officers&#146; cash bonuses are at, above or below their
target levels. </P>
<P align=justify>In January of each year, the Compensation Committee completes a
STIP matrix including goals, metrics and weightings to serve as the basis for
measuring short-term performance of the Corporation and the participants during
and at the end of the year. The STIP matrix generally contains several objective
criteria (such as criteria tied to successful implementation of the annual
business plan for the year), as well as a subjective category. The objective
performance goals generally apply equally to all Senior Executive Officers,
recognizing the need for all top executives to work as a team to achieve
corporate goals. The objective criteria serve as the short-term performance
goals for the CEO and the top management group.</P>
<P align=center>23 </P>
<HR style="PAGE-BREAK-AFTER: always" align=center width="100%" color=black
noShade SIZE=5>
<A name=page_31></A>
<P align=justify>The performance metrics for the STIP objective performance
goals are generally structured so that, if the senior management team performs
as expected, the mid-level (100% of target) will be achieved for each of the
objective performance goals and the target cash bonus level will be achieved. If
performance is lower than expected for an objective performance goal, then the
lower level (generally expected to be set at approximately 0-50% of target) will
apply, and likewise if performance is greater than expected for the criteria,
the higher level (generally expected to be set at approximately 150% of target)
will apply. </P>
<P align=justify>The subjective evaluation for each participant is performed by
the Compensation Committee, upon the recommendations and input of the CEO, and
may take into consideration individual contributions and achievements of
participants, workloads, reaction to market conditions over which the
participant has no control, leadership, relationship with the Board, and other
elements specific to the participant that warrant attention during the year. The
target weighting of the subjective category generally does not exceed 20% of the
total bonus amount for each participant, recognizing the need for all top
executives to focus primarily on working as a team to achieve the objective
corporate goals set for the CEO and the senior management team; however, the
Compensation Committee may take a higher target weighting into consideration in
unique circumstances where the Corporation&#146;s performance has been especially
noteworthy or important in that year.</P>
<P align=justify>The Compensation Committee determines the target cash bonus
level for each participant, generally to be set as a percentage of base salary
at the same time it determines the STIP matrix, by referencing the cash bonuses
awarded to those in comparable positions within the current peer group
established by the Compensation Committee, which necessarily reflects the most
recent year for which such data is publicly available. Those considerations must
be considered in light of the target bonus percentages of base salary set out in
the individual Senior Executive Officers&#146; employment agreements. The actual cash
bonus award could be lower or higher than the target bonus level depending on
the Compensation Committee&#146;s actual evaluation of the performance metrics for
the year, as well as any information for industry trends, price level
adjustments or other factors that indicate the data for the year in comparison
would understate or overstate the expected cash bonuses for those with
comparable positions in the peer group during the performance year.</P>
<P align=justify>The STIP also applies an overriding health and safety factor,
which serves to reduce or eliminate any cash bonuses otherwise payable if the
Corporation fails to meet stipulated health and safety performance criteria. The
Board also has the authority to vary from the STIP as it sees fit.</P>
<P align=justify><I>2018 STIP Goals and Performance </I></P>
<P align=justify>Cash bonuses earned in 2018 were based on management&#146;s
performance in 2018 relative to the 2018 STIP performance goals. For 2018, the
STIP performance goals were: </P>
<TABLE
style="BORDER-COLOR: black; FONT-SIZE: 10pt; BORDER-COLLAPSE: collapse; "
cellSpacing=0 cellPadding=0 width="100%" border=0>

  <TR vAlign=top>
    <TD width="5%"  >&nbsp;</TD>
    <TD align=left>&#149; </TD>
    <TD align=left width="90%" >Production </TD></TR></TABLE>
<P style="MARGIN-LEFT: 15%" align=justify>Under this performance goal,
management was required to manage its production activities in 2018 to meet or
exceed specified production requirements (15% weighting);
</P>
<TABLE
style="BORDER-COLOR: black; FONT-SIZE: 10pt; BORDER-COLLAPSE: collapse; "
cellSpacing=0 cellPadding=0 width="100%" border=0>

  <TR vAlign=top>
    <TD width="5%"  >&nbsp;</TD>
    <TD align=left>&#149; </TD>
    <TD align=left width="90%" >Cash Used for Operations </TD></TR></TABLE>
<P style="MARGIN-LEFT: 15%" align=justify>Under this performance goal,
management was required to manage its operating costs and maintain cash used for
operations in 2018 within specified limits (25% weighting);</P>
<TABLE
style="BORDER-COLOR: black; FONT-SIZE: 10pt; BORDER-COLLAPSE: collapse; "
cellSpacing=0 cellPadding=0 width="100%" border=0>

  <TR vAlign=top>
    <TD width="5%"  >&nbsp;</TD>
    <TD align=left>&#149; </TD>
    <TD align=left width="90%" >Working Capital
</TD></TR></TABLE>
<P style="MARGIN-LEFT: 15%" align=justify>Under this performance goal,
management was required to manage its working capital, including the use of any
financings, to maintain a liquid working capital balance for 2018 within a
specified range (20% weighting);</P>
<TABLE
style="BORDER-COLOR: black; FONT-SIZE: 10pt; BORDER-COLLAPSE: collapse; "
cellSpacing=0 cellPadding=0 width="100%" border=0>

  <TR vAlign=top>
    <TD width="5%"  >&nbsp;</TD>
    <TD align=left>&#149; </TD>
    <TD align=left width="90%" >Scalability of Production
  </TD></TR></TABLE>
<P style="MARGIN-LEFT: 15%" align=justify>Under this performance goal,
management was required to advance the Corporation&#146;s scalability of production,
with metrics tied to achieving certain specified permitting and licensing
benchmarks during the year (5% weighting);</P>
<P align=center>24 </P>
<HR style="PAGE-BREAK-AFTER: always" align=center width="100%" color=black
noShade SIZE=5>
<A name=page_32></A><BR>
<TABLE
style="BORDER-COLOR: black; FONT-SIZE: 10pt; BORDER-COLLAPSE: collapse; "
cellSpacing=0 cellPadding=0 width="100%" border=0>

  <TR vAlign=top>
    <TD width="5%"  >&nbsp;</TD>
    <TD align=left>&#149; </TD>
    <TD align=left width="90%" >Section 232 Petition
  </TD></TR></TABLE>
<P style="MARGIN-LEFT: 15%" align=justify>Under this performance goal,
management was required to advance the Corporation&#146;s Section 232 Petition and to
meet specified benchmarks in 2018 (15% weighting); and </P>
<TABLE
style="BORDER-COLOR: black; FONT-SIZE: 10pt; BORDER-COLLAPSE: collapse; "
cellSpacing=0 cellPadding=0 width="100%" border=0>

  <TR vAlign=top>
    <TD width="5%"  >&nbsp;</TD>
    <TD align=left>&#149; </TD>
    <TD align=left width="90%" >Subjective Component
  </TD></TR></TABLE>
<P style="MARGIN-LEFT: 15%" align=justify>Under this performance goal, each
Senior Executive Officer is given a subjective evaluation specific to the Senior
Executive Officer&#146;s particularized roles and responsibilities within the
Corporation (20% weighting).</P>
<P align=justify>In situations such as the present, where the Corporation is not
generating sufficient revenues to result in earnings, factors such as managing
production, cash expenditures, overheads and working capital balances,
maintaining valuable assets on standby and advancing other assets, all as set
out in the Corporation&#146;s annual budget, are more important for guiding
management and judging management&#146;s performance than broad corporate-level
financial performance metrics. As these specific annual budget numbers and other
criteria are not publicly disclosed, the foregoing short-term performance goals
have been summarized in this circular in qualitative terms, and intentionally do
not set out the specific quantitative performance-related factors contained in
the actual short-term performance goals themselves. The Corporation believes
that disclosing such factors qualitatively provides sufficient information for
shareholders to understand the nature of the short-term performance goals and
how management&#146;s performance can be measured relative to those goals, while at
the same time not disclosing business confidential information that could
seriously prejudice the Corporation&#146;s interests.</P>
<P align=justify>In awarding cash bonuses earned in 2018 at its January 2019
meeting, the Compensation Committee evaluated how well management performed
relative to each of its STIP performance goals for 2018, as described above. In
performing this evaluation, the Compensation Committee concluded as follows:
</P>
<TABLE
style="BORDER-COLOR: black; FONT-SIZE: 10pt; BORDER-COLLAPSE: collapse; "
cellSpacing=0 cellPadding=0 width="100%" border=0>

  <TR vAlign=top>
    <TD width="5%"  >&nbsp;</TD>
    <TD align=left>&#149; </TD>
    <TD align=left width="90%" >
      <P align=justify>With respect to Production, 100% of target was achieved
      because the Corporation&#146;s uranium production for the year met the
      specified production requirements. As a result, a full weighting of 15%
      was achieved for this performance goal; </P></TD></TR>
  <TR vAlign=top>
    <TD width="5%" >&nbsp;</TD>
    <TD align=left>&#149; </TD>
    <TD align=left width="90%" >
      <P align=justify>With respect to Cash Used for Operations, 100% of target
      was achieved because the Corporation managed its operating costs and
      maintained cash used for 2018 operations within the specified limits. As a
      result, the full weighting of 25% was achieved for this performance goal;
      </P></TD></TR>
  <TR vAlign=top>
    <TD width="5%" >&nbsp;</TD>
    <TD align=left>&#149; </TD>
    <TD align=left width="90%" >
      <P align=justify>With respect to Working Capital, 150% of target was
      achieved because the Corporation managed its working capital, including
      the use of financings, to maintain a liquid working capital balance for
      2018 in excess of the specified range, ending the year with approximately
      $52 million in working capital. As a result, a weighting of 30% was
      achieved for this performance goal, which exceeded the 20% target
      weighting; </P></TD></TR>
  <TR vAlign=top>
    <TD width="5%" >&nbsp;</TD>
    <TD align=left>&#149; </TD>
    <TD align=left width="90%" >
      <P align=justify>With respect to Scalability of Production, 150% of target
      was achieved, because the Corporation achieved more than the specified
      permitting and licensing benchmarks for the year. As a result, a weighting
      of 7.5% was achieved for this performance goal, which exceeded the 5%
      target weighting; </P></TD></TR>
  <TR vAlign=top>
    <TD width="5%" >&nbsp;</TD>
    <TD align=left>&#149; </TD>
    <TD align=left width="90%" >
      <P align=justify>With respect to the Section 232 Petition, 100% of target
      was achieved, because the Corporation advanced its Section 232 Petition
      and met the specified benchmarks in 2018. As a result, a full weighting of
      15% was achieved for this performance goal; </P></TD></TR>
  <TR vAlign=top>
    <TD width="5%" >&nbsp;</TD>
    <TD align=left>&#149; </TD>
    <TD align=left width="90%" >
      <P align=justify>With respect to the Subjective Component, 150% of target
      was achieved by all Senior Executive Officers, which resulted in a
      weighting of 30% for this performance goal for all Senior Executive
      Officers, which exceeded the 20% target weighting. In making this
      conclusion, the Compensation Committee considered the following factors
      (the &#147;<B>2018 Subjective Factors</B>&#148;): </P></TD></TR></TABLE>
<TABLE
style="BORDER-COLOR: black; FONT-SIZE: 10pt; BORDER-COLLAPSE: collapse; "
cellSpacing=0 cellPadding=0 width="100%" border=0>

  <TR vAlign=top>
    <TD width="10%"  >&nbsp;</TD>
    <TD align=left>o </TD>
    <TD align=left width="85%" >
      <P align=justify>During 2018, the Corporation&#146;s shares increased in value
      by 56%, which puts the Corporation as the top share performer for
      comparable uranium companies, more than doubling the annual shareholder
      return of the next best performer of comparable companies in the uranium
      industry. Most uranium companies had negative shareholder returns for the
      year; </P></TD></TR>
  <TR vAlign=top>
    <TD width="10%" >&nbsp;</TD>
    <TD align=left>o </TD>
    <TD align=left width="85%" >
      <P align=justify>The Corporation was added to the Russell 3,000 Index in
      2018; </P></TD></TR>
  <TR vAlign=top>
    <TD width="10%" >&nbsp;</TD>
    <TD align=left>o </TD>
    <TD align=left width="85%" >
      <P align=justify>The Corporation was able to meet its liquidity and
      working capital performance goals in light of low commodity prices,
      finishing the year with approximately $52 million in working capital;
    </P></TD></TR></TABLE>
<P align=center>25 </P>
<HR style="PAGE-BREAK-AFTER: always" align=center width="100%" color=black
noShade SIZE=5>
<A name=page_33></A><BR>
<TABLE
style="BORDER-COLOR: black; FONT-SIZE: 10pt; BORDER-COLLAPSE: collapse; "
cellSpacing=0 cellPadding=0 width="100%" border=0>

  <TR vAlign=top>
    <TD width="10%"  >&nbsp;</TD>
    <TD align=left>o </TD>
    <TD align=left width="85%" >
      <P align=justify>As a result of the Corporation&#146;s strong cash position,
      the Corporation has been able to hold onto its uranium inventory, which at
      the end of 2018 was approximately 447,000 lbs. of U<SUB>3 </SUB>O<SUB>8
      </SUB>. This means the Corporation was not forced to sell inventory at low
      uranium prices for working capital needs. By holding this uranium through
      the year, the Corporation increased its working capital position and
      enjoyed an increase in inventory values in excess of $2.0 million as a
      result of increases in uranium prices over the year; </P></TD></TR>
  <TR vAlign=top>
    <TD width="10%" >&nbsp;</TD>
    <TD align=left>o </TD>
    <TD align=left width="85%" >
      <P align=justify>On September 12, 2018, the Corporation announced that it
      repaid all of its outstanding Wyoming Debt earlier than term in the amount
      of approximately $8.3 million, thereby eliminating principal and interest
      payments of approximately $4.0 million per year over the next few years;
      </P></TD></TR>
  <TR vAlign=top>
    <TD width="10%" >&nbsp;</TD>
    <TD align=left>o </TD>
    <TD align=left width="85%" >
      <P align=justify>On August 14, 2018, the Corporation completed its
      transaction to extinguish royalties on its Nichols Ranch Property, thereby
      reducing its cost of production per lb., and also acquired royalties on
      nearby operating and permitted ISR uranium projects owned by Cameco
      Corporation, which will have significant value in the event of an increase
      in uranium prices resulting from the Section 232 investigation or
      otherwise; </P></TD></TR>
  <TR vAlign=top>
    <TD width="10%" >&nbsp;</TD>
    <TD align=left>o </TD>
    <TD align=left width="85%" >
      <P align=justify>On May 3, 2018, the Corporation announced it completed
      the sale of its Reno Creek property, which resulted in an inflow to the
      Corporation of $2.94 million in cash and $2.45 million in shares. The
      Corporation subsequently sold the acquired shares for a premium over the
      closing price; </P></TD></TR>
  <TR vAlign=top>
    <TD width="10%" >&nbsp;</TD>
    <TD align=left>o </TD>
    <TD align=left width="85%" >
      <P align=justify>During 2018, the Corporation commenced its vanadium
      test-mining program at its La Sal Mines Complex. Initial results have been
      very successful and may indicate a new paradigm for vanadium mining on the
      Colorado Plateau. This should better position the Corporation to get its
      uranium/vanadium mines back into production in the event of an increase in
      uranium prices resulting from the Section 232 investigation or otherwise;
      </P></TD></TR>
  <TR vAlign=top>
    <TD width="10%" >&nbsp;</TD>
    <TD align=left>o </TD>
    <TD align=left width="85%" >
      <P align=justify>During 2018, the Corporation commenced its vanadium pond
      return campaign at the White Mesa Mill, which had never been accomplished
      before at the Mill and produced saleable vanadium in the early days of
      2019. This program has identified approximately 2.5 to 4.0 million lbs. of
      recoverable vanadium in the Mill&#146;s tailings pond solutions, having a
      potential value at today&#146;s prices of up to approximately $50 million;
    </P></TD></TR>
  <TR vAlign=top>
    <TD width="10%" >&nbsp;</TD>
    <TD align=left>o </TD>
    <TD align=left width="85%" >
      <P align=justify>The Corporation and Ur-Energy filed a Petition for Relief
      under Section 232 of the Trade Expansion Act of 1962 from imports of
      uranium products that threaten national security with the US Department of
      Commerce. On July 18, 2018, the Department of Commerce initialized the
      investigation, which is expected to result in a recommendation by the
      Department of Commerce to the President on or before mid-April 2019, and a
      decision by the President of the United States on or before mid-July 2019.
      If successful, the Petition may result in a remedy that has the potential
      to significantly increase the value of U.S. uranium production; and
  </P></TD></TR>
  <TR vAlign=top>
    <TD width="10%" >&nbsp;</TD>
    <TD align=left>o </TD>
    <TD align=left width="85%" >
      <P align=justify>During the course of the year, the Corporation reduced
      its number of executive officers to three Senior Executive Officers, which
      exceeded Board expectations. </P></TD></TR></TABLE>
<P align=justify>There were also no health or safety factors to apply to reduce
the foregoing results in the 2018 year.</P>
<P align=justify>Based on this analysis, the combined STIP performance weighting
for 2018 was 122.5% . Accordingly, the cash bonuses awarded to Senior Executive
Officers for their performance in 2018 was determined by the Compensation
Committee at its January 2019 meeting to be 122.5% of each Senior Executive
Officer&#146;s target cash bonus amount. The following table shows the resulting cash
bonuses earned by the current Senior Executive Officers in 2018: </P>
<DIV>
<TABLE
style="BORDER-COLOR: black; FONT-SIZE: 10pt; BORDER-COLLAPSE: collapse; "
borderColor=#000000 cellSpacing=0 cellPadding=3 width="100%" border=1>

  <TR vAlign=top>
    <TD align=center bgcolor="#E6EFFF"><B>Senior Executive</B> <BR>
      <B>Officer</B> <BR></TD>
    <TD width="16%" align=center bgcolor="#E6EFFF"><B>2018 Salary as at</B> <BR>
      <B>December 31,
      2018</B> <BR><B>(US$)</B> </TD>
    <TD width="16%" align=center bgcolor="#E6EFFF"><B>Target Cash</B> <BR>
      <B>Bonus
      Percentage</B> <BR></TD>
    <TD width="16%" align=center bgcolor="#E6EFFF"><B>Target Cash</B> <BR>
      <B>Bonus (US$)</B>
    <BR></TD>
    <TD width="16%" align=center bgcolor="#E6EFFF"><B>STIP</B> <BR>
      <B>Performance</B>
      <BR><B>Weighting</B> </TD>
    <TD width="16%" align=center bgcolor="#E6EFFF"><B>Actual Cash Bonus</B> <BR>
      <B>earned in
      2018</B> <BR><B>(US$)</B> </TD></TR>
  <TR vAlign=top>
    <TD align=left>Mark S. Chalmers <BR>President and CEO </TD>
    <TD align=left width="16%">$350,000 <BR></TD>
    <TD align=left width="16%">50% <BR></TD>
    <TD align=left width="16%">$175,000 <BR></TD>
    <TD align=left width="16%">122.5% <BR></TD>
    <TD align=left width="16%">$214,375 <BR></TD></TR>
  <TR vAlign=top>
    <TD align=left>David C. Frydenlund <BR>CFO, General Counsel <BR>and
      Corporate Secretary </TD>
    <TD align=left width="16%">$270,864 <BR><BR></TD>
    <TD align=left width="16%">40% <BR><BR></TD>
    <TD align=left width="16%">$108,346 <BR><BR></TD>
    <TD align=left width="16%">122.5% <BR><BR></TD>
    <TD align=left width="16%">$132,723 <BR><BR></TD></TR>
  <TR vAlign=top>
    <TD align=left>W. Paul Goranson <BR>COO </TD>
    <TD align=left width="16%">$270,864 <BR></TD>
    <TD align=left width="16%">40% <BR></TD>
    <TD align=left width="16%">$108,346 <BR></TD>
    <TD align=left width="16%">122.5% <BR></TD>
    <TD align=left width="16%">$132,723 <BR></TD></TR></TABLE></DIV>
<P align=justify><U>LTIP Goals and Performance</U> </P>
<P align=justify>The purpose of the LTIP is to align performance of Senior
Executive Officers with the Corporation&#146;s long-term (generally in excess of one
year) goals and other specified criteria through awarding participants with
equity awards in the form of RSUs that are a function of performance against
LTIP goals. How well Senior Executive Officers perform at achieving LTIP goals
determines whether the Senior Executive Officers&#146; equity awards are at, above or
below their target levels. As the LTIP was adopted in January 2018, it applied
to equity grants for 2018, but did not apply to equity grants in prior years.
</P>
<P align=center>26 </P>
<HR style="PAGE-BREAK-AFTER: always" align=center width="100%" color=black
noShade SIZE=5>
<A name=page_34></A>
<P align=justify>In January of each year, starting in 2018, the Compensation
Committee completes an LTIP matrix including goals, metrics and weightings to
serve as the basis for measuring long-term performance of the Corporation and
the participants during and at the end of the year. As with the STIP, the LTIP
matrix generally contains several objective criteria as well as a subjective
category. The objective performance goals generally apply equally to all Senior
Executive Officers, recognizing the need for all top executives to work as a
team to achieve corporate goals. The objective criteria serve as the long-term
performance goals for the CEO and the top management group.</P>
<P align=justify>The performance metrics for the LTIP objective performance
goals are generally structured so that, if the senior management team performs
as expected, the mid-level (100% of target) will be achieved for each of the
objective performance goals, and the target equity award level will be achieved.
If performance is lower than expected for an objective performance goal, then
the lower level (generally expected to be set at approximately 0-50% of target)
will apply, and likewise if performance is greater than expected for the
criteria, the higher level (generally expected to be set at approximately 150%
of target) will apply. </P>
<P align=justify>The subjective evaluation for each participant is performed by
the Compensation Committee, upon the recommendations of the CEO, and may take
into consideration individual contributions and achievements of participants,
workloads, reaction to market conditions over which the participant has no
control, leadership, relationship with the Board of Directors, and other
elements specific to the participant that warrant attention during the year. The
target weighting of the subjective category generally does not exceed 20% of the
total equity award amount for each participant, recognizing the need for all top
executives to focus primarily on working as a team to achieve the objective
long-term corporate goals set for the CEO and the senior management team;
however, the Compensation Committee may take a higher weighting into
consideration in unique circumstances where the Corporation&#146;s performance has
been especially noteworthy or important in that year.</P>
<P align=justify>The Compensation Committee determines the target equity award
level for each participant; generally, to be set as a percentage of base salary
at the same time it determines the LTIP matrix. Generally, the Compensation
Committee sets the target equity award percent for each participant for the year
by reference to the equity amounts awarded to comparable positions in the
current peer group established by the Compensation Committee for the most recent
year for which data is publicly available, consistent with any target equity
award percentages of base salary that may be set out in the individual NEO
employment agreements. The actual value of equity awarded could be lower or
higher than the target equity award level depending on the Compensation
Committee&#146;s actual evaluation of the long-term performance metrics for the year,
as well as any information for industry trends, price level adjustments etc.
that would indicate that data for the comparison year would understate or
overstate the expected equity awards for comparable positions in the peer group
during the year.</P>
<P align=justify>The LTIP also applies an overriding health and safety factor,
which serves to reduce or eliminate any equity awards otherwise payable if the
Corporation fails to meet stipulated health and safety performance criteria. The
Board also has the authority to vary from the LTIP as it sees fit.</P>
<P align=justify>The Corporation believes shareholder value is primarily driven
by results, both in terms of financial strength and operating measures such as
production, production capability, and mineral reserve and resource growth, as
well as protection of public health, safety and the environment and good
corporate governance. Each executive&#146;s performance is also evaluated against
expectations for fulfilling the executive&#146;s individual responsibilities and
goals within his or her particular employment functions and areas of expertise,
which also reflects on the executive&#146;s contribution to the Corporation&#146;s success
in meeting its long-term objectives.</P>
<P align=justify><I>2018 LTIP Goals and Performance </I></P>
<P align=justify>Long term performance goals were first set under the LTIP in
January 2018 for performance in 2018. Equity awards for 2018 were based on
management&#146;s performance in 2018 relative to the 2018 LTIP performance
goals.</P>
<P align=center>27 </P>
<HR style="PAGE-BREAK-AFTER: always" align=center width="100%" color=black
noShade SIZE=5>
<A name=page_35></A>
<P align=justify>For 2018, the LTIP performance goals were: </P>
<TABLE
style="BORDER-COLOR: black; FONT-SIZE: 10pt; BORDER-COLLAPSE: collapse; "
cellSpacing=0 cellPadding=0 width="100%" border=0>

  <TR vAlign=top>
    <TD width="5%"  >&nbsp;</TD>
    <TD align=left>&#149; </TD>
    <TD align=left width="90%" >Share Price Performance
  </TD></TR></TABLE>
<P style="MARGIN-LEFT: 15%" align=justify>Under this performance goal,
management was required to achieve a share price performance in 2018 relative to
the share price performance of other uranium mining companies with comparable
market capitalizations (35% weighting); </P>
<TABLE
style="BORDER-COLOR: black; FONT-SIZE: 10pt; BORDER-COLLAPSE: collapse; "
cellSpacing=0 cellPadding=0 width="100%" border=0>

  <TR vAlign=top>
    <TD width="5%"  >&nbsp;</TD>
    <TD align=left>&#149; </TD>
    <TD align=left width="90%" >Obtaining Board Approval in
      December 2018 for a Budget for 2019 </TD></TR></TABLE>
<P style="MARGIN-LEFT: 15%" align=justify>Under this performance goal,
management was required to obtain Board approval in December 2018 for a budget
for 2019 that meets specified net recurring cash flow plus debt service
requirements (35% weighting);</P>
<TABLE
style="BORDER-COLOR: black; FONT-SIZE: 10pt; BORDER-COLLAPSE: collapse; "
cellSpacing=0 cellPadding=0 width="100%" border=0>

  <TR vAlign=top>
    <TD width="5%"  >&nbsp;</TD>
    <TD align=left>&#149; </TD>
    <TD align=left width="90%" >Securing Future Business
      Activities </TD></TR></TABLE>
<P style="MARGIN-LEFT: 15%" align=justify>Under this performance goal,
management was required to secure additional activities that are expected to
result in a net cash increment to the Corporation beyond 2019 (10% weighting);
and</P>
<TABLE
style="BORDER-COLOR: black; FONT-SIZE: 10pt; BORDER-COLLAPSE: collapse; "
cellSpacing=0 cellPadding=0 width="100%" border=0>

  <TR vAlign=top>
    <TD width="5%"  >&nbsp;</TD>
    <TD align=left>&#149; </TD>
    <TD align=left width="90%" >Subjective Component
  </TD></TR></TABLE>
<P style="MARGIN-LEFT: 15%" align=justify>Under this performance goal, each
Senior Executive Officer is given a subjective evaluation specific to the Senior
Executive Officer&#146;s particularized roles and responsibilities within the
Corporation (20% weighting).</P>
<P align=justify>As stated above, performance goals based on broad
corporate-level financial performance metrics such as earnings per share,
revenue growth, and earnings before interest, taxes, depreciation and
amortization, are not meaningful to the Corporation&#146;s performance at this time.
Instead, the Corporation sets long-term performance goals each year tailored
specifically to the long-term objectives set by the Corporation each year. Share
price performance over the year is considered to be a good long-term indicator
for the Corporation, because it reflects the market&#146;s expectation of the
Corporation&#146;s performance beyond the current year. However, because share price
performance is highly linked to commodity price performance for companies such
as the Corporation, this long-term performance goal has been set to compare the
Corporation&#146;s share price performance relative to the share price performance of
other comparable companies in the uranium industry (and not to the Corporation&#146;s
peer group as a whole, which includes companies in different commodity
industries), in order to standardize for commodity price fluctuations over the
year. The long-term performance goal of obtaining approval in the current year
for a satisfactory budget for the following year requires management to manage
the Corporation in the current year so that the Corporation&#146;s expected
activities in the following year meet specified criteria. Similarly, the
long-term performance goal of obtaining business activities beyond the following
year requires management to manage the Corporation in the current year to secure
business activities for the second year beyond the current year. The Corporation
believes these are the most meaningful long-term performance goals for the
Corporation at this time. As such future budget expectations and other criteria
are not publicly disclosed, the foregoing long-term performance goals have been
summarized in this circular in qualitative terms, and intentionally do not set
out the specific quantitative performance related factors contained in the
actual long-term performance goals themselves. The Corporation believes that
disclosing such factors qualitatively provides sufficient information for
shareholders to understand the nature of the long-term performance goals and how
management&#146;s performance can be measured relative to those goals, while at the
same time not disclosing business confidential information that could seriously
prejudice the Corporation&#146;s interests.</P>
<P align=justify>In awarding equity awards in January 2019 for management&#146;s
performance in 2018, the Compensation Committee evaluated how well management
performed relative to each of its LTIP performance goals for 2018, as described
above. In performing this evaluation, the Compensation Committee concluded as
follows: </P>
<TABLE
style="BORDER-COLOR: black; FONT-SIZE: 10pt; BORDER-COLLAPSE: collapse; "
cellSpacing=0 cellPadding=0 width="100%" border=0>

  <TR vAlign=top>
    <TD width="5%"  >&nbsp;</TD>
    <TD align=left>&#149; </TD>
    <TD align=left width="90%" >
      <P align=justify>With respect to Share Price Performance, 150% of target
      was achieved because the Corporation&#146;s share price performance over
      calendar year 2018 ranked first among publicly traded uranium companies
      with a market capitalization of between US$50 and US$500 million during
      the year. As a result, a weighting of 52.5% was achieved for this
      performance goal, which exceeds the 35% target weighting; </P></TD></TR>
  <TR vAlign=top>
    <TD width="5%" >&nbsp;</TD>
    <TD align=left>&#149; </TD>
    <TD align=left width="90%" >
      <P align=justify>With respect to obtaining Board approval in December 2018
      for a budget for 2019, 150% of target was achieved because the Board
      approved a budget for 2019 with net recurring cash flows plus debt service
      </P></TD></TR></TABLE>
<P align=center>28 </P>
<HR style="PAGE-BREAK-AFTER: always" align=center width="100%" color=black
noShade SIZE=5>
<A name=page_36></A><BR>
<TABLE
style="BORDER-COLOR: black; FONT-SIZE: 10pt; BORDER-COLLAPSE: collapse; "
cellSpacing=0 cellPadding=0 width="100%" border=0>

  <TR vAlign=top>
    <TD width="5%"  >&nbsp;</TD>
    <TD align=left></TD>
    <TD align=left width="90%" >
      <P align=justify>requirements that significantly exceeded expectations,
      primarily as a result of the Corporation&#146;s vanadium pond return program at
      the White Mesa Mill. As a result, a weighting of 52.5% was achieved for
      this performance goal, which exceeds the 35% target weighting; </P></TD></TR>
  <TR vAlign=top>
    <TD width="5%" >&nbsp;</TD>
    <TD align=left>&#149; </TD>
    <TD align=left width="90%" >
      <P align=justify>With respect to securing additional activities that are
      expected to result in a net cash increment to the Company beyond 2019,
      150% of target was achieved because the Corporation secured additional
      activities that significantly exceeded expectations, primarily as a result
      of its vanadium pond return program at the White Mesa Mill. As a result, a
      weighting of 15% was achieved for this performance goal, which exceeds the
      10% target weighting; and </P></TD></TR>
  <TR vAlign=top>
    <TD width="5%" >&nbsp;</TD>
    <TD align=left>&#149; </TD>
    <TD align=left width="90%" >
      <P align=justify>With respect to the Subjective Component, 150% of target
      was achieved by all Senior Executive Officers, which resulted in a
      weighting of 30% for this performance goal for all Senior Executive
      Officers, which exceeded the 20% target weighting. In making this
      conclusion, the Compensation Committee considered the 2018 Subjective
      Factors described under 2018 STIP Goals and Performance above.
  </P></TD></TR></TABLE>
<P align=justify>There were also no health or safety factors to apply to reduce
the foregoing results in the 2018 year.</P>
<P align=justify>Based on this analysis, the combined LTIP performance weighting
for 2018 was 150%. Accordingly, the equity awards granted to Senior Executive
Officers for their performance in 2018 was determined by the Compensation
Committee at its January 2019 meeting to be 150% of each Senior Executive
Officer&#146;s target equity award amount. The following table shows the resulting
equity awards (in the form of RSUs) to the current Senior Executive Officers for
2018: </P>
<DIV>
<TABLE
style="BORDER-COLOR: black; FONT-SIZE: 10pt; BORDER-COLLAPSE: collapse; "
borderColor=#000000 cellSpacing=0 cellPadding=3 width="100%" border=1>

  <TR vAlign=top>
    <TD align=center bgcolor="#E6EFFF"><B>Senior Executive</B> <BR>
      <B>Officer</B> <BR></TD>
    <TD width="16%" align=center bgcolor="#E6EFFF"><B>2018 Salary as at</B> <BR>
      <B>December
      31,</B> <BR><B>2018 (US$)</B> </TD>
    <TD width="16%" align=center bgcolor="#E6EFFF"><B>Target Equity</B> <BR>
      <B>Award</B>
      <BR><B>Percentage</B> </TD>
    <TD width="16%" align=center bgcolor="#E6EFFF"><B>Target Equity</B> <BR>
      <B>Award (US$
      value</B> <BR><B>of RSU grants)</B> </TD>
    <TD width="16%" align=center bgcolor="#E6EFFF"><B>LTIP</B> <BR>
      <B>Performance</B>
      <BR><B>Weighting</B> </TD>
    <TD width="16%" align=center bgcolor="#E6EFFF"><B>Actual Equity Awarded</B> <BR>
      <B>for 2018
      (US$ value of</B> <BR><B>RSU grants)</B> </TD></TR>
  <TR vAlign=top>
    <TD align=left>Mark S. Chalmers <BR>President and CEO </TD>
    <TD align=left width="16%">$350,000 <BR></TD>
    <TD align=left width="16%">100% <BR></TD>
    <TD align=left width="16%">$350,000 <BR></TD>
    <TD align=left width="16%">150% <BR></TD>
    <TD align=left width="16%">$525,000 <BR></TD></TR>
  <TR vAlign=top>
    <TD align=left>David C. Frydenlund <BR>CFO, General <BR>Counsel and
      <BR>Corporate Secretary </TD>
    <TD align=left width="16%">$270,864 <BR><BR><BR></TD>
    <TD align=left width="16%">80% <BR><BR><BR></TD>
    <TD align=left width="16%">$216,691 <BR><BR><BR></TD>
    <TD align=left width="16%">150% <BR><BR><BR></TD>
    <TD align=left width="16%">$325,037 <BR><BR><BR></TD></TR>
  <TR vAlign=top>
    <TD align=left>W. Paul Goranson <BR>COO </TD>
    <TD align=left width="16%">$270,864 <BR></TD>
    <TD align=left width="16%">80% <BR></TD>
    <TD align=left width="16%">$216,691 <BR></TD>
    <TD align=left width="16%">150% <BR></TD>
    <TD align=left width="16%">$325,037 <BR></TD></TR></TABLE></DIV>
<P align=justify><I>Additional Special SAR Grant for 2018</I></P>
<P align=justify>At its meeting in January 2019, in recognition of the excellent
share price performance of the Corporation in 2018 (a 56% increase in share
price over the year) and the other 2018 Subjective Factors, and taking into
account compensation levels for comparable executive officer positions in the
2019 Peer Group, the Corporation made a special grant of SARs to its Senior
Executive Officers and certain management personnel for 2018, in addition to the
normal grant of RSUs under the Corporation&#146;s LTIP described in the foregoing
table for 2018. These SARS are intended to provide additional long-term
performance-based equity incentives for the Corporation&#146;s senior management. The
SARs are purely performance based, because they only vest upon the achievement
of aggressive performance goals designed to significantly increase shareholder
value. If those goals are not met, the SARs do not vest.</P>
<P align=justify>Each SAR granted for 2018 entitles the holder, on exercise, to
a payment in cash or shares (at the election of the Corporation) equal to the
difference between the market price of the Common Shares at the time of exercise
and $2.92 (the market price at the time of grant) over a five-year period, but
vest only upon the achievement of the following performance goals: as to
one-third of the SARs granted upon the volume weighted average price
(&#147;<B>VWAP</B>&#148;) of the Common Shares on the NYSE American equalling or exceeding
US$5.00 for any continuous 90-calendar day period; as to an additional one-third
of the SARs granted, upon the VWAP of the Corporation&#146;s common shares on the
NYSE American equalling or exceeding US$7.00 for any continuous 90 calendar-day
period; and as to the final one-third of the SARs granted, upon the VWAP of the
Corporation&#146;s common shares on the NYSE American equalling or exceeding US$10.00
for any continuous 90 calendar-day period. Further, notwithstanding the foregoing vesting schedule, no SARs may be
exercised by the holder for an initial period of one year from the Date of
Grant; the date first exercisable being January 22, 2020. As a result, the SARs
granted for 2018 are a long-term equity incentive (not exercisable until after
one-year after grant) and are 100% performance based. If management does not
perform to achieve the stipulated vesting share price levels, the SARs will have
no value on exercise.</P>
<P align=center>29 </P>
<HR style="PAGE-BREAK-AFTER: always" align=center width="100%" color=black
noShade SIZE=5>
<A name=page_37></A>
<P align=justify>The SARs granted to the Senior Executive Officers for 2018
performance, in addition to the RSUs described in the foregoing table, were as
follows: </P>
<DIV>
<TABLE
style="BORDER-COLOR: black; FONT-SIZE: 10pt; BORDER-COLLAPSE: collapse; "
borderColor=#000000 cellSpacing=0 cellPadding=3 width="100%" border=1>

  <TR vAlign=top>
    <TD align=center bgcolor="#E6EFFF"><B>Senior Executive Officer</B> </TD>
    <TD width="33%" align=center bgcolor="#E6EFFF"><B>Value of SARs Granted (US$)</B> </TD>
    <TD width="33%" align=center bgcolor="#E6EFFF"><B>Number of SARs Granted</B><B><SUP>(1)
      </SUP></B><B>(#)</B> </TD>
  </TR>
  <TR vAlign=top>
    <TD align=left>Mark S. Chalmers <BR>President and CEO </TD>
    <TD align=left width="33%">$1,312,500<SUP>(2)</SUP> <BR></TD>
    <TD align=left width="33%">1,050,000 <BR></TD></TR>
  <TR vAlign=top>
    <TD align=left>David C. Frydenlund <BR>Chief Financial Officer, General
      Counsel <BR>and Corporate Secretary </TD>
    <TD align=left width="33%">$487,556<SUP>(3)</SUP> <BR><BR></TD>
    <TD align=left width="33%">390,044 <BR><BR></TD></TR>
  <TR vAlign=top>
    <TD align=left>W. Paul Goranson <BR>COO </TD>
    <TD align=left width="33%">$487,556<SUP>(3)</SUP> <BR></TD>
    <TD align=left width="33%">390,044 <BR></TD></TR></TABLE></DIV>
<P align=justify>Notes: </P>
<P style="MARGIN-LEFT: 5%" align=justify>(1) The SARs were valued by a
third-party valuation firm at US$1.25 for each SAR. <BR>(2) The value of the SAR
grant to the President and CEO was determined to be 2.5 times the value of his
RSU grant for 2018. <BR>(3) The value of the SAR grant to the CFO, General
Counsel and Corporate Secretary; and COO was determined to be 1.5 times the
value of their respective RSU grants for 2018. </P>
<P align=justify><U>Consideration of Risks Associated with Compensation
Policies</U> </P>
<P align=justify>The Compensation Committee considers the implications of risks
associated with compensation policies and practices by working closely with the
CEO. The CEO is tasked with ensuring that: (i) fair and competitive practices
are followed regarding employee compensation at all levels of the Corporation;
(ii) the compensation practices do not encourage an NEO or individual at a
principal business unit or division to take inappropriate or excessive risk or
that are reasonably likely to have a material adverse effect on the Corporation;
and (iii) compensation policies and practices include regulatory, environmental
compliance and sustainability as part of the performance metrics used in
determining compensation. The CEO&#146;s recommendations on these matters are taken
into consideration by the Compensation Committee when reviewing and recommending
to the Board the Corporation&#146;s compensation policies. The Corporation has in place an Insider Trading Policy, to be
reviewed and approved by the Board annually, which includes a section on
&#147;Hedging Transactions&#148; that restricts NEOs and directors from purchasing
financial instruments, such as prepaid variable forward contracts, equity swaps,
collars, or units of exchange funds, which are designed to hedge or offset a
decrease in market value of equity securities granted as compensation or held,
directly or indirectly, by the NEO or director.</P>
<P align=justify><U>Performance Graph</U> </P>
<P align=justify>The following graph compares the total cumulative shareholder
return for US$100.00 invested in the Common Shares on December 31, 2013 with the
total returns of each of the NYSE Composite Index, Russell 2,000 Index, NASDAQ
Composite Index, NYSE American Natural Resources Index, and a group of companies
consisting of a portion of the Corporation&#146;s peers from its peer group used in
its 2018 compensation decisions, including Peninsula Energy Ltd., Gold Resource
Corp., Endeavor Silver Corp., Uranium Energy Corp., Ur-Energy Inc., Polymet
Mining Corp., UEX Corp., Denison Mines Corp., Alexco Resource Corp. and Copper
Mountain Mining Corp., for the five most recently completed financial years
(assuming reinvestment of dividends). The Common Shares are listed for trading
on the NYSE American under the symbol &#147;<B>UUUU</B>&#148; and on the TSX under the
symbol &#147;<B>EFR</B>.&#148; </P>
<P align=center>30 </P>
<HR style="PAGE-BREAK-AFTER: always" align=center width="100%" color=black
noShade SIZE=5>
<A name=page_38></A>
<P align=center>
<IMG
src="scheddef14ax38x1.jpg"
border=0 width="619" height="452">&nbsp;<BR></P>
<P align=center>31 </P>
<HR style="PAGE-BREAK-AFTER: always" align=center width="100%" color=black
noShade SIZE=5>
<A name=page_39></A><BR>
<DIV>
<TABLE
style="BORDER-COLOR: black; FONT-SIZE: 10pt; BORDER-COLLAPSE: collapse; "
borderColor=#000000 cellSpacing=0 cellPadding=3 width="100%" border=1>

  <TR vAlign=top>
    <TD align=center bgcolor="#E6EFFF"><BR></TD>
    <TD width="12%" align=center bgcolor="#E6EFFF"><B>December 31,</B> <BR>
      <B>2013</B> </TD>
    <TD width="12%" align=center bgcolor="#E6EFFF"><B>December 31,</B> <BR>
      <B>2014</B> </TD>
    <TD width="12%" align=center bgcolor="#E6EFFF"><B>December 31,</B> <BR>
      <B>2015</B> </TD>
    <TD width="12%" align=center bgcolor="#E6EFFF"><B>December 31,</B> <BR>
      <B>2016</B> </TD>
    <TD width="12%" align=center bgcolor="#E6EFFF"><B>December 31,</B> <BR>
      <B>2017</B> </TD>
    <TD width="12%" align=center bgcolor="#E6EFFF"><B>December 31,</B> <BR>
    <B>2018</B> </TD></TR>
  <TR vAlign=top>
    <TD align=left>Energy Fuels Inc.<SUP>(1)</SUP> </TD>
    <TD vAlign=center align=right width="12%">$5.70 </TD>
    <TD vAlign=center align=right width="12%">$6.19 </TD>
    <TD vAlign=center align=right width="12%">$2.95 </TD>
    <TD vAlign=center align=right width="12%">$1.64 </TD>
    <TD vAlign=center align=right width="12%">$1.79 </TD>
    <TD vAlign=center align=right width="12%">$2.85 </TD></TR>
  <TR vAlign=top>
    <TD align=left>&nbsp; &nbsp;<I>Value of $100 Investment</I> </TD>
    <TD vAlign=center align=right width="12%"><I>$100.00</I> </TD>
    <TD vAlign=center align=right width="12%"><I>$108.60</I> </TD>
    <TD vAlign=center align=right width="12%"><I>$51.75</I> </TD>
    <TD vAlign=center align=right width="12%"><I>$28.77</I> </TD>
    <TD vAlign=center align=right width="12%"><I>$31.40</I> </TD>
    <TD vAlign=center align=right width="12%"><I>$50.00</I> </TD></TR>
  <TR vAlign=top>
    <TD align=left>NYSE Composite Index </TD>
    <TD vAlign=center align=right width="12%">$10,400.32 </TD>
    <TD vAlign=center align=right width="12%">$10,839.24 </TD>
    <TD vAlign=center align=right width="12%">$10,143.42 </TD>
    <TD vAlign=center align=right width="12%">$11,056.90 </TD>
    <TD vAlign=center align=right width="12%">$12,808.84 </TD>
    <TD vAlign=center align=right width="12%">$11,374.39 </TD></TR>
  <TR vAlign=top>
    <TD align=left>&nbsp; &nbsp;<I>Value of $100 Investment</I> </TD>
    <TD vAlign=center align=right width="12%"><I>$100.00</I> </TD>
    <TD vAlign=center align=right width="12%"><I>$104.22</I> </TD>
    <TD vAlign=center align=right width="12%"><I>$97.53</I> </TD>
    <TD vAlign=center align=right width="12%"><I>$106.31</I> </TD>
    <TD vAlign=center align=right width="12%"><I>$123.16</I> </TD>
    <TD vAlign=center align=right width="12%"><I>$109.37</I> </TD></TR>
  <TR vAlign=top>
    <TD align=left>Russell 2000 </TD>
    <TD vAlign=center align=right width="12%">$1,163.64 </TD>
    <TD vAlign=center align=right width="12%">$1,204.70 </TD>
    <TD vAlign=center align=right width="12%">$1,135.89 </TD>
    <TD vAlign=center align=right width="12%">$1,357.13 </TD>
    <TD vAlign=center align=right width="12%">$1,535.51 </TD>
    <TD vAlign=center align=right width="12%">$1,348.56 </TD></TR>
  <TR vAlign=top>
    <TD align=left>&nbsp; &nbsp;<I>Value of $100 Investment</I> </TD>
    <TD vAlign=center align=right width="12%"><I>$100.00</I> </TD>
    <TD vAlign=center align=right width="12%"><I>$103.53</I> </TD>
    <TD vAlign=center align=right width="12%"><I>$97.62</I> </TD>
    <TD vAlign=center align=right width="12%"><I>$116.63</I> </TD>
    <TD vAlign=center align=right width="12%"><I>$131.96</I> </TD>
    <TD vAlign=center align=right width="12%"><I>$115.89</I> </TD></TR>
  <TR vAlign=top>
    <TD align=left>NASDAQ Composite </TD>
    <TD vAlign=center align=right width="12%">$4,176.59 </TD>
    <TD vAlign=center align=right width="12%">$4,736.05 </TD>
    <TD vAlign=center align=right width="12%">$5,007.41 </TD>
    <TD vAlign=center align=right width="12%">$5,383.12 </TD>
    <TD vAlign=center align=right width="12%">$6,903.39 </TD>
    <TD vAlign=center align=right width="12%">$6,635.28 </TD></TR>
  <TR vAlign=top>
    <TD align=left>&nbsp; &nbsp;<I>Value of $100 Investment</I> </TD>
    <TD vAlign=center align=right width="12%"><I>$100.00</I> </TD>
    <TD vAlign=center align=right width="12%"><I>$113.40</I> </TD>
    <TD vAlign=center align=right width="12%"><I>$119.89</I> </TD>
    <TD vAlign=center align=right width="12%"><I>$128.89</I> </TD>
    <TD vAlign=center align=right width="12%"><I>$165.29</I> </TD>
    <TD vAlign=center align=right width="12%"><I>158.87</I> </TD></TR>
  <TR vAlign=top>
    <TD align=left>NYSE MKT Natural Resources Index </TD>
    <TD vAlign=center align=right width="12%">$441.25 </TD>
    <TD vAlign=center align=right width="12%">$454.38 </TD>
    <TD vAlign=center align=right width="12%">$313.09 </TD>
    <TD vAlign=center align=right width="12%">$363.70 </TD>
    <TD vAlign=center align=right width="12%">$369.70 </TD>
    <TD vAlign=center align=right width="12%">$324.07 </TD></TR>
  <TR vAlign=top>
    <TD align=left>&nbsp; &nbsp;<I>Value of $100 Investment</I> </TD>
    <TD vAlign=center align=right width="12%"><I>$100.00</I> </TD>
    <TD vAlign=center align=right width="12%"><I>$102.98</I> </TD>
    <TD vAlign=center align=right width="12%"><I>$70.96</I> </TD>
    <TD vAlign=center align=right width="12%"><I>$82.42</I> </TD>
    <TD vAlign=center align=right width="12%"><I>$83.78</I> </TD>
    <TD vAlign=center align=right width="12%"><I>$73.44</I> </TD></TR>
  <TR vAlign=top>
    <TD align=left><I>Peer Group Value of $100 Investment</I> </TD>
    <TD vAlign=center align=right width="12%"><I>$100.00</I> </TD>
    <TD vAlign=center align=right width="12%"><I>$80.54</I> </TD>
    <TD vAlign=center align=right width="12%"><I>$52.57</I> </TD>
    <TD vAlign=center align=right width="12%"><I>$66.57</I> </TD>
    <TD vAlign=center align=right width="12%"><I>$75.53</I> </TD>
    <TD vAlign=center align=right width="12%"><I>56.11</I>
</TD></TR></TABLE></DIV>
<P align=justify>Notes:
<BR>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (1) All dollar
amounts are in U.S. dollars.</P>
<P align=justify>The Corporation&#146;s compensation to executive officers has
generally increased during the five most recently completed financial years. The
total cumulative shareholder return for an investment in the Common Shares has
decreased over the first three years of the same period, commencing in 2013
through 2016, due in part to the Fukushima natural disaster which occurred in
March 2011 and the resulting decrease in uranium prices since that time.
However, the total shareholder return since December 31, 2016 has increased,
most markedly in 2018, with a 56% increase in the Corporation&#146;s share price in
2018. <I>In fact, while the Corporation&#146;s total cumulative shareholder return
for 2018 increased by 56%, the total cumulative return for the Corporation&#146;s
peers and all of the other indices shown above decreased during the year.</I>
Executive compensation has generally increased during the five-year period, in
part due to the competition among organizations operating in the natural
resources sector to attract and retain the best possible executives.</P>
<P align=justify><U>Equity Incentive Awards</U> </P>
<P align=justify>A 2013 stock option plan (the &#147;<B>2013 Option Plan</B>&#148;) had
been used for the grant of stock options prior to 2015. The Equity Incentive
Plan was adopted in January 2015 and amended and re-approved by shareholders in
2018, and provides for the award of stock options, SARs, restricted stock and
RSUs, deferred share units, performance shares, performance units, and
stock-based units, at the discretion of the Board. The 2013 Option Plan was
terminated upon adoption of the Equity Incentive Plan, and all stock options
previously granted pursuant to the 2013 Option Plan which were then outstanding
were incorporated into the Equity Incentive Plan and treated as Awards under the
Equity Incentive Plan.</P>
<P align=justify>The Equity Incentive Plan describes all of the types of equity
compensation that may be awarded by the Board, and gives the Board broad
discretion with respect to equity grants to all directors, officers, employees
and consultants of the Corporation. The LTIP applies only to Senior Executive
Officers and sets out the performance goals that must be met by senior
management in connection with any such grant of equity. </P>
<P align=justify>In 2018, RSUs were granted to Executive Officers and other
senior management personnel, and stock options were granted to other Corporation
employees. In addition, a special grant of SARs was also granted for 2018 to
Senior Executive Officers and other senior management personnel to provide an
additional form of performance-based equity incentive compensation (see
<I>&#147;Compensation Discussion and Analysis, Elements of Compensation, Long Term
Incentives &#150; Equity Compensation&#148; </I>above).</P>
<P align=center>32 </P>
<HR style="PAGE-BREAK-AFTER: always" align=center width="100%" color=black
noShade SIZE=5>
<A name=page_40></A>
<P align=justify>As discussed above, equity awards are granted in consideration
of the level of responsibility of the executive as well as his or her impact or
contribution to the longer-term operating performance of the Corporation. All
equity grants are approved by the Board, based on recommendations from the
Compensation Committee. Generally, in determining the equity incentive awards to
be granted to the NEOs, equity grants are set at competitive levels relative to
equity awards granted by the peer group as a percent of base salary, consistent
with any equity award targets that may be set out in the NEO&#146;s employment
agreements, and recognizing the level of experience and seniority of the
Corporation&#146;s senior management team, in order to provide incentive to improve
the retention of executives. The Board may also take into account the
Compensation Committee&#146;s recommendation to the Board and the Board&#146;s assessment
of the performance of the Corporation overall, the Corporation&#146;s specific
projects and the NEO&#146;s individual contribution to that performance. Equity
incentives granted to NEOs may be made subject to specific vesting requirements
which may include vesting over a particular period of time or in response to the
achievement of performance-based metrics. </P>
<P align=justify><B>Summary Compensation Table</B></P>
<P align=justify>The following table shows the compensation earned by each of
the Corporation&#146;s NEOs over the last three financial years. The compensation of
the NEOs is paid and reported in United States dollars. </P>
<TABLE
style="BORDER-COLOR: black; FONT-SIZE: 10pt; BORDER-COLLAPSE: collapse; "
cellSpacing=0 cellPadding=0 width="100%" border=0>

  <TR vAlign=top>
    <TD align=center
    vAlign=bottom bgcolor="#E6EFFF"
    style="BORDER-RIGHT: #000000 1px solid; BORDER-TOP: #000000 1px solid; BORDER-LEFT: #000000 1px solid" width="19%">&nbsp; </TD>
    <TD width="9%" align=center
    vAlign=bottom bgcolor="#E6EFFF"
    style="BORDER-RIGHT: #000000 1px solid; BORDER-TOP: #000000 1px solid; BORDER-LEFT: #000000 1px solid">&nbsp; </TD>
    <TD width="9%" align=center
    vAlign=bottom bgcolor="#E6EFFF"
    style="BORDER-RIGHT: #000000 1px solid; BORDER-TOP: #000000 1px solid; BORDER-LEFT: #000000 1px solid">&nbsp; </TD>
    <TD width="9%" align=center
    vAlign=bottom bgcolor="#E6EFFF"
    style="BORDER-RIGHT: #000000 1px solid; BORDER-TOP: #000000 1px solid; BORDER-LEFT: #000000 1px solid">&nbsp; </TD>
    <TD width="9%" align=center
    vAlign=bottom bgcolor="#E6EFFF"
    style="BORDER-RIGHT: #000000 1px solid; BORDER-TOP: #000000 1px solid; BORDER-LEFT: #000000 1px solid">&nbsp; </TD>
    <TD colspan="2" align=center
    vAlign=bottom bgcolor="#E6EFFF"
    style="BORDER-RIGHT: #000000 1px solid; BORDER-TOP: #000000 1px solid; BORDER-LEFT: #000000 1px solid" width="9%">&nbsp; &nbsp;<B>Non-Equity Incentive
      </B></TD>
    <TD width="9%" align=center
    vAlign=bottom bgcolor="#E6EFFF"
    style="BORDER-RIGHT: #000000 1px solid; BORDER-TOP: #000000 1px solid; BORDER-LEFT: #000000 1px solid">&nbsp; </TD>
    <TD width="9%" align=center
    vAlign=bottom bgcolor="#E6EFFF"
    style="BORDER-RIGHT: #000000 1px solid; BORDER-TOP: #000000 1px solid; BORDER-LEFT: #000000 1px solid">&nbsp; </TD>
  <TD width="9%" align=center
    vAlign=bottom bgcolor="#E6EFFF"
    style="BORDER-RIGHT: #000000 1px solid; BORDER-TOP: #000000 1px solid; BORDER-LEFT: #000000 1px solid">&nbsp; </TD>
  </TR>
  <TR vAlign=top>
    <TD align=center
    vAlign=bottom bgcolor="#E6EFFF" style="BORDER-RIGHT: #000000 1px solid; BORDER-LEFT: #000000 1px solid" width="19%">&nbsp; </TD>
    <TD width="9%" align=center
    vAlign=bottom bgcolor="#E6EFFF" style="BORDER-RIGHT: #000000 1px solid; BORDER-LEFT: #000000 1px solid">&nbsp; </TD>
    <TD width="9%" align=center
    vAlign=bottom bgcolor="#E6EFFF" style="BORDER-RIGHT: #000000 1px solid; BORDER-LEFT: #000000 1px solid">&nbsp; </TD>
    <TD width="9%" align=center
    vAlign=bottom bgcolor="#E6EFFF" style="BORDER-RIGHT: #000000 1px solid; BORDER-LEFT: #000000 1px solid">&nbsp; </TD>
    <TD width="9%" align=center
    vAlign=bottom bgcolor="#E6EFFF" style="BORDER-RIGHT: #000000 1px solid; BORDER-LEFT: #000000 1px solid">&nbsp; </TD>
    <TD colspan="2" align=center
    vAlign=bottom bgcolor="#E6EFFF" style="BORDER-RIGHT: #000000 1px solid; BORDER-LEFT: #000000 1px solid" width="9%"><B>Plan Compensation (US$) </B></TD>
    <TD width="9%" align=center
    vAlign=bottom bgcolor="#E6EFFF" style="BORDER-RIGHT: #000000 1px solid; BORDER-LEFT: #000000 1px solid">&nbsp; </TD>
    <TD width="9%" align=center
    vAlign=bottom bgcolor="#E6EFFF" style="BORDER-RIGHT: #000000 1px solid; BORDER-LEFT: #000000 1px solid">&nbsp; </TD>
  <TD width="9%" align=center
    vAlign=bottom bgcolor="#E6EFFF" style="BORDER-RIGHT: #000000 1px solid; BORDER-LEFT: #000000 1px solid">&nbsp; </TD>
  </TR>
  <TR>
    <TD align=center
    vAlign=bottom bgcolor="#E6EFFF" style="BORDER-RIGHT: #000000 1px solid; BORDER-LEFT: #000000 1px solid" width="19%">&nbsp; </TD>
    <TD width="9%" align=center
    vAlign=bottom bgcolor="#E6EFFF" style="BORDER-RIGHT: #000000 1px solid; BORDER-LEFT: #000000 1px solid">&nbsp; </TD>
    <TD width="9%" align=center
    vAlign=bottom bgcolor="#E6EFFF" style="BORDER-RIGHT: #000000 1px solid; BORDER-LEFT: #000000 1px solid">&nbsp; </TD>
    <TD width="9%" align=center
    vAlign=bottom bgcolor="#E6EFFF" style="BORDER-RIGHT: #000000 1px solid; BORDER-LEFT: #000000 1px solid">&nbsp; </TD>
    <TD width="9%" align=center
    vAlign=bottom bgcolor="#E6EFFF" style="BORDER-RIGHT: #000000 1px solid; BORDER-LEFT: #000000 1px solid">&nbsp; </TD>
    <TD colspan="2" align=center
    vAlign=bottom bgcolor="#E6EFFF" style="BORDER-RIGHT: 1px solid #000000; BORDER-LEFT: 1px solid #000000; ; border-bottom-style:solid; border-bottom-width:1" width="9%">&nbsp;  </TD>
    <TD width="9%" align=center
    vAlign=bottom bgcolor="#E6EFFF" style="BORDER-RIGHT: #000000 1px solid; BORDER-LEFT: #000000 1px solid">&nbsp; </TD>
    <TD width="9%" align=center
    vAlign=bottom bgcolor="#E6EFFF" style="BORDER-RIGHT: #000000 1px solid; BORDER-LEFT: #000000 1px solid">&nbsp; </TD>
  <TD width="9%" align=center
    vAlign=bottom bgcolor="#E6EFFF" style="BORDER-RIGHT: #000000 1px solid; BORDER-LEFT: #000000 1px solid">&nbsp; </TD>
  </TR>
  <TR>
    <TD align=center
    vAlign=bottom bgcolor="#E6EFFF" style="BORDER-RIGHT: #000000 1px solid; BORDER-LEFT: #000000 1px solid" width="19%">&nbsp; </TD>
    <TD width="9%" align=center
    vAlign=bottom bgcolor="#E6EFFF" style="BORDER-RIGHT: #000000 1px solid; BORDER-LEFT: #000000 1px solid">&nbsp; </TD>
    <TD width="9%" align=center
    vAlign=bottom bgcolor="#E6EFFF" style="BORDER-RIGHT: #000000 1px solid; BORDER-LEFT: #000000 1px solid">&nbsp; </TD>
    <TD width="9%" align=center
    vAlign=bottom bgcolor="#E6EFFF" style="BORDER-RIGHT: #000000 1px solid; BORDER-LEFT: #000000 1px solid">&nbsp; </TD>
    <TD width="9%" align=center
    vAlign=bottom bgcolor="#E6EFFF" style="BORDER-RIGHT: #000000 1px solid; BORDER-LEFT: #000000 1px solid">&nbsp; </TD>
    <TD width="9%" align=center
    vAlign=bottom bgcolor="#E6EFFF" style="BORDER-RIGHT: 1px solid #000000; BORDER-LEFT: 1px solid #000000; ; border-top-style:solid; border-top-width:1">&nbsp; </TD>
    <TD width="9%" align=center
    vAlign=bottom bgcolor="#E6EFFF" style="BORDER-RIGHT: 1px solid #000000; BORDER-LEFT: 1px solid #000000; ; border-top-style:solid; border-top-width:1">&nbsp; </TD>
    <TD width="9%" align=center
    vAlign=bottom bgcolor="#E6EFFF" style="BORDER-RIGHT: #000000 1px solid; BORDER-LEFT: #000000 1px solid">&nbsp; </TD>
    <TD width="9%" align=center
    vAlign=bottom bgcolor="#E6EFFF" style="BORDER-RIGHT: #000000 1px solid; BORDER-LEFT: #000000 1px solid">&nbsp; </TD>
  <TD width="9%" align=center
    vAlign=bottom bgcolor="#E6EFFF" style="BORDER-RIGHT: #000000 1px solid; BORDER-LEFT: #000000 1px solid">&nbsp; </TD>
  </TR>
  <TR vAlign=top>
    <TD align=center
    vAlign=bottom bgcolor="#E6EFFF" style="BORDER-RIGHT: #000000 1px solid; BORDER-LEFT: #000000 1px solid" width="19%">&nbsp; </TD>
    <TD width="9%" align=center
    vAlign=bottom bgcolor="#E6EFFF" style="BORDER-RIGHT: #000000 1px solid; BORDER-LEFT: #000000 1px solid">&nbsp; </TD>
    <TD width="9%" align=center
    vAlign=bottom bgcolor="#E6EFFF" style="BORDER-RIGHT: #000000 1px solid; BORDER-LEFT: #000000 1px solid"><B>Salary </B></TD>
    <TD width="9%" align=center
    vAlign=bottom bgcolor="#E6EFFF" style="BORDER-RIGHT: #000000 1px solid; BORDER-LEFT: #000000 1px solid"><B>Share-Based </B></TD>
    <TD width="9%" align=center
    vAlign=bottom bgcolor="#E6EFFF" style="BORDER-RIGHT: #000000 1px solid; BORDER-LEFT: #000000 1px solid"><B>Option- Based </B></TD>
    <TD width="9%" align=center
    vAlign=bottom bgcolor="#E6EFFF" style="BORDER-RIGHT: #000000 1px solid; BORDER-LEFT: #000000 1px solid"><B>Annual </B></TD>
    <TD width="9%" align=center
    vAlign=bottom bgcolor="#E6EFFF" style="BORDER-RIGHT: #000000 1px solid; BORDER-LEFT: #000000 1px solid"><B>Long-Term </B></TD>
    <TD width="9%" align=center
    vAlign=bottom bgcolor="#E6EFFF" style="BORDER-RIGHT: #000000 1px solid; BORDER-LEFT: #000000 1px solid"><B>Pension </B></TD>
    <TD width="9%" align=center
    vAlign=bottom bgcolor="#E6EFFF" style="BORDER-RIGHT: #000000 1px solid; BORDER-LEFT: #000000 1px solid"><B>All Other </B></TD>
  <TD width="9%" align=center
    vAlign=bottom bgcolor="#E6EFFF" style="BORDER-RIGHT: #000000 1px solid; BORDER-LEFT: #000000 1px solid"><B>Total </B></TD>
  </TR>
  <TR vAlign=top>
    <TD align=center
    vAlign=bottom bgcolor="#E6EFFF" style="BORDER-RIGHT: #000000 1px solid; BORDER-LEFT: #000000 1px solid" width="19%"><B>Name and </B></TD>
    <TD width="9%" align=center
    vAlign=bottom bgcolor="#E6EFFF" style="BORDER-RIGHT: #000000 1px solid; BORDER-LEFT: #000000 1px solid"><B>Year </B></TD>
    <TD width="9%" align=center
    vAlign=bottom bgcolor="#E6EFFF" style="BORDER-RIGHT: #000000 1px solid; BORDER-LEFT: #000000 1px solid">&nbsp; </TD>
    <TD width="9%" align=center
    vAlign=bottom bgcolor="#E6EFFF" style="BORDER-RIGHT: #000000 1px solid; BORDER-LEFT: #000000 1px solid">&nbsp; &nbsp;<B>Awards </B></TD>
    <TD width="9%" align=center
    vAlign=bottom bgcolor="#E6EFFF" style="BORDER-RIGHT: #000000 1px solid; BORDER-LEFT: #000000 1px solid"><B>Awards </B></TD>
    <TD width="9%" align=center
    vAlign=bottom bgcolor="#E6EFFF" style="BORDER-RIGHT: #000000 1px solid; BORDER-LEFT: #000000 1px solid"><B>Incentive </B></TD>
    <TD width="9%" align=center
    vAlign=bottom bgcolor="#E6EFFF" style="BORDER-RIGHT: #000000 1px solid; BORDER-LEFT: #000000 1px solid"><B>Incentive </B></TD>
    <TD width="9%" align=center
    vAlign=bottom bgcolor="#E6EFFF" style="BORDER-RIGHT: #000000 1px solid; BORDER-LEFT: #000000 1px solid"><B>Value </B></TD>
    <TD width="9%" align=center
    vAlign=bottom bgcolor="#E6EFFF" style="BORDER-RIGHT: #000000 1px solid; BORDER-LEFT: #000000 1px solid"><B>Compensation </B></TD>
  <TD width="9%" align=center
    vAlign=bottom bgcolor="#E6EFFF" style="BORDER-RIGHT: #000000 1px solid; BORDER-LEFT: #000000 1px solid"><B>Compensation </B></TD>
  </TR>
  <TR vAlign=top>
    <TD align=center
    vAlign=bottom bgcolor="#E6EFFF"
    style="BORDER-RIGHT: #000000 1px solid; BORDER-LEFT: #000000 1px solid; BORDER-BOTTOM: #000000 1px solid" width="19%"><B>Principal Position </B></TD>
    <TD width="9%" align=center
    vAlign=bottom bgcolor="#E6EFFF"
    style="BORDER-RIGHT: #000000 1px solid; BORDER-LEFT: #000000 1px solid; BORDER-BOTTOM: #000000 1px solid">&nbsp; </TD>
    <TD width="9%" align=center
    vAlign=bottom bgcolor="#E6EFFF"
    style="BORDER-RIGHT: #000000 1px solid; BORDER-LEFT: #000000 1px solid; BORDER-BOTTOM: #000000 1px solid"><STRONG>(US$)&nbsp;</STRONG>&nbsp;    </TD>
    <TD width="9%" align=center
    vAlign=bottom bgcolor="#E6EFFF"
    style="BORDER-RIGHT: #000000 1px solid; BORDER-LEFT: #000000 1px solid; BORDER-BOTTOM: #000000 1px solid">&nbsp;<B>(US$)
      </B><STRONG><SUP>(1)(5) </SUP></STRONG></TD>
    <TD width="9%" align=center
    vAlign=bottom bgcolor="#E6EFFF"
    style="BORDER-RIGHT: #000000 1px solid; BORDER-LEFT: #000000 1px solid; BORDER-BOTTOM: #000000 1px solid">&nbsp; &nbsp; &nbsp;<B>(US$)
      <SUP>(2) </SUP></B></TD>
    <TD width="9%" align=center
    vAlign=bottom bgcolor="#E6EFFF"
    style="BORDER-RIGHT: #000000 1px solid; BORDER-LEFT: #000000 1px solid; BORDER-BOTTOM: #000000 1px solid">&nbsp; &nbsp;<B>Plans <SUP>(3)
      </SUP></B></TD>
    <TD width="9%" align=center
    vAlign=bottom bgcolor="#E6EFFF"
    style="BORDER-RIGHT: #000000 1px solid; BORDER-LEFT: #000000 1px solid; BORDER-BOTTOM: #000000 1px solid"><B>Plans </B></TD>
    <TD width="9%" align=center
    vAlign=bottom bgcolor="#E6EFFF"
    style="BORDER-RIGHT: #000000 1px solid; BORDER-LEFT: #000000 1px solid; BORDER-BOTTOM: #000000 1px solid"><B>(US$) </B></TD>
    <TD width="9%" align=center
    vAlign=bottom bgcolor="#E6EFFF"
    style="BORDER-RIGHT: #000000 1px solid; BORDER-LEFT: #000000 1px solid; BORDER-BOTTOM: #000000 1px solid"><B>(US$) <SUP>(4)(5)(6)(7)(8)
      </SUP></B></TD>
  <TD width="9%" align=center
    vAlign=bottom bgcolor="#E6EFFF"
    style="BORDER-RIGHT: #000000 1px solid; BORDER-LEFT: #000000 1px solid; BORDER-BOTTOM: #000000 1px solid"><B>(US$) </B></TD>
  </TR>
  <TR>
    <TD style="BORDER-RIGHT: #000000 1px solid; BORDER-LEFT: #000000 1px solid"
    align=left width="19%">Stephen P. Antony </TD>
    <TD style="BORDER-RIGHT: #000000 1px solid; BORDER-LEFT: #000000 1px solid"
    align=center width="9%">2018 </TD>
    <TD style="BORDER-RIGHT: #000000 1px solid; BORDER-LEFT: #000000 1px solid"
    align=right width="9%">&nbsp;134,021 </TD>
    <TD style="BORDER-RIGHT: #000000 1px solid; BORDER-LEFT: #000000 1px solid"
    align=right width="9%">375,000 </TD>
    <TD style="BORDER-RIGHT: #000000 1px solid; BORDER-LEFT: #000000 1px solid"
    align=right width="9%">Nil </TD>
    <TD style="BORDER-RIGHT: #000000 1px solid; BORDER-LEFT: #000000 1px solid"
    align=right width="9%">Nil </TD>
    <TD style="BORDER-RIGHT: #000000 1px solid; BORDER-LEFT: #000000 1px solid"
    align=right width="9%">Nil </TD>
    <TD style="BORDER-RIGHT: #000000 1px solid; BORDER-LEFT: #000000 1px solid"
    align=right width="9%">&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;Nil </TD>
    <TD style="BORDER-RIGHT: #000000 1px solid; BORDER-LEFT: #000000 1px solid"
    align=right width="9%">203,899 </TD>
    <TD style="BORDER-RIGHT: #000000 1px solid; BORDER-LEFT: #000000 1px solid"
    align=right width="9%">712,920 </TD></TR>
  <TR vAlign=top>
    <TD style="BORDER-RIGHT: #000000 1px solid; BORDER-LEFT: #000000 1px solid"
    align=left width="19%">Former President &amp; </TD>
    <TD style="BORDER-RIGHT: #000000 1px solid; BORDER-LEFT: #000000 1px solid"
    align=center width="9%">2017 </TD>
    <TD style="BORDER-RIGHT: #000000 1px solid; BORDER-LEFT: #000000 1px solid"
    align=right width="9%">&nbsp;333,450 </TD>
    <TD style="BORDER-RIGHT: #000000 1px solid; BORDER-LEFT: #000000 1px solid"
    align=right width="9%">910,077 </TD>
    <TD style="BORDER-RIGHT: #000000 1px solid; BORDER-LEFT: #000000 1px solid"
    align=right width="9%">Nil </TD>
    <TD style="BORDER-RIGHT: #000000 1px solid; BORDER-LEFT: #000000 1px solid"
    align=right width="9%">140,049 </TD>
    <TD style="BORDER-RIGHT: #000000 1px solid; BORDER-LEFT: #000000 1px solid"
    align=right width="9%">Nil </TD>
    <TD style="BORDER-RIGHT: #000000 1px solid; BORDER-LEFT: #000000 1px solid"
    align=right width="9%">&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;Nil </TD>
    <TD style="BORDER-RIGHT: #000000 1px solid; BORDER-LEFT: #000000 1px solid"
    align=right width="9%">172,550 </TD>
    <TD style="BORDER-RIGHT: #000000 1px solid; BORDER-LEFT: #000000 1px solid"
    align=right width="9%">1,556,126 </TD></TR>
  <TR vAlign=top>
    <TD
    style="BORDER-RIGHT: #000000 1px solid; BORDER-LEFT: #000000 1px solid; BORDER-BOTTOM: #000000 1px solid"
    align=left width="19%">CEO<SUP>(9)(10)(16) </SUP></TD>
    <TD
    style="BORDER-RIGHT: #000000 1px solid; BORDER-LEFT: #000000 1px solid; BORDER-BOTTOM: #000000 1px solid"
    align=center width="9%">2016 </TD>
    <TD
    style="BORDER-RIGHT: #000000 1px solid; BORDER-LEFT: #000000 1px solid; BORDER-BOTTOM: #000000 1px solid"
    align=right width="9%">&nbsp;399,295 </TD>
    <TD
    style="BORDER-RIGHT: #000000 1px solid; BORDER-LEFT: #000000 1px solid; BORDER-BOTTOM: #000000 1px solid"
    align=right width="9%">718,670 </TD>
    <TD
    style="BORDER-RIGHT: #000000 1px solid; BORDER-LEFT: #000000 1px solid; BORDER-BOTTOM: #000000 1px solid"
    align=right width="9%">Nil </TD>
    <TD
    style="BORDER-RIGHT: #000000 1px solid; BORDER-LEFT: #000000 1px solid; BORDER-BOTTOM: #000000 1px solid"
    align=right width="9%">Nil </TD>
    <TD
    style="BORDER-RIGHT: #000000 1px solid; BORDER-LEFT: #000000 1px solid; BORDER-BOTTOM: #000000 1px solid"
    align=right width="9%">Nil </TD>
    <TD
    style="BORDER-RIGHT: #000000 1px solid; BORDER-LEFT: #000000 1px solid; BORDER-BOTTOM: #000000 1px solid"
    align=right width="9%">&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;Nil </TD>
    <TD
    style="BORDER-RIGHT: #000000 1px solid; BORDER-LEFT: #000000 1px solid; BORDER-BOTTOM: #000000 1px solid"
    align=right width="9%">196,500 </TD>
    <TD
    style="BORDER-RIGHT: #000000 1px solid; BORDER-LEFT: #000000 1px solid; BORDER-BOTTOM: #000000 1px solid"
    align=right width="9%">1,314,465 </TD></TR>
  </TABLE>
<P align=center>33 </P>
<HR style="PAGE-BREAK-AFTER: always" align=center width="100%" color=black
noShade SIZE=5>
<A name=page_41></A>
            <table style="margin-right: auto; margin-left: auto; border: 0.75pt solid rgb(0, 0, 0); border-collapse: collapse; font-size: 10pt;" cellspacing="0" cellpadding="0">

                    <tr>
    <TD align=center
    vAlign=bottom bgcolor="#E6EFFF"
    style="BORDER-RIGHT: #000000 1px solid; BORDER-TOP: #000000 1px solid; BORDER-LEFT: #000000 1px solid" width="19%">&nbsp; </TD>
    <TD width="9%" align=center
    vAlign=bottom bgcolor="#E6EFFF"
    style="BORDER-RIGHT: #000000 1px solid; BORDER-TOP: #000000 1px solid; BORDER-LEFT: #000000 1px solid">&nbsp; </TD>
    <TD width="9%" align=center
    vAlign=bottom bgcolor="#E6EFFF"
    style="BORDER-RIGHT: #000000 1px solid; BORDER-TOP: #000000 1px solid; BORDER-LEFT: #000000 1px solid">&nbsp; </TD>
    <TD width="9%" align=center
    vAlign=bottom bgcolor="#E6EFFF"
    style="BORDER-RIGHT: #000000 1px solid; BORDER-TOP: #000000 1px solid; BORDER-LEFT: #000000 1px solid">&nbsp; </TD>
    <TD width="9%" align=center
    vAlign=bottom bgcolor="#E6EFFF"
    style="BORDER-RIGHT: #000000 1px solid; BORDER-TOP: #000000 1px solid; BORDER-LEFT: #000000 1px solid">&nbsp; </TD>
    <TD colspan="2" align=center
    vAlign=bottom bgcolor="#E6EFFF"
    style="BORDER-RIGHT: #000000 1px solid; BORDER-TOP: #000000 1px solid; BORDER-LEFT: #000000 1px solid" width="9%">&nbsp; &nbsp;<B>Non-Equity Incentive
      </B></TD>
    <TD width="9%" align=center
    vAlign=bottom bgcolor="#E6EFFF"
    style="BORDER-RIGHT: #000000 1px solid; BORDER-TOP: #000000 1px solid; BORDER-LEFT: #000000 1px solid">&nbsp; </TD>
    <TD width="9%" align=center
    vAlign=bottom bgcolor="#E6EFFF"
    style="BORDER-RIGHT: #000000 1px solid; BORDER-TOP: #000000 1px solid; BORDER-LEFT: #000000 1px solid">&nbsp; </TD>
  <TD width="9%" align=center
    vAlign=bottom bgcolor="#E6EFFF"
    style="BORDER-RIGHT: #000000 1px solid; BORDER-TOP: #000000 1px solid; BORDER-LEFT: #000000 1px solid">&nbsp; </TD>
                    </tr>
                    <tr>
    <TD align=center
    vAlign=bottom bgcolor="#E6EFFF" style="BORDER-RIGHT: #000000 1px solid; BORDER-LEFT: #000000 1px solid" width="19%">&nbsp; </TD>
    <TD width="9%" align=center
    vAlign=bottom bgcolor="#E6EFFF" style="BORDER-RIGHT: #000000 1px solid; BORDER-LEFT: #000000 1px solid">&nbsp; </TD>
    <TD width="9%" align=center
    vAlign=bottom bgcolor="#E6EFFF" style="BORDER-RIGHT: #000000 1px solid; BORDER-LEFT: #000000 1px solid">&nbsp; </TD>
    <TD width="9%" align=center
    vAlign=bottom bgcolor="#E6EFFF" style="BORDER-RIGHT: #000000 1px solid; BORDER-LEFT: #000000 1px solid">&nbsp; </TD>
    <TD width="9%" align=center
    vAlign=bottom bgcolor="#E6EFFF" style="BORDER-RIGHT: #000000 1px solid; BORDER-LEFT: #000000 1px solid">&nbsp; </TD>
    <TD colspan="2" align=center
    vAlign=bottom bgcolor="#E6EFFF" style="BORDER-RIGHT: #000000 1px solid; BORDER-LEFT: #000000 1px solid" width="9%"><B>Plan Compensation (US$) </B></TD>
    <TD width="9%" align=center
    vAlign=bottom bgcolor="#E6EFFF" style="BORDER-RIGHT: #000000 1px solid; BORDER-LEFT: #000000 1px solid">&nbsp; </TD>
    <TD width="9%" align=center
    vAlign=bottom bgcolor="#E6EFFF" style="BORDER-RIGHT: #000000 1px solid; BORDER-LEFT: #000000 1px solid">&nbsp; </TD>
  <TD width="9%" align=center
    vAlign=bottom bgcolor="#E6EFFF" style="BORDER-RIGHT: #000000 1px solid; BORDER-LEFT: #000000 1px solid">&nbsp; </TD>
                    </tr>
                    <tr>
    <TD align=center
    vAlign=bottom bgcolor="#E6EFFF" style="BORDER-RIGHT: #000000 1px solid; BORDER-LEFT: #000000 1px solid" width="19%">&nbsp; </TD>
    <TD width="9%" align=center
    vAlign=bottom bgcolor="#E6EFFF" style="BORDER-RIGHT: #000000 1px solid; BORDER-LEFT: #000000 1px solid">&nbsp; </TD>
    <TD width="9%" align=center
    vAlign=bottom bgcolor="#E6EFFF" style="BORDER-RIGHT: #000000 1px solid; BORDER-LEFT: #000000 1px solid">&nbsp; </TD>
    <TD width="9%" align=center
    vAlign=bottom bgcolor="#E6EFFF" style="BORDER-RIGHT: #000000 1px solid; BORDER-LEFT: #000000 1px solid">&nbsp; </TD>
    <TD width="9%" align=center
    vAlign=bottom bgcolor="#E6EFFF" style="BORDER-RIGHT: #000000 1px solid; BORDER-LEFT: #000000 1px solid">&nbsp; </TD>
    <TD colspan="2" align=center
    vAlign=bottom bgcolor="#E6EFFF" style="BORDER-RIGHT: 1px solid #000000; BORDER-LEFT: 1px solid #000000; ; border-bottom-style:solid; border-bottom-width:1" width="9%">&nbsp;  </TD>
    <TD width="9%" align=center
    vAlign=bottom bgcolor="#E6EFFF" style="BORDER-RIGHT: #000000 1px solid; BORDER-LEFT: #000000 1px solid">&nbsp; </TD>
    <TD width="9%" align=center
    vAlign=bottom bgcolor="#E6EFFF" style="BORDER-RIGHT: #000000 1px solid; BORDER-LEFT: #000000 1px solid">&nbsp; </TD>
  <TD width="9%" align=center
    vAlign=bottom bgcolor="#E6EFFF" style="BORDER-RIGHT: #000000 1px solid; BORDER-LEFT: #000000 1px solid">&nbsp; </TD>
                    </tr>
                    <tr>
    <TD align=center
    vAlign=bottom bgcolor="#E6EFFF" style="BORDER-RIGHT: #000000 1px solid; BORDER-LEFT: #000000 1px solid" width="19%">&nbsp; </TD>
    <TD width="9%" align=center
    vAlign=bottom bgcolor="#E6EFFF" style="BORDER-RIGHT: #000000 1px solid; BORDER-LEFT: #000000 1px solid">&nbsp; </TD>
    <TD width="9%" align=center
    vAlign=bottom bgcolor="#E6EFFF" style="BORDER-RIGHT: #000000 1px solid; BORDER-LEFT: #000000 1px solid">&nbsp; </TD>
    <TD width="9%" align=center
    vAlign=bottom bgcolor="#E6EFFF" style="BORDER-RIGHT: #000000 1px solid; BORDER-LEFT: #000000 1px solid">&nbsp; </TD>
    <TD width="9%" align=center
    vAlign=bottom bgcolor="#E6EFFF" style="BORDER-RIGHT: #000000 1px solid; BORDER-LEFT: #000000 1px solid">&nbsp; </TD>
    <TD width="9%" align=center
    vAlign=bottom bgcolor="#E6EFFF" style="BORDER-RIGHT: 1px solid #000000; BORDER-LEFT: 1px solid #000000; ; border-top-style:solid; border-top-width:1">&nbsp; </TD>
    <TD width="9%" align=center
    vAlign=bottom bgcolor="#E6EFFF" style="BORDER-RIGHT: 1px solid #000000; BORDER-LEFT: 1px solid #000000; ; border-top-style:solid; border-top-width:1">&nbsp; </TD>
    <TD width="9%" align=center
    vAlign=bottom bgcolor="#E6EFFF" style="BORDER-RIGHT: #000000 1px solid; BORDER-LEFT: #000000 1px solid">&nbsp; </TD>
    <TD width="9%" align=center
    vAlign=bottom bgcolor="#E6EFFF" style="BORDER-RIGHT: #000000 1px solid; BORDER-LEFT: #000000 1px solid">&nbsp; </TD>
  <TD width="9%" align=center
    vAlign=bottom bgcolor="#E6EFFF" style="BORDER-RIGHT: #000000 1px solid; BORDER-LEFT: #000000 1px solid">&nbsp; </TD>
                    </tr>
                    <tr>
    <TD align=center
    vAlign=bottom bgcolor="#E6EFFF" style="BORDER-RIGHT: #000000 1px solid; BORDER-LEFT: #000000 1px solid" width="19%">&nbsp; </TD>
    <TD width="9%" align=center
    vAlign=bottom bgcolor="#E6EFFF" style="BORDER-RIGHT: #000000 1px solid; BORDER-LEFT: #000000 1px solid">&nbsp; </TD>
    <TD width="9%" align=center
    vAlign=bottom bgcolor="#E6EFFF" style="BORDER-RIGHT: #000000 1px solid; BORDER-LEFT: #000000 1px solid"><B>Salary </B></TD>
    <TD width="9%" align=center
    vAlign=bottom bgcolor="#E6EFFF" style="BORDER-RIGHT: #000000 1px solid; BORDER-LEFT: #000000 1px solid"><B>Share-Based </B></TD>
    <TD width="9%" align=center
    vAlign=bottom bgcolor="#E6EFFF" style="BORDER-RIGHT: #000000 1px solid; BORDER-LEFT: #000000 1px solid"><B>Option- Based </B></TD>
    <TD width="9%" align=center
    vAlign=bottom bgcolor="#E6EFFF" style="BORDER-RIGHT: #000000 1px solid; BORDER-LEFT: #000000 1px solid"><B>Annual </B></TD>
    <TD width="9%" align=center
    vAlign=bottom bgcolor="#E6EFFF" style="BORDER-RIGHT: #000000 1px solid; BORDER-LEFT: #000000 1px solid"><B>Long-Term </B></TD>
    <TD width="9%" align=center
    vAlign=bottom bgcolor="#E6EFFF" style="BORDER-RIGHT: #000000 1px solid; BORDER-LEFT: #000000 1px solid"><B>Pension </B></TD>
    <TD width="9%" align=center
    vAlign=bottom bgcolor="#E6EFFF" style="BORDER-RIGHT: #000000 1px solid; BORDER-LEFT: #000000 1px solid"><B>All Other </B></TD>
  <TD width="9%" align=center
    vAlign=bottom bgcolor="#E6EFFF" style="BORDER-RIGHT: #000000 1px solid; BORDER-LEFT: #000000 1px solid"><B>Total </B></TD>
                    </tr>
                    <tr>
    <TD align=center
    vAlign=bottom bgcolor="#E6EFFF" style="BORDER-RIGHT: #000000 1px solid; BORDER-LEFT: #000000 1px solid" width="19%"><B>Name and </B></TD>
    <TD width="9%" align=center
    vAlign=bottom bgcolor="#E6EFFF" style="BORDER-RIGHT: #000000 1px solid; BORDER-LEFT: #000000 1px solid"><B>Year </B></TD>
    <TD width="9%" align=center
    vAlign=bottom bgcolor="#E6EFFF" style="BORDER-RIGHT: #000000 1px solid; BORDER-LEFT: #000000 1px solid">&nbsp; </TD>
    <TD width="9%" align=center
    vAlign=bottom bgcolor="#E6EFFF" style="BORDER-RIGHT: #000000 1px solid; BORDER-LEFT: #000000 1px solid">&nbsp; &nbsp;<B>Awards </B></TD>
    <TD width="9%" align=center
    vAlign=bottom bgcolor="#E6EFFF" style="BORDER-RIGHT: #000000 1px solid; BORDER-LEFT: #000000 1px solid"><B>Awards </B></TD>
    <TD width="9%" align=center
    vAlign=bottom bgcolor="#E6EFFF" style="BORDER-RIGHT: #000000 1px solid; BORDER-LEFT: #000000 1px solid"><B>Incentive </B></TD>
    <TD width="9%" align=center
    vAlign=bottom bgcolor="#E6EFFF" style="BORDER-RIGHT: #000000 1px solid; BORDER-LEFT: #000000 1px solid"><B>Incentive </B></TD>
    <TD width="9%" align=center
    vAlign=bottom bgcolor="#E6EFFF" style="BORDER-RIGHT: #000000 1px solid; BORDER-LEFT: #000000 1px solid"><B>Value </B></TD>
    <TD width="9%" align=center
    vAlign=bottom bgcolor="#E6EFFF" style="BORDER-RIGHT: #000000 1px solid; BORDER-LEFT: #000000 1px solid"><B>Compensation </B></TD>
  <TD width="9%" align=center
    vAlign=bottom bgcolor="#E6EFFF" style="BORDER-RIGHT: #000000 1px solid; BORDER-LEFT: #000000 1px solid"><B>Compensation </B></TD>
                    </tr>
                    <tr>
    <TD align=center
    vAlign=bottom bgcolor="#E6EFFF"
    style="BORDER-RIGHT: #000000 1px solid; BORDER-LEFT: #000000 1px solid; BORDER-BOTTOM: #000000 1px solid" width="19%"><B>Principal Position </B></TD>
    <TD width="9%" align=center
    vAlign=bottom bgcolor="#E6EFFF"
    style="BORDER-RIGHT: #000000 1px solid; BORDER-LEFT: #000000 1px solid; BORDER-BOTTOM: #000000 1px solid">&nbsp; </TD>
    <TD width="9%" align=center
    vAlign=bottom bgcolor="#E6EFFF"
    style="BORDER-RIGHT: #000000 1px solid; BORDER-LEFT: #000000 1px solid; BORDER-BOTTOM: #000000 1px solid"><STRONG>(US$)&nbsp;</STRONG>&nbsp;    </TD>
    <TD width="9%" align=center
    vAlign=bottom bgcolor="#E6EFFF"
    style="BORDER-RIGHT: #000000 1px solid; BORDER-LEFT: #000000 1px solid; BORDER-BOTTOM: #000000 1px solid">&nbsp;<B>(US$)
      </B><STRONG><SUP>(1)(5) </SUP></STRONG></TD>
    <TD width="9%" align=center
    vAlign=bottom bgcolor="#E6EFFF"
    style="BORDER-RIGHT: #000000 1px solid; BORDER-LEFT: #000000 1px solid; BORDER-BOTTOM: #000000 1px solid">&nbsp; &nbsp; &nbsp;<B>(US$)
      <SUP>(2) </SUP></B></TD>
    <TD width="9%" align=center
    vAlign=bottom bgcolor="#E6EFFF"
    style="BORDER-RIGHT: #000000 1px solid; BORDER-LEFT: #000000 1px solid; BORDER-BOTTOM: #000000 1px solid">&nbsp; &nbsp;<B>Plans <SUP>(3)
      </SUP></B></TD>
    <TD width="9%" align=center
    vAlign=bottom bgcolor="#E6EFFF"
    style="BORDER-RIGHT: #000000 1px solid; BORDER-LEFT: #000000 1px solid; BORDER-BOTTOM: #000000 1px solid"><B>Plans </B></TD>
    <TD width="9%" align=center
    vAlign=bottom bgcolor="#E6EFFF"
    style="BORDER-RIGHT: #000000 1px solid; BORDER-LEFT: #000000 1px solid; BORDER-BOTTOM: #000000 1px solid"><B>(US$) </B></TD>
    <TD width="9%" align=center
    vAlign=bottom bgcolor="#E6EFFF"
    style="BORDER-RIGHT: #000000 1px solid; BORDER-LEFT: #000000 1px solid; BORDER-BOTTOM: #000000 1px solid"><B>(US$) <SUP>(4)(5)(6)(7)(8)
      </SUP></B></TD>
  <TD width="9%" align=center
    vAlign=bottom bgcolor="#E6EFFF"
    style="BORDER-RIGHT: #000000 1px solid; BORDER-LEFT: #000000 1px solid; BORDER-BOTTOM: #000000 1px solid"><B>(US$) </B></TD>
                    </tr>
                    <tr style="height:24.85pt">
                        <td style="vertical-align: top; border-bottom: 0.75pt solid rgb(0, 0, 0); border-right: 0.75pt solid rgb(0, 0, 0); padding: 3.22pt 1.78pt; border-top: 0.75pt solid rgb(0, 0, 0);">
                            <p style="margin-bottom:0pt;">Mark S. Chalmers</p>
                            <p style="margin-top:0pt;">President and CEO<sup>(11)(16)</sup></p>
                        </td>
                        <td style="border-style: solid; border-width: 0.75pt; padding: 3.22pt 1.78pt; vertical-align: top; border-color: rgb(0, 0, 0);" width="9%">
                            <p style="margin-bottom:0pt;text-align:center;">2018</p>
                            <p style="margin-top:0pt;margin-bottom:0pt;text-align:center;">2017</p>
                            <p style="margin-top:0pt;text-align:center;">2016</p>
                        </td>
                        <td style="border-style: solid; border-width: 0.75pt; padding: 3.22pt 1.78pt; vertical-align: top; border-color: rgb(0, 0, 0);" width="9%">
                            <p style="margin-bottom:0pt;text-align:right;">350,000</p>
                            <p style="margin-top:0pt;margin-bottom:0pt;text-align:right;">298,606</p>
                            <p style="margin-top:0pt;text-align:right;">145,000</p>
                        </td>
                        <td style="border-style: solid; border-width: 0.75pt; padding: 3.22pt 1.78pt; vertical-align: top; border-color: rgb(0, 0, 0);" width="9%">
                            <p style="margin-bottom:0pt;text-align:right;">525,000</p>
                            <p style="margin-top:0pt;margin-bottom:0pt;text-align:right;">267,126</p>
                            <p style="margin-top:0pt;text-align:right;">102,500</p>
                        </td>
                        <td style="border-style: solid; border-width: 0.75pt; padding: 3.22pt 1.78pt; vertical-align: top; border-color: rgb(0, 0, 0);" width="9%">
                            <p style="margin-bottom:0pt;text-align:right;">1,312,500</p>
                            <p style="margin-top:0pt;margin-bottom:0pt;text-align:right;">Nil</p>
                            <p style="margin-top:0pt;text-align:right;">Nil</p>
                        </td>
                        <td style="border-style: solid; border-width: 0.75pt; padding: 3.22pt 1.78pt; vertical-align: top; border-color: rgb(0, 0, 0);" width="9%">
                            <p style="margin-bottom:0pt;text-align:right;">214,375</p>
                            <p style="margin-top:0pt;margin-bottom:0pt;text-align:right;">113,750</p>
                            <p style="margin-top:0pt;text-align:right;">Nil</p>
                        </td>
                        <td style="border-style: solid; border-width: 0.75pt; padding: 3.22pt 1.78pt; vertical-align: top; border-color: rgb(0, 0, 0);" width="9%">
                            <p style="margin-bottom:0pt;text-align:right;">Nil</p>
                            <p style="margin-top:0pt;margin-bottom:0pt;text-align:right;">Nil</p>
                            <p style="margin-top:0pt;text-align:right;">Nil</p>
                        </td>
                        <td style="border-style: solid; border-width: 0.75pt; padding: 3.22pt 1.78pt; vertical-align: top; border-color: rgb(0, 0, 0);" width="9%">
                            <p style="margin-bottom:0pt;text-align:right;">Nil</p>
                            <p style="margin-top:0pt;margin-bottom:0pt;text-align:right;">Nil</p>
                            <p style="margin-top:0pt;text-align:right;">Nil</p>
                        </td>
                        <td style="border-style: solid; border-width: 0.75pt; padding: 3.22pt 1.78pt; vertical-align: top; border-color: rgb(0, 0, 0);" width="9%">
                            <p style="margin-bottom:0pt;text-align:right;">23,800</p>
                            <p style="margin-top:0pt;margin-bottom:0pt;text-align:right;">45,900</p>
                            <p style="margin-top:0pt;text-align:right;">3,383</p>
                        </td>
                        <td style="vertical-align: top; border-bottom: 0.75pt solid rgb(0, 0, 0); border-left: 0.75pt solid rgb(0, 0, 0); padding: 3.22pt 1.78pt; border-top: 0.75pt solid rgb(0, 0, 0);" width="9%">
                            <p style="margin-bottom:0pt;text-align:right;">2,425,675</p>
                            <p style="margin-top:0pt;margin-bottom:0pt;text-align:right;">725,382</p>
                            <p style="margin-top:0pt;text-align:right;">250,883</p>
                        </td>
                    </tr>
                    <tr style="height:24.85pt">
                        <td style="vertical-align: top; border-bottom: 0.75pt solid rgb(0, 0, 0); border-right: 0.75pt solid rgb(0, 0, 0); padding: 3.22pt 1.78pt; border-top: 0.75pt solid rgb(0, 0, 0);">
                            <p>David C. Frydenlund<br>CFO, General Counsel and Corporate Secretary<sup>(12)(16)</sup></p>
                        </td>
                        <td style="border-style: solid; border-width: 0.75pt; padding: 3.22pt 1.78pt; vertical-align: top; border-color: rgb(0, 0, 0);" width="9%">
                            <p style="margin-bottom:0pt;text-align:center;">2018</p>
                            <p style="margin-top:0pt;margin-bottom:0pt;text-align:center;">2017</p>
                            <p style="margin-top:0pt;text-align:center;">2016</p>
                        </td>
                        <td style="border-style: solid; border-width: 0.75pt; padding: 3.22pt 1.78pt; vertical-align: top; border-color: rgb(0, 0, 0);" width="9%">
                            <p style="margin-bottom:0pt;text-align:right;">270,864</p>
                            <p style="margin-top:0pt;margin-bottom:0pt;text-align:right;">246,240</p>
                            <p style="margin-top:0pt;text-align:right;">245,72</p>
                        </td>
                        <td style="border-style: solid; border-width: 0.75pt; padding: 3.22pt 1.78pt; vertical-align: top; border-color: rgb(0, 0, 0);" width="9%">
                            <p style="margin-bottom:0pt;text-align:right;">325,037</p>
                            <p style="margin-top:0pt;margin-bottom:0pt;text-align:right;">258,047</p>
                            <p style="margin-top:0pt;text-align:right;">195,062</p>
                        </td>
                        <td style="border-style: solid; border-width: 0.75pt; padding: 3.22pt 1.78pt; vertical-align: top; border-color: rgb(0, 0, 0);" width="9%">
                            <p style="margin-bottom:0pt;text-align:right;">487,556</p>
                            <p style="margin-top:0pt;margin-bottom:0pt;text-align:right;">Nil</p>
                            <p style="margin-top:0pt;text-align:right;">Nil</p>
                        </td>
                        <td style="border-style: solid; border-width: 0.75pt; padding: 3.22pt 1.78pt; vertical-align: top; border-color: rgb(0, 0, 0);" width="9%">
                            <p style="margin-bottom:0pt;text-align:right;">132,723</p>
                            <p style="margin-top:0pt;margin-bottom:0pt;text-align:right;">86,184</p>
                            <p style="margin-top:0pt;text-align:right;">Nil</p>
                        </td>
                        <td style="border-style: solid; border-width: 0.75pt; padding: 3.22pt 1.78pt; vertical-align: top; border-color: rgb(0, 0, 0);" width="9%">
                            <p style="margin-bottom:0pt;text-align:right;">Nil</p>
                            <p style="margin-top:0pt;margin-bottom:0pt;text-align:right;">Nil</p>
                            <p style="margin-top:0pt;text-align:right;">Nil</p>
                        </td>
                        <td style="border-style: solid; border-width: 0.75pt; padding: 3.22pt 1.78pt; vertical-align: top; border-color: rgb(0, 0, 0);" width="9%">
                            <p style="margin-bottom:0pt;text-align:right;">Nil</p>
                            <p style="margin-top:0pt;margin-bottom:0pt;text-align:right;">Nil</p>
                            <p style="margin-top:0pt;text-align:right;">Nil</p>
                        </td>
                        <td style="border-style: solid; border-width: 0.75pt; padding: 3.22pt 1.78pt; vertical-align: top; border-color: rgb(0, 0, 0);" width="9%">
                            <p style="margin-bottom:0pt;text-align:right;">Nil</p>
                            <p style="margin-top:0pt;margin-bottom:0pt;text-align:right;">Nil</p>
                            <p style="margin-top:0pt;text-align:right;">9,231</p>
                        </td>
                        <td style="vertical-align: top; border-bottom: 0.75pt solid rgb(0, 0, 0); border-left: 0.75pt solid rgb(0, 0, 0); padding: 3.22pt 1.78pt; border-top: 0.75pt solid rgb(0, 0, 0);" width="9%">
                            <p style="margin-bottom:0pt;text-align:right;">1,216,180</p>
                            <p style="margin-top:0pt;margin-bottom:0pt;text-align:right;">590,471</p>
                            <p style="margin-top:0pt;text-align:right;">450,013</p>
                        </td>
                    </tr>
                    <tr style="height:24.85pt">
                        <td style="vertical-align: top; border-bottom: 0.75pt solid rgb(0, 0, 0); border-right: 0.75pt solid rgb(0, 0, 0); padding: 3.22pt 1.78pt; border-top: 0.75pt solid rgb(0, 0, 0);">
                            <p style="margin-bottom:0pt;">W. Paul Goranson<sup>(13)(16)</sup></p>
                            <p style="margin-top:0pt;">Chief Operating Officer</p>
                        </td>
                        <td style="border-style: solid; border-width: 0.75pt; padding: 3.22pt 1.78pt; vertical-align: top; border-color: rgb(0, 0, 0);" width="9%">
                            <p style="margin-bottom:0pt;text-align:center;">2018</p>
                            <p style="margin-top:0pt;margin-bottom:0pt;text-align:center;">2017</p>
                            <p style="margin-top:0pt;text-align:center;">2016</p>
                        </td>
                        <td style="border-style: solid; border-width: 0.75pt; padding: 3.22pt 1.78pt; vertical-align: top; border-color: rgb(0, 0, 0);" width="9%">
                            <p style="margin-bottom:0pt;text-align:right;">270,864</p>
                            <p style="margin-top:0pt;margin-bottom:0pt;text-align:right;">246,240</p>
                            <p style="margin-top:0pt;text-align:right;">248,292</p>
                        </td>
                        <td style="border-style: solid; border-width: 0.75pt; padding: 3.22pt 1.78pt; vertical-align: top; border-color: rgb(0, 0, 0);" width="9%">
                            <p style="margin-bottom:0pt;text-align:right;">325,037</p>
                            <p style="margin-top:0pt;margin-bottom:0pt;text-align:right;">226,116</p>
                            <p style="margin-top:0pt;text-align:right;">195,062</p>
                        </td>
                        <td style="border-style: solid; border-width: 0.75pt; padding: 3.22pt 1.78pt; vertical-align: top; border-color: rgb(0, 0, 0);" width="9%">
                            <p style="margin-bottom:0pt;text-align:right;">487,556</p>
                            <p style="margin-top:0pt;margin-bottom:0pt;text-align:right;">Nil</p>
                            <p style="margin-top:0pt;text-align:right;">Nil</p>
                        </td>
                        <td style="border-style: solid; border-width: 0.75pt; padding: 3.22pt 1.78pt; vertical-align: top; border-color: rgb(0, 0, 0);" width="9%">
                            <p style="margin-bottom:0pt;text-align:right;">132,723</p>
                            <p style="margin-top:0pt;margin-bottom:0pt;text-align:right;">86,184</p>
                            <p style="margin-top:0pt;text-align:right;">Nil</p>
                        </td>
                        <td style="border-style: solid; border-width: 0.75pt; padding: 3.22pt 1.78pt; vertical-align: top; border-color: rgb(0, 0, 0);" width="9%">
                            <p style="margin-bottom:0pt;text-align:right;">Nil</p>
                            <p style="margin-top:0pt;margin-bottom:0pt;text-align:right;">Nil</p>
                            <p style="margin-top:0pt;text-align:right;">Nil</p>
                        </td>
                        <td style="border-style: solid; border-width: 0.75pt; padding: 3.22pt 1.78pt; vertical-align: top; border-color: rgb(0, 0, 0);" width="9%">
                            <p style="margin-bottom:0pt;text-align:right;">Nil</p>
                            <p style="margin-top:0pt;margin-bottom:0pt;text-align:right;">Nil</p>
                            <p style="margin-top:0pt;text-align:right;">Nil</p>
                        </td>
                        <td style="border-style: solid; border-width: 0.75pt; padding: 3.22pt 1.78pt; vertical-align: top; border-color: rgb(0, 0, 0);" width="9%">
                            <p style="margin-bottom:0pt;text-align:right;">15,025</p>
                            <p style="margin-top:0pt;margin-bottom:0pt;text-align:right;">14,150</p>
                            <p style="margin-top:0pt;text-align:right;">69,749</p>
                        </td>
                        <td style="vertical-align: top; border-bottom: 0.75pt solid rgb(0, 0, 0); border-left: 0.75pt solid rgb(0, 0, 0); padding: 3.22pt 1.78pt; border-top: 0.75pt solid rgb(0, 0, 0);" width="9%">
                            <p style="margin-bottom:0pt;text-align:right;">1,231,205</p>
                            <p style="margin-top:0pt;margin-bottom:0pt;text-align:right;">572,690</p>
                            <p style="margin-top:0pt;text-align:right;">513,103</p>
                        </td>
                    </tr>
                    <tr style="height:24.85pt">
                        <td style="vertical-align: top; border-bottom: 0.75pt solid rgb(0, 0, 0); border-right: 0.75pt solid rgb(0, 0, 0); padding: 3.22pt 1.78pt; border-top: 0.75pt solid rgb(0, 0, 0);">
                            <p style="margin-bottom:0pt;">Daniel G. Zang<sup>(14)</sup></p>
                            <p style="margin-top:0pt;">Former CFO</p>
                        </td>
                        <td style="border-style: solid; border-width: 0.75pt; padding: 3.22pt 1.78pt; vertical-align: top; border-color: rgb(0, 0, 0);" width="9%">
                            <p style="margin-bottom:0pt;text-align:center;">2018</p>
                            <p style="margin-top:0pt;margin-bottom:0pt;text-align:center;">2017</p>
                            <p style="margin-top:0pt;text-align:center;">2016</p>
                        </td>
                        <td style="border-style: solid; border-width: 0.75pt; padding: 3.22pt 1.78pt; vertical-align: top; border-color: rgb(0, 0, 0);" width="9%">
                            <p style="margin-bottom:0pt;text-align:right;">53,512</p>
                            <p style="margin-top:0pt;margin-bottom:0pt;text-align:right;">246,240</p>
                            <p style="margin-top:0pt;text-align:right;">245,720</p>
                        </td>
                        <td style="border-style: solid; border-width: 0.75pt; padding: 3.22pt 1.78pt; vertical-align: top; border-color: rgb(0, 0, 0);" width="9%">
                            <p style="margin-bottom:0pt;text-align:right;">Nil</p>
                            <p style="margin-top:0pt;margin-bottom:0pt;text-align:right;">255,240</p>
                            <p style="margin-top:0pt;text-align:right;">195,062</p>
                        </td>
                        <td style="border-style: solid; border-width: 0.75pt; padding: 3.22pt 1.78pt; vertical-align: top; border-color: rgb(0, 0, 0);" width="9%">
                            <p style="margin-bottom:0pt;text-align:right;">Nil</p>
                            <p style="margin-top:0pt;margin-bottom:0pt;text-align:right;">Nil</p>
                            <p style="margin-top:0pt;text-align:right;">Nil</p>
                        </td>
                        <td style="border-style: solid; border-width: 0.75pt; padding: 3.22pt 1.78pt; vertical-align: top; border-color: rgb(0, 0, 0);" width="9%">
                            <p style="margin-bottom:0pt;text-align:right;">Nil</p>
                            <p style="margin-top:0pt;margin-bottom:0pt;text-align:right;">86,184</p>
                            <p style="margin-top:0pt;text-align:right;">Nil</p>
                        </td>
                        <td style="border-style: solid; border-width: 0.75pt; padding: 3.22pt 1.78pt; vertical-align: top; border-color: rgb(0, 0, 0);" width="9%">
                            <p style="margin-bottom:0pt;text-align:right;">Nil</p>
                            <p style="margin-top:0pt;margin-bottom:0pt;text-align:right;">Nil</p>
                            <p style="margin-top:0pt;text-align:right;">Nil</p>
                        </td>
                        <td style="border-style: solid; border-width: 0.75pt; padding: 3.22pt 1.78pt; vertical-align: top; border-color: rgb(0, 0, 0);" width="9%">
                            <p style="margin-bottom:0pt;text-align:right;">Nil</p>
                            <p style="margin-top:0pt;margin-bottom:0pt;text-align:right;">Nil</p>
                            <p style="margin-top:0pt;text-align:right;">Nil</p>
                        </td>
                        <td style="border-style: solid; border-width: 0.75pt; padding: 3.22pt 1.78pt; vertical-align: top; border-color: rgb(0, 0, 0);" width="9%">
                            <p style="margin-bottom:0pt;text-align:right;">272,730</p>
                            <p style="margin-top:0pt;margin-bottom:0pt;text-align:right;">10,800</p>
                            <p style="margin-top:0pt;text-align:right;">19,066</p>
                        </td>
                        <td style="vertical-align: top; border-bottom: 0.75pt solid rgb(0, 0, 0); border-left: 0.75pt solid rgb(0, 0, 0); padding: 3.22pt 1.78pt; border-top: 0.75pt solid rgb(0, 0, 0);" width="9%">
                            <p style="margin-bottom:0pt;text-align:right;">326,242</p>
                            <p style="margin-top:0pt;margin-bottom:0pt;text-align:right;">598,464</p>
                            <p style="margin-top:0pt;text-align:right;">459.848</p>
                        </td>
                    </tr>
                    <tr style="height:24.85pt">
                        <td style="vertical-align: top; border-bottom: 0.75pt solid rgb(0, 0, 0); border-right: 0.75pt solid rgb(0, 0, 0); padding: 3.22pt 1.78pt; border-top: 0.75pt solid rgb(0, 0, 0);">
                            <p style="margin-bottom:0pt;">John H. White<sup>(15)</sup></p>
                            <p style="margin-top:0pt;">Former Vice President, Technical Services of Energy Fuels Resources (USA) Inc.</p>
                        </td>
                        <td style="border-style: solid; border-width: 0.75pt; padding: 3.22pt 1.78pt; vertical-align: top; border-color: rgb(0, 0, 0);" width="9%">
                            <p style="margin-bottom:0pt;text-align:center;">2018</p>
                            <p style="margin-top:0pt;margin-bottom:0pt;text-align:center;">2017</p>
                            <p style="margin-top:0pt;text-align:center;">2016</p>
                        </td>
                        <td style="border-style: solid; border-width: 0.75pt; padding: 3.22pt 1.78pt; vertical-align: top; border-color: rgb(0, 0, 0);" width="9%">
                            <p style="margin-bottom:0pt;text-align:right;">190,312</p>
                            <p style="margin-top:0pt;margin-bottom:0pt;text-align:right;">185,706</p>
                            <p style="margin-top:0pt;text-align:right;">185,296</p>
                        </td>
                        <td style="border-style: solid; border-width: 0.75pt; padding: 3.22pt 1.78pt; vertical-align: top; border-color: rgb(0, 0, 0);" width="9%">
                            <p style="margin-bottom:0pt;text-align:right;">76,214</p>
                            <p style="margin-top:0pt;margin-bottom:0pt;text-align:right;">74,282</p>
                            <p style="margin-top:0pt;text-align:right;">72,400</p>
                        </td>
                        <td style="border-style: solid; border-width: 0.75pt; padding: 3.22pt 1.78pt; vertical-align: top; border-color: rgb(0, 0, 0);" width="9%">
                            <p style="margin-bottom:0pt;text-align:right;">38,107</p>
                            <p style="margin-top:0pt;margin-bottom:0pt;text-align:right;">Nil</p>
                            <p style="margin-top:0pt;text-align:right;">Nil</p>
                        </td>
                        <td style="border-style: solid; border-width: 0.75pt; padding: 3.22pt 1.78pt; vertical-align: top; border-color: rgb(0, 0, 0);" width="9%">
                            <p style="margin-bottom:0pt;text-align:right;">14,290</p>
                            <p style="margin-top:0pt;margin-bottom:0pt;text-align:right;">27,856</p>
                            <p style="margin-top:0pt;text-align:right;">6,964</p>
                        </td>
                        <td style="border-style: solid; border-width: 0.75pt; padding: 3.22pt 1.78pt; vertical-align: top; border-color: rgb(0, 0, 0);" width="9%">
                            <p style="margin-bottom:0pt;text-align:right;">Nil</p>
                            <p style="margin-top:0pt;margin-bottom:0pt;text-align:right;">Nil</p>
                            <p style="margin-top:0pt;text-align:right;">Nil</p>
                        </td>
                        <td style="border-style: solid; border-width: 0.75pt; padding: 3.22pt 1.78pt; vertical-align: top; border-color: rgb(0, 0, 0);" width="9%">
                            <p style="margin-bottom:0pt;text-align:right;">Nil</p>
                            <p style="margin-top:0pt;margin-bottom:0pt;text-align:right;">Nil</p>
                            <p style="margin-top:0pt;text-align:right;">Nil</p>
                        </td>
                        <td style="border-style: solid; border-width: 0.75pt; padding: 3.22pt 1.78pt; vertical-align: top; border-color: rgb(0, 0, 0);" width="9%">
                            <p style="margin-bottom:0pt;text-align:right;">Nil</p>
                            <p style="margin-top:0pt;margin-bottom:0pt;text-align:right;">Nil</p>
                            <p style="margin-top:0pt;text-align:right;">Nil</p>
                        </td>
                        <td style="vertical-align: top; border-bottom: 0.75pt solid rgb(0, 0, 0); border-left: 0.75pt solid rgb(0, 0, 0); padding: 3.22pt 1.78pt; border-top: 0.75pt solid rgb(0, 0, 0);" width="9%">
                            <p style="margin-bottom:0pt;text-align:right;">318,923</p>
                            <p style="margin-top:0pt;margin-bottom:0pt;text-align:right;">287,844</p>
                            <p style="margin-top:0pt;text-align:right;">264,660</p>
                        </td>
                    </tr>
                    <tr style="height:24.85pt">
                        <td style="padding: 3.22pt 1.78pt; vertical-align: top; border-top: 0.75pt solid rgb(0, 0, 0); border-right: 0.75pt solid rgb(0, 0, 0);">
                            <p>Curtis H. Moore, Vice President, Marketing and Corporate Development</p>
                        </td>
                        <td style="vertical-align: top; border-left: 0.75pt solid rgb(0, 0, 0); border-right: 0.75pt solid rgb(0, 0, 0); padding: 3.22pt 1.78pt; border-top: 0.75pt solid rgb(0, 0, 0);" width="9%">
                            <p style="margin-bottom:0pt;text-align:center;">2018</p>
                            <p style="margin-top:0pt;margin-bottom:0pt;text-align:center;">2017</p>
                            <p style="margin-top:0pt;text-align:center;">2016</p>
                        </td>
                        <td style="vertical-align: top; border-left: 0.75pt solid rgb(0, 0, 0); border-right: 0.75pt solid rgb(0, 0, 0); padding: 3.22pt 1.78pt; border-top: 0.75pt solid rgb(0, 0, 0);" width="9%">
                            <p style="margin-bottom:0pt;text-align:right;">178,427</p>
                            <p style="margin-top:0pt;margin-bottom:0pt;text-align:right;">174,290</p>
                            <p style="margin-top:0pt;text-align:right;">173,514</p>
                        </td>
                        <td style="vertical-align: top; border-left: 0.75pt solid rgb(0, 0, 0); border-right: 0.75pt solid rgb(0, 0, 0); padding: 3.22pt 1.78pt; border-top: 0.75pt solid rgb(0, 0, 0);" width="9%">
                            <p style="margin-bottom:0pt;text-align:right;">71,529</p>
                            <p style="margin-top:0pt;margin-bottom:0pt;text-align:right;">69,716</p>
                            <p style="margin-top:0pt;text-align:right;">73,533</p>
                        </td>
                        <td style="vertical-align: top; border-left: 0.75pt solid rgb(0, 0, 0); border-right: 0.75pt solid rgb(0, 0, 0); padding: 3.22pt 1.78pt; border-top: 0.75pt solid rgb(0, 0, 0);" width="9%">
                            <p style="margin-bottom:0pt;text-align:right;">82,973</p>
                            <p style="margin-top:0pt;margin-bottom:0pt;text-align:right;">Nil</p>
                            <p style="margin-top:0pt;text-align:right;">Nil</p>
                        </td>
                        <td style="vertical-align: top; border-left: 0.75pt solid rgb(0, 0, 0); border-right: 0.75pt solid rgb(0, 0, 0); padding: 3.22pt 1.78pt; border-top: 0.75pt solid rgb(0, 0, 0);" width="9%">
                            <p style="margin-bottom:0pt;text-align:right;">26,823</p>
                            <p style="margin-top:0pt;margin-bottom:0pt;text-align:right;">29,628</p>
                            <p style="margin-top:0pt;text-align:right;">29,700</p>
                        </td>
                        <td style="vertical-align: top; border-left: 0.75pt solid rgb(0, 0, 0); border-right: 0.75pt solid rgb(0, 0, 0); padding: 3.22pt 1.78pt; border-top: 0.75pt solid rgb(0, 0, 0);" width="9%">
                            <p style="margin-bottom:0pt;text-align:right;">Nil</p>
                            <p style="margin-top:0pt;margin-bottom:0pt;text-align:right;">Nil</p>
                            <p style="margin-top:0pt;text-align:right;">Nil</p>
                        </td>
                        <td style="vertical-align: top; border-left: 0.75pt solid rgb(0, 0, 0); border-right: 0.75pt solid rgb(0, 0, 0); padding: 3.22pt 1.78pt; border-top: 0.75pt solid rgb(0, 0, 0);" width="9%">
                            <p style="margin-bottom:0pt;text-align:right;">Nil</p>
                            <p style="margin-top:0pt;margin-bottom:0pt;text-align:right;">Nil</p>
                            <p style="margin-top:0pt;text-align:right;">Nil</p>
                        </td>
                        <td style="vertical-align: top; border-left: 0.75pt solid rgb(0, 0, 0); border-right: 0.75pt solid rgb(0, 0, 0); padding: 3.22pt 1.78pt; border-top: 0.75pt solid rgb(0, 0, 0);" width="9%">
                            <p style="margin-bottom:0pt;text-align:right;">10,210</p>
                            <p style="margin-top:0pt;margin-bottom:0pt;text-align:right;">Nil</p>
                            <p style="margin-top:0pt;text-align:right;">Nil</p>
                        </td>
                        <td style="padding: 3.22pt 1.78pt; vertical-align: top; border-top: 0.75pt solid rgb(0, 0, 0); border-left: 0.75pt solid rgb(0, 0, 0);" width="9%">
                            <p style="margin-bottom:0pt;text-align:right;">369,962</p>
                            <p style="margin-top:0pt;margin-bottom:0pt;text-align:right;">273,634</p>
                            <p style="margin-top:0pt;text-align:right;">276,747</p>
                        </td>
                    </tr>

            </table>
<P align=justify>Notes: </P>
<TABLE
style="BORDER-COLOR: black; FONT-SIZE: 10pt; BORDER-COLLAPSE: collapse; "
cellSpacing=0 cellPadding=0 width="100%" border=0 BCLLIST>

  <TR>
    <TD width="5%" >&nbsp;</TD>
    <TD vAlign=top width="5%"><SUP>(1) </SUP></TD>
    <TD>
      <P align=justify>The share-based awards were comprised of RSUs, which were
      granted for 2016, 2017 and 2018. The fair value of each RSU award granted
      was calculated as the higher of (a) the closing trading price on the NYSE
      American on the last trading day prior to the date of grant of the RSU, or
      (b) the volume weighted average trading price on the NYSE American for the
      five trading days ending on the last trading day prior to the date of
      grant of the RSU. For 2016 and 2017, the amounts reflect the value of RSUs
      granted in those years for performance in those years. With the
      implementation of the Corporation&#146;s LTIP in January 2018, the amounts for
      2018 reflect the value of RSUs granted in January 2019 for performance in
      2018.</P></TD></TR>
  <TR>
    <TD width="5%">&nbsp;</TD>
    <TD vAlign=top width="5%"><SUP>(2) </SUP></TD>
    <TD>
      <P align=justify>Option-based awards granted for 2018 were in the form of
      SARs granted in January 2019 for performance in 2018. Each SAR granted for
      2018 entitles the holder, on exercise, to a payment in cash or shares (at
      the election of the Corporation) equal to the difference between the
      market price of the Common Shares at the time of exercise and $2.92 (the
      market price at the time of grant) over a five- year period, but vest only
      upon the achievement of the following performance goals: as to one-third
      of the SARs granted upon the VWAP of the Common Shares on the NYSE
      American equalling or exceeding US$5.00 for any continuous 90-calendar day
      period; as to an additional one-third of the SARs granted, upon the VWAP
      of the Corporation&#146;s common shares on the NYSE American equalling or
      exceeding US$7.00 for any continuous 90 calendar-day period; and as to the
      final one-third of the SARs granted, upon the VWAP of the Corporation&#146;s
      common shares on the NYSE American equalling or exceeding US$10.00 for any
      continuous 90 calendar-day period. Further, notwithstanding the foregoing
      vesting schedule, no SARs may be exercised by the holder for an initial
      period of one year from the Date of Grant; the date first exercisable
      being January 22, 2020. The fair value of the SARs was determined by a
      third-party valuation firm to be US$1.25 per SAR, based on a Monte Carlo
      simulation.</P></TD></TR>
  <TR>
    <TD width="5%">&nbsp;</TD>
    <TD vAlign=top width="5%"><SUP>(3) </SUP></TD>
    <TD>
      <P align=justify>Cash bonuses earned in a year are based on the
      performance during that year in accordance with the Corporation&#146;s STIP, as
      determined and paid in January of the following year. The amounts
      reflected in this table are the cash bonuses earned in the year shown,
      notwithstanding that they were paid in January of the following
    year.</P></TD></TR>
  <TR>
    <TD width="5%">&nbsp;</TD>
    <TD vAlign=top width="5%"><SUP>(4) </SUP></TD>
    <TD>
      <P align=justify>These amounts include retirement savings benefits
      contributed by the Corporation under the Corporation&#146;s 401k
plan.</P></TD></TR>
  <TR>
    <TD width="5%">&nbsp;</TD>
    <TD vAlign=top width="5%"><SUP>(5) </SUP></TD>
    <TD>
      <P align=justify>In 2018, Mr. Antony was paid a third and final
      installment of his succession bonus upon his retirement from the
      Corporation effective January 31, 2018 of $150,000 in cash and $375,000
      paid in RSUs in lieu of cash. In 2017, Mr. Antony was paid a succession
      bonus upon the appointment of Mr. Chalmers as President and Chief
      Operating Officer effective July 1, 2017 of US$150,000 in cash and
      US$375,000 paid in RSUs in lieu of cash. In 2016, Mr. Antony was paid a
      succession bonus upon the appointment of Mr. Chalmers as COO effective
      July 1, 2016 of US$150,000 in cash and US$375,000 paid in RSUs in lieu of
      cash.</P></TD></TR>
  <TR>
    <TD width="5%">&nbsp;</TD>
    <TD vAlign=top width="5%"><SUP>(6) </SUP></TD>
    <TD>
      <P align=justify>Includes US$58,055 in compensation to Mr. Goranson in
      2017 related to relocation.</P></TD></TR></TABLE>
<P align=center>34 </P>
<HR style="PAGE-BREAK-AFTER: always" align=center width="100%" color=black
noShade SIZE=5>
<A name=page_42></A><BR>
<TABLE
style="BORDER-COLOR: black; FONT-SIZE: 10pt; BORDER-COLLAPSE: collapse; "
cellSpacing=0 cellPadding=0 width="100%" border=0 BCLLIST>

  <TR>
    <TD vAlign=top width="5%">&nbsp;</TD>
    <TD vAlign=top width="5%"><SUP>(7) </SUP></TD>
    <TD>
      <P align=justify>Includes US$42,161 in compensation to Mr. Antony in 2018
      related to the receipt of a company vehicle transferred to him upon his
      termination.</P></TD></TR>
  <TR>
    <TD vAlign=top width="5%">&nbsp;</TD>
    <TD vAlign=top width="5%"><SUP>(8) </SUP></TD>
    <TD>
      <P align=justify>Includes payout in 2016 of all accrued vacation pay, as a
      result of a reduction in the amount of vacation permitted to be
      accrued.</P></TD></TR>
  <TR>
    <TD vAlign=top width="5%">&nbsp;</TD>
    <TD vAlign=top width="5%"><SUP>(9) </SUP></TD>
    <TD>
      <P align=justify>Mr. Antony was President and CEO until Mr. Mark S.
      Chalmers was appointed President and COO effective July 1, 2017, after
      which time Mr. Antony continued as CEO. Mr. Antony retired from his
      position as CEO effective January 31, 2018, and Mr. Chalmers took over the
      position effective February 1, 2018.</P></TD></TR>
  <TR>
    <TD vAlign=top width="5%">&nbsp;</TD>
    <TD vAlign=top width="5%"><SUP>(10) </SUP></TD>
    <TD>
      <P align=justify>Mr. Antony deferred US$66,690 of compensation earned in
      2017 until January 2018.</P></TD></TR>
  <TR>
    <TD vAlign=top width="5%">&nbsp;</TD>
    <TD vAlign=top width="5%"><SUP>(11) </SUP></TD>
    <TD>
      <P align=justify>Mr. Chalmers joined the Corporation as COO on July 1,
      2016, was promoted to President and COO effective July 1, 2017 and to
      President and CEO effective February 1, 2018, upon the retirement of
      Stephen P. Antony as CEO of the Corporation on January 31, 2018.</P></TD></TR>
  <TR>
    <TD vAlign=top width="5%">&nbsp;</TD>
    <TD vAlign=top width="5%"><SUP>(12) </SUP></TD>
    <TD>
      <P align=justify>Mr. Frydenlund was appointed to the office of CFO,
      General Counsel and Corporate Secretary effective March 2, 2018. Previous
      to such appointment, Mr. Frydenlund held the position of Senior Vice
      President, General Counsel and Corporate Secretary.</P></TD></TR>
  <TR>
    <TD vAlign=top width="5%">&nbsp;</TD>
    <TD vAlign=top width="5%"><SUP>(13) </SUP></TD>
    <TD>
      <P align=justify>Mr. Goranson was appointed as Executive Vice President,
      ISR Operations effective June 18, 2015, as Executive Vice President,
      Operations effective February 1, 2017 and as COO effective February 14,
      2018. From December 2, 2013 to June 18, 2015, Mr. Goranson was President
      of Uranerz, which became a wholly owned subsidiary of the Corporation on
      June 18, 2015. Amounts shown do not include amounts paid to Mr. Goranson
      by Uranerz prior to June 18, 2015.</P></TD></TR>
  <TR>
    <TD vAlign=top width="5%">&nbsp;</TD>
    <TD vAlign=top width="5%"><SUP>(14) </SUP></TD>
    <TD>
      <P align=justify>Mr. Zang ceased being CFO effective March 1,
  2018.</P></TD></TR>
  <TR>
    <TD vAlign=top width="5%">&nbsp;</TD>
    <TD vAlign=top width="5%"><SUP>(15) </SUP></TD>
    <TD>
      <P align=justify>Mr. White was appointed Vice President, Technical
      Services of the Corporation&#146;s subsidiary Energy Fuels Resources (USA) Inc.
      on August 3, 2015 and resigned from that position on February 28,
    2019.</P></TD></TR>
  <TR>
    <TD vAlign=top width="5%">&nbsp;</TD>
    <TD vAlign=top width="5%"><SUP>(16) </SUP></TD>
    <TD>
      <P align=justify>Includes compensation related to automotive vehicles
      provided to certain qualifying executives.</P></TD></TR></TABLE>
<P align=justify><B>Incentive Plan Awards </B></P>
<P align=justify>The table below shows the number of Options and RSUs
outstanding for each NEO and their value as at December 31, 2018 based on the
last trade of Common Shares on the NYSE American prior to the close of business
on December 31, 2018 of US$2.85.</P>
<P align=justify><U>Outstanding Share-Based Awards and Option-Based Awards
</U></P>
<DIV>
<TABLE
style="BORDER-COLOR: black; FONT-SIZE: 10pt; BORDER-COLLAPSE: collapse; "
borderColor=#000000 cellSpacing=0 cellPadding=3 width="100%" border=1>

  <TR vAlign=top>
    <TD align=center vAlign=center bgcolor="#E6EFFF"><B>Name </B></TD>
    <TD width="12%" align=center vAlign=center bgcolor="#E6EFFF"><B>Number of
      </B><BR>
      <B>Securities </B><BR><B>Underlying </B><B>Unexercised
      </B><BR><B>Options </B><STRONG><SUP>(1) </SUP></STRONG></TD>
    <TD width="12%" align=center vAlign=center bgcolor="#E6EFFF"><B>Option <BR>
    </B><B>Exercise
      <BR></B><B>Price <BR></B><B>(US$) <SUP>(1)(2) </SUP></B></TD>
    <TD width="12%" align=center vAlign=center bgcolor="#E6EFFF"><B>Option <BR>
    </B><B>Expiration
      <BR></B><B>Date </B></TD>
    <TD width="12%" align=center vAlign=center bgcolor="#E6EFFF"><B>Value of
      <BR>
    </B><B>Unexercised <BR></B><B>In-the- <BR></B><B>Money
      <BR></B><B>Options <BR></B><B>(US$) </B></TD>
    <TD width="12%" align=center vAlign=center bgcolor="#E6EFFF"><B>Number of <BR>
    </B><B>Shares
      or Units <BR></B><B>of Shares that <BR></B><B>Have Not <BR></B><B>Vested
      <BR></B><B>(#)</B><B><SUP>(3) </SUP></B></TD>
    <TD width="12%" align=center vAlign=center bgcolor="#E6EFFF"><B>Market or <BR>
    </B><B>Payout
      Value of </B><B><BR>Share-Based <BR></B><B>Awards that <BR></B><B>Have Not
      Vested <BR></B><B>(US$) </B></TD>
    <TD width="12%" align=center vAlign=center bgcolor="#E6EFFF"><B>Market or <BR>
    </B><B>Payout
      Value of </B><B><BR>Vested Share- <BR></B><B>Based Awards <BR></B><B>Not
      Paid Out or </B><B><BR>Distributed <BR></B><B>(US$) </B></TD></TR>
  <TR vAlign=top>
    <TD align=left>Stephen P. <BR>Antony<SUP>(4) </SUP></TD>
    <TD vAlign=center align=right width="12%">Nil </TD>
    <TD vAlign=center align=right width="12%">Nil </TD>
    <TD vAlign=center align=right width="12%">Nil </TD>
    <TD vAlign=center align=right width="12%">Nil </TD>
    <TD vAlign=center align=right width="12%">Nil </TD>
    <TD vAlign=center align=right width="12%">Nil </TD>
    <TD vAlign=center align=right width="12%">Nil </TD></TR>
  <TR vAlign=top>
    <TD align=left>Mark S. <BR>Chalmers<SUP>(5) </SUP></TD>
    <TD vAlign=center align=right width="12%">Nil </TD>
    <TD vAlign=center align=right width="12%">Nil </TD>
    <TD vAlign=center align=right width="12%">Nil </TD>
    <TD vAlign=center align=right width="12%">Nil </TD>
    <TD vAlign=center align=right width="12%">Nil </TD>
    <TD vAlign=center align=right width="12%">Nil </TD>
    <TD vAlign=center align=right width="12%">Nil </TD></TR>
  <TR vAlign=top>
    <TD align=left>David C. <BR>Frydenlund<SUP>(6) </SUP></TD>
    <TD vAlign=center align=right width="12%">Nil </TD>
    <TD vAlign=center align=right width="12%">Nil </TD>
    <TD vAlign=center align=right width="12%">Nil </TD>
    <TD vAlign=center align=right width="12%">Nil </TD>
    <TD vAlign=center align=right width="12%">Nil </TD>
    <TD vAlign=center align=right width="12%">Nil </TD>
    <TD vAlign=center align=right width="12%">Nil </TD></TR>
  <TR vAlign=top>
    <TD align=left>W. Paul <BR>Goranson<SUP>(7) </SUP></TD>
    <TD vAlign=center align=right width="12%">63,750 <BR>18,615 </TD>
    <TD vAlign=center align=right width="12%">4.16 <BR>4.48 </TD>
    <TD vAlign=center align=right width="12%">12/1/2023 <BR>6/16/2025 </TD>
    <TD vAlign=center align=right width="12%">Nil <BR></TD>
    <TD vAlign=center align=right width="12%"><BR>Nil </TD>
    <TD vAlign=center align=right width="12%"><BR>Nil </TD>
    <TD vAlign=center align=right width="12%"><BR>Nil </TD></TR>
  <TR vAlign=top>
    <TD align=left>Daniel G. <BR>Zang<SUP>(8) </SUP></TD>
    <TD vAlign=center align=right width="12%">Nil </TD>
    <TD vAlign=center align=right width="12%">Nil </TD>
    <TD vAlign=center align=right width="12%">Nil </TD>
    <TD vAlign=center align=right width="12%">Nil </TD>
    <TD vAlign=center align=right width="12%">Nil </TD>
    <TD vAlign=center align=right width="12%">Nil </TD>
    <TD vAlign=center align=right width="12%">Nil </TD></TR>
  <TR vAlign=top>
    <TD align=left>John H. <BR>White<SUP>(9) </SUP></TD>
    <TD vAlign=center align=right width="12%">Nil </TD>
    <TD vAlign=center align=right width="12%">Nil </TD>
    <TD vAlign=center align=right width="12%">Nil </TD>
    <TD vAlign=center align=right width="12%">Nil </TD>
    <TD vAlign=center align=right width="12%">Nil </TD>
    <TD vAlign=center align=right width="12%">Nil </TD>
    <TD vAlign=center align=right width="12%">Nil </TD></TR>
  <TR vAlign=top>
    <TD align=left>Curtis H. <BR>Moore </TD>
    <TD vAlign=center align=right width="12%">5,000 </TD>
    <TD vAlign=center align=right width="12%">6.63 </TD>
    <TD vAlign=center align=right width="12%">1/23/2019 </TD>
    <TD vAlign=center align=right width="12%">Nil </TD>
    <TD vAlign=center align=right width="12%">Nil </TD>
    <TD vAlign=center align=right width="12%">Nil </TD>
    <TD vAlign=center align=right width="12%">Nil </TD></TR></TABLE></DIV>
<P align=justify>Notes: </P>
<TABLE
style="BORDER-COLOR: black; FONT-SIZE: 10pt; BORDER-COLLAPSE: collapse; "
cellSpacing=0 cellPadding=0 width="100%" border=0 BCLLIST>

  <TR>
    <TD width="5%"  >&nbsp;</TD>
    <TD vAlign=top width="5%">(1) </TD>
    <TD>
      <P align=justify>The number of Options and the exercise price of the
      Options have been adjusted to take into account the Consolidation of the
      Corporation&#146;s shares that took place in 2013.</P></TD></TR>
  <TR>
    <TD width="5%" >&nbsp;</TD>
    <TD vAlign=top width="5%">(2) </TD>
    <TD>
      <P align=justify>The Options were granted and are reported in Canadian
      dollars and were translated into U.S. dollars at the December 31, 2018
      foreign exchange rate of 1 Cdn.$ = $0.7330 US
dollar.</P></TD></TR></TABLE>
<P align=center>35 </P>
<HR style="PAGE-BREAK-AFTER: always" align=center width="100%" color=black
noShade SIZE=5>
<A name=page_43></A><BR>
<TABLE
style="BORDER-COLOR: black; FONT-SIZE: 10pt; BORDER-COLLAPSE: collapse; "
cellSpacing=0 cellPadding=0 width="100%" border=0 BCLLIST>

  <TR>
    <TD width="5%"  >&nbsp;</TD>
    <TD vAlign=top width="5%">(3) </TD>
    <TD>
      <P align=justify>The share-based awards were comprised of RSUs, which were
      granted during 2017 and 2018. One half of the RSUs vest on the first
      anniversary of the date of grant, another 25% will vest on the second
      anniversary of the date of grant and the remaining 25% will vest on the
      third anniversary of the date of grant. Upon vesting, each RSU entitles
      the holder thereof to one Common Share without the payment of any
      additional consideration.</P></TD></TR>
  <TR>
    <TD width="5%" >&nbsp;</TD>
    <TD vAlign=top width="5%">(4) </TD>
    <TD>
      <P align=justify>Mr. Antony was President and CEO until Mr. Mark S.
      Chalmers was appointed President and COO effective July 1, 2017, after
      which time Mr. Antony continued as CEO. Mr. Antony retired from his
      position as CEO effective January 31, 2018, and Mr. Chalmers took over the
      position effective February 1, 2018.</P></TD></TR>
  <TR>
    <TD width="5%" >&nbsp;</TD>
    <TD vAlign=top width="5%">(5) </TD>
    <TD>
      <P align=justify>Mr. Chalmers joined the Corporation as COO on July 1,
      2016, was promoted to President and COO effective July 1, 2017 and to
      President and CEO effective February 1, 2018, upon the retirement of
      Stephen P. Antony as CEO of the Corporation on January 31, 2018.</P></TD></TR>
  <TR>
    <TD width="5%" >&nbsp;</TD>
    <TD vAlign=top width="5%">(6) </TD>
    <TD>
      <P align=justify>Mr. Frydenlund was appointed to the office of CFO,
      General Counsel and Corporate Secretary effective March 2, 2018.</P></TD></TR>
  <TR>
    <TD width="5%" >&nbsp;</TD>
    <TD vAlign=top width="5%">(7) </TD>
    <TD>
      <P align=justify>Mr. Goranson was appointed as Executive Vice President,
      ISR Operations effective June 18, 2015, as Executive Vice President,
      Operations effective February 1, 2017 and as COO effective February 14,
      2018. From December 2, 2013 to June 18, 2015, Mr. Goranson was President
      of Uranerz, which became a wholly owned subsidiary of the Corporation on
      June 18, 2015. Amounts shown do not include amounts paid to Mr. Goranson
      by Uranerz prior to June 18, 2015.</P></TD></TR>
  <TR>
    <TD width="5%" >&nbsp;</TD>
    <TD vAlign=top width="5%">(8) </TD>
    <TD>
      <P align=justify>Mr. Zang ceased being CFO effective March 1,
  2018.</P></TD></TR>
  <TR>
    <TD width="5%" >&nbsp;</TD>
    <TD vAlign=top width="5%">(9) </TD>
    <TD>
      <P align=justify>Mr. White was appointed Vice President, Technical
      Services of the Corporation&#146;s subsidiary Energy Fuels Resources (USA) Inc.
      on August 3, 2015 and resigned from that position on February 28,
    2019.</P></TD></TR></TABLE>
<P align=justify><B>Incentive Plan Awards &#150; Value Vested or Earned</B></P>
<DIV>
<TABLE
style="BORDER-COLOR: black; FONT-SIZE: 10pt; BORDER-COLLAPSE: collapse; "
borderColor=#000000 cellSpacing=0 cellPadding=3 width="100%" border=1>

  <TR vAlign=top>
    <TD align=center vAlign=center bgcolor="#E6EFFF"><B>Name</B> </TD>
    <TD width="25%" align=center vAlign=center bgcolor="#E6EFFF"><B>Option-Based Awards &#150;
      Value</B> <BR>
      <B>Vested During the Year</B> <BR><B>(US$)</B> </TD>
    <TD width="25%" align=center vAlign=center bgcolor="#E6EFFF"><B>Share-Based Awards &#150;
      Value</B> <BR>
      <B>Vested During the Year</B> <BR><B>(US$)</B> </TD>
    <TD width="25%" align=center vAlign=center bgcolor="#E6EFFF"><B>Non-Equity Incentive
      Plan</B> <BR>
      <B>Compensation &#150; Value Earned</B> <BR><B>During the Year</B>
      <BR><B>(US$)</B> </TD></TR>
  <TR vAlign=top>
    <TD align=left>Stephen P. Antony<SUP>(1)</SUP> </TD>
    <TD align=center width="25%">Nil </TD>
    <TD align=center width="25%">1,281,543 </TD>
    <TD align=center width="25%">Nil </TD></TR>
  <TR vAlign=top>
    <TD align=left>Mark S. Chalmers<SUP>(2)</SUP> </TD>
    <TD align=center width="25%">Nil </TD>
    <TD align=center width="25%">109,442 </TD>
    <TD align=center width="25%">214,375 </TD></TR>
  <TR vAlign=top>
    <TD align=left>David C. Frydenlund<SUP>(3)</SUP> </TD>
    <TD align=center width="25%">Nil </TD>
    <TD align=center width="25%">138,302 </TD>
    <TD align=center width="25%">132,723 </TD></TR>
  <TR vAlign=top>
    <TD align=left>W. Paul Goranson<SUP>(4)</SUP> </TD>
    <TD align=center width="25%">Nil </TD>
    <TD align=center width="25%">121,092 </TD>
    <TD align=center width="25%">132,723 </TD></TR>
  <TR vAlign=top>
    <TD align=left>Daniel G. Zang<SUP>(5)</SUP> </TD>
    <TD align=center width="25%">Nil </TD>
    <TD align=center width="25%">133,903 </TD>
    <TD align=center width="25%">Nil </TD></TR>
  <TR vAlign=top>
    <TD align=left>John H. White<SUP>(6)</SUP> </TD>
    <TD align=center width="25%">Nil </TD>
    <TD align=center width="25%">48,670 </TD>
    <TD align=center width="25%">14,290 </TD></TR>
  <TR vAlign=top>
    <TD align=left>Curtis H. Moore </TD>
    <TD align=center width="25%">Nil </TD>
    <TD align=center width="25%">47,186 </TD>
    <TD align=center width="25%">26,823 </TD></TR></TABLE></DIV>
<P align=justify>Notes: </P>
<TABLE
style="BORDER-COLOR: black; FONT-SIZE: 10pt; BORDER-COLLAPSE: collapse; "
cellSpacing=0 cellPadding=0 width="100%" border=0 BCLLIST>

  <TR>
    <TD width="5%"  >&nbsp;</TD>
    <TD vAlign=top width="5%">(1) </TD>
    <TD>
      <P align=justify>Mr. Antony was President and CEO until Mr. Mark S.
      Chalmers was appointed President and COO effective July 1, 2017, after
      which time Mr. Antony continued as CEO. Mr. Antony retired from his
      position as CEO effective January 31, 2018, and Mr. Chalmers took over the
      position effective February 1, 2018.</P></TD></TR>
  <TR>
    <TD width="5%" >&nbsp;</TD>
    <TD vAlign=top width="5%">(2) </TD>
    <TD>
      <P align=justify>Mr. Chalmers joined the Corporation as COO on July 1,
      2016, was promoted to President and COO effective July 1, 2017 and to
      President and CEO effective February 1, 2018, upon the retirement of
      Stephen P. Antony as CEO of the Corporation on January 31, 2018.</P></TD></TR>
  <TR>
    <TD width="5%" >&nbsp;</TD>
    <TD vAlign=top width="5%">(3) </TD>
    <TD>
      <P align=justify>Mr. Frydenlund was appointed to the office of CFO,
      General Counsel and Corporate Secretary effective March 2, 2018.</P></TD></TR>
  <TR>
    <TD width="5%" >&nbsp;</TD>
    <TD vAlign=top width="5%">(4) </TD>
    <TD>
      <P align=justify>Mr. Goranson was appointed as Executive Vice President,
      ISR Operations effective June 18, 2015, as Executive Vice President,
      Operations effective February 1, 2017 and as COO effective February 14,
      2018. From December 2, 2013 to June 18, 2015, Mr. Goranson was President
      of Uranerz, which became a wholly owned subsidiary of the Corporation on
      June 18, 2015. Amounts shown do not include amounts paid to Mr. Goranson
      by Uranerz prior to June 18, 2015.</P></TD></TR>
  <TR>
    <TD width="5%" >&nbsp;</TD>
    <TD vAlign=top width="5%">(5) </TD>
    <TD>
      <P align=justify>Mr. Zang ceased being CFO effective March 1,
  2018.</P></TD></TR>
  <TR>
    <TD width="5%" >&nbsp;</TD>
    <TD vAlign=top width="5%">(6) </TD>
    <TD>
      <P align=justify>Mr. White was appointed Vice President, Technical
      Services of the Corporation&#146;s subsidiary Energy Fuels Resources (USA) Inc.
      on August 3, 2015 and resigned from that position on February 28,
    2019.</P></TD></TR></TABLE>
<P align=justify><B>Pension Plan Benefits and Deferred Compensation Plans
</B></P>
<P align=justify>The Corporation does not provide defined pension plan benefits
or any other pension plans that provide for payments or benefits at, following
or in connection with retirement to its directors or officers. </P>
<P align=justify>The Corporation does not have any deferred compensation plans
relating to its NEOs.</P>
<P align=justify>The Corporation has a 401(k) plan for the benefit of all its
employees. Under the 401(k) plan employees are entitled to contribute up to
statutorily permitted amounts, and the Corporation matches 100% of contributions
up to the first 3% of base salary, and 50% of contributions up to the next 2% of
base salary made by each employee into his or her 401(k) plan. </P>
<P align=center>36 </P>
<HR style="PAGE-BREAK-AFTER: always" align=center width="100%" color=black
noShade SIZE=5>
<A name=page_44></A>
<P align=justify><B>Employment Agreements and Termination and Change of Control
Benefits </B></P>
<P align=justify>The Corporation has employment agreements with each of its
current NEOs, which were negotiated on a case-by-case basis.</P>
<P align=justify>In response to comments from shareholder advisory firms, the
Corporation and its Senior Executive Officers agreed to certain amendments to
the Senior Executive Officers&#146; existing employment agreements in March 2019.
Previously, each employment agreement determined severance amounts in the event
of a change in control or other eligible termination by multiplying a severance
factor (the &#147;<B>Severance Factor</B>&#148;) applicable to each individual Senior
Executive Officer by a base amount (the &#147;<B>Base Amount</B>&#148;) equal to the sum
of the Senior Executive Officer&#146;s base salary, target cash bonus and target
equity award amount. In March 2019, all of the Senior Executive Officer&#146;s
employment agreements were amended by deleting the target equity award amount
from the Base Amount. In addition, the Severance Factor for the President and
CEO was increased from 2.5 to 2.99 and for each of the CFO and COO from 1.5 to
2.0. These amendments have the effect of significantly reducing cash payments on
any severance, including a severance resulting from a change in control, and
bringing the calculation of the Base Amount more in line with industry practice.
</P>
<P align=justify>A summary of the material terms of each employment agreement,
as amended, is set out below. </P>
<P align=justify>The events that trigger payment to an NEO on account of a
termination or a change of control are negotiated and documented in each
employment contract. These benefits attempt to balance the protection of the
employee upon the occurrence of such events with the preservation of the
executive base in the event such a change of control occurs. As noted below,
there are certain circumstances that trigger payment, vesting of stock options,
SARs and/or or RSUs, or the provision of other benefits to an NEO upon
termination and change of control. </P>
<P align=justify><U>Mark S. Chalmers</U> </P>
<P align=justify>Mr. Chalmers&#146;s employment agreement (the &#147;<B>Chalmers
Agreement</B>&#148;), effective February 1, 2018, has a term of two years and will
automatically renew for additional one-year terms unless either party provides a
notice not to renew at least 90 days prior to the end of the initial two-year
term or any subsequent one-year term. Pursuant to the Chalmers Agreement, Mr.
Chalmers will be paid an annual salary of US$400,000 (the &#147;<B>Chalmers Base
Salary</B>&#148;), subject to review and increase at the discretion of the
Corporation. Pursuant to the Chalmers Agreement, Mr. Chalmers will act as
President and CEO of the Corporation.</P>
<P align=justify>Mr. Chalmers is also entitled to receive benefits such as
health insurance, vacation and other benefits consistent with the Corporation&#146;s
benefit plans extended to other employees of the Corporation with similar
position or level. In addition, Mr. Chalmers has a cash bonus opportunity during
each calendar year with a target equal to 50% (the &#147;<B>Chalmers Target Cash
Bonus Percentage</B>&#148;) of his Base Salary (the &#147;<B>Chalmers Target Cash
Bonus</B>&#148;), in accordance with the Corporation&#146;s STIP, and an equity award
opportunity during each calendar year with a target value equal to 100% (the
&#147;<B>Chalmers Target Equity Award Percentage</B>&#148;) of his Base Salary (the
&#147;<B>Chalmers Target Equity Award</B>&#148;), in accordance with the Corporation&#146;s
LTIP. </P>
<P align=justify>The Corporation may terminate the Chalmers Agreement for just
cause, without just cause or in the event of a disability. Mr. Chalmers may
terminate his employment for &#147;good reason&#148; upon occurrence of any of the
following: (i) a material reduction or diminution in his level of responsibility
or office; (ii) a reduction in the Chalmers Base Salary, Chalmers Target Cash
Bonus Percentage or Chalmers Target Equity Award Percentage; or (iii) a proposed
forced relocation to another geographic location greater than 50 miles from his
current location at the time a move is requested after a change of control. </P>
<P align=justify>In the event Mr. Chalmers&#146;s employment is terminated by the
Corporation without just cause or upon a disability or by the Corporation giving
a notice not to renew the Chalmers Agreement, or Mr. Chalmers elects to resign
for good reason, or upon his death, he or his estate will be entitled to
severance pay (the &#147;<B>Chalmers Severance Amount</B>&#148;) equal to 2.99 times the
sum of the Chalmers Base Salary and the Chalmers Target Cash Bonus for the full
year in which the date of termination occurs. The estimated amount payable to
Mr. Chalmers in the case of such a termination, assuming that the termination
took place on December 31, 2018, would be a cash payment in the amount of the
Chalmers Severance Amount of US$1,569,750.</P>
<P align=center>37 </P>
<HR style="PAGE-BREAK-AFTER: always" align=center width="100%" color=black
noShade SIZE=5>
<A name=page_45></A>
<P align=justify>Further, in the event that upon a change of control, Mr.
Chalmers&#146;s employment is terminated and/or the successor entity does not assume
and agree to perform all of the Corporation&#146;s obligations under Mr. Chalmers&#146;s
employment agreement with the Corporation, then Mr. Chalmers&#146;s employment will
be deemed to have been terminated without just cause and Mr. Chalmers will be
entitled to receive the same Chalmers Severance Amount as described above for a
termination without just cause under the normal course. In addition, if Mr.
Chalmers&#146;s employment is terminated without just cause or for a disability, or
Mr. Chalmers elects to resign for good reason, within 12 months after a change
in control, then, in addition to the payment of the Chalmers Severance Amount,
all of Mr. Chalmers&#146; unvested RSUs will automatically vest, all of Mr.
Chalmers&#146;s unvested stock options will automatically vest and will be
exercisable during the 90-calendar day period following termination, and Mr.
Chalmers&#146; SARs will be exercisable during the 270-calendar day period following
termination without any change to the performance or vesting conditions which
will still need to be met. The estimated Severance Amount payable to Mr.
Chalmers in the case of termination upon a change of control would be a cash
payment in the amount of US$1,569,750, plus the value attributable to the
accelerated vesting of previously issued RSUs payable in Common Shares of the
Corporation of US$630,431, assuming that the triggering event took place on
December 31, 2018.<B> </B></P>
<P align=justify>Mr. Chalmers&#146; employment agreement also provides that if any of
the payments or benefits provided or to be provided by the Corporation or its
affiliates to Mr. Chalmers or for Mr. Chalmers&#146; benefit pursuant to the terms of
his employment agreement or otherwise as a result of a change in control
(&#147;<B>Covered Payments</B>&#148;) constitute &#147;parachute payments&#148; within the meaning
of Section 280G of the Internal Revenue Code of 1986, as amended, (the
&#147;<B>Code</B>&#148;) and would otherwise be subject to the excise tax imposed under
Section 4999 of the Code or any similar tax imposed by state or local law or any
interest or penalties with respect to such taxes (collectively, the &#147;<B>Excise
Tax</B>&#148;), then the Covered Payments will be reduced (but not below zero) to the
extent necessary so that the sum of all Covered Payments does not exceed a
specified threshold amount (generally an amount equal to three times Mr.
Chalmers&#146; average annual compensation from the Corporation for the five years
preceding the year of the change in control).</P>
<P align=justify>If Mr. Chalmers voluntarily retires from the Corporation at any
time after the fifth anniversary of the effective date of the Chalmers
Agreement, all of Mr. Chalmers&#146; unvested stock options and RSUs will
automatically vest and all of his SARs will be treated the same as in the case
of a termination after a change in control. </P>
<P align=justify>Mr. Chalmers is subject to non-solicitation provisions during
the term of his employment agreement and for a period of 12-months after
termination, under which Mr. Chalmers may not solicit any business from any
customer, client or business relation of the Corporation, or hire or offer to
hire or entice any officer, employee consultant or business relation away from
the Corporation. </P>
<P align=justify><U>David C. Frydenlund</U> </P>
<P align=justify>Mr. Frydenlund&#146;s employment agreement (the &#147;<B>Frydenlund
Agreement</B>&#148;), effective March 2, 2018, has a term of two years and will
automatically renew for additional one-year terms unless either party provides a
notice not to renew at least 90 days prior to the end of the initial two-year
term or any subsequent one-year term. Pursuant to the Frydenlund Agreement, Mr.
Frydenlund will be paid an annual salary of US$287,116 (the &#147;<B>Frydenlund Base
Salary</B>&#148;), subject to review and increase at the discretion of the
Corporation. Pursuant to the Frydenlund Agreement, Mr. Frydenlund will act as
CFO, General Counsel and Corporate Secretary of the Corporation.</P>
<P align=justify>Mr. Frydenlund is also entitled to receive benefits such as
health insurance, vacation and other benefits consistent with the Corporation&#146;s
benefit plans extended to other employees of the Corporation with similar
position or level. In addition, Mr. Frydenlund has a cash bonus opportunity
during each calendar year with a target equal to 40% (the &#147;<B>Frydenlund Target Cash Bonus Percentage</B>&#148;) of his Base
Salary (the &#147;<B>Frydenlund Target Cash Bonus</B>&#148;), in accordance with the
Corporation&#146;s STIP, and an equity award opportunity during each calendar year
with a target value equal to 80% (the &#147;<B>Frydenlund Target Equity Award
Percentage</B>&#148;) of his Base Salary (the &#147;<B>Frydenlund Target Equity
Award</B>&#148;), in accordance with the Corporation&#146;s LTIP. </P>
<P align=center>38 </P>
<HR style="PAGE-BREAK-AFTER: always" align=center width="100%" color=black
noShade SIZE=5>
<A name=page_46></A>
<P align=justify>The Corporation may terminate the Frydenlund Agreement for just
cause, without just cause or in the event of a disability. Mr. Frydenlund may
terminate his employment for &#147;good reason&#148; upon occurrence of any of the
following: (i) a material reduction or diminution in his level of responsibility
or office, provided that ceasing to be the CFO shall not constitute a material
reduction or diminution in his level of responsibility or office; (ii) a
reduction in the Frydenlund Base Salary, Frydenlund Target Cash Bonus Percentage
or Frydenlund Target Equity Award Percentage; or (iii) a proposed forced
relocation to another geographic location greater than 50 miles from his current
location at the time a move is requested after a change of control. </P>
<P align=justify>In the event Mr. Frydenlund&#146;s employment is terminated by the
Corporation without just cause or upon a disability or by the Corporation giving
a notice not to renew the Frydenlund Agreement, or Mr. Frydenlund elects to
resign for good reason, or upon his death, he or his estate will be entitled to
severance pay (the &#147;<B>Frydenlund Severance Amount</B>&#148;) equal to 2.0 times the
sum of the Frydenlund Base Salary and the Frydenlund Target Cash Bonus for the
full year in which the date of termination occurs. The estimated amount payable
to Mr. Frydenlund in the case of such a termination, assuming that the
termination took place on December 31, 2018, would be a cash payment in the
amount of the Frydenlund Severance Amount of US$758,419.</P>
<P align=justify>Further, in the event that upon a change of control, Mr.
Frydenlund&#146;s employment is terminated and/or the successor entity does not
assume and agree to perform all of the Corporation&#146;s obligations under Mr.
Frydenlund&#146;s employment agreement with the Corporation, then Mr. Frydenlund&#146;s
employment will be deemed to have been terminated without just cause and Mr.
Frydenlund will be entitled to receive the same Frydenlund Severance Amount, as
described above for a termination without just cause under the normal course. In
addition, if Mr. Frydenlund&#146;s employment is terminated without just cause or for
a disability, or Mr. Frydenlund elects to resign for good reason, within 12
months after a change in control, then, in addition to the payment of the
Frydenlund Severance Amount, all of Mr. Frydenlund&#146;s unvested RSUs will
automatically vest, all of Mr. Frydenlund&#146;s unvested stock options will
automatically vest and will be exercisable during the 90-calendar day period
following termination, and Mr. Frydenlund&#146;s SARs will be exercisable during the
270-calendar day period following termination without any change to the
performance or vesting conditions which will still need to be met. The estimated
Severance Amount payable to Mr. Frydenlund in the case of termination upon a
change of control would be a cash payment in the amount of US$758,419, plus the
value attributable to the accelerated vesting of previously issued RSUs payable
in Common Shares of the Corporation of US$548,748, assuming that the triggering
event took place on December 31, 2018.<B> </B></P>
<P align=justify>Mr. Frydenlund&#146;s employment agreement also provides that if any
Covered Payments constitute &#147;parachute payments&#148; within the meaning of the Code
and would otherwise be subject to the excise tax imposed under Section 4999 of
the Code or any Excise Tax, then the Covered Payments will be reduced (but not
below zero) to the extent necessary so that the sum of all Covered Payments does
not exceed a specified threshold amount (generally an amount equal to three
times Mr. Frydenlund&#146;s average annual compensation from the Corporation for the
five years preceding the year of the change in control).</P>
<P align=justify>In addition to payment of the Frydenlund Severance Amount and
other amounts in either of the circumstances set out above, in the event of any
termination, the Corporation will reimburse all direct costs of relocating Mr.
Frydenlund and his family to Canada, provided such relocation occurs within 14
months from the date of termination. Such reimbursement will not apply to the
extent the costs contemplated are paid by another employer. </P>
<P align=justify>Mr. Frydenlund is subject to non-solicitation provisions during
the term of his employment agreement and for a period of 12-months after
termination, under which Mr. Frydenlund may not solicit any business from any
customer, client or business relation of the Corporation, or hire or
offer to hire or entice any officer, employee consultant or business relation
away from the Corporation. </P>
<P align=center>39 </P>
<HR style="PAGE-BREAK-AFTER: always" align=center width="100%" color=black
noShade SIZE=5>
<A name=page_47></A>
<P align=justify><U>W. Paul Goranson</U> </P>
<P align=justify>Mr. Goranson&#146;s employment agreement (the &#147;<B>Goranson
Agreement</B>&#148;), effective February 14, 2018, has a term of two years and will
automatically renew for additional one-year terms unless either party provides a
notice not to renew at least 90 days prior to the end of the initial two-year
term or any subsequent one-year term. Pursuant to the Goranson Agreement, Mr.
Goranson will be paid an annual salary of US$287,116 (the &#147;<B>Goranson Base
Salary</B>&#148;), subject to review and increase at the discretion of the
Corporation. Pursuant to the Goranson Agreement, Mr. Goranson will act as COO of
the Corporation.</P>
<P align=justify>Mr. Goranson is also entitled to receive benefits such as
health insurance, vacation and other benefits consistent with the Corporation&#146;s
benefit plans extended to other employees of the Corporation with similar
position or level. In addition, Mr. Goranson has a cash bonus opportunity during
each calendar year with a target equal to 40% (the &#147;<B>Goranson Target Cash
Bonus Percentage</B>&#148;) of his Base Salary (the &#147;<B>Goranson Target Cash
Bonus</B>&#148;), in accordance with the Corporation&#146;s STIP, and an equity award
opportunity during each calendar year with a target value equal to 80% (the
&#147;<B>Goranson Target Equity Award Percentage</B>&#148;) of his Base Salary (the
&#147;<B>Goranson Target Equity Award</B>&#148;), in accordance with the Corporation&#146;s
LTIP. </P>
<P align=justify>The Corporation may terminate the Goranson Agreement for just
cause, without just cause or in the event of a disability. Mr. Goranson may
terminate his employment for &#147;good reason&#148; upon occurrence of any of the
following: (i) a material reduction or diminution in his level of responsibility
or office; (ii) a reduction in the Goranson Base Salary, Goranson Target Cash
Bonus Percentage or Goranson Target Equity Award Percentage; or (iii) a proposed
forced relocation to another geographic location greater than 50 miles from his
current location at the time a move is requested after a change of control. </P>
<P align=justify>In the event Mr. Goranson&#146;s employment is terminated by the
Corporation without just cause or upon a disability or by the Corporation giving
a notice not to renew the Goranson Agreement, or Mr. Goranson elects to resign
for good reason, or upon his death, he or his estate will be entitled to
severance pay (the &#147;<B>Goranson Severance Amount</B>&#148;) equal to 2.0 times the
sum of the Goranson Base Salary and the Goranson Target Cash Bonus for the full
year in which the date of termination occurs. The estimated amount payable to
Mr. Goranson in the case of such a termination, assuming that the termination
took place on December 31, 2018, would be a cash payment in the amount of the
Goranson Severance amount of US$758,419.</P>
<P align=justify>Further, in the event that upon a change of control, Mr.
Goranson&#146;s employment is terminated and/or the successor entity does not assume
and agree to perform all of the Corporation&#146;s obligations under Mr. Goranson&#146;s
employment agreement with the Corporation, then Mr. Goranson&#146;s employment will
be deemed to have been terminated without just cause and Mr. Goranson will be
entitled to receive the same Goranson Severance Amount as described above for a
termination without just cause under the normal course. In addition, if Mr.
Goranson&#146;s employment is terminated without just cause or for a disability, or
Mr. Goranson elects to resign for good reason, within 12 months after a change
in control, then, in addition to the payment of the Goranson Severance Amount,
all of Mr. Goranson&#146;s unvested RSUs will automatically vest, all of Mr.
Goranson&#146;s unvested stock options will automatically vest and will be
exercisable during the 90-calendar day period following termination, and Mr.
Goranson&#146;s SARs will be exercisable during the 270-calendar day period following
termination without any change to the performance or vesting conditions which
will still need to be met. The estimated Severance Amount payable to Mr.
Goranson in the case of termination upon a change of control would be a cash
payment in the amount of US$758,419, plus the value attributable to the
accelerated vesting of previously issued RSUs payable in Common Shares of the
Corporation of US$529,385, assuming that the triggering event took place on
December 31, 2018.<B> </B></P>
<P align=justify>Mr. Goranson&#146;s employment agreement also provides that if any
Covered Payments constitute &#147;parachute payments&#148; within the meaning of Section
280G of the Code and would otherwise be subject to the excise tax imposed under Section 4999 of the Code or any Excise Tax, then
the Covered Payments will be reduced (but not below zero) to the extent
necessary so that the sum of all Covered Payments does not exceed a specified
threshold amount (generally an amount equal to three times Mr. Goranson&#146;s
average annual compensation from the Corporation for the five years preceding
the year of the change in control).</P>
<P align=center>40 </P>
<HR style="PAGE-BREAK-AFTER: always" align=center width="100%" color=black
noShade SIZE=5>
<A name=page_48></A>
<P align=justify>Mr. Goranson is subject to non-solicitation provisions during
the term of his employment agreement and for a period of 12-months after
termination, under which Mr. Goranson may not solicit any business from any
customer, client or business relation of the Corporation, or hire or offer to
hire or entice any officer, employee consultant or business relation away from
the Corporation. </P>
<P align=justify><U>Curtis H. Moore</U> </P>
<P align=justify>Mr. Moore&#146;s employment agreement (the &#147;<B>Moore
Agreement</B>&#148;), effective October 6, 2017, has a term of two years and will
automatically renew for additional one-year terms unless either party provides a
notice not to renew at least 90 days prior to the end of the initial two-year
term or any subsequent one-year term. Pursuant to the Moore Agreement, Mr. Moore
will be paid an annual salary of US$186,846 (the &#147;<B>Moore Base Salary</B>&#148;),
subject to review and increase at the discretion of the Corporation. Pursuant to
the Moore Agreement, Mr. Moore will act as Vice President, Marketing and
Corporate Development of the Corporation.</P>
<P align=justify>Mr. Moore is also entitled to receive benefits such as health
insurance, vacation and other benefits consistent with the Corporation&#146;s benefit
plans extended to other employees of the Corporation with similar position or
level. In addition to the Moore Base Salary, Mr. Moore will be eligible for the
award of annual cash incentive compensation, at the discretion of the CEO of the
Corporation. Such award is totally discretionary as determined by the CEO of the
Corporation, and it is understood there is no guarantee of any award, let alone
an award in any particular amount. Mr. Moore is also eligible to participate in
and receive compensation under the Corporation&#146;s Omnibus Equity Incentive
Compensation Plan, consistent with the terms of that Plan. Any awards under that
Plan are totally discretionary as determined by the CEO of the Corporation, and
it is understood there is no guarantee of any award, let alone an award in any
particular amount. </P>
<P align=justify>The Corporation may terminate the Moore Agreement for just
cause, without just cause or in the event of a disability. Mr. Moore may
terminate his employment for &#147;good reason&#148; upon occurrence of any of the
following: (i) a material reduction or diminution in his level of responsibility
or office; (ii) a reduction in the Moore Base Salary; or (iii) a proposed forced
relocation to another geographic location greater than 50 miles from his current
location at the time a move is requested after a change of control. </P>
<P align=justify>In the event Mr. Moore&#146;s employment is terminated by the
Corporation without just cause or upon a disability or by the Corporation giving
a notice not to renew the Moore Agreement, or Mr. Moore elects to resign for
good reason, or upon his death, he or his estate will be entitled to severance
pay (the &#147;<B>Moore Severance Amount</B>&#148;) equal to 1.0 (the <B>Moore Severance
Factor</B>&#148;) times the sum of the Moore Base Salary for the full year in which
the date of termination occurs and an amount equal to the greater of: (A) the
Moore Severance Factor times the highest total aggregate cash bonus paid to Mr.
Moore in any one of the last three years; or (B) fifteen percent of the Moore
Base Salary in effect at the time of such termination. The estimated Moore
Severance Amount payable to Mr. Moore in the case of such a termination,
assuming that the termination took place on December 31, 2018, would be a cash
payment in the amount of US$216,023.</P>
<P align=justify>Further, in the event that upon a change of control, Mr.
Moore&#146;s employment is terminated and/or the successor entity does not assume and
agree to perform all of the Corporation&#146;s obligations under Mr. Moore&#146;s
employment agreement with the Corporation, then Mr. Moore&#146;s employment will be
deemed to have been terminated without just cause and Mr. Moore will be entitled
to receive the same Moore Severance Amount as described above for a termination
without just cause under the normal course. In addition, if Mr. Moore&#146;s
employment is terminated without just cause or for a disability, or Mr. Moore
elects to resign for good reason, within 12 months after a change in control,
then, in addition to the payment of the Moore Severance Amount described above,
all of Mr. Moore&#146;s unvested RSUs will automatically vest, all of Mr. Moore&#146;s
unvested stock options will automatically vest and will be exercisable during
the 90-calendar day period following termination, and Mr. Moore&#146;s SARs will be
exercisable during the 270-calendar day period following termination without any
change to the performance or vesting conditions which will still need to be met.
The estimated Severance Amount payable to Mr. Moore in the case of termination
upon a change of control would be a cash payment in the amount of US$216,023,
plus the value attributable to the accelerated vesting of previously issued RSUs
payable in Common Shares of the Corporation of US$193,760, assuming that the
triggering event took place on December 31, 2018.<B> </B> </P>
<P align=center>41 </P>
<HR style="PAGE-BREAK-AFTER: always" align=center width="100%" color=black
noShade SIZE=5>
<A name=page_49></A>
<P align=justify>Mr. Moore is subject to non-solicitation provisions during the
term of his employment agreement and for a period of 12-months after
termination, under which Mr. Moore may not solicit any business from any
customer, client or business relation of the Corporation, or hire or offer to
hire or entice any officer, employee consultant or business relation away from
the Corporation, except however, that Mr. Moore may solicit any utility
customer, trading partner, intermediary, broker, investor, strategic partner,
joint venture partner, or other similar entity for new business that does not
conflict with any active negotiations that were ongoing by the Corporation at
the time of the termination. </P>
<P align=justify><B>Compensation Committee Report </B></P>
<P align=justify>Based on the Compensation Committee&#146;s review of the
Compensation Discussion and Analysis and discussions with the Board and the
Corporation&#146;s management, the Compensation Committee recommended that the
Compensation Discussion and Analysis be included in this Circular. </P>
<P align=justify>Submitted by the members of the Compensation Committee of the
Board: </P>
<P align=justify>Bruce D. Hansen <BR>Benjamin Eshleman III <BR>Robert W.
Kirkland, Chair <BR></P>
<P align=justify><B>Director Compensation </B></P>
<P align=justify><U>Director Compensation Table</U></P>
<P align=justify>The Corporation&#146;s policy with respect to directors&#146;
compensation was developed by the Board, on recommendation of the Compensation
Committee. The following table sets forth the compensation awarded, paid to or
earned by the directors of the Corporation during the most recently completed
financial year. Directors of the Corporation who are also officers or employees
of the Corporation are not compensated for service on the Board; therefore, no
fees were payable to Stephen P. Antony prior to his retirement on January 31,
2018 or to Mark S. Chalmers for his service as a director of the Corporation
from February 1, 2018 through the end of 2018.</P>
<DIV>
<TABLE
style="BORDER-COLOR: black; FONT-SIZE: 10pt; BORDER-COLLAPSE: collapse; "
borderColor=#000000 cellSpacing=0 cellPadding=3 width="100%" border=1>

  <TR vAlign=top>
    <TD align=center vAlign=center bgcolor="#E6EFFF"><B>Name </B><STRONG><SUP>(1) </SUP></STRONG></TD>
    <TD width="11%" align=center vAlign=center bgcolor="#E6EFFF"><B>Fees <BR>
    </B><B>Earned
      <BR></B><B>(US$) <SUP>(2) </SUP></B></TD>
    <TD width="11%" align=center vAlign=center bgcolor="#E6EFFF"><B>Share- <BR>
    </B><B>Based
      <BR></B><B>Awards <BR></B><B>(US$) <SUP>(3)(4) </SUP></B></TD>
    <TD width="11%" align=center vAlign=center bgcolor="#E6EFFF"><B>Option- <BR>
    </B><B>Based
      <BR></B><B>Awards <BR></B><B>(US$) </B></TD>
    <TD width="15%" align=center vAlign=center bgcolor="#E6EFFF" ><B>Non-Equity
      </B><B><BR>
      Incentive Plan </B><B><BR>Compensation </B><B><BR>(US$) </B></TD>
    <TD width="11%" align=center vAlign=center bgcolor="#E6EFFF"><B>Pension <BR>
    </B><B>Value
      <BR></B><B>(US$) </B></TD>
    <TD width="11%" align=center vAlign=center bgcolor="#E6EFFF"><B>All Other
      </B><B><BR>
      Compensation </B><B><BR>(US$) </B></TD>
    <TD width="11%" align=center vAlign=center bgcolor="#E6EFFF"><B>Total <BR>
    </B><B>(US$)
    </B></TD></TR>
  <TR vAlign=top>
    <TD vAlign=center align=left>J. Birks Bovaird </TD>
    <TD vAlign=center align=right width="11%">40,000 </TD>
    <TD vAlign=center align=right width="11%">80,000 </TD>
    <TD vAlign=center align=right width="11%">Nil </TD>
    <TD vAlign=center align=right width="15%" >&nbsp; &nbsp;
      &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;Nil
    </TD>
    <TD vAlign=center align=right width="11%">Nil </TD>
    <TD vAlign=center align=right width="11%">&nbsp; &nbsp; &nbsp; &nbsp;
      &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;Nil </TD>
    <TD vAlign=center align=right width="11%">120,000 </TD></TR>
  <TR vAlign=top>
    <TD vAlign=center align=left>Paul A. Carroll<SUP>(5) </SUP></TD>
    <TD vAlign=center align=right width="11%">33,333 </TD>
    <TD vAlign=center align=right width="11%">66,667 </TD>
    <TD vAlign=center align=right width="11%">Nil </TD>
    <TD vAlign=center align=right width="15%" >Nil </TD>
    <TD vAlign=center align=right width="11%">Nil </TD>
    <TD vAlign=center align=right width="11%">Nil </TD>
    <TD vAlign=center align=right width="11%">100,000 </TD></TR>
  <TR vAlign=top>
    <TD vAlign=center align=left>Benjamin Eshleman III </TD>
    <TD vAlign=center align=right width="11%">30,667 </TD>
    <TD vAlign=center align=right width="11%">90,900 </TD>
    <TD vAlign=center align=right width="11%">Nil </TD>
    <TD vAlign=center align=right width="15%" >&nbsp; &nbsp;
      &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;Nil
    </TD>
    <TD vAlign=center align=right width="11%">Nil </TD>
    <TD vAlign=center align=right width="11%">&nbsp; &nbsp; &nbsp; &nbsp;
      &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;Nil </TD>
    <TD vAlign=center align=right width="11%">121,567 </TD></TR>
  <TR vAlign=top>
    <TD vAlign=center align=left>Barbara A. Filas </TD>
    <TD vAlign=center align=right width="11%">25,000 </TD>
    <TD vAlign=center align=right width="11%">50,972 </TD>
    <TD vAlign=center align=right width="11%">Nil </TD>
    <TD vAlign=center align=right width="15%" >&nbsp; &nbsp;
      &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;Nil
    </TD>
    <TD vAlign=center align=right width="11%">Nil </TD>
    <TD vAlign=center align=right width="11%">&nbsp; &nbsp; &nbsp; &nbsp;
      &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;Nil </TD>
    <TD vAlign=center align=right width="11%">75,972 </TD></TR>
  <TR vAlign=top>
    <TD vAlign=center align=left>Bruce D. Hansen </TD>
    <TD vAlign=center align=right width="11%">37,333 </TD>
    <TD vAlign=center align=right width="11%">74,667 </TD>
    <TD vAlign=center align=right width="11%">Nil </TD>
    <TD vAlign=center align=right width="15%" >&nbsp; &nbsp;
      &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;Nil
    </TD>
    <TD vAlign=center align=right width="11%">Nil </TD>
    <TD vAlign=center align=right width="11%">&nbsp; &nbsp; &nbsp; &nbsp;
      &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;Nil </TD>
    <TD vAlign=center align=right width="11%">112,000 </TD></TR>
  <TR vAlign=top>
    <TD vAlign=center align=left>Dennis Higgs </TD>
    <TD vAlign=center align=right width="11%">30,667 </TD>
    <TD vAlign=center align=right width="11%">61,333 </TD>
    <TD vAlign=center align=right width="11%">Nil </TD>
    <TD vAlign=center align=right width="15%" >&nbsp; &nbsp;
      &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;Nil
    </TD>
    <TD vAlign=center align=right width="11%">Nil </TD>
    <TD vAlign=center align=right width="11%">&nbsp; &nbsp; &nbsp; &nbsp;
      &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;Nil </TD>
    <TD vAlign=center align=right width="11%">92,000
</TD></TR></TABLE></DIV>
<P align=center>42 </P>
<HR style="PAGE-BREAK-AFTER: always" align=center width="100%" color=black
noShade SIZE=5>
<A name=page_50></A><BR>
<DIV>
<TABLE
style="BORDER-COLOR: black; FONT-SIZE: 10pt; BORDER-COLLAPSE: collapse; "
borderColor=#000000 cellSpacing=0 cellPadding=3 width="100%" border=1>

  <TR vAlign=top>
    <TD vAlign=center align=center bgColor=#e6efff>&nbsp;<B>Name
      </B><STRONG><SUP>(1)</SUP></STRONG></TD>
    <TD vAlign=center align=center width="12%" bgColor=#e6efff><B>Fees
      <BR></B><B>Earned&nbsp;</B><B> <BR></B><B>(US$)<SUP>(2) </SUP></B></TD>
    <TD vAlign=center align=center width="12%" bgColor=#e6efff><B>Share-
      <BR></B><B>Based <BR></B><B>Awards&nbsp;</B><B> <BR></B><B>(US$)
      <SUP>(3)(4)</SUP></B></TD>
    <TD vAlign=center align=center width="12%" bgColor=#e6efff><B>Option-
      <BR></B><B>Based <BR></B><B>Awards <BR></B><B>(US$) </B></TD>
    <TD vAlign=center align=center width="12%" bgColor=#e6efff><B>Non-Equity
      <BR></B><B>Incentive Plan </B><B><BR>Compensation <BR></B><B>(US$) </B></TD>
    <TD vAlign=center align=center width="12%" bgColor=#e6efff><B>Pension
      <BR></B><B>Value <BR></B><B>(US$) </B></TD>
    <TD vAlign=center align=center width="12%" bgColor=#e6efff><B>All Other
      </B><B><BR>Compensation <BR></B><B>(US$) </B></TD>
    <TD vAlign=center align=center width="12%" bgColor=#e6efff><B>Total
      <BR></B><B>(US$) </B></TD></TR>
  <TR vAlign=top>
    <TD align=left>Robert W. Kirkwood </TD>
    <TD align=right width="12%">33,333 </TD>
    <TD align=right width="12%">&nbsp;109,675</TD>
    <TD align=right width="12%">Nil </TD>
    <TD align=right width="12%">Nil </TD>
    <TD align=right width="12%">Nil </TD>
    <TD align=right width="12%">Nil </TD>
    <TD align=right width="12%">&nbsp; &nbsp; &nbsp;143,008
</TD></TR></TABLE></DIV>
<P align=justify>Notes: </P>
<TABLE
style="BORDER-COLOR: black; FONT-SIZE: 10pt; BORDER-COLLAPSE: collapse; "
cellSpacing=0 cellPadding=0 width="100%" border=0 BCLLIST>

  <TR>
    <TD width="5%" >&nbsp;</TD>
    <TD vAlign=top width="5%">(1) </TD>
    <TD>
      <P align=justify>Barbara A. Filas was appointed to the Board on March 12,
      2018. Mark S. Chalmers, the current President and CEO of the Corporation,
      was appointed to the Board on February 1, 2018. As President and CEO, Mr.
      Chalmers will not be paid any fees for acting as a director.</P></TD></TR>
  <TR>
    <TD width="5%">&nbsp;</TD>
    <TD vAlign=top width="5%">(2) </TD>
    <TD>
      <P align=justify>All fees were calculated in U.S. dollars. Messrs.
      Bovaird, Carroll, and Higgs were then paid in Cdn$ equivalents based on
      rates at the time of payment.</P></TD></TR>
  <TR>
    <TD width="5%">&nbsp;</TD>
    <TD vAlign=top width="5%">(3) </TD>
    <TD>
      <P align=justify>The share-based awards were comprised of RSUs, which were
      granted during 2018. One half of the RSUs issued in 2018 vested on January
      27, 2019, another 25% will vest on January 27, 2020 and the remaining 25%
      will vest on January 27, 2021. Upon vesting, each RSU entitles the holder
      thereof to one Common Share without the payment of any additional
      consideration.</P></TD></TR>
  <TR>
    <TD width="5%">&nbsp;</TD>
    <TD vAlign=top width="5%">(4) </TD>
    <TD>
      <P align=justify>Messrs. Eshleman and Kirkwood were appointed to the Board
      after the annual RSU grants in 2017 and were not issued any RSUs for their
      services in 2017. In order to make up for that oversite, Mr. Eshleman and
      Mr. Kirkwood were issued additional RSUs in 2018 equal to the number of
      RSUs they would have received in 2017, pro rated for the number of days of
      service after their appointments on May 30, 2017.</P></TD></TR>
  <TR>
    <TD width="5%">&nbsp;</TD>
    <TD vAlign=top width="5%">(5) </TD>
    <TD>
      <P align=justify>Mr. Carroll will not be standing for re-election at the
      Meeting.</P></TD></TR></TABLE>
<P align=justify><U>Retainer and Meeting Fees</U></P>
<P align=justify>The Corporation&#146;s director compensation program is designed to
enable the Corporation to attract and retain highly qualified individuals to
serve as directors. Based on advice from the Harlon Group, to ensure that the
compensation payable to the Corporation&#146;s directors is in line with the peer
group used for determining NEO compensation, and on recommendation of the
Compensation Committee, during 2018, the compensation payable to directors,
which is paid only to non-employee directors, was: </P>
<UL style="TEXT-ALIGN: justify">
  <LI>annual retainer for board member of US$30,667;
  <LI>annual retainer for committee (other than Audit Committee) Chairs of
  US$33,333;
  <LI>annual retainer for audit committee Chair of US$37,333;
  <LI>annual retainer for Chair of the Board of US$40,000;
  <LI>reimbursement of related travel and out-of-pocket expenses; and
  <LI>no additional fees for attendance at Board or committee meetings. </LI></UL>
<P align=justify><B>Incentive Plan Awards </B></P>
<P align=justify>The table below shows the number of stock options and RSUs
outstanding for each director (other than Mr. Antony and Mr. Chalmers) and their
value as at December 31, 2018 based on the last trade of the Common Shares on
the NYSE American prior to the close of business on December 31, 2018 of
US$2.85.</P>
<P align=center>43 </P>
<HR style="PAGE-BREAK-AFTER: always" align=center width="100%" color=black
noShade SIZE=5>
<A name=page_51></A>
<P align=justify><U>Outstanding Share-Based Awards and Option-Based Awards as at
December 31, 2018</U></P>
<DIV>
<TABLE
style="BORDER-COLOR: black; FONT-SIZE: 10pt; BORDER-COLLAPSE: collapse; "
borderColor=#000000 cellSpacing=0 cellPadding=3 width="100%" border=1>

  <TR vAlign=top>
    <TD rowSpan=2 align=center vAlign=center bgcolor="#E6EFFF"><B>Name</B><B><SUP>(2)
    </SUP></B></TD>
    <TD colspan="4" align=center vAlign=center bgcolor="#E6EFFF"> <B>Option-Based Awards </B> </TD>
    <TD colspan="2" align=center vAlign=center bgcolor="#E6EFFF"><B>Share-Based
      Awards</B><B><SUP>(1) </SUP></B></TD>
    </TR>
  <TR vAlign=top>
    <TD width="14%" align=center vAlign=center bgcolor="#E6EFFF"><B>Number of
      <BR>
    </B><B>Securities <BR></B><B>Underlying <BR></B><B>Unexercised
      <BR></B><B>Options </B><STRONG><SUP>(3) </SUP></STRONG></TD>
    <TD width="14%" align=center vAlign=center bgcolor="#E6EFFF"><B>Option <BR>
    </B><B>Exercise
      <BR></B><B>Price <BR></B><B>(US$)<SUP>(3)(4) </SUP></B></TD>
    <TD width="14%" align=center vAlign=center bgcolor="#E6EFFF"><B>Option <BR>
    </B><B>Expiration
      <BR></B><B>Date </B></TD>
    <TD width="14%" align=center vAlign=center bgcolor="#E6EFFF"><B>Value of
      <BR>
    </B><B>Unexercised In- <BR></B><B>the-Money <BR></B><B>Options
      <BR></B><B>(US$) </B></TD>
    <TD width="14%" align=center vAlign=center bgcolor="#E6EFFF"><B>Number of <BR>
      Shares
      </B><B>or <BR>Units of Shares <BR></B><B>that Have <BR>Not </B><B>Vested
      </B></TD>
    <TD width="14%" align=center vAlign=center bgcolor="#E6EFFF"><B>Market or <BR>
    </B><B>Payout
      Value <BR>of </B><B>Share-Based <BR></B><B>Awards that <BR></B><B>Have Not
      <BR>Vested <BR></B><B>(US$) </B></TD></TR>
  <TR vAlign=top>
    <TD vAlign=center align=left>J. Birks Bovaird <BR>(Chair) </TD>
    <TD vAlign=center align=right width="14%">10,000 </TD>
    <TD vAlign=center align=right width="14%">5.87 </TD>
    <TD vAlign=center align=right width="14%">1/23/2019 </TD>
    <TD vAlign=center align=right width="14%">Nil </TD>
    <TD vAlign=center align=right width="14%">74,912 </TD>
    <TD vAlign=center align=right width="14%">213,499 </TD></TR>
  <TR vAlign=top>
    <TD vAlign=center align=left>Paul A. Carroll<SUP>(5) </SUP></TD>
    <TD vAlign=center align=right width="14%">10,000 </TD>
    <TD vAlign=center align=right width="14%">5.87 </TD>
    <TD vAlign=center align=right width="14%">1/23/2019 </TD>
    <TD vAlign=center align=right width="14%">Nil </TD>
    <TD vAlign=center align=right width="14%">62,426 </TD>
    <TD vAlign=center align=right width="14%">177,914 </TD></TR>
  <TR vAlign=top>
    <TD vAlign=center align=left>Benjamin Eshleman III </TD>
    <TD vAlign=center align=right width="14%">Nil </TD>
    <TD vAlign=center align=right width="14%">Nil </TD>
    <TD vAlign=center align=right width="14%">Nil </TD>
    <TD vAlign=center align=right width="14%">Nil </TD>
    <TD vAlign=center align=right width="14%">58,985 </TD>
    <TD vAlign=center align=right width="14%">168,107 </TD></TR>
  <TR vAlign=top>
    <TD vAlign=center align=left>Barbara A. Filas </TD>
    <TD vAlign=center align=right width="14%">Nil </TD>
    <TD vAlign=center align=right width="14%">Nil </TD>
    <TD vAlign=center align=right width="14%">Nil </TD>
    <TD vAlign=center align=right width="14%">Nil </TD>
    <TD vAlign=center align=right width="14%">29,294 </TD>
    <TD vAlign=center align=right width="14%">83,488 </TD></TR>
  <TR vAlign=top>
    <TD vAlign=center align=left>Bruce D. Hansen </TD>
    <TD vAlign=center align=right width="14%">10,000 </TD>
    <TD vAlign=center align=right width="14%">5.87 </TD>
    <TD vAlign=center align=right width="14%">1/23/2019 </TD>
    <TD vAlign=center align=right width="14%">Nil </TD>
    <TD vAlign=center align=right width="14%">69,989 </TD>
    <TD vAlign=center align=right width="14%">199,469 </TD></TR>
  <TR vAlign=top>
    <TD vAlign=center align=left>Dennis Higgs </TD>
    <TD vAlign=center align=right width="14%">8,925 <BR>17,212 <BR>17,212
      <BR>27,412 <BR>18,615 </TD>
    <TD vAlign=center align=right width="14%">5.22 <BR>7.42 <BR>5.18 <BR>4.79
      <BR>4.48 </TD>
    <TD vAlign=center align=right width="14%">1/5/2020 <BR>12/12/2021
      <BR>12/16/2022 <BR>7/11/2023 <BR>1/16/2025 </TD>
    <TD vAlign=center align=right width="14%">Nil <BR>Nil <BR>Nil <BR>Nil
      <BR>Nil </TD>
    <TD vAlign=center align=right width="14%">57,550 </TD>
    <TD vAlign=center align=right width="14%">164,018 </TD></TR>
  <TR vAlign=top>
    <TD vAlign=center align=left>Robert W. Kirkwood </TD>
    <TD vAlign=center align=right width="14%">Nil </TD>
    <TD vAlign=center align=right width="14%">Nil </TD>
    <TD vAlign=center align=right width="14%">Nil </TD>
    <TD vAlign=center align=right width="14%">Nil </TD>
    <TD vAlign=center align=right width="14%">64,113 </TD>
  <TD vAlign=center align=right width="14%">182,722</TD></TR></TABLE>
</DIV>
<P align=justify>Notes: </P>
<TABLE
style="BORDER-COLOR: black; FONT-SIZE: 10pt; BORDER-COLLAPSE: collapse; "
cellSpacing=0 cellPadding=0 width="100%" border=0 BCLLIST>

  <TR>
    <TD width="5%"  >&nbsp;</TD>
    <TD vAlign=top width="5%">(1) </TD>
    <TD>
      <P align=justify>The share-based awards were comprised of RSUs, which were
      granted during 2017 and 2018. One half of the RSUs vest on the first
      anniversary of the date of grant, another 25% will vest on the second
      anniversary of the date of grant and the remaining 25% will vest on the
      third anniversary of the date of grant. Upon vesting, each RSU entitles
      the holder thereof to one Common Share without the payment of any
      additional consideration;</P></TD></TR>
  <TR>
    <TD width="5%" >&nbsp;</TD>
    <TD vAlign=top width="5%">(2) </TD>
    <TD>
      <P align=justify>Barbara A. Filas was appointed to the Board on March 12,
      2018. Mark S. Chalmers, the current President and CEO of the Corporation,
      was appointed to the Board on February 1, 2018. As President and CEO, Mr.
      Chalmers will not be paid any fees or equity grants for acting as a
      director;</P></TD></TR>
  <TR>
    <TD width="5%" >&nbsp;</TD>
    <TD vAlign=top width="5%">(3) </TD>
    <TD>
      <P align=justify>The number of options and the exercise price of the
      options have been adjusted to take into account the
  Consolidation.</P></TD></TR>
  <TR>
    <TD width="5%" >&nbsp;</TD>
    <TD vAlign=top width="5%">(4) </TD>
    <TD>
      <P align=justify>The Options were granted and are reported in Canadian
      dollars and were translated into U.S. dollars at the December 31, 2018
      foreign exchange rate of 1 Cdn.$ = $0.7330 U.S. dollar.</P></TD></TR>
  <TR>
    <TD width="5%" >&nbsp;</TD>
    <TD vAlign=top width="5%">(5) </TD>
    <TD>
      <P align=justify>Mr. Carroll will not be standing for re-election at the
      Meeting.</P></TD></TR></TABLE>
<P align=justify><U>Incentive Plan Awards &#150; Value Vested or Earned During the
12-Month Period Ended December 31, 2018</U></P>
<DIV>
<TABLE
style="BORDER-COLOR: black; FONT-SIZE: 10pt; BORDER-COLLAPSE: collapse; "
borderColor=#000000 cellSpacing=0 cellPadding=3 width="100%" border=1>

  <TR vAlign=top>
    <TD align=center vAlign=center bgcolor="#E6EFFF"><B>Name <SUP>(1) </SUP></B></TD>
    <TD width="25%" align=center vAlign=center bgcolor="#E6EFFF"><B>Option-Based Awards &#150; Value
      </B><BR>
      <B>Vested During the Year </B><BR><B>(US$) </B></TD>
    <TD width="25%" align=center vAlign=center bgcolor="#E6EFFF"><B>Share-Based Awards &#150; Value
      </B><BR>
      <B>Vested During the Year </B><BR><B>(US$)</B><B><SUP>(2)
      </SUP></B></TD>
    <TD width="25%" align=center vAlign=center bgcolor="#E6EFFF"><B>Non-Equity Incentive Plan
      </B><BR>
      <B>Compensation &#150; Value </B><BR><B>Earned During the Year
      </B><BR><B>(US$) </B></TD></TR>
  <TR vAlign=top>
    <TD align=left>J. Birks Bovaird </TD>
    <TD align=right width="25%">Nil </TD>
    <TD align=right width="25%">124,440 </TD>
    <TD align=left width="25%">&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;
      &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;
      &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;Nil </TD></TR>
  <TR vAlign=top>
    <TD align=left>Paul A. Carroll<SUP>(3) </SUP></TD>
    <TD align=right width="25%">Nil </TD>
    <TD align=right width="25%">103,698 </TD>
    <TD align=left width="25%">&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;
      &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;
      &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;Nil </TD></TR>
  <TR vAlign=top>
    <TD align=left>Benjamin Eshleman III </TD>
    <TD align=right width="25%">Nil </TD>
    <TD align=right width="25%">85,825 </TD>
    <TD align=left width="25%">&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;
      &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;
      &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;Nil </TD></TR>
  <TR vAlign=top>
    <TD align=left>Barbara A. Filas </TD>
    <TD align=right width="25%">Nil </TD>
    <TD align=right width="25%">42,623 </TD>
    <TD align=left width="25%">&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;
      &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;
      &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;Nil </TD></TR>
  <TR vAlign=top>
    <TD align=left>Bruce D. Hansen </TD>
    <TD align=right width="25%">Nil </TD>
    <TD align=right width="25%">116,484 </TD>
    <TD align=left width="25%">&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;
      &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;
      &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;Nil </TD></TR>
  <TR vAlign=top>
    <TD align=left>Dennis L. Higgs </TD>
    <TD align=right width="25%">Nil </TD>
    <TD align=right width="25%">95,745 </TD>
    <TD align=left width="25%">&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;
      &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;
      &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;Nil </TD></TR>
  <TR vAlign=top>
    <TD align=left>Robert W. Kirkwood </TD>
    <TD align=right width="25%">Nil </TD>
    <TD align=right width="25%">93,286 </TD>
    <TD align=left width="25%">&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;
      &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;
      &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;Nil
</TD></TR></TABLE></DIV>
<P align=justify>Notes: </P>
<TABLE
style="BORDER-COLOR: black; FONT-SIZE: 10pt; BORDER-COLLAPSE: collapse; "
cellSpacing=0 cellPadding=0 width="100%" border=0 BCLLIST>

  <TR>
    <TD vAlign=top width="5%">(1) </TD>
    <TD>
      <P align=justify>Barbara A. Filas was appointed to the Board on March 12,
      2018. Mark S. Chalmers, the current President and CEO of the Corporation,
      was appointed to the Board on February 1, 2018. As President and CEO, Mr.
      Chalmers will not be paid any fees or equity grants for acting as a
      director.</P></TD></TR>
  <TR>
    <TD vAlign=top width="5%">(2) </TD>
    <TD>
      <P align=justify>The value of share-based awards vesting, reported herein,
      reflect previously granted RSUs that vested in 2018, and include the value
      of those shares withheld from issuance to cover the Directors&#146; respective
      tax withholding obligations (with the exception of U.S.- based Directors,
      who are not considered employees of the Corporation).</P></TD></TR>
  <TR>
    <TD vAlign=top width="5%">(3) </TD>
    <TD>
      <P align=justify>Mr. Carroll will not be standing for re-election at the
      Meeting.</P></TD></TR></TABLE>
<P align=center>44 </P>
<HR style="PAGE-BREAK-AFTER: always" align=center width="100%" color=black
noShade SIZE=5>
<A name=page_52></A>
<P align=justify><U>Share Ownership Requirement </U></P>
<P align=justify>At its meeting held on January 23, 2014, the Board adopted a
share ownership requirement for Board members. It provides that all non-employee
directors must own a requisite number of Common Shares by the later of five
years from the commencement of their directorship or the date on which the
Common Share ownership requirement was adopted. Under this requirement,
non-employee directors are required to own Common Shares with a value equal to
twice the value of their annual director retainers. The Common Shares are valued
at the higher of the price they were acquired or the year-end closing price of
the Common Shares on the TSX or NYSE American for the previous year. Further,
until such time as a non-employee director reaches his or her share ownership
requirement, the non-employee director is required to hold 50% of all Common
Shares received upon exercise of stock options (net of any Common Shares
utilized to pay for the exercise price of the option and tax withholding) and
shall not otherwise sell or transfer any Common Shares. This requirement does
not apply to a nominee of a shareholder of the Corporation pursuant to a
contractual right of the shareholder to nominate one or more directors to the
Board. All of the directors of the Corporation are currently in compliance with
this policy.</P>
<P align=justify><B>Securities Authorized for Issuance under Equity Compensation
Plans </B></P>
<P align=justify>The following table provides information as of December 31,
2018, concerning options and RSUs outstanding pursuant to the Equity Incentive
Plan as well as outstanding Uranerz Replacement Options (defined below, see
&#147;<I>Uranerz Replacement Options</I>&#148;), which have been approved by
shareholders:</P>
<DIV>
<TABLE
style="BORDER-COLOR: black; FONT-SIZE: 10pt; BORDER-COLLAPSE: collapse; "
borderColor=#000000 cellSpacing=0 cellPadding=3 width="100%" border=1>

  <TR vAlign=top>
    <TD align=center vAlign=center bgcolor="#E6EFFF"><B>Plan Category </B></TD>
    <TD width="25%" align=center vAlign=center bgcolor="#E6EFFF"><B>Number of Common Shares
      </B><BR>
      <B>to be issued upon exercise of </B><BR><B>outstanding options,
      warrants </B><BR><B>and rights</B><B><SUP>(1) </SUP></B></TD>
    <TD width="25%" align=center vAlign=center bgcolor="#E6EFFF"><B>Weighted-average exercise
      price </B><BR>
      <B>of outstanding options, </B><BR><B>warrants and rights
      (US$) </B><STRONG><SUP>(1)(3) </SUP></STRONG></TD>
    <TD width="25%" align=center vAlign=center bgcolor="#E6EFFF"><B>Number of Common Shares
      </B><BR>
      <B>remaining available for future </B><BR><B>issuance <SUP>(1)
      </SUP></B></TD></TR>
  <TR vAlign=top>
    <TD align=left>Energy Fuels Omnibus Equity <BR>Incentive Plan </TD>
    <TD align=right width="25%">2,649,438<SUP>(2) </SUP><BR></TD>
    <TD align=right width="25%">3.54 <BR></TD>
    <TD align=right width="25%">6,495,069 <BR></TD></TR>
  <TR vAlign=top>
    <TD align=left>Uranerz Replacement Options </TD>
    <TD align=right width="25%">663,503 </TD>
    <TD align=right width="25%">5.87 </TD>
    <TD align=right width="25%">Nil </TD></TR>
  <TR vAlign=top>
    <TD align=left>Total </TD>
    <TD align=right width="25%">3,415,705 </TD>
    <TD align=right width="25%">3.84 </TD>
    <TD align=right width="25%">6,495,069 </TD></TR></TABLE></DIV>
<P align=justify>Notes: </P>
<TABLE
style="BORDER-COLOR: black; FONT-SIZE: 10pt; BORDER-COLLAPSE: collapse; "
cellSpacing=0 cellPadding=0 width="100%" border=0 BCLLIST>

  <TR>
    <TD width="5%"  >&nbsp;</TD>
    <TD vAlign=top width="5%">(1) </TD>
    <TD>
      <P align=justify>The number of Common Shares, and the exercise price
      thereof, has been adjusted to take into account the
  Consolidation.</P></TD></TR>
  <TR>
    <TD width="5%" >&nbsp;</TD>
    <TD vAlign=top width="5%">(2) </TD>
    <TD>
      <P align=justify>Includes 1,069,251 stock options and 1,580,187 RSUs. With
      a few exceptions, each RSU generally vests as to 50% one year after the
      date of grant, as to another 25% two years after the date of grant and as
      to the remaining 25% three years after the date of grant. Upon vesting,
      each RSU entitles the holder to receive one Common Share without any
      additional payment.</P></TD></TR>
  <TR>
    <TD width="5%" >&nbsp;</TD>
    <TD vAlign=top width="5%">(3) </TD>
    <TD>
      <P align=justify>1,580,187 RSUs have been excluded from the weighted
      average exercise price because they have no exercise
  price.</P></TD></TR></TABLE>
<P align=justify><B>2018 Amended and Restated Omnibus Equity Incentive
Compensation Plan </B></P>
<P align=justify><U>Summary of Equity Incentive Plan </U></P>
<P align=justify>The following is a summary of the principal terms of the Equity
Incentive Plan, which is qualified in its entirety by reference to the text of
the Equity Incentive Plan. The Board or a committee authorized by the Board (the
&#147;<B>Committee</B>&#148;) is responsible for administering the Equity Incentive Plan.
</P>
<P align=justify>The annual burn rate under the Equity Incentive Plan, as
defined by Section 613(p) of the TSX Company Manual, is the number of securities
granted under the arrangement during the applicable fiscal year<SUP>2
</SUP>divided by the weighted average number of securities outstanding for the applicable
fiscal year, for the years ended December 31, 2018, 2017 and 2016, respectively,
are as follows: </P>
<P
align=justify><SUP>______________________________________________________<BR>2
</SUP>For purposes of this table, all equity is reported in the year granted,
not necessarily earned. </P>
<P align=center>45 </P>
<HR style="PAGE-BREAK-AFTER: always" align=center width="100%" color=black
noShade SIZE=5>
<A name=page_53></A>
<DIV>
<TABLE
style="BORDER-COLOR: black; FONT-SIZE: 10pt; BORDER-COLLAPSE: collapse; "
borderColor=#000000 cellSpacing=0 cellPadding=3 width="100%" border=1>

  <TR vAlign=top>
    <TD align=center bgcolor="#E6EFFF">&nbsp; </TD>
    <TD width="15%" align=center bgcolor="#E6EFFF"><B>2018</B> </TD>
    <TD width="15%" align=center bgcolor="#E6EFFF"><B>2017</B> </TD>
    <TD width="15%" align=center bgcolor="#E6EFFF"><B>2016</B> </TD>
  </TR>
  <TR vAlign=top>
    <TD align=left><B>Weighted Average Number of Securities Outstanding</B>
</TD>
    <TD align=right width="15%">83,475,399 </TD>
    <TD align=right width="15%">70,859,107 </TD>
    <TD align=right width="15%">56,441,058 </TD></TR>
  <TR vAlign=top>
    <TD align=left><B>Options Granted</B> </TD>
    <TD align=right width="15%">442,956 </TD>
    <TD align=right width="15%">738,893 </TD>
    <TD align=right width="15%">449,537 </TD></TR>
  <TR vAlign=top>
    <TD align=left><B>RSUs Granted</B> </TD>
    <TD align=right width="15%">1,191,132 </TD>
    <TD align=right width="15%">1,390,705 </TD>
    <TD align=right width="15%">1,205,336 </TD></TR>
  <TR vAlign=top>
    <TD align=left><B>Total Securities Awarded under the Arrangement</B> </TD>
    <TD align=right width="15%">1,634,088 </TD>
    <TD align=right width="15%">2,129,598 </TD>
    <TD align=right width="15%">1,654,873 </TD></TR>
  <TR vAlign=top>
    <TD align=left bgcolor="#EEEEEE"><B>Burn Rate</B> </TD>
    <TD width="15%" align=right bgcolor="#EEEEEE"><B>2.0%</B> </TD>
    <TD width="15%" align=right bgcolor="#EEEEEE"><B>3.0%</B> </TD>
    <TD width="15%" align=right bgcolor="#EEEEEE"><B>2.9%</B> </TD>
  </TR></TABLE></DIV>
<P align=justify>The Equity Incentive Plan will permit the Committee to grant
awards (&#147;<B>Awards</B>&#148;) to eligible participants thereunder
(&#147;<B>Participants</B>&#148;) for non-qualified stock options (&#147;<B>NQSOs</B>&#148;),
incentive stock options (&#147;<B>ISOs</B>&#148; and together with NQSOs,
&#147;<B>Options</B>&#148;), SARs, restricted stock (&#147;<B>Restricted Stock</B>&#148;), RSUs,
deferred share units (&#147;<B>DSUs</B>&#148;),<B> </B>performance shares (&#147;<B>Performance
Shares</B>&#148;), performance units (&#147;<B>Performance Units</B>&#148;) and stock-based
awards (&#147;<B>SBAs</B>&#148;) to Eligible Participants. </P>
<P align=justify>The number of Common Shares reserved for issuance under the
Equity Incentive Plan shall not exceed 10% of the then issued and outstanding
Common Shares from time to time. Subject to applicable law, the requirements of
the TSX or the NYSE American and any shareholder or other approval which may be
required, the Board may in its discretion amend the Plan to increase such limit
without notice to any Participants. The number of Common Shares reserved for
issuance to insiders of the Corporation pursuant to the Equity Incentive Plan
together with all other share compensation arrangements shall not exceed 10% of
the outstanding Common Shares. Within any one-year period, the number of Common
Shares issued to insiders pursuant to the Equity Incentive Plan and all other
share compensation arrangements of the Corporation will not exceed an aggregate
of 10% of the outstanding Common Shares.</P>
<P align=justify>Pursuant to the rules of the TSX, since the Equity Incentive
Plan provides for a maximum number of Common Shares issuable thereunder based on
a percentage of the outstanding Common Shares from time to time, the Equity
Incentive Plan must be renewed by approval of the shareholders of the
Corporation every three years. </P>
<P align=justify><I>Options </I></P>
<P align=justify>The exercise price for any Option granted pursuant to the
Equity Incentive Plan will be determined by the Committee and specified in the
Award Agreement, provided however, that the price will not be less than the fair
market value (the &#147;<B>FMV</B>&#148;) of the Common Shares on the day of grant (which
cannot be less than the greater of (a) the volume weighted average trading price
of the Common Shares on the TSX or the NYSE American for the five trading days
immediately prior to the grant date; or (b) the closing price of the
Corporation&#146;s Common Shares on the TSX or the NYSE American on the trading day
immediately prior to the grant date), provided further, that the exercise price
for an ISO granted to a holder of 10% or more of the Corporation&#146;s Common Shares
(a &#147;<B>Significant Shareholder</B>&#148;)<B> </B>shall not be less than 110% of the
FMV.</P>
<P align=justify>Options will expire at such time as the Committee determines at
the time of grant; provided, however that no Option will be exercisable later
than the tenth anniversary date of its grant and, provided further, that no ISO
granted to a Significant Shareholder shall be exercisable after the expiration
of five years from the date of grant, except where the expiry date of any NQSO
would occur in a blackout period or within five days after the end of a blackout
period, in which case the expiry date will be automatically extended to the
tenth business day following the last day of a blackout period. </P>
<P align=center>46 </P>
<HR style="PAGE-BREAK-AFTER: always" align=center width="100%" color=black
noShade SIZE=5>
<A name=page_54></A>
<P align=justify><I>SARs </I></P>
<P align=justify>A stock appreciation right or an SAR entitles the holder to
receive the difference between the FMV of a Common Share on the date of exercise
and the grant price. The grant price of an SAR will be determined by the
Committee and specified in the Award Agreement. The price will not be less than
the FMV of the Corporation&#146;s Common Shares on the day of grant.</P>
<P align=justify>Upon the exercise of an SAR, a Participant shall be entitled to
receive payment from the Corporation in an amount representing the difference
between the FMV of the underlying Common Shares on the date of exercise over the
grant price. At the discretion of the Committee, the payment may be in cash,
Common Shares or some combination thereof. </P>
<P align=justify><I>Restricted Stock and RSUs</I></P>
<P align=justify>Restricted Stock are awards of Common Shares that are subject
to forfeiture based on the passage of time, the achievement of performance
criteria, and/or the occurrence of other events, over a period of time, as
determined by the Committee. RSUs are similar to Restricted Stock but provide a
right to receive Common Shares or cash or a combination of the two upon
settlement.</P>
<P align=justify>To the extent required by law, holders of Restricted Stock
shall have voting rights during the restricted period; however, holders of RSUs
shall have no voting rights until and unless Common Shares are issued on the
settlement of such RSUs.</P>
<P align=justify><I>DSUs </I></P>
<P align=justify>DSUs are awards denominated in units that provide the holder
with a right to receive Common Shares or cash or a combination of the two upon
settlement.</P>
<P align=justify><I>Performance Shares and Performance Share Units</I></P>
<P align=justify>Performance Shares are awards, denominated in Common Shares,
the value of which, at the time they are payable, are determined as a function
of the extent to which corresponding performance criteria have been achieved.
Performance Units are equivalent to Performance Shares but are denominated in
units. The extent to which the performance criteria are met will determine the
ultimate value and/or number of Performance Shares or Performance Units that
will be paid to the Participant.</P>
<P align=justify>The Committee may pay earned Performance Shares or Performance
Units in the form of cash or Common Shares equal to the value of the Performance
Share or Performance Unit at the end of the performance period. The Committee
may determine that holders of Performance Shares or Performance Units be
credited with consideration equivalent to dividends declared by the Board and
paid on outstanding Common Shares.</P>
<P align=justify><I>SBAs </I></P>
<P align=justify>The Committee may, to the extent permitted by the TSX and the
NYSE American, as applicable, grant other types of equity-based or
equity-related Awards not otherwise described by the terms of the Equity
Incentive Plan in such amounts and subject to such terms and conditions as the
Committee determines. Such SBAs may involve the transfer of actual Common Shares
to Participants, or payment in cash or otherwise of amounts based on the value
of Common.</P>
<P align=justify><I>Cessation of Awards </I></P>
<P align=justify>Upon termination of the Participant&#146;s employment or term of
office or engagement with the Corporation for any reason other than death: (i) any of the Options held by the
Participant that are exercisable on the termination date continue to be
exercisable until the earlier of three months (six months in the case of a
voluntary retirement) after the termination date and the date on which the
exercise period of the Option expires, and any Options that have not vested at
the termination date shall immediately expire; (ii) any RSUs held by a
Participant that have vested at the termination date will be paid to the
Participant and any RSUs that have not vested at the termination date will be
immediately cancelled unless otherwise determined by the Committee ; and (iii)
the treatment for all other types of Awards shall be as set out in the
applicable Award agreement.</P>
<P align=center>47 </P>
<HR style="PAGE-BREAK-AFTER: always" align=center width="100%" color=black
noShade SIZE=5>
<A name=page_55></A>
<P align=justify><I>Corporate Reorganization and Change of Control </I></P>
<P align=justify>In connection with a Corporate Reorganization, the Committee
will have the discretion to permit a holder of Options to purchase, and the
holder shall be required to accept, on the exercise of such Option, in lieu of
Common Shares, securities or other property that the holder would have been
entitled to receive as a result of the Corporate Reorganization if that holder
had owned all Common Shares that were subject to the Option. </P>
<P align=justify>In the event of a Change of Control (as defined in the Equity
Incentive Plan), subject to applicable laws and rules and regulations of a
national exchange or market on which the Common Shares are listed or as
otherwise provided in any Award agreement, (a) all Options and SARs shall be
accelerated to become immediately exercisable; (b) all restrictions imposed on
Restricted Stock and RSUs shall lapse and RSUs shall be immediately settled and
payable; (c) target payout opportunities attainable under all outstanding Awards
of performance-based Restricted Stock, performance-based RSUs, Performance Units
and Performance Shares shall be deemed to have been fully earned; (d) unless
otherwise specifically provided in a written agreement entered into between the
Participant and the Corporation or an Affiliate, the Committee shall immediately
cause all other Stock-Based Awards to vest and be paid out as determined by the
Committee, and (e) the Committee will have discretion to cancel all outstanding
Awards, and the value of such Awards will be paid in cash based on the change of
control price.</P>
<P align=justify>Notwithstanding the above, no acceleration of vesting,
cancellation, lapsing of restrictions, payment of an Award, cash settlement or
other payment will occur with respect to an Award if the Committee determines,
in good faith, that the Award will be honoured, assumed or substituted by a
successor corporation, provided that such honoured, assumed or substituted Award
must: (a) be based on stock which is traded on the TSX and/or the NYSE American
or another established securities market in the United States; (b) provide such
Participant with rights and entitlements substantially equivalent to or better
than the rights, terms and conditions applicable under such Award; (c)
recognize, for the purpose of vesting provisions, the time that the Award has
been held prior to the Change of Control; (d) have substantially equivalent
economic value to such Award; and (e) have terms and conditions which provide
that in the event a Participant&#146;s employment with the Corporation, and affiliate
or a successor Corporation is involuntarily terminated or constructively
terminated at any time within twelve months of the Change of Control, any
conditions on a Participant&#146;s rights under, or any restrictions on transfer or
exercisability applicable to such alternative Award shall be waived or shall
lapse, as the case may be. </P>
<P align=justify><U>Amending the Equity Incentive Plan</U></P>
<P align=justify>Except as set out below, and as otherwise provided by law or
stock exchange rules, the Equity Incentive Plan may be amended, altered
modified, suspended or terminated by the Committee at any time, without notice
or approval from shareholders, including but not limited to for the purposes of:
</P>
<TABLE
style="BORDER-COLOR: black; FONT-SIZE: 10pt; BORDER-COLLAPSE: collapse; "
cellSpacing=0 cellPadding=0 width="100%" border=0 BCLLIST>

  <TR>
    <TD vAlign=top width="5%">(a) </TD>
    <TD>
      <P align=justify>making any acceleration of or other amendments to the
      general vesting provisions of any Award;</P></TD></TR>
  <TR>
    <TD width="5%">&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR>
    <TD vAlign=top width="5%">(b) </TD>
    <TD>
      <P align=justify>waiving any termination of, extending the expiry date of,
      or making any other amendments to the general term of any Award or
      exercise period thereunder provided that no Award held by an insider may
      be extended beyond its original expiry date;</P></TD></TR>
  <TR>
    <TD width="5%">&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR>
    <TD vAlign=top width="5%">(c) </TD>
    <TD>
      <P align=justify>making any amendments to add covenants or obligations of
      the Corporation for the protection of
Participants;</P></TD></TR></TABLE>
<P align=center>48 </P>
<HR style="PAGE-BREAK-AFTER: always" align=center width="100%" color=black
noShade SIZE=5>
<A name=page_56></A><BR>
<TABLE
style="BORDER-COLOR: black; FONT-SIZE: 10pt; BORDER-COLLAPSE: collapse; "
cellSpacing=0 cellPadding=0 width="100%" border=0 BCLLIST>

  <TR>
    <TD vAlign=top width="5%">(d) </TD>
    <TD>
      <P align=justify>making any amendments not inconsistent with the Plan as
      may be necessary or desirable with respect to matters or questions which,
      in the good faith opinion of the Board, it may be expedient to make,
      including amendments that are desirable as a result of changes in law or
      as a &#147;housekeeping&#148; matter; or</P></TD></TR>
  <TR>
    <TD width="5%">&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR>
    <TD vAlign=top width="5%">(e) </TD>
    <TD>
      <P align=justify>making such changes or corrections which are required for
      the purpose of curing or correcting any ambiguity or defect or
      inconsistent provision or clerical omission or mistake or manifest
      error.</P></TD></TR></TABLE>
<P align=justify>Amendments requiring the prior approval of the Corporation&#146;s
shareholders are: (i) a reduction in the price of a previously granted Option or
SAR benefitting an insider; (ii) an increase in the total number of Common
Shares available under the Equity Incentive Plan or the total number of Common
Shares available for ISOs; (iii) an increase to the limit on the number of
Common Shares issued or issuable to insiders; (iv) an extension of the expiry
date of an Option or SAR other than in relation to a blackout period; and (v)
any amendment to the amendment provisions of the Equity Incentive Plan.</P>
<P align=justify><B>Uranerz Replacement Options </B></P>
<P align=justify>On June 18, 2015, in connection with the acquisition of
Uranerz, the Corporation issued 2,048,000 stock options of the Corporation, by
assuming the then-existing options granted pursuant to the Uranerz 2005 Stock
Option Plan, as amended on June 10, 2009 (the &#147;<B>2005 Stock Option Plan</B>&#148;).
As of the date hereof, there are 491,888 stock options outstanding under the
2005 Stock Option Plan (the &#147;<B>Uranerz Replacement Options</B>&#148;). These options
are now exercisable for Common Shares of the Corporation, adjusted to take into
account the share exchange ratio applicable to that acquisition. No further
stock options will be granted pursuant to the 2005 Stock Option Plan. The
options have varying expiry dates with the last options expiring in June 2025.
</P>
<P align=center><B>SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND
MANAGEMENT AND </B><BR><B>RELATED SHAREHOLDER MATTERS </B><BR></P>
<P align=justify>The following tables set forth information as of April 9, 2019
regarding the ownership of our Common Shares by each NEO, each director and all
directors and NEOs as a group. Except as set out below, the Corporation is not
aware of any person who owns more than 5% of our Common Shares. </P>
<P align=justify>The number of Common Shares beneficially owned and the
percentage of common shares beneficially owned are based on a total of
93,417,446 Common Shares issued and outstanding as of April 9, 2019.</P>
<P align=justify>Beneficial ownership is determined in accordance with the rules
and regulations of the SEC. Common Shares subject to options that are
exercisable within 60 days following April 9, 2019 are deemed to be outstanding
and beneficially owned by the optionee or holder for the purpose of computing
share and percentage ownership of that optionee or holder but are not deemed to
be outstanding for the purpose of computing the percentage ownership of any
other person. No RSUs vest within 60 days after April 9, 2019. Except as
indicated in the footnotes to this table, and as affected by applicable
community property laws, all persons listed have sole or shared voting and
investment power for all Common Shares shown as beneficially owned by them.</P>
<P align=justify>As of April 9, 2019, there were 93,417,446 Common Shares issued
and outstanding as fully paid and non-assessable and carrying a right to one
vote per share. The following table sets forth certain information regarding the
direct ownership of Common Shares as of April 9, 2019 by: (i) each of Energy
Fuels&#146; directors; (ii) each of Energy Fuels&#146; NEOs; and (iii) all of Energy
Fuels&#146; NEOs and directors as a group.</P>
<P align=center>49 </P>
<HR style="PAGE-BREAK-AFTER: always" align=center width="100%" color=black
noShade SIZE=5>
<A name=page_57></A>
<P align=justify><B>Beneficial ownership</B></P>
<DIV>
<TABLE
style="BORDER-COLOR: black; FONT-SIZE: 10pt; BORDER-COLLAPSE: collapse; "
borderColor=#000000 cellSpacing=0 cellPadding=3 width="100%" border=1>

  <TR vAlign=top>
    <TD align=center vAlign=center bgcolor="#E6EFFF"><B>Beneficial Owner (Named Executive</B>
      <BR>
      <B>Officers and Directors)</B><B><SUP>(1)(2)</SUP></B> </TD>
    <TD width="15%" align=center vAlign=center bgcolor="#E6EFFF"><B>Shares of</B> <BR>
      <B>Common
      Stock</B> <BR><B>Currently Owned</B> </TD>
    <TD width="15%" align=center vAlign=center bgcolor="#E6EFFF"><B>Shares of Common</B>
      <BR>
      <B>Stock Acquirable</B> <BR><B>Within 60 days</B><B><SUP>(3)</SUP></B>
    </TD>
    <TD width="15%" align=center vAlign=center bgcolor="#E6EFFF"><B>Total</B> </TD>
    <TD width="15%" align=center vAlign=center bgcolor="#E6EFFF"><B>Percent of
      Class</B><B><SUP>(4)</SUP></B> </TD>
  </TR>
  <TR vAlign=top>
    <TD align=left>J. Birks Bovaird </TD>
    <TD align=right width="15%">79,295 </TD>
    <TD align=right width="15%">Nil </TD>
    <TD align=right width="15%">79,295 </TD>
    <TD align=right width="15%">0.085% </TD></TR>
  <TR vAlign=top>
    <TD align=left>Paul A. Carroll<SUP>(9)</SUP> </TD>
    <TD align=right width="15%">46,234 </TD>
    <TD align=right width="15%">Nil </TD>
    <TD align=right width="15%">46,234 </TD>
    <TD align=right width="15%">0.049% </TD></TR>
  <TR vAlign=top>
    <TD align=left>Mark S. Chalmers </TD>
    <TD align=right width="15%">122,976 </TD>
    <TD align=right width="15%">Nil </TD>
    <TD align=right width="15%">122,976 </TD>
    <TD align=right width="15%">0.132% </TD></TR>
  <TR vAlign=top>
    <TD align=left>Benjamin Eshleman III<SUP>(5)</SUP> </TD>
    <TD align=right width="15%">4,185,070 </TD>
    <TD align=right width="15%">Nil </TD>
    <TD align=right width="15%">4,185,070 </TD>
    <TD align=right width="15%">4.480% </TD></TR>
  <TR vAlign=top>
    <TD align=left>Barbara A. Filas<SUP>(6)</SUP> </TD>
    <TD align=right width="15%">14,647 </TD>
    <TD align=right width="15%">Nil </TD>
    <TD align=right width="15%">14,647 </TD>
    <TD align=right width="15%">0.016% </TD></TR>
  <TR vAlign=top>
    <TD align=left>David C. Frydenlund </TD>
    <TD align=right width="15%">153,289 </TD>
    <TD align=right width="15%">Nil </TD>
    <TD align=right width="15%">153,289 </TD>
    <TD align=right width="15%">0.164% </TD></TR>
  <TR vAlign=top>
    <TD align=left>W. Paul Goranson </TD>
    <TD align=right width="15%">153,211 </TD>
    <TD align=right width="15%">82,365 </TD>
    <TD align=right width="15%">235,576 </TD>
    <TD align=right width="15%">0.252% </TD></TR>
  <TR vAlign=top>
    <TD align=left>Bruce D. Hansen </TD>
    <TD align=right width="15%">102,935 </TD>
    <TD align=right width="15%">Nil </TD>
    <TD align=right width="15%">102,935 </TD>
    <TD align=right width="15%">0.110% </TD></TR>
  <TR vAlign=top>
    <TD align=left>Dennis L. Higgs </TD>
    <TD align=right width="15%">287,021 </TD>
    <TD align=right width="15%">89,376 </TD>
    <TD align=right width="15%">376,397 </TD>
    <TD align=right width="15%">0.403% </TD></TR>
  <TR vAlign=top>
    <TD align=left>Robert W. Kirkwood<SUP>(7)</SUP> </TD>
    <TD align=right width="15%">423,915 </TD>
    <TD align=right width="15%">Nil </TD>
    <TD align=right width="15%">423,915 </TD>
    <TD align=right width="15%">0.454% </TD></TR>
  <TR vAlign=top>
    <TD align=left>Curtis H. Moore </TD>
    <TD align=right width="15%">50,297 </TD>
    <TD align=right width="15%">5,000 </TD>
    <TD align=right width="15%">55,297 </TD>
    <TD align=right width="15%">0.059% </TD></TR>
  <TR vAlign=top>
    <TD align=left>Current Directors and Named Executive Officers as a Group
      (11 total)<SUP>(8)</SUP> </TD>
    <TD align=right width="15%">5,618,890 </TD>
    <TD align=right width="15%">176,741 </TD>
    <TD align=right width="15%">5,795,631 </TD>
    <TD align=right width="15%">6.204% </TD></TR></TABLE></DIV>
<P align=justify>Notes: </P>
<TABLE
style="BORDER-COLOR: black; FONT-SIZE: 10pt; BORDER-COLLAPSE: collapse; "
cellSpacing=0 cellPadding=0 width="100%" border=0 BCLLIST>

  <TR>
    <TD width="5%"  >&nbsp;</TD>
    <TD vAlign=top width="5%">(1) </TD>
    <TD>
      <P align=justify>Except as otherwise indicated, the address for each
      beneficial owner is 225 Union Blvd., Suite 600, Lakewood, Colorado
      80228.</P></TD></TR>
  <TR>
    <TD width="5%" >&nbsp;</TD>
    <TD vAlign=top width="5%">(2) </TD>
    <TD>
      <P align=justify>Stephen P. Antony, our former CEO, and Daniel G. Zang,
      our former CFO, were named executive officers during the financial year
      ended December 31, 2018. Mr. Antony retired from his position effective
      January 31, 2018 and Mr. Zang ceased being CFO effective March 1, 2018,
      and Mr. White ceased being Vice President, Technical Services of the
      Corporation&#146;s subsidiary, Energy Fuels Resources (USA) Inc. on February
      28, 2019. As a result, none of these individuals are included in this
      table.</P></TD></TR>
  <TR>
    <TD width="5%" >&nbsp;</TD>
    <TD vAlign=top width="5%">(3) </TD>
    <TD>
      <P align=justify>With respect to Energy Fuels&#146; NEOs and Energy Fuels&#146;
      directors, this amount includes common shares, which could be acquired
      upon exercise of stock options which are either currently vested and
      exercisable or will vest and become exercisable within 60 days after April
      8, 2019. No RSUs vest within 60 days after April 9, 2019.</P></TD></TR>
  <TR>
    <TD width="5%" >&nbsp;</TD>
    <TD vAlign=top width="5%">(4) </TD>
    <TD>
      <P align=justify>Based on 93,417,446 Common Shares outstanding on April 9,
      2019.</P></TD></TR>
  <TR>
    <TD width="5%" >&nbsp;</TD>
    <TD vAlign=top width="5%">(5) </TD>
    <TD>
      <P align=justify>Benjamin Eshleman III has an indirect beneficial interest
      in Common Shares of the Corporation as follows: 1,051,717 held by Jones
      Ranch Unproven Limited Partnership; 185,459 held by Meste&#241;a Unproven
      Limited Partnership; and 2,862,304 held by Meste&#241;a, LLC. In total, these
      indirect beneficial interests in Common Shares represent 4.388% of the
      Class. Mr. Eshleman does not have any direct beneficial interest in Common
      Shares of the Corporation, other than unvested restricted stock units that
      will not become exercisable within 60 days after April 9, 2019.</P></TD></TR>
  <TR>
    <TD width="5%" >&nbsp;</TD>
    <TD vAlign=top width="5%">(6) </TD>
    <TD>
      <P align=justify>Barbara A. Filas was appointed to the Board on March 12,
      2018.</P></TD></TR>
  <TR>
    <TD width="5%" >&nbsp;</TD>
    <TD vAlign=top width="5%">(7) </TD>
    <TD>
      <P align=justify>Robert W. Kirkwood has an indirect beneficial interest in
      Common Shares of the Corporation as follows: 211,275 held by Kirkwood Son
      Trust #2. Mr. Kirkwood has a direct beneficial interest in the remaining
      212,640 Common Shares reported. In total, this indirect beneficial
      interest in Common Shares represents 0.226% of the class.</P></TD></TR>
  <TR>
    <TD width="5%" >&nbsp;</TD>
    <TD vAlign=top width="5%">(8) </TD>
    <TD>
      <P align=justify>The percent of class of Common Shares both directly and
      indirectly held by the Officers and Directors of the Corporation,
      excluding shares of common stock acquirable within 60 days, is
    0.096%.</P></TD></TR>
  <TR>
    <TD width="5%" >&nbsp;</TD>
    <TD vAlign=top width="5%">(9) </TD>
    <TD>
      <P align=justify>Mr. Carroll will not be standing for re-election at the
      Meeting.</P></TD></TR></TABLE>
<P align=center><B>INTEREST OF MANAGEMENT &amp; OTHERS IN MATERIAL TRANSACTIONS
</B></P>
<P align=justify>The Corporation reviews all known relationships and
transactions in which the Corporation and its directors and executive officers
or their immediate family members are participants to determine whether they
qualify for disclosure as a transaction with related persons under Item 404(a)
of Regulation S-K of the Exchange Act. We screen for these relationships and
transactions through the annual circulation of a Directors and Officers
Questionnaire, or a &#147;<B>D&amp;O Questionnaire</B>,&#148; to each member of the board
of directors and each of our officers who is a reporting person under Section 16
of the Exchange Act. The D&amp;O Questionnaire contains questions intended to
identify related persons and transactions between the Corporation and related
persons. The Corporation&#146;s Code of Business Conduct and Ethics requires that any
situation that presents an actual or potential conflict between a director,
officer or employee&#146;s personal interest and the interests of the Corporation
must be reported to the Corporation&#146;s General Counsel or, in the case of reports
by directors, to the Chair of the Corporation&#146;s Audit Committee. Generally, any
related-party transaction that would require disclosure pursuant to Item 404 of
Regulation S-K would require prior approval. Any waivers from these requirements
that are granted for the benefit of the Corporation&#146;s directors or executive
officers must be granted by the Board of Directors of the Corporation.</P>
<P align=center>50 </P>
<HR style="PAGE-BREAK-AFTER: always" align=center width="100%" color=black
noShade SIZE=5>
<A name=page_58></A>
<P align=justify>Except as described in this circular, no (i) officer, director,
promoter or affiliate of the Corporation, (ii) proposed director of the
Corporation, or (iii) associate or affiliate of any of the foregoing persons,
has had any material interest, direct or indirect, in any transaction during the
two fiscal years ended December 31, 2018 and 2017 or in any proposed transaction
which has materially affected or would materially affect the Corporation or its
subsidiaries. </P>
<P align=justify>On May 17, 2017, the Board of Directors of the Corporation
appointed Robert W. Kirkwood and Benjamin Eshleman III to the Board of Directors
of the Corporation. </P>
<P align=justify>Mr. Kirkwood is a principal of the Kirkwood Companies,
including Kirkwood Oil and Gas LLC, Wesco Operating, Inc., and United Nuclear
LLC (&#147;<B>United Nuclear</B>&#148;). United Nuclear, owns a 19% interest in the
Corporation&#146;s Arkose Mining Venture, while the Corporation owns the remaining
81%. The Corporation acts as manager of the Arkose Mining Venture and has
management and control over operations carried out by the Arkose Mining Venture.
The Arkose Mining Venture is a contractual joint venture governed by a venture
agreement dated as of January 15, 2008 entered into by Uranerz Energy
Corporation (a subsidiary of the Corporation) and United Nuclear (the
&#147;<B>Venture Agreement</B>&#148;). </P>
<P align=justify>United Nuclear contributed $0.37 million to the expenses of the
Arkose Joint Venture based on the approved budget for the twelve months ended
December 31, 2017. </P>
<P align=justify>Mr. Benjamin Eshleman III is President of Meste&#241;a, LLC, which
became a shareholder of the Corporation through the Corporation&#146;s acquisition of
Meste&#241;a Uranium, L.L.C (now Alta Mesa LLC) in June 2016 through the issuance of
4,551,284 common shares of the Corporation to the direction of the Sellers (of
which 2,862,304 common shares of the Corporation are currently held by the
Sellers). In connection with the purchase agreement, one of the acquired
companies (the &#147;<B>Acquired Companies</B>&#148;), Leoncito Project, L.L.C. entered
into an Amended and Restated Uranium Testing Permit and Lease Option Agreement
with Meste&#241;a Unproven, Ltd., Jones Ranch Minerals Unproven, Ltd and Meste&#241;a
Proven, Ltd. (collectively the &#147;<B>Grantors</B>&#148;), which requires Leoncito
Project, L.L.C. to make a payment in the amount of $0.60 million to the Grantors
in June 2019 (of which up to 50% may be paid in common shares of the Corporation
at the Corporation&#146;s election). At December 31, 2018, the Corporation has
accrued $0.50 million of this liability on the balance sheet. The Grantors are
managed by Meste&#241;a, LLC. </P>
<P align=justify>Pursuant to the purchase agreement, the Alta Mesa Properties
held by the Acquired Companies are subject to a royalty of 3.125% of the value
of the recovered U<SUB>3</SUB>O<SUB>8&nbsp;</SUB> from the Alta Mesa Properties
sold at a price of $65.00 per pound or less, 6.25% of the value of the recovered
U<SUB>3</SUB>O<SUB>8 </SUB>from the Alta Mesa Properties sold at a price greater
than $65.00 per pound and up to and including $95.00 per pound, and 7.5% of the
value of the recovered U3O8 from the Alta Mesa Properties sold at a price
greater than $95.00 per pound. The royalties are held by the Sellers, and Mr.
Eshleman and his extended family hold all of the ownership interests in the
Sellers. In addition, Mr. Eshleman and certain members of his extended family
are parties to surface use agreements that entitle them to surface use payments
from the Acquired Companies in certain circumstances. The Alta Mesa Properties
are currently being maintained on standby to enable the Corporation to restart
operations as market conditions warrant. Due to the price of
U<SUB>3</SUB>O<SUB>8</SUB>, the Corporation did not pay any royalty payments or
surface use payments to the Sellers or to Mr.Eshleman or his immediate family
members in the year ended December 31, 2018. Pursuant to the purchase agreement,
surface use payments from June 2016 through December 31, 2018 have been deferred
until June 30, 2019 at which time the Corporation will pay $1.35 million to
settle this obligation. As of December 31, 2018, the Corporation has accrued
$1.35 million of this liability on the balance sheet. </P>
<P align=center><B>AUDIT COMMITTEE DISCLOSURE </B></P>
<P align=justify>The Corporation has a separately designated standing audit
committee (the &#147;<B>Audit Committee</B>&#148;) which complies with Rule 10A-3 of the
United States Securities Exchange Act of 1934, as amended (the &#147;<B>Exchange
Act</B>&#148;) and the requirements of the Corporation Guide. The Audit Committee was
established in accordance with section 3(a)(58)(A) of the Exchange Act. The
directors of the Corporation have determined that each member of the Audit Committee is considered to be &#147;independent&#148; and &#147;financially
literate&#148; within the meaning of National Instrument 52-110 &#150; <I>Audit Committees
</I>(<B>&#147;NI 52-110&#148;</B>). The Board has further determined that at least one
member of the Audit Committee qualifies as a financial expert (as defined in
Item 407(d)(5) of Regulation S-K under the Exchange Act), and that each member
of the Audit Committee is financially sophisticated, as determined in accordance
with Section 803B(2)(iii) of the Corporation Guide, and is independent (as
determined under Exchange Act Rule 10A-3 and section 803A and 803B of the
Corporation Guide). The current members of the Corporation&#146;s Audit Committee
are: J. Birks Bovaird, Paul A. Carroll and Bruce D. Hansen. Bruce D. Hansen is
the Chair of the Audit Committee. Mr. Hansen is a financial expert, having
served as CEO and a Director of General Moly since 2007, and additionally as its
CFO since May 2017. In addition, Mr. Hansen was CFO of Newmont Mining
Corporation from 1999 to 2005.</P>
<P align=center>51 </P>
<HR style="PAGE-BREAK-AFTER: always" align=center width="100%" color=black
noShade SIZE=5>
<A name=page_59></A>
<P align=justify>The Board has adopted a Charter for the Audit Committee which
sets out the Committee&#146;s mandate, organization, powers and responsibilities. A
copy of the Audit Committee charter can be found on our website at <U><FONT
color=#0000ff>www.energyfuels.com</FONT></U>. Our Audit Committee Charter
complies with Rule 10A-3 and the requirements of the NYSE American, as well as
applicable requirements of the Ontario Securities Commission (the &#147;<B>OSC</B>&#148;),
the Toronto Stock Exchange (the &#147;<B>TSX</B>&#148;), the SEC and the NYSE American.
During the fiscal year ended December 31, 2018, the Audit Committee met five
times. </P>
<P align=justify>The Audit Committee is a committee established and appointed by
and among the Board to assist the Board in fulfilling its oversight
responsibilities with respect to the Corporation. In so doing, the Audit
Committee provides an avenue of communication among the external auditor,
management, and the Board. The Committee&#146;s purpose is to ensure the integrity of
financial reporting and the audit process, and that sound risk management and
internal control systems are developed and maintained. In pursuing these
objectives, the Audit Committee oversees relations with the external auditor,
reviews the effectiveness of the internal audit function, and oversees the
accounting and financial reporting processes of the Corporation and audits of
financial statements of the Corporation.</P>
<P align=justify>No member of the Committee may earn fees from the Corporation
or any of its subsidiaries, including any consulting, advisory or other
compensatory fees, other than Directors' fees or committee member fees (which
fees may include cash, options or other in-kind consideration ordinarily
available to directors). </P>
<P align=justify><U>Principal Accountant Fees and Services</U></P>
<DIV>
<TABLE
style="BORDER-COLOR: black; FONT-SIZE: 10pt; BORDER-COLLAPSE: collapse; "
borderColor=#000000 cellSpacing=0 cellPadding=3 width="100%" border=1>

  <TR vAlign=top>
    <TD align=center bgcolor="#E6EFFF"><B>Year Ended </B></TD>
    <TD width="20%" align=center bgcolor="#E6EFFF"><B>Audit Fees</B><B><SUP>(1) </SUP></B></TD>
    <TD width="20%" align=center bgcolor="#E6EFFF"><B>Audit-Related Fees</B><SUP>(2) </SUP></TD>
    <TD width="20%" align=center bgcolor="#E6EFFF"><B>Tax Fees</B><B><SUP>(3) </SUP></B></TD>
    <TD width="20%" align=center bgcolor="#E6EFFF"><B>All Other Fees</B><B><SUP>(4)
  </SUP></B></TD>
  </TR>
  <TR vAlign=top>
    <TD align=left>December 31, 2018 </TD>
    <TD align=right width="20%">$408,000 </TD>
    <TD align=right width="20%">$126,000 </TD>
    <TD align=right width="20%">$31,724 </TD>
    <TD align=right width="20%">Nil </TD></TR>
  <TR vAlign=top>
    <TD align=left>December 31, 2017 </TD>
    <TD align=right width="20%">$395,000 </TD>
    <TD align=right width="20%">$110,000 </TD>
    <TD align=right width="20%">$37,381 </TD>
    <TD align=right width="20%">Nil </TD></TR></TABLE></DIV>
<P align=justify>Notes: </P>
<P style="MARGIN-LEFT: 5%" align=justify>(1) &#147;Audit Fees&#148; are the aggregate fees
billed by KPMG in auditing the Corporation&#146;s annual financial statements <BR>(2)
&#147;Audit Related Fees&#148; are fees billed by KPMG for the assurance and related
services that are reasonably related to the performance of the audit or review
of the Corporation&#146;s statements or as related to a prospectus. <BR>(3) &#147;Tax
Fees&#148; are fees for professional services rendered by KPMG for tax compliance,
tax advice and tax planning. <BR>(4) &#147;All Other Fees&#148; consist of fees for
product and services other than the services reported above. </P>
<P align=justify><U>Policy on Pre-Approval by our Audit Committee of Services
Performed by Independent Auditors</U></P>
<P align=justify>Pursuant to the Audit Committee Charter, the Audit Committee
has the responsibility to review and approve the fees charged by the external
auditors for audit services, and to review and approve all services other than
audit services to be provided by the external auditors, and associated fees. All
engagements and fees for the fiscal year ended December 31, 2018 were
pre-approved by the Audit Committee.</P>
<P align=justify>The Corporation also has in place a &#147;Policy for Hiring Members
(or Former Members) of Independent Public Auditors.&#148; Such Policy mandates that
the Corporation or its subsidiaries will not hire any person in a Financial
Reporting Oversight Role, as defined therein, during a fiscal period unless the
individual is not a Member of the Audit Engagement Team (defined as the lead
partner, the concurring partner or any other member of the audit engagement team
who provided more than ten hours of audit, review or attest services for the
Corporation during the relevant period) at any time during the fiscal period and had
not been a Member of the Audit Engagement Team during the one year period
preceding the Initiation of the Audit (defined for a fiscal period as the day
after the Form 10-K covering the previous fiscal period is filed with the SEC)
for the fiscal period. </P>
<P align=center>52 </P>
<HR style="PAGE-BREAK-AFTER: always" align=center width="100%" color=black
noShade SIZE=5>
<A name=page_60></A>
<P align=justify><B><U>Audit Committee Report</U></B></P>
<P align=justify>In the course of providing its oversight responsibilities
regarding the Corporation&#146;s financial statements for the year ended December 31,
2018, the Audit Committee reviewed and discussed the audited financial
statements, which appear in our Annual Report on Form 10-K, with management and
our independent auditors. The Audit Committee reviewed accounting principles,
practices and judgments as well as the adequacy and clarity of the notes to the
financial statements.</P>
<P align=justify>Since the commencement of our most recently completed fiscal
year, our Board has not failed to adopt a recommendation of the Audit Committee
to nominate or compensate an external auditor.</P>
<P align=justify>The Audit Committee reviewed the independence and performance
of the independent auditors who are responsible for expressing an opinion on the
conformity of those audited financial statements with accounting principles
generally accepted in the United States, and such other matters as required to
be communicated by the independent auditors in accordance with Statement on
Auditing Standards 61, as superseded by Statement of Auditing Standard 114 &#150; the
Auditor&#146;s Communication with those Charged with Governance.</P>
<P align=justify>The Audit Committee meets regularly with the independent
auditors to discuss their audit plans, scope and timing on a regular basis,
without management present in executive sessions. The Audit Committee met five
times during the fiscal year ended December 31, 2018. The Audit Committee has
received the written disclosures and the letter from the independent auditors
required by applicable standards of the Public Corporation Accounting Oversight
Board for independent auditor communications with Audit Committees concerning
independence as may be modified or supplemented, concerning its independence as
required under applicable standards for auditors of public companies.</P>
<P align=justify>In reliance on the reviews and discussions referred to above,
the Audit Committee recommended to the Board, and the Board has approved, that
the audited financial statements be included in the Annual Report to
Shareholders on Form 10-K for the year ended December 31, 2018. The Audit
Committee and the Board have also recommended the appointment of KPMG LLP as
independent auditors for the Corporation for the fiscal year ending December 31,
2019.</P>
<P align=justify><U>Submitted by the Audit Committee Members:</U> <BR>J. Birks
Bovaird <BR>Paul A. Carroll<BR>Bruce D. Hansen, Chair <BR></P>
<P align=center>53 </P>
<HR style="PAGE-BREAK-AFTER: always" align=center width="100%" color=black
noShade SIZE=5>
<A name=page_61></A>
<P align=center><B>CORPORATE GOVERNANCE DISCLOSURE </B></P>
<P align=justify>The Board is currently comprised of eight directors, however
only seven are nominated for election as directors of the Corporation at the
Meeting. </P>
<P align=justify>The Board is responsible for determining whether or not each
director is independent. This assessment is made in accordance with standards
set forth in Section 803 of the Corporation Guide, as well as NI 52-110, and the
Corporation&#146;s corporate governance policies. Under NI 52-110, a director is
considered to be unrelated and independent by the Board if the Board determines
that the director has no direct or indirect material relationship with the
Corporation. A material relationship is a relationship that could, in the view
of the Board, be reasonably expected to interfere with the exercise of the
director&#146;s judgment independent of management. With the assistance of the
Governance and Nominating Committee, the Board reviews each director&#146;s
independence annually and upon the appointment or election of a new director.
The Board last considered this matter at its meeting on March 28, 2019. </P>
<P align=justify>Seven of the eight directors are considered by the Board to be
independent within the meaning of NI 52-110 and Section 803A of the Corporation
Guide. Mark S. Chalmers is not an independent director as he is the President
and CEO of the Corporation. However, each of the remaining directors, namely, J.
Birks Bovaird, Paul A. Carroll, Benjamin Eshleman III, Barbara A. Filas, Bruce
D. Hansen, Dennis L. Higgs, and Robert W. Kirkwood, are independent directors of
the Corporation since none have been an executive officer or employee of the
Corporation during the last three years, nor has a relationship that would
interfere with the exercise of independent judgement in carrying out the
responsibilities as a director.</P>
<P align=justify>The Chair of the Board, and the Chairs of all of the Board&#146;s
Committees are independent directors. </P>
<P align=justify>A number of directors of the Corporation are also directors of
other reporting issuers. See &#147;<I>Particulars of Matters to be Acted Upon at the
Meeting &#150; Election of Directors</I>.&#148; </P>
<P align=justify>The Chair of the Board, J. Birks Bovaird, is not a member of
management and is an unrelated and independent director. One of his principal
responsibilities is to oversee the Board processes so that it operates
efficiently and effectively in carrying out its duties and to act as a liaison
between the Board and management.</P>
<P align=justify>The independent directors of the Board are encouraged by the
Board to hold private sessions as such independent directors deem necessary in
the circumstances. In the year ended December 31, 2018, the independent
directors held separate <I>in camera </I>sessions following eight Board meetings
and had informal discussions from time to time.<B> </B>The four committees
likewise hold in-camera sessions with their independent members on a frequent
basis, as necessary for the effective governance of the Corporation.</P>
<P align=justify>The Board held a total of eight meetings during the year ended
December 31, 2018. The following table shows the number of Board meetings each
director attended during that period. </P>
<DIV align=center>
<TABLE
style="BORDER-COLOR: black; FONT-SIZE: 10pt; BORDER-COLLAPSE: collapse; "
borderColor=#000000 cellSpacing=0 cellPadding=3 width="80%" border=1>

  <TR vAlign=top>
    <TD align=center bgcolor="#E6EFFF"><BR>
      <B>Name</B> </TD>
    <TD width="33%" align=center bgcolor="#E6EFFF"><B>Number of Board Meetings</B> <BR>
      <B>Held
      While a Director</B> </TD>
    <TD width="33%" align=center bgcolor="#E6EFFF"><B>Number of Board Meetings</B>
      <BR>
    <B>Attended</B> </TD></TR>
  <TR vAlign=top>
    <TD align=left>J. Birks Bovaird </TD>
    <TD align=center width="33%">8 </TD>
    <TD align=center width="33%">8 </TD></TR>
  <TR vAlign=top>
    <TD align=left>Stephen P. Antony<SUP>(2)</SUP> </TD>
    <TD align=center width="33%">1 </TD>
    <TD align=center width="33%">1 </TD></TR>
  <TR vAlign=top>
    <TD align=left>Paul A. Carroll<SUP>(3)</SUP> </TD>
    <TD align=center width="33%">8 </TD>
    <TD align=center width="33%">7 </TD></TR>
  <TR vAlign=top>
    <TD align=left>Mark S. Chalmers<SUP>(1)</SUP> </TD>
    <TD align=center width="33%">7 </TD>
    <TD align=center width="33%">7 </TD></TR>
  <TR vAlign=top>
    <TD align=left>Benjamin Eshleman III </TD>
    <TD align=center width="33%">8 </TD>
    <TD align=center width="33%">7 </TD></TR>
  <TR vAlign=top>
    <TD align=left>Barbara A. Filas<SUP>(1)</SUP> </TD>
    <TD align=center width="33%">6 </TD>
    <TD align=center width="33%">6 </TD></TR>
  <TR vAlign=top>
    <TD align=left>Bruce D. Hansen </TD>
    <TD align=center width="33%">8 </TD>
    <TD align=center width="33%">8 </TD></TR>
  <TR vAlign=top>
    <TD align=left>Dennis Higgs </TD>
    <TD align=center width="33%">8 </TD>
    <TD align=center width="33%">8 </TD></TR>
  <TR vAlign=top>
    <TD align=left>Robert W. Kirkwood </TD>
    <TD align=center width="33%">8 </TD>
    <TD align=center width="33%">8 </TD></TR></TABLE></DIV>
<P align=justify>Notes: </P>
<TABLE
style="BORDER-COLOR: black; FONT-SIZE: 10pt; BORDER-COLLAPSE: collapse; "
cellSpacing=0 cellPadding=0 width="100%" border=0 BCLLIST>

  <TR>
    <TD width="5%"  >&nbsp;</TD>
    <TD vAlign=top width="5%">(1) </TD>
    <TD>
      <P align=justify>Barbara A. Filas was appointed to the Board on March 12,
      2018. Mark S. Chalmers, the current President and CEO of the Corporation,
      was appointed to the Board on February 1, 2018.</P></TD></TR></TABLE>
<P align=center>54 </P>
<HR style="PAGE-BREAK-AFTER: always" align=center width="100%" color=black
noShade SIZE=5>
<A name=page_62></A><BR>
<TABLE
style="BORDER-COLOR: black; FONT-SIZE: 10pt; BORDER-COLLAPSE: collapse; "
cellSpacing=0 cellPadding=0 width="100%" border=0 BCLLIST>

  <TR>
    <TD width="5%"  >&nbsp;</TD>
    <TD vAlign=top width="5%">(2) </TD>
    <TD>
      <P align=justify>Stephen P. Antony retired from his position as CEO
      effective January 31, 2018, at which time he retired from the
  Board.</P></TD></TR>
  <TR>
    <TD width="5%" >&nbsp;</TD>
    <TD vAlign=top width="5%">(3) </TD>
    <TD>
      <P align=justify>Mr. Carroll will not be standing for re-election at the
      Meeting.</P></TD></TR></TABLE>
<P align=justify>During 2018, each director attended more than 75% of the
aggregate of the total number of meetings of the Board (held during the period
for which he or she was a director) and the total number of meetings held by all
committees of the Board on which he or she served (during the periods the he or
she served).</P>
<P align=justify>Board members are not required, but are expected to make every
effort, to attend the Annual Meeting of shareholders.</P>
<P align=justify><U>Board Mandate</U> </P>
<P align=justify>The Board&#146;s mandate is set out in the Corporation&#146;s Corporate
Governance Manual, as approved by the Board, and reviewed on an annual basis.
The Board is responsible, directly and through its committees, for the
supervision of the management of the business and affairs of the Corporation.
The Board seeks to ensure the viability and long-term financial strength of the
Corporation and the creation of enduring shareholder value. In pursuing these
objectives, the Board will have regard to the best interests of shareholders and
the Corporation and to the needs of its other stakeholders, including the needs
of the communities in which the Corporation conducts its business and the needs
of its employees and suppliers.</P>
<P align=justify>To assist the Board in the implementation of its mandate, it
delegates some of its responsibility to committees. The Board reviews and
approves the structure, mandate and composition of its committees. It also
receives and reviews periodic reports of the activities and findings of those
committees.</P>
<P align=justify>The Board selects and appoints the Corporation&#146;s President and
CEO and, through him or her, other officers and senior management to whom the
Board delegates certain of its power of management. The Board approves strategy,
sets targets, performance standards and policies to guide them; monitors and
advises management; sets their compensation and, if necessary, replaces them.
</P>
<P align=justify>The Board reviews and approves, for release to shareholders,
quarterly and annual reports on the performance of the Corporation, and certain
other material public communications. The Board has implemented a Corporate
Disclosure Policy, which it reviews annually, to ensure effective communication
between the Corporation, its shareholders, prospective investors, the public and
other stakeholders, including the dissemination of information on a regular and
timely basis. The CEO has dedicated a portion of his time to communicate with
shareholders and prospective investors. Through its officers, the Corporation
responds to questions and provides information to individual shareholders,
institutional investors, financial analysts and the media. </P>
<P align=justify>The Board ensures that mechanisms are in place to guide the
organization in its activities. The Board reviews and approves a broad range of
internal control and management systems, including expenditure approvals and
financial controls. Management is required by the Board to comply with legal and
regulatory requirements with respect to all of the Corporation&#146;s activities.
</P>
<P align=justify><U>Position Descriptions</U> </P>
<P align=justify>The Board has adopted a written position description for the
CEO of the Corporation. The primary role of the CEO is to develop and recommend
to the Board a long-term strategy and vision for the Corporation that leads to
the creation of shareholder value, to develop and recommend to the Board annual
business plans and budgets that support the Corporation&#146;s long term strategy,
and to ensure that the day-to-day business affairs of the Corporation are
appropriately managed, including evaluation of the Corporation&#146;s operating
performance and initiating appropriate action where required. In order to
fulfill this role, the CEO is expected to ensure that the Corporation has an
effective management team and to have an active plan for its development and
succession, and to foster a corporate culture that promotes ethical practices,
encourages individual integrity and fulfills social responsibility, including
ensuring that the Corporation is in compliance with its Corporate Disclosure
Policy and Environment, Health and Safety Policy and internal controls and
procedures. Finally, the CEO is expected to ensure that the Corporation builds and maintains strong, positive relationships
with its investors, employees and the corporate and public community.</P>
<P align=center>55 </P>
<HR style="PAGE-BREAK-AFTER: always" align=center width="100%" color=black
noShade SIZE=5>
<A name=page_63></A>
<P align=justify>The position description for the Chair of the Board is set out
in the Corporation&#146;s Corporate Governance Manual. The primary role of the Chair
is to provide leadership to the Board, to ensure that the Board can function
independently of management and fully discharges its duties. This involves
acting as a liaison between the Board and management, working with management to
schedule Board meetings and with committee chairs to coordinate scheduling
committee meetings, ensuring the appropriate agendas for meetings, ensuring the
proper flow of information to the Board, and reviewing the adequacy and timing
of documented material in support of management&#146;s proposals. The Chair of the
Board also works with the Governance and Nominating Committee to ensure proper
committee structure, including assignments of members and committee Chairs, as
well as chairs all meetings of the Board, and when requested by the CEO,
meetings of shareholders. </P>
<P align=justify>The Board has developed written position descriptions for the
Chair of each committee. The primary responsibilities of the Chair of each
committee are: to develop the agenda for each meeting of the committee; to
preside over committee meetings; to oversee the committee&#146;s compliance with its
Charter; to work with management to develop the committee&#146;s annual work plan; to
together with management, identify, review and evaluate matters of concern to
the committee; and to report regularly to the Board. </P>
<P align=justify><U>Succession Plan</U> </P>
<P align=justify>On an annual basis, management provides the Board with its
&#147;Succession Plan&#148; identifying potential candidates for the Corporation&#146;s
executive and other management roles. The Plan is presented in the form of a
matrix sorted according to position, incumbent, incumbent age, potential
successor and current title, whether internal, external or a consultant, the
successor&#146;s age, the successor&#146;s current level of competency for the position,
the period of time necessary for the successor to be ready to assume the role,
and training needs. To the extent possible, the Corporation works to provide
opportunities for career growth to its current employees within the Corporation,
both for purposes of retention and motivation. The Plan provides all levels of
decision-makers within the Corporation with a good understanding of its most
crucial roles/positions, the expertise and training required for each to
function adequately, and those potential candidates who show promise in the
field so that current management knows where to focus any training efforts and
promotional decisions. At this time, the Corporation is not aware of any
upcoming vacancies and, as such, no specific succession plans for any particular
positions are currently in place.</P>
<P align=center>56 </P>
<HR style="PAGE-BREAK-AFTER: always" align=center width="100%" color=black
noShade SIZE=5>
<A name=page_64></A>
<P align=justify><U>Orientation and Continuing Education </U></P>
<P align=justify>New directors are provided with a comprehensive information
package on the Corporation and its management and are fully briefed by senior
management on the corporate organization and key current issues. The information
package includes contact information, the Corporation&#146;s organizational chart,
the Articles and By-Laws of the Corporation, the Corporation&#146;s Corporate
Governance Manual and certain key documents and plans such as the Corporation&#146;s
Equity Incentive Plan, Shareholder Rights Plan, Directors&#146; and Officers&#146;
Insurance Policy and Indemnity Agreement. The Corporation&#146;s Corporate Governance
Manual describes the roles, responsibilities and mandates of the Board, its
committees, its directors, the Chair of the Board, the Chairs of each committee
and the CEO, and also includes, as appendices, the following key documents of
the Corporation: </P>
<UL style="TEXT-ALIGN: justify">
  <LI>Charter of the Audit Committee;
  <LI>Charter of the Governance and Nominating Committee;
  <LI>Charter of the Compensation Committee;
  <LI>Environment, Health and Safety Policy;
  <LI>Charter of the Environment, Health and Safety Committee;
  <LI>Corporate Disclosure Policy;
  <LI>Insider Trading Policy;
  <LI>Whistleblower Policy;
  <LI>Code of Business Conduct and Ethics;
  <LI>Excerpts from National Policy 51-201 &#147;Disclosure Standards&#148; Regarding
  Materiality;
  <LI>Procedure for Hiring Outside Counsel or Consultants;
  <LI>Share Ownership Requirements for Directors;
  <LI>Policy Regarding Loans to Directors and Officers;
  <LI>Diversity Policy;
  <LI>Policy for Hiring Members (or Former Members) of Independent Public
  Auditors; and
  <LI>Majority Voting Policy. </LI></UL>
<P align=justify>In addition, new directors are introduced to the Corporation&#146;s
website, which includes the Corporation&#146;s most recent annual filings, Proxy
Statements and Management Information Circulars, press releases, material change
reports and other continuous disclosure documents, all of which provide the
information necessary for a new director to become familiar with the nature and
operation of the Corporation&#146;s business. Management is also available to answer
any questions from or to provide any additional orientation for new directors
that may be required. Visits to key operations may also be arranged for new
directors. </P>
<P align=justify>Although the Corporation does not generally provide formal
training programs for its directors, the Board encourages directors to
participate in continuing education programs. One director has successfully
completed a director certification program offered by a major Canadian
university. In addition, Board members are often provided with notices and other
correspondence from counsel and other advisors, which report on developments
affecting corporate and securities law matters and governance generally. Any
material developments affecting the ability of directors to meet their
obligations as directors are brought to the attention of the Governance and
Nominating Committee (the &#147;<B>GN Committee</B>&#148;) by management, and appropriate
actions are taken by the GN Committee to ensure that directors maintain the
skill and knowledge necessary to meet their obligations. </P>
<P align=justify><U>Ethical Business Conduct </U></P>
<P align=justify>The Board has adopted a written Code of Business Conduct and
Ethics (the &#147;<B>Code</B>&#148;) for directors, officers, and employees of the
Corporation, which is contained in the Corporation&#146;s Corporate Governance
Manual. The Corporate Governance Manual is provided to each new director, and a
copy of the Code is provided to each new employee. The Code is also published on
the Corporation&#146;s website at <U><FONT color=#0000ff>www.energyfuels.com.
</FONT></U>In addition, all the directors and officers of the Corporation are
required to affirm their compliance with the Code in writing annually.</P>
<P align=center>57 </P>
<HR style="PAGE-BREAK-AFTER: always" align=center width="100%" color=black
noShade SIZE=5>
<A name=page_65></A>
<P align=justify>The Code sets out in detail the core values and the principles
by which the Corporation is governed, and addresses topics such as: conflicts of
interest, including transactions and agreements in respect of which a director
or executive officer has a material interest; protection and proper use of
corporate assets and opportunities; confidentiality of corporate information;
fair dealing with the Corporation&#146;s security holders, customers, suppliers,
competitors and employees; compliance with laws, rules and regulations; and
reporting of any illegal or unethical behaviour. Under the Code and applicable
law, any director or officer who has a material interest in a transaction or
agreement is required to disclose his or her interest and refrain from voting or
participating in any decision relating to the transaction or agreement. </P>
<P align=justify>The Corporation&#146;s management team is committed to fostering and
maintaining a culture of high ethical standards and compliance that ensures a
work environment that encourages employees to raise concerns to the attention of
management and that promptly addresses any employee compliance concerns. Under
the Code, all directors, officers, and employees must take all reasonable steps
to prevent contraventions of the Code, to identify and raise issues before they
lead to problems, and to seek additional guidance when necessary. If breaches of
the Code occur, they must be reported promptly. The Corporation maintains
appropriate records evidencing compliance with the Code. It is ultimately the
Board&#146;s responsibility for monitoring compliance with the Code. The Board will
review the Code periodically and review management&#146;s monitoring of compliance
with the Code, and if necessary, consult with members of the Corporation&#146;s
senior management team and Audit Committee, as appropriate, to resolve any
reported violations of the Code. Any waivers from the Code that are granted for
the benefit of the Corporation&#146;s directors or executive officers shall be
granted by the Board. Violations of the Code by a director, officer or employee
are grounds for disciplinary action, up to and including immediate termination
and possible legal prosecution.</P>
<P align=justify>Where a material departure from the Code by a director or
executive officer constitutes a material change, the Corporation will file a
material change report disclosing the date of the departure, the parties
involved in the departure, the reason why the Board has or has not sanctioned
the departure, and any measures the Board has taken to address or remedy the
departure. No &#147;material change&#148; reports have been filed and no waivers of the
Code have been made since the beginning of the year ended December 31, 2018 that
pertain to any conduct of a director or executive officer that constitutes a
departure from the Code.<B> </B></P>
<P align=justify>The Corporation also expects all agents, consultants and
contractors to comply with the Code.</P>
<P align=justify><U>Governance and Nominating Committee </U></P>
<P align=justify>The Board has a Governance and Nominating Committee, which is
composed entirely of independent directors, including its current Chair J. Birks
Bovaird who is an independent director. The GN Committee has the general
responsibility for developing and monitoring the Corporation&#146;s approach to
corporate governance issues and for identifying and recommending to the Board
nominees for appointment or election as directors. The GN Committee has a
charter which can be found on the Corporation&#146;s website at <U><FONT
color=#0000ff>www.energyfuels.com</FONT></U>. The GN Committee&#146;s
responsibilities include the following: assessing the effectiveness of the Board
as a whole, the Chair of the Board, the committees of the Board and the
contribution of individual directors on a periodic basis; ensuring that, where
necessary, appropriate structures and procedures are in place to ensure that the
Board can function independently of management; periodically examining the size
of the Board, with a view to determining the impact of the number of directors
upon effectiveness; identifying individuals qualified to become new Board
members and recommending to the Board all director nominees for election or
appointment to the Board; assessing directors on an ongoing basis; and
recommending to the Board the members to serve on the various committees. In
addition, the GN Committee reviews the Corporation&#146;s disclosure of its corporate
governance practices in the Corporation&#146;s Circular each year. </P>
<P align=justify><I>Nomination of Directors </I></P>
<P align=justify>During the year ended December 31, 2018, the GN Committee met
five times and was responsible for proposing all candidates for Board
nomination. In making its recommendations to the Board, the GN Committee
considers what competencies and skills the Board as a whole should possess,
the competencies and skills each existing director possesses, and the
competencies and skills each new nominee will bring to the boardroom. The GN
Committee also considers whether or not each new nominee can devote sufficient
time and resources to his or her duties as a Board member. </P>
<P align=center>58 </P>
<HR style="PAGE-BREAK-AFTER: always" align=center width="100%" color=black
noShade SIZE=5>
<A name=page_66></A>
<P align=justify><I>Age and Term Limits</I></P>
<P align=justify>It is proposed that each of the persons elected as a Director
at the Meeting will serve until the close of the next annual meeting of the
Corporation or until his successor is elected or appointed. The Board has not
adopted a term limit for directors. The Board believes that the imposition of
director term limits on a board may discount the value of experience and
continuity amongst board members and runs the risk of excluding experienced and
potentially valuable board members. The Board relies on an annual director
assessment procedure in evaluating Board members and believes that it can best
strike the right balance between continuity and fresh perspectives without
mandated term limits. While age and tenure of a director will not be
determinative, they may be considered in conjunction with that director&#146;s
overall expertise, competencies and skills (as they relate to the needs of the
board), contributions, independence, time and resources, and attendance, in
addition to any other criteria deemed relevant by the GN Committee. Tenure
considerations would generally be expected to weigh more heavily into the
analysis if the average tenure of all directors on the board were to surpass 15
years or more. The Board has demonstrated the effectiveness of its approach, as
five of the eight current directors, or 62.5% of the Board, have been appointed
after 2014.</P>
<P align=justify><I>Board Diversity </I></P>
<P align=justify>On January 28, 2015, the Board adopted a written diversity
policy that sets out the Corporation&#146;s approach to diversity, including gender,
on the Board and among the executive officers of the Corporation. The GN
Committee and the Board aim to attract and maintain a Board and an executive
team that have an appropriate mix of diversity, skill and expertise. All Board
and executive officer appointments will be based on merit, and the skill and
contribution that the candidate is expected to bring to the Board and the
executive team, with due consideration given to the benefits of diversity. </P>
<P align=justify>Pursuant to the diversity policy, when considering the
composition of, and individuals to nominate or hire to, the Board and the
executive team, the GN Committee and the Board, as applicable, shall consider
diversity from a number of aspects, including but not limited to gender, age,
ethnicity and cultural diversity. In addition, when assessing and identifying
potential new members to join the Board or the executive team, the GN Committee
and the Board, as applicable, consider the current level of diversity on the
Board and the executive team.</P>
<P align=justify>The GN Committee and the Board are responsible for developing
measurable objectives to implement the diversity policy and to measure its
effectiveness. The GN Committee annually considers whether to set targets based
on diversity for the appointment of individuals to the Board or the executive
team, recognizing that notwithstanding any targets set in any given year, the
selection of diverse candidates will depend on the pool of available candidates
with the necessary skills, knowledge and experience. At their January 2018
meetings, the GN Committee and the Board confirmed, as a priority, that the
Corporation is committed to increasing Board gender diversity, and set
measurable targets relating to obtaining and maintaining adequate gender
diversity on the Board. In furtherance of this commitment, the Board
specifically resolved to take proactive steps to attempt to identify a suitable
woman candidate for appointment to fill an existing vacancy, or for election to
the Board, as soon as reasonably possible, and set a measurable target of having
a woman on the Board or putting a suitable women nominee to the shareholders for
election as a director of the Corporation no later than at the Corporation&#146;s
Annual Meeting of Shareholders to be held in 2019. </P>
<P align=justify>The Corporation is very pleased that Barbara A. Filas was
elected to the Board at the Corporation&#146;s Annual and Special Meeting of
Shareholders held in May 2018. Ms. Filas is currently the sole woman director or
member of the executive team of the Corporation and holds a strong leadership
position on the Board of Directors of the Corporation as the Chair of the Environment, Health and Safety
Committee. The Environment, Health and Safety Committee is a critical committee
for the Corporation, which is a uranium mining company regulated under
comprehensive and complex rules and regulations at both the State and Federal
levels. As stated in the Corporation&#146;s Environment, Health and Safety Policy,
Energy Fuels is committed to the operation of its facilities in a manner that
puts the safety of its workers, contractors and community, the protection of the
environment and the principles of sustainable development above all else.
Whenever issues of safety conflict with other corporate objectives, safety shall
be the first consideration. The Environment, Health and Safety Committee&#146;s
responsibilities include oversite of this critical Policy of the
Corporation.</P>
<P align=center>59 </P>
<HR style="PAGE-BREAK-AFTER: always" align=center width="100%" color=black
noShade SIZE=5>
<A name=page_67></A>
<P align=justify>In January 2019, upon the recommendation of the GN Committee,
the Board resolved to continue its dedication to Board diversity by setting a
new measurable target of maintaining at least one woman on the Board at all
times and also resolved to proactively attempt to identify suitable woman and
minority candidates for future appointments to the Board and the Corporation&#146;s
executive team as appropriate. </P>
<P align=justify><I>Majority Voting Policy </I></P>
<P align=justify>On January 25, 2013, the Board adopted a majority voting
policy. Pursuant to the majority voting policy, forms of proxy for meetings of
the shareholders of the Corporation at which directors are to be elected provide
the option of voting in favour, or withholding from voting, for each individual
nominee to the Board. If, with respect to any particular nominee, the number of
shares withheld from voting exceeds the number of shares voted in favour of the
nominee, then the nominee will be considered to have not received the support of
the shareholders, and such nominee is expected to submit his or her resignation
to the Board, to take effect on acceptance by the Board. The GN Committee and
the Compensation Committee will review any such resignation and make a
recommendation to the Board regarding whether or not such resignation should be
accepted. The Board will determine whether to accept the resignation within 90
days following the shareholders&#146; meeting. If the resignation is accepted,
subject to any corporate law restrictions, the Board may (i) leave the resultant
vacancy in the Board unfilled until the next annual meeting of shareholders of
the Corporation, (ii) fill the vacancy by appointing a director whom the Board
considers to merit the confidence of the shareholders, or (iii) call a special
meeting of the shareholders of the Corporation to consider the election of a
nominee recommended by the Board to fill the vacant position. The majority
voting policy applies only in the case of an uncontested shareholders&#146; meeting.
</P>
<P align=justify><U>Compensation Committee </U></P>
<P align=justify>The Corporation has a Compensation Committee, which is
comprised entirely of independent directors within the meaning of Section 805(c)
of the Corporation Guide. The Compensation Committee has been delegated the task
of reviewing and recommending to the Board the Corporation&#146;s compensation
policies and reviewing such policies on a periodic basis to ensure they remain
current, competitive and consistent with the Corporation&#146;s overall goals. The
Compensation Committee also has the authority and responsibility to review and
approve corporate goals and objectives relevant to the CEO&#146;s compensation,
evaluating the CEO&#146;s performance in light of those corporate goals and
objectives, and making recommendations to the Board with respect to the CEO&#146;s
compensation level (including salary incentive compensation plans and
equity-based plans) based on this evaluation, as well as making recommendations
to the Board with respect to any employment, severance or change of control
agreements for the CEO. The ultimate decision relating to the CEO&#146;s compensation
rests with the Board, taking into consideration the Compensation Committee&#146;s
recommendations, corporate and individual performance, and industry standards.
The Compensation Committee has also been delegated the task of reviewing and
approving for NEOs, other than the CEO, all compensation (including salary,
incentive compensation plans and equity-based plans) and any employment,
severance or change in control agreements, although the ultimate decision
relating to any stock option or other equity grants rests with the Board. The
experience of Board and committee members who are also involved as management
of, or board members or advisors to, other companies also factor into decisions
concerning compensation. The Compensation Committee has a charter which can be
found on the Corporation&#146;s website at <U><FONT
color=#0000ff>www.energyfuels.com.</FONT></U></P>
<P align=center>60 </P>
<HR style="PAGE-BREAK-AFTER: always" align=center width="100%" color=black
noShade SIZE=5>
<A name=page_68></A>
<P align=justify>The Compensation Committee is also responsible for making
recommendations to the Board with respect to the adequacy and form of
compensation payable to and benefits of directors in their capacity as directors
(including Board and committee retainers, meeting and committee fees, incentive
compensation plans, and equity-based plans), so as to ensure that such
compensation realistically reflects the responsibilities and risks involved in
being an effective director. Additional responsibilities of the Compensation
Committee include: (i) considering the implications of the risks associated with
the Corporation&#146;s compensation policies and practices and the steps that may be
taken to mitigate any identified risks; (ii) reviewing executive compensation
disclosure before the Corporation publicly discloses such information; and (iii)
reviewing, and approving periodically management&#146;s succession plans for
executive management, including specific development plans and career planning
for potential successors, and recommending them to the Board. </P>
<P align=justify>During the year ended December 31, 2018, the Compensation
Committee met six times and was responsible for administering the executive
compensation program of the Corporation. For further information regarding how
the Board determines the compensation for the Corporation&#146;s directors and
officers please see &#147;<I>Executive Compensation</I>&#148; in this Circular. </P>
<P align=justify><U>Environment, Health and Safety Committee</U> </P>
<P align=justify>The mining industry, by its very nature, can have an impact on
the natural environment. As a result, environmental planning and compliance must
play a very important part in the operations of any company engaged in these
activities. The Corporation takes these issues very seriously and has
established the Environment, Health and Safety Committee (&#147;<B>EHS
Committee</B>&#148;), which it considers a key committee to the responsible
management of the Corporation, to assist the Board in fulfilling its oversight
responsibilities for environmental, health and safety matters. The mandate of
the EHS Committee is to oversee the development and implementation of policies
and best practices relating to environmental, health and safety issues in order
to ensure compliance with applicable laws, regulations and policies in the
jurisdictions in which the Corporation and its subsidiaries carry on business.
Due to the complexity of uranium exploration, mining, recovery and milling, the
Board determined that it was appropriate that a member of management sit on the
EHS Committee to ensure that technical expertise is properly brought before the
EHS Committee. The fact that all of the members of the EHS Committee are not
independent is balanced by the fact that a majority of the members of the EHS
Committee and the Chair of the EHS Committee are independent, and that the key
recommendations of the EHS Committee are considered by the full Board. During
2018, the EHS Committee met three times.</P>
<P align=justify><U>Assessments</U> </P>
<P align=justify><I>Annual Board Assessment</I></P>
<P align=justify>The GN Committee distributes, receives and reviews the results
of written Board effectiveness assessments each year. The assessments question
members of the Board as to their level of satisfaction with the functioning of
the Board, its interaction with management, and the performance of the standing
committees of the Board. The assessments also include peer reviews of all other
directors and a self-assessment as to each director&#146;s effectiveness and
contribution as a Board member. After the assessments are reviewed, the GN
Committee reports the results to the Board on an anonymous basis and makes any
recommendations to the Board to improve the Corporation&#146;s corporate governance
practices. This process occurs prior to the consideration by the GN Committee of
nominations for Board member elections at the Annual Meeting of Shareholders
each year. </P>
<P align=justify><I>Annual Audit Committee Effectiveness Assessment </I></P>
<P align=justify>Per the terms of the Audit Committee Charter, the Audit
Committee reviews, discusses and assesses on an annual basis its own
performance, as well as its roles and responsibilities. To help accomplish this,
each member of the Audit Committee is requested to evaluate the role and
responsibilities of the Committee as set out in the Committee&#146;s Charter, the
effectiveness of the Committee as a whole, the effectiveness of the Chair of the Committee, the contribution of individual members, the polices
and procedures observed by the Committee, and the quality of the relationship
between the Committee and the Corporation&#146;s external auditor for discussion
during the January meeting of the Committee. Each year each member of the Audit
Committee completes an Annual Audit Committee Effectiveness Assessment
Questionnaire.</P>
<P align=center>61 </P>
<HR style="PAGE-BREAK-AFTER: always" align=center width="100%" color=black
noShade SIZE=5>
<A name=page_69></A>
<P align=justify>The resulting Assessment is presented in eight parts: (i) the
roles and responsibilities of the Committee; (ii) Committee structure and
process; (iii) Committee effectiveness; (iv) Committee oversight; (v) management
and auditors; (vi) Committee culture; (vii) self-assessment; and (viii)
effectiveness and contribution of individual members. After the completed
Assessments are returned and reviewed, the Audit Committee reports the results
to the Board on an anonymous basis and makes any recommendations to the Board to
improve the Corporation&#146;s corporate governance practices.</P>
<P align=center><B>SHAREHOLDER </B><BR><B>PROPOSALS </B><BR></P>
<P align=justify>To be included in the proxy materials for our 2020 annual
meeting of stockholders, proposals of stockholders must be received by us no
later than December 20, 2019, which is 120 days prior to the first anniversary
of the expected mailing date of this proxy statement. Proposals to be included
in our proxy materials must comply with the requirements established by the SEC
for such proposals, which are set forth in Rule 14a-8 under the Exchange Act.
</P>
<P align=center><B>OTHER MATTERS </B></P>
<P align=justify>We do not know of any business other than that described in
this Circular that will be presented for consideration or action by the
shareholders at the Meeting. If, however, any other business is properly brought
before the meeting, shares represented by proxies will be voted in accordance
with the best judgment of the persons named in the proxies or their substitutes.
</P>
<P align=center>62 </P>
<P align=center>&nbsp;</P>
<HR style="PAGE-BREAK-AFTER: always" align=center width="100%" color=black
noShade SIZE=5>
<P align=center>&nbsp;</P>
<BODY style="font-size:10pt;">

<A name=page_1></A>
<table style="font-size: 10pt;border-color:#000000;" width="100%" border="0" cellspacing="0" cellpadding="0">
  <tr>
    <td width="50%" valign="top">
    <img
src="efsmlogo.jpg"
border=0 width="140" height="86"></td>
    <td align="right">
    <img
src="astsmlogo.jpg"
border=0 width="191" height="70"></td>
  </tr>
</table>

<BR>
<P align=center><B>Important Notice Regarding the Availability of Proxy
Materials</B><BR><B>for the Shareholder Meeting of Energy Fuels
Inc.</B><BR><B>To Be Held on Wednesday, May 29, 2019.</B><BR></P>
<P align=justify>Dear Investor: </P>
<P align=justify>Please find attached your form of voting instruction form for
the Annual Meeting of shareholders of Energy Fuels Inc. (the
&#147;<B>Corporation</B>&#148;) to be held at the offices of the Corporation at 225 Union
Blvd., Suite 600, Lakewood, Colorado 80228 USA on Wednesday, May 29, 2019 at
10:00 a.m. (Denver Time) (the &#147;<B>Meeting</B>&#148;). The following matters will be
reviewed and voted upon at the meeting: </P>
<UL style="TEXT-ALIGN: justify">
  <LI>Election of directors, as detailed on page 6 of the management information
  circular of the Corporation dated April 9, 2019 (the &#147;<B>Management
  Information Circular</B>&#148;)
  <LI>Appointment and remuneration of KPMG, LLP, an independent registered
  public accounting firm, as auditor for 2019, as detailed on page12 of the
  Management Information Circular </LI></UL>
<P align=justify>Pursuant to applicable United States and Canadian securities
rules, companies are no longer required to distribute physical copies of certain
annual meeting related materials such as management information circulars and
annual financial statements to their investors. Instead, they may post
electronic versions of such material on a website for investor review. This
process, known as &#147;notice-and-access,&#148; directly benefits the Corporation through
a substantial reduction in both postage and material costs and also helps the
environment through a decrease in paper documents that are ultimately
discarded.</P>
<P align=justify>This communication presents only an overview of the more
complete proxy materials that are available to you on the Internet. We encourage
you to access and review all of the important information contained in the proxy
materials before voting. Electronic copies of investor materials related to the
Meeting, including the Management Information Circular, may be found at, and
downloaded from <U><FONT color=#0000ff>www.meetingdocuments.com/astca/EFR
</FONT></U>or from the Corporation&#146;s web page on EDGAR at <U><FONT
color=#0000ff>www.sec.gov </FONT></U>or on SEDAR at <U><FONT
color=#0000ff>www.sedar.com</FONT></U>. Investors are reminded to review the
Management Information Circular before voting at the Meeting.</P>
<P align=justify>You have a number of options to vote your proxy: </P>
<UL style="TEXT-ALIGN: justify">
  <LI>By telephone call 1-888-489-5760;
  <LI>Fax your signed proxy to 1-866-781-3111 (toll-free) or 416-368-2502;
  <LI>Return your signed proxy by mail using the enclosed business reply
  envelope; or
  <LI>Scan and send your signed proxy to <U><FONT
  color=#0000ff>proxyvote@astfinancial.com </FONT></U></LI></UL>
<P align=justify>However you choose to vote, we must receive your vote by no
later than 10:00 a.m. (Toronto Time) on May 27, 2019, or if the Meeting is
adjourned, by 10:00 a.m. (Toronto Time) on the second business day preceding
the<B> </B>day to which the Meeting is adjourned. We also strongly encourage you
to first review the matters under discussion for the meeting as described in the
Management Information Circular at <B><U><FONT
color=#0000ff>www.meetingdocuments.com/astca/EFR. </FONT></U></B></P>
<P align=justify>Should you wish to receive paper copies of investor materials
related to the Meeting free of charge, including the Form of Proxy and the
Management Information Circular, the Corporation&#146;s audited financial statements
or its Annual Report on Form 10-K, or if you have any questions, please contact
us at 1-888-433-6443 or <U><FONT color=#0000ff>fulfilment@astfinancial.com
</FONT></U>prior to May 17, 2019 and we will send them within three business
days, giving you sufficient time to vote your proxy. Following the Meeting, the
documents will remain available at the website listed above for a period of one
year.<B> </B></P>
<P align=center>63</P>
<HR style="PAGE-BREAK-AFTER: always" align=center width="100%" color=black
noShade SIZE=5>

<A name=page_1></A>
<table style="font-size: 10pt;border-color:#000000;" width="100%" border="0" cellspacing="0" cellpadding="0">
  <tr>
    <td width="50%" valign="top">
    <img src="proxyx1x1.jpg" border=0 width="170" height="66"></td>
    <td align="right"><img src="proxyx1x2.jpg" border=0 width="127" height="50"></td>
  </tr>
</table>
<BR>
<BR>
<P align=center><B><FONT size=3>Appointment of Proxyholder </FONT></B></P>
<P align=justify>I/We, being holder(s) of Common Shares of Energy Fuels Inc.
(the &#147;Corporation&#148;), hereby appoint: Mark S. Chalmers, President and Chief
Executive Officer, or, failing him, David C. Frydenlund, Chief Financial
Officer, OR</P>
<P
align=justify>___________________________________________________________________________________________________________________
<BR>Print the name of the person you are appointing if this person is someone
other than the individuals listed above <BR></P>
<P align=justify>as proxyholder of the undersigned, to attend, act and vote on
behalf of the undersigned in accordance with the below direction (or if no
directions have been given, as the proxyholder sees fit) on all the following
matters and any other matter that may properly come before the Annual Meeting of
Shareholders of the Corporation to be held at 10:00 a.m. (Denver Time) on
Wednesday, May 29<SUP>th</SUP>, 2019, at the offices of the Corporation, 225
Union Blvd., Suite 600, Lakewood, Colorado, 80228, USA (the &#147;Meeting&#148;), and at
any and all adjournments or postponements thereof in the same manner, to the
same extent and with the same powers as if the undersigned were personally
present, with full power of substitution. The shares represented by this proxy
are specifically directed to be voted as indicated below. </P>
<P align=justify><B>Please use a dark black pencil or pen. </B></P>
<DIV>
<TABLE
style="BORDER-COLOR: black; FONT-SIZE: 10pt; BORDER-COLLAPSE: collapse; "
cellSpacing=0 cellPadding=0 width="100%" border=0>

  <TR vAlign=top>
    <TD align=left><B>1. Election of Directors </B></TD>
    <TD align=left width="10%"><B><I>FOR </I></B></TD>
    <TD align=left width="10%"><B><I>WITHHOLD </I></B></TD>
    <TD align=left width="28%">&nbsp;</TD>
    <TD align=left width="10%"><B><I>FOR </I></B></TD>
    <TD align=left width="10%"><B><I>WITHHOLD </I></B></TD></TR>
  <TR>
    <TD align=left>&nbsp;</TD>
    <TD align=left width="10%">&nbsp;</TD>
    <TD align=left width="10%">&nbsp;</TD>
    <TD align=left width="28%">&nbsp;</TD>
    <TD align=left width="10%">&nbsp;</TD>
    <TD align=left width="10%">&nbsp;</TD></TR>
  <TR vAlign=top>
    <TD align=left>1. J. Birks Bovaird </TD>
    <TD align=left width="10%">&nbsp;[&nbsp;&nbsp;&nbsp;&nbsp; ]</TD>
    <TD align=left width="10%">[&nbsp;&nbsp;&nbsp;&nbsp; ]</TD>
    <TD align=left width="28%">5. Bruce D. Hansen </TD>
    <TD align=left width="10%">[&nbsp;&nbsp;&nbsp;&nbsp; ]</TD>
    <TD align=left width="10%">[&nbsp;&nbsp;&nbsp;&nbsp; ]</TD></TR>
  <TR>
    <TD align=left>&nbsp;</TD>
    <TD align=left width="10%">&nbsp;</TD>
    <TD align=left width="10%">&nbsp;</TD>
    <TD align=left width="28%">&nbsp;</TD>
    <TD align=left width="10%">&nbsp;</TD>
    <TD align=left width="10%">&nbsp;</TD></TR>
  <TR vAlign=top>
    <TD align=left>2. Mark S. Chalmers </TD>
    <TD align=left width="10%">[&nbsp;&nbsp;&nbsp;&nbsp; ]</TD>
    <TD align=left width="10%">[&nbsp;&nbsp;&nbsp;&nbsp; ]</TD>
    <TD align=left width="28%">6. Dennis L. Higgs </TD>
    <TD align=left width="10%">[&nbsp;&nbsp;&nbsp;&nbsp; ]</TD>
    <TD align=left width="10%">[&nbsp;&nbsp;&nbsp;&nbsp; ]</TD></TR>
  <TR>
    <TD align=left>&nbsp;</TD>
    <TD align=left width="10%">&nbsp;</TD>
    <TD align=left width="10%">&nbsp;</TD>
    <TD align=left width="28%">&nbsp;</TD>
    <TD align=left width="10%">&nbsp;</TD>
    <TD align=left width="10%">&nbsp;</TD></TR>
  <TR vAlign=top>
    <TD align=left>3. Benjamin Eshleman III </TD>
    <TD align=left width="10%">[&nbsp;&nbsp;&nbsp;&nbsp; ]</TD>
    <TD align=left width="10%">[&nbsp;&nbsp;&nbsp;&nbsp; ]</TD>
    <TD align=left width="28%">7. Robert W. Kirkwood </TD>
    <TD align=left width="10%">[&nbsp;&nbsp;&nbsp;&nbsp; ]</TD>
    <TD align=left width="10%">[&nbsp;&nbsp;&nbsp;&nbsp; ]</TD></TR>
  <TR>
    <TD align=left>&nbsp;</TD>
    <TD align=left width="10%">&nbsp;</TD>
    <TD align=left width="10%">&nbsp;</TD>
    <TD align=left width="28%">&nbsp;</TD>
    <TD align=left width="10%">&nbsp;</TD>
    <TD align=left width="10%">&nbsp;</TD></TR>
  <TR vAlign=top>
    <TD align=left>4. Barbara A. Filas </TD>
    <TD align=left width="10%">[&nbsp;&nbsp;&nbsp;&nbsp; ]</TD>
    <TD align=left width="10%">[&nbsp;&nbsp;&nbsp;&nbsp; ]</TD>
    <TD align=left width="28%">&nbsp;</TD>
    <TD align=left width="10%">&nbsp; </TD>
    <TD align=left width="10%">&nbsp; </TD></TR></TABLE></DIV><BR>
<TABLE
style="BORDER-COLOR: black; FONT-SIZE: 10pt; BORDER-COLLAPSE: collapse; "
cellSpacing=0 cellPadding=0 width="100%" border=0>

  <TR vAlign=top>
    <TD align=left><B>2. Appointment of Auditors </B></TD>
    <TD align=left width="10%"><B><I>FOR </I></B></TD>
    <TD align=left width="10%"><B><I>WITHHOLD </I></B></TD></TR>
  <TR vAlign=top>
    <TD align=left>Appointment of KPMG LLP, an independent registered public
      accounting firm, as auditor for 2019 as set out on page 12of the
      Management Information Circular of the Corporation dated April 9, 2019
      (the &#147;Management Information Circular&#148;). </TD>
    <TD align=left
      width="10%">[&nbsp;&nbsp;&nbsp;&nbsp; ]</TD>
  <TD align=left
      width="10%">[&nbsp;&nbsp;&nbsp;&nbsp; ]</TD>
  </TR></TABLE>
<P align=justify>I/We authorize you to act in accordance with my/our
instructions set out above. I/We hereby revoke any proxy previously given with
respect to the Meeting. <B>If no voting instructions are indicated above, this
Proxy will be voted FOR a matter by Management&#146;s appointees or, if you appoint
another proxyholder, as that other proxyholder sees fit. On any amendments or
variations proposed or any new business properly submitted before the Meeting,
I/We authorize you to vote as you see fit. </B></P>
<P align=justify>&nbsp;</P>
<TABLE
style="BORDER-COLOR: black; FONT-SIZE: 10pt; BORDER-COLLAPSE: collapse; "
cellSpacing=0 cellPadding=0 width="100%" border=0>

  <TR vAlign=top>
    <TD style="BORDER-TOP: #000000 1px solid" align=left>Print Name </TD>
    <TD align=left width="2%">&nbsp;</TD>
    <TD style="BORDER-TOP: #000000 1px solid" align=left
      width="35%">Signature(s) </TD>
    <TD align=left width="2%">&nbsp;</TD>
    <TD style="BORDER-TOP: #000000 1px solid" align=left width="20%">Date
  </TD></TR></TABLE>
<P align=justify>Please sign exactly as your name(s) appear on this proxy.
<B>Please see reverse for instructions. </B>All proxies must be received by
10:00 a.m. (Toronto Time) on Monday May 27, 2019. </P>
<P align=center>64</P>
<HR style="PAGE-BREAK-AFTER: always" align=center width="100%" color=black
noShade SIZE=5>
<A name=page_2></A>
<P align=center><B>Proxy Form &#150; Annual Meeting of Shareholders of Energy Fuels
Inc. to be held on</B><BR><B>May 29, 2019 (the &#147;Meeting&#148;)</B> <BR></P>
<P align=justify><B>Notes to Proxy </B></P>
<P align=justify>1. This proxy must be signed by a holder or his or her attorney
duly authorized in writing. If you are an individual, please sign exactly as
your name appears on this proxy. If the holder is a corporation, a duly
authorized officer or attorney of the corporation must sign this proxy, and if
the corporation has a corporate seal, its corporate seal should be affixed. </P>
<P align=justify>2. If the securities are registered in the name of an executor,
administrator or trustee, please sign exactly as your name appears on this
proxy. If the securities are registered in the name of a deceased or other
holder, the proxy must be signed by the legal representative with his or her
name printed below his or her signature, and evidence of authority to sign on
behalf of the deceased or other holder must be attached to this proxy. </P>
<P align=justify>3. <B>You have the right to appoint a person other than as
designated herein to represent you at the Meeting, by striking out the names of
the persons designated above and inserting such other person&#146;s name in the blank
space provided and delivering the completed proxy to AST Trust Company (Canada)
in the envelope provided. </B></P>
<P align=justify>4. This Proxy is solicited by management of the Corporation
</P>
<P align=justify>5. If you appoint the management nominees, they will vote in
accordance with your instructions or, if no instructions are provided, they will
vote <B>FOR</B> the matters set out above. If you appoint someone other than one
of the management nominees, they will also vote in accordance with your
instructions or if no instructions are provided, they will vote in their
discretion </P>
<P align=justify>6. This proxy confers discretionary authority on the person
named to vote in his or her discretion with respect to any amendments or
variations proposed to the matters set out in this proxy or to any new business
properly submitted before the Meeting </P>
<P align=justify>7. Some holders may own securities as both a registered and a
beneficial holder; in which case you may receive more than one Management
Information Circular and will need to vote separately as a registered and
beneficial holder. Beneficial holders may be forwarded either a form of proxy
already signed by the intermediary or a voting instruction form to allow them to
direct the voting of securities they beneficially own. Beneficial holders should
follow instructions for voting conveyed to them by their intermediaries. </P>
<P align=justify>8. If a security is held by two or more individuals, any one of
them present or represented by proxy at the Meeting may, in the absence of the
other or others, vote at the Meeting. However, if one or more of them are
present or represented by proxy, they must vote together the number of
securities indicated on the proxy. </P>
<P align=justify>All holders should refer to the Management Information Circular
for further information regarding completion and use of this proxy and other
information pertaining to the Meeting. </P>
<P align=justify><B>This proxy is solicited by and on behalf of Management of
the Corporation</B>. </P>
<P align=center><B>How to Vote</B></P>
<DIV>
<TABLE
style="BORDER-COLOR: black; FONT-SIZE: 10pt; BORDER-COLLAPSE: collapse; "
cellSpacing=0 cellPadding=3 width="100%" border=0>

  <TR>
    <TD
    style="BORDER-RIGHT: #000000 1px solid; BORDER-TOP: #000000 1px solid; BORDER-LEFT: #000000 1px solid"
    align=center >&nbsp;</TD></TR>
  <TR vAlign=top>
    <TD style="BORDER-RIGHT: #000000 1px solid; BORDER-LEFT: #000000 1px solid"
    align=center><B>TELEPHONE</B> </TD></TR>
  <TR>
    <TD style="BORDER-RIGHT: #000000 1px solid; BORDER-LEFT: #000000 1px solid"
    align=center >&nbsp;</TD></TR>
  <TR vAlign=top>
    <TD style="BORDER-RIGHT: #000000 1px solid; BORDER-LEFT: #000000 1px solid"
    align=center>Use any touch-tone phone, call toll free in Canada and the
      United States </TD></TR>
  <TR>
    <TD style="BORDER-RIGHT: #000000 1px solid; BORDER-LEFT: #000000 1px solid"
    align=center >&nbsp;</TD></TR>
  <TR vAlign=top>
    <TD style="BORDER-RIGHT: #000000 1px solid; BORDER-LEFT: #000000 1px solid"
    align=center><B>1-888-489-5760 </B>and follow the voice instructions
</TD></TR>
  <TR>
    <TD
      style="BORDER-RIGHT: #000000 1px solid; BORDER-LEFT: #000000 1px solid">&nbsp;
    </TD></TR>
  <TR>
    <TD style="BORDER-RIGHT: #000000 1px solid; BORDER-LEFT: #000000 1px solid"
    >&nbsp;</TD></TR>
  <TR vAlign=top>
    <TD style="BORDER-RIGHT: #000000 1px solid; BORDER-LEFT: #000000 1px solid"
    align=left>To vote by telephone you will need your control number. If you
      vote by telephone, do not return this proxy.
</TD></TR></TABLE></DIV><BR>
<HR style="PAGE-BREAK-AFTER: always" align=center width="100%" color=black
noShade SIZE=5>
<A name=page_3></A><BR>
<DIV>
<TABLE
style="BORDER-COLOR: black; FONT-SIZE: 10pt; BORDER-COLLAPSE: collapse; "
cellSpacing=0 cellPadding=3 width="100%" border=0>

  <TR vAlign=top>
    <TD style="BORDER-RIGHT: #000000 1px solid; BORDER-LEFT: #000000 1px solid"
    align=left>&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;
      &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;
      &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;
      &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;
      &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;
      &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;<B>MAIL, FAX or EMAIL
    </B></TD></TR>
  <TR>
    <TD
      style="BORDER-RIGHT: #000000 1px solid; BORDER-LEFT: #000000 1px solid">&nbsp;
    </TD></TR>
  <TR vAlign=top>
    <TD style="BORDER-RIGHT: #000000 1px solid; BORDER-LEFT: #000000 1px solid"
    align=left>Complete and return your signed proxy in the envelope provided
      or send to: </TD></TR>
  <TR>
    <TD style="BORDER-RIGHT: #000000 1px solid; BORDER-LEFT: #000000 1px solid"
    align=left>&nbsp;</TD></TR>
  <TR vAlign=top>
    <TD style="BORDER-RIGHT: #000000 1px solid; BORDER-LEFT: #000000 1px solid"
    align=left>
      <P align=justify>AST Trust Company (Canada) </P></TD></TR>
  <TR vAlign=top>
    <TD style="BORDER-RIGHT: #000000 1px solid; BORDER-LEFT: #000000 1px solid"
    align=left>
      <P align=justify>P.O. Box 721 </P></TD></TR>
  <TR vAlign=top>
    <TD style="BORDER-RIGHT: #000000 1px solid; BORDER-LEFT: #000000 1px solid"
    align=left>
      <P align=justify>Agincourt, ON M1S 0A1 </P></TD></TR>
  <TR>
    <TD style="BORDER-RIGHT: #000000 1px solid; BORDER-LEFT: #000000 1px solid"
    align=left>
      <P align=justify>&nbsp;</P></TD></TR>
  <TR vAlign=top>
    <TD style="BORDER-RIGHT: #000000 1px solid; BORDER-LEFT: #000000 1px solid"
    align=left>
      <P align=justify>You may alternatively fax your proxy to 416-368-2502 or
      toll free in Canada and the United States to 1-866-781-3111 or scan and
      email to <U><FONT color=#0000ff>proxyvote@astfinancial.com.
    </FONT></U></P></TD></TR>
  <TR>
    <TD style="BORDER-RIGHT: #000000 1px solid; BORDER-LEFT: #000000 1px solid"
    align=left>
      <P align=justify>&nbsp;</P></TD></TR>
  <TR vAlign=top>
    <TD style="BORDER-RIGHT: #000000 1px solid; BORDER-LEFT: #000000 1px solid"
    align=left>
      <P align=justify>An undated proxy is deemed to be dated on the day it was
      received by AST Trust Company (Canada). </P></TD></TR>
  <TR>
    <TD style="BORDER-RIGHT: #000000 1px solid; BORDER-LEFT: #000000 1px solid"
    align=left>
      <P align=justify>&nbsp;</P></TD></TR>
  <TR vAlign=top>
    <TD style="BORDER-RIGHT: #000000 1px solid; BORDER-LEFT: #000000 1px solid"
    align=left>
      <P align=justify>If you wish to receive investor documents electronically
      in the future, please visit <U><FONT
      color=#0000ff>https://ca.astfinancial.com/edelivery </FONT></U>to enroll.
      </P></TD></TR>
  <TR>
    <TD
    style="BORDER-RIGHT: #000000 1px solid; BORDER-LEFT: #000000 1px solid; BORDER-BOTTOM: #000000 1px solid"
    align=left>&nbsp;</TD></TR></TABLE></DIV>
<P align=justify><B>All proxies must be received by 10:00 a.m. (Toronto Time),
on Monday, May 27, 2019, or if the Meeting is adjourned, by 10:00 a.m. (Toronto
Time) on the second business day preceding the day to which the Meeting is
adjourned. <br>
&nbsp;</B></P>
<P align=center>65</P>
<HR align=center width="100%" color=black noShade SIZE=5>
    <div>
        <p style="text-align:center;"><img src="a3d44c5ed94x001.jpg" width="182" height="103"></p>
        <p style="margin-bottom:0pt;text-align:center;"><b>ENERGY FUELS INC.</b></p>
        <p style="margin-top:0pt;text-align:center;">(the "Corporation")</p>
        <p style="text-align:center;"><u><b>ANNUAL REQUEST FOR FINANCIAL STATEMENTS</b></u></p>
        <p style="text-align:justify;"><b>TO:</b><font style="width:16.44pt; display:inline-block" class="highlightedSpacer">&nbsp;</font><b>REGISTERED AND BENEFICIAL SHAREHOLDERS</b></p>
        <p style="text-align:justify;">In accordance with National Instrument 51-102, shareholders (including beneficial owners) may elect annually to have their names added to the Supplemental Mailing List of the Corporation.&nbsp; If you wish to receive the Form 10-K, annual financial statements and management's discussion and analysis ("MD&amp;A") for the annual financial statements, the interim financial statements and MD&amp;A for the interim financial statements of the Corporation, or both, you must complete this form and forward it, either with your proxy or separately, to our transfer agent:</p>
        <p style="margin-bottom:0pt;text-align:center;"><b>AST Trust Company (Canada)</b></p>
        <p style="margin-top:0pt;margin-bottom:0pt;text-align:center;"><b>P.O. Box 700, Postal Station B</b></p>
        <p style="margin-top:0pt;text-align:center;"><b>Montreal, QC&nbsp; H3B 3K3</b></p>
        <p style="text-align:justify;">I hereby certify that I am a shareholder of the Corporation.&nbsp; Please put my name on your Supplemental Mailing List for the Corporation and send me the documents as indicated below:</p>
        <p style="text-indent: 36pt; text-align: justify; margin-left: 0pt;">Form 10-K, Annual Financial Statements and Annual MD&amp;A of the Corporation<font style="width: 5pt; text-indent: 0pt; display: inline-block;" class="highlightedSpacer">&nbsp;</font>[ &nbsp; ]</p>
        <p style="text-indent: 36pt; text-align: justify; margin-left: 0pt;">Interim Financial Statements and Interim MD&amp;A of the Corporation<font style="text-indent: 0pt; display: inline-block; width: 55pt;" class="highlightedSpacer">&nbsp;</font>[ &nbsp; ]</p>
        <p style="text-align:justify;">Copies of these documents may also be found on SEDAR at <font style="color:#0000ff;"><u>www.sedar.com</u></font>, on EDGAR at <font style="color:#0000ff;"><u>www.sec.gov</u></font>, or on the Corporation's website at <font style="color:#0000ff;"><u>www.energyfuels.com</u></font>. </p>
        <p style="text-align:justify;"><b>DATED </b>the _____ day of ______________, 2019.</p>
        <TABLE width="100%" border=0 cellPadding=0
cellSpacing=0
style="BORDER-COLOR: black; FONT-SIZE: 10pt; BORDER-COLLAPSE: collapse; " BCLLIST>
          <TR>
            <TD vAlign=top>&nbsp;</TD>
            <TD style="BORDER-BOTTOM: #000000 1px solid">&nbsp;</TD>
          </TR>
          <TR>
            <TD vAlign=top>&nbsp;</TD>
            <TD>(First Name and Surname)</TD>
          </TR>
          <TR>
            <TD vAlign=top>&nbsp;</TD>
            <TD>&nbsp;</TD>
          </TR>
          <TR>
            <TD vAlign=top>&nbsp;</TD>
            <TD style="BORDER-BOTTOM: #000000 1px solid">&nbsp;</TD>
          </TR>
          <TR>
            <TD vAlign=top>&nbsp;</TD>
            <TD>(Number and Street)  (Apartment/Suite)</TD>
          </TR>
          <TR>
            <TD vAlign=top>&nbsp;</TD>
            <TD>&nbsp;</TD>
          </TR>
          <TR>
            <TD vAlign=top>&nbsp;</TD>
            <TD style="BORDER-BOTTOM: #000000 1px solid">&nbsp;</TD>
          </TR>
          <TR>
            <TD vAlign=top>&nbsp;</TD>
            <TD>(City)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Province)</TD>
          </TR>
          <TR>
            <TD vAlign=top>&nbsp;</TD>
            <TD>&nbsp;</TD>
          </TR>
          <TR>
            <TD vAlign=top>&nbsp;</TD>
            <TD style="BORDER-BOTTOM: #000000 1px solid">&nbsp;</TD>
          </TR>
          <TR>
            <TD vAlign=top>&nbsp;</TD>
            <TD>(Postal Code)</TD>
          </TR>
          <TR>
            <TD vAlign=top>&nbsp;</TD>
            <TD>&nbsp;</TD>
          </TR>
          <TR>
            <TD vAlign=top>&nbsp;</TD>
            <TD style="BORDER-BOTTOM: #000000 1px solid">&nbsp;</TD>
          </TR>
          <TR>
            <TD vAlign=top width="50%">&nbsp;</TD>
            <TD width="50%"><P align=justify>(Signature of Shareholder)</P></TD>
          </TR>
      </TABLE>
<br>
</div>
    <hr width="100%" size="5" color="black">
</BODY>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>2
<FILENAME>eflogo.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
begin 644 eflogo.jpg
M_]C_X  02D9)1@ ! 0   0 !  #_VP!# ! +# X,"A .#0X2$1 3&"@:&!86
M&#$C)1TH.C,]/#DS.#= 2%Q.0$1713<X4&U15U]B9VAG/DUQ>7!D>%QE9V/_
MVP!# 1$2$A@5&"\:&B]C0CA"8V-C8V-C8V-C8V-C8V-C8V-C8V-C8V-C8V-C
M8V-C8V-C8V-C8V-C8V-C8V-C8V-C8V/_P  1" ". 2$# 2(  A$! Q$!_\0
M'P   04! 0$! 0$           $" P0%!@<("0H+_\0 M1   @$# P($ P4%
M! 0   %] 0(#  01!1(A,4$&$U%A!R)Q%#*!D:$((T*QP152T? D,V)R@@D*
M%A<8&1HE)B<H*2HT-38W.#DZ0T1%1D=(24I35%565UA96F-D969G:&EJ<W1U
M=G=X>7J#A(6&AXB)BI*3E)66EYB9FJ*CI*6FIZBIJK*SM+6VM[BYNL+#Q,7&
MQ\C)RM+3U-76U]C9VN'BX^3EYN?HZ>KQ\O/T]?;W^/GZ_\0 'P$  P$! 0$!
M 0$! 0        $" P0%!@<("0H+_\0 M1$  @$"! 0#! <%! 0  0)W  $"
M Q$$!2$Q!A)!40=A<1,B,H$(%$*1H;'!"2,S4O 58G+1"A8D-.$E\1<8&1HF
M)R@I*C4V-S@Y.D-$149'2$E*4U155E=865IC9&5F9VAI:G-T=79W>'EZ@H.$
MA8:'B(F*DI.4E9:7F)F:HJ.DI::GJ*FJLK.TM;:WN+FZPL/$Q<;'R,G*TM/4
MU=;7V-G:XN/DY>;GZ.GJ\O/T]?;W^/GZ_]H # ,!  (1 Q$ /P#T"BBB@ HH
MHH **JW5T(!COZ]:A5;R7G9M'^V^#^0S63J:VBKE*.EV7Z6J/D78Z%/^^S_A
M2^9=1_>C8C\&_E2]HUO%CY5T9=HJK'>*>&'3KBK"NKC*D&KC4C+9B<6MQU%)
M15DA14<EPB<9R?054:_+L4B&YO1!N(^OI6;JQ3MN4HME^DWJ.K#\ZHB*[EY8
M*@/]]LG\A_C3A8R?Q3K^$?\ ]>IYYO:([1[ET$'H0:6J7V65.5D#?A@U+!.6
M;RY/O=J:J._+)6$XZ718HHHK4D**** "BBB@ HHHH **** "BBB@ HHHH **
M** "BBB@ HHHH **** "DI:2@"@B>9J(+<A-S#Z\ ?H35^J9_=7P;LW'Y_\
MUP*NUE1V:\V7/<***2M2".6".4Y9?F'0C@U7:VDC.Z-]WL>#5RJMS>+&#@@
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M;G!#R$NP/49Z#\L5RUJRK22CLOS.BC2=--O=EJBBBI-0HHHH **** "BBB@
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M2%<D[]V?;I[5T=JKK;1B4DR;1N)]>]<OX9M<64 (_P!?*9&_W5Z?J!^==97
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MFRH1A!\R5C@]4N/M6HSR@Y4MA?H.!_*JM%%>Q&*C%170\N3YFVR>RMS=WD4
M.-[8)'8=ZZ >&;9L[);EL'!*QY&?P%4O#,>+J:Y*Y$,9Q]3_ /J-=W90M!:1
MQN<N!ER.['D_K7!7JS=5QB[)'90IQY.:2O<Y(^%X/^>EW_WY/^%)_P (O#_S
MTNO^_)_PKM:*RYZO\[_ V]G3_E,O2;;R2 $=4AB$:%U*D^O7Z"M.EHJ8QY58
MMNX44450@HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "J6J FS<+
MUP<?E5RHKE-\)]N:BI\+*CN>4T59U&U:SOI8&'"M\ON.U5J]B,E)*2ZGD-.+
MLPKK-!\00)''%=,(Y(UV!FZ,/Z5R=%95J,:JL^AI3JNF[H]+76K-ND\)^D@I
M_P#:MK_SUC_[[%>8TGYUS_5)?S?@='UI?RGICZS9H.9X1]9!4<>M07#.L$J,
M4&YL<X'UKSBNH\,VF;,DCFZD"?\  !U_3-8UZ#IPOS:FE*O[25N70Z^V9WMX
MWE #LN2/3VKD_&5WE(X ?OMN/T'3_/M76S-LB8^U><Z_="ZU.3:<I'\@_#K^
MN:5&/-62Z+7_ "'6ERTWYZ&;112HAD=4499C@#WKU3SCK_#-KMLX 1S/)YC?
M[J]/U _.NKK,TFW6)MJ_=@C$2_7@G_V6M2O'B^:\^[/5Y>5*/8****H HHHH
M **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH *2EHH YWQ%H
MJWD>^,8E7[A]?8UQ$T,D$ACF1D<=017K#*&!##(-9]WI<=PA5E21?[L@Z?C5
M4JLJ.B5U^1G4HQJ:[,\THKLIO"]L3D6\Z#_IFX(_7)J'_A%K;TO/R'^%=/UR
M'5/[CG^JS[HY.BNK_P"$6MO^GS_OG_ZU*/"]KZ7A_ #^E'URGV?W"^JU/+[S
ME8HVEE2-.6=@H^IKT73(%28*@PD$81?J?_K ?G6;:>'XK:998K69G4Y4R.H
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@@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH __]D!

end
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>3
<FILENAME>scheddef14ax2x2.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
begin 644 scheddef14ax2x2.jpg
M_]C_X  02D9)1@ ! 0   0 !  #_VP!# ! +# X,"A .#0X2$1 3&"@:&!86
M&#$C)1TH.C,]/#DS.#= 2%Q.0$1713<X4&U15U]B9VAG/DUQ>7!D>%QE9V/_
MVP!# 1$2$A@5&"\:&B]C0CA"8V-C8V-C8V-C8V-C8V-C8V-C8V-C8V-C8V-C
M8V-C8V-C8V-C8V-C8V-C8V-C8V-C8V/_P  1" &I G<# 2(  A$! Q$!_\0
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MW-;_ (2?6?\ G\_\A)_A1_PD^L_\_G_D)/\ "LG%&*.2/8+ON:W_  D^L_\
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M4ZDI@)BDQ3L4E "4E.I*0"48I:* /2?"'_(M6G_ _P#T-J*7PC_R+5I_P/\
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M;45YT_B9T+8J>.?^0-#_ -?"_P#H+5PN*[OQQ_R!X?\ KX7_ -!:N%Q771^
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M 2C%+BEQ0 VBG8HQ0 F*,4ZB@!,48I:,4 )BEQ2XHH 2BEQ1B@""[P+2<_\
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M2GTF*8#:3%/(I,4A#<4F*=13 9BBG8HQ0 RC%.Q24 -Q28I])3 ;28IQ%&*
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MB8HQ2TM 6$HIV*,4 )BEQ2XHQ0%A,4N*6B@ HHI<4 )13L4N*!C0*7%+2XH
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M7EUYFW[-L^7&=VXX_"K&B:;%J-RR3RF-0,@#JWL*9#.(=&NHN-T\B+^ R?\
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M2..F*H3Z7&GA^#41(WF2.5*=AR1_2I8[#2(;:*6ZOI99'0,8H ,J2,XSR.*
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MF Z22/\ Z1,!\Q[ #CY>!5J"TNOMBSII)9.J+(^,GU8GJ?RH$5'T1Q:)=/\
MN1+(JQQ]3@]S2PVK:?J3VES=36K$CRYHSA3Z$^WX\5IZK-JLL48N;>"%/.79
MM;<V[!QG!Z=:9JND:M?1^;.]N[PJ<+&#D^W3FG<"[]CUN#_4W\4ZCM*F"?T/
M\Z!=ZU#S-81S*.\3X/\ ,_RK!M;N^3R(9+^2"W<863&0I]#Z8_P[5NC1+N1?
MWFL7+@\C:2!CZ9I +_PD,,6!=VMS;M_MIP*P);R"RU87>G2[HG.63:1@'JO/
MZ5O_ /",VC,&GFN)CWW/P?TS^M,N_#^FP6%Q(L)WI&S!BYR,#/K1<+&K;SQW
M,"31-N1QD&I#7(^']1>QNVLI\A'; R?N-TKK"^/O BF N*3%*,'H:*8#<4E/
MI,47 8:*=BDQ1<!M(13L44 -Q24ZBG<0S%1E""2G!/4'H:FHQ1<1$&W$J1AA
MV-<#J2>7J-RO82MC\Z] = W7MT/<5PNNH8]7N%)S\P.?J :38C/HHI*D3"BB
MBD(0TE+24"/7_ G_ "*%C_VT_P#1C44>!/\ D4+'_MI_Z,:BD27=?_X\D_ZZ
M#^1KGZZ#7O\ CR3_ *Z#^1K!Q5(VAL(!2XI:*=R[!BC%+10 44M+0 F*7% %
M.I7$-Q2BEQ2T7"PE**6EHN E%+1B@ I<4N**5QV#%%+BEHN F*7%+2T7 ;2X
MI:6E<8E%+BEQ1<+"8ILS^5!))C.Q2V/H*DQ5;4\C3+LCM"Y_)32N.QRS^(]3
MG1WB6&%%_BXS_P"/'FLBXU>\N,B6YF8'^'=@?D.*UM4'E^$=/0]?,)_5C_6N
M<X[5:)%,A/04FXGK11]:8AN<=J-QH'/%(:0"[CZTY?NM^%,%/C^XWX4 22W4
MDUM!;OMV0;MF!SR<GFAIE,'EB% <@[QUX&/_ *]6M1B6VAAM@BEURYE P7!
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MX#2,4E*:2A@%% ZTM(8<=J2BB@04444 %%%% !1110 4444 &:*** "BBB@
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M)10%Q=U&:2B@+L****!"BDHHS0 N.,\?G1244 %%%%  **** "BBB@ HHHH
M**** "BBB@ HHHH **** "BBB@ HHHH **** "EQ244 +@^E)110 4444 *.
M]!-)10 H.#FAN>:2BG< HHHI %%%% !2YI** %S29Q110 N3ZT9/K244 &3Z
MT444 &:*** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@#V#P)_R*%C_V
MT_\ 1C44>!/^10L?^VG_ *,:B@#/^)W_ "+UO_U]K_Z ]>7UZA\3O^1>M_\
MK[7_ - >O+Z "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH ****
M"BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH ,48HHIZ +BC%)11H
MN*3%%%&@!1112 **** "BBB@!1CN#1Q[TE% !1110 4444 %%%% !1110 44
M44 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 >P>!/^10L
M?^VG_HQJ*/ G_(H6/_;3_P!&-10!G_$[_D7K?_K[7_T!Z\OKU#XG?\B];_\
M7VO_ * ]>7T %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444
M%%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4
M444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !11
M10 4444 %%%% !1110 4444 %%%% !1110![!X$_Y%"Q_P"VG_HQJ*/ G_(H
M6/\ VT_]&-10!G_$[_D7K?\ Z^U_] >O+Z]0^)W_ "+UO_U]K_Z ]>7T %%%
M% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444
M %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110
M4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1
M110 4444 %%%% !1110![!X$_P"10L?^VG_HQJ*/ G_(H6/_ &T_]&-10!T%
M%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 44
M44 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !111
M0 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%%
;!1110 4444 %%%% !1110 4444 %%%% '__9

end
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>4
<FILENAME>scheddef14ax3x1.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
begin 644 scheddef14ax3x1.jpg
M_]C_X  02D9)1@ ! 0   0 !  #_VP!# ! +# X,"A .#0X2$1 3&"@:&!86
M&#$C)1TH.C,]/#DS.#= 2%Q.0$1713<X4&U15U]B9VAG/DUQ>7!D>%QE9V/_
MVP!# 1$2$A@5&"\:&B]C0CA"8V-C8V-C8V-C8V-C8V-C8V-C8V-C8V-C8V-C
M8V-C8V-C8V-C8V-C8V-C8V-C8V-C8V/_P  1" #4 4L# 2(  A$! Q$!_\0
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M%4$DYSVS3D48)XH K%R#\F1CK_\ 6S4D(!;).>V34R[6PFT'GN*0X4$<CTH
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MY-:)=3-NQ+?[3S%P>_/6L^9Y7X).WIBK!)?&23@8%,(JK"3:)8 \$:MT '3
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MCM5:2(':R[D(SU%3M(R2<L&(XXIR2@GE%YYSSFD!3.Y2!^M;/A '_A)+7/\
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M.IK%GM#<B&>&.1G<'(7G&*-2NQJ6H+$I+00C@#N>]:VG:Y]GEC2UB)@"@%6
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MY!S]G_\ LJ?_ ,(%P0-3QZ?N.G_CU%PL<.J2[#R2Q[#FMSP;QXEM.<??R/\
M@#5NIX$*HRG4LY[^1T_\>J[H_A,Z7J,5V;[SO+S\GE;<Y!'7<?6@#I:***0P
MHHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "B
IBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@#_]D!

end
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>5
<FILENAME>scheddef14ax38x1.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
begin 644 scheddef14ax38x1.jpg
M_]C_X  02D9)1@ ! 0   0 !  #_VP!# ! +# X,"A .#0X2$1 3&"@:&!86
M&#$C)1TH.C,]/#DS.#= 2%Q.0$1713<X4&U15U]B9VAG/DUQ>7!D>%QE9V/_
MVP!# 1$2$A@5&"\:&B]C0CA"8V-C8V-C8V-C8V-C8V-C8V-C8V-C8V-C8V-C
M8V-C8V-C8V-C8V-C8V-C8V-C8V-C8V/_P  1" '$ FL# 2(  A$! Q$!_\0
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MQH L457^QP?W#_WT?\:/L<']P_\ ?1_QH L457^QP?W#_P!]'_&C['!_</\
MWT?\: +%%5_L<']P_P#?1_QH^QP?W#_WT?\ &@"Q15?['!_</_?1_P :/L<'
M]P_]]'_&@"Q15?['!_</_?1_QH^QP?W#_P!]'_&@"Q15?['!_</_ 'T?\:/L
M<']P_P#?1_QH L457^QP?W#_ -]'_&C['!_</_?1_P : +%%5_L<']P_]]'_
M !H^QP?W#_WT?\: +%%5_L<']P_]]'_&C['!_</_ 'T?\: +%%5_L<']P_\
M?1_QH^QP?W#_ -]'_&@"Q15?['!_</\ WT?\:/L<']P_]]'_ !H L457^QP?
MW#_WT?\ &C['!_</_?1_QH L457^QP?W#_WT?\:/L<']P_\ ?1_QH L457^Q
MP?W#_P!]'_&C['!_</\ WT?\: +%%5_L<']P_P#?1_QH^QP?W#_WT?\ &@"Q
M15?['!_</_?1_P :/L<']P_]]'_&@"Q15?['!_</_?1_QH^QP?W#_P!]'_&@
M"Q15?['!_</_ 'T?\:/L<']P_P#?1_QH L457^QP?W#_ -]'_&C['!_</_?1
M_P : +%%5_L<']P_]]'_ !H^QP?W#_WT?\: +%%5_L<']P_]]'_&C['!_</_
M 'T?\: +%%5_L<']P_\ ?1_QH^QP?W#_ -]'_&@"Q15?['!_</\ WT?\:/L<
M']P_]]'_ !H L457^QP?W#_WT?\ &C['!_</_?1_QH L457^QP?W#_WT?\:/
ML<']P_\ ?1_QH L457^QP?W#_P!]'_&C['!_</\ WT?\: +%%5_L<']P_P#?
M1_QH^QP?W#_WT?\ &@"Q15?['!_</_?1_P :/L<']P_]]'_&@"Q15?['!_</
M_?1_QH^QP?W#_P!]'_&@"Q15?['!_</_ 'T?\:/L<']P_P#?1_QH L457^QP
M?W#_ -]'_&C['!_</_?1_P : +%%5_L<']P_]]'_ !H^QP?W#_WT?\: +%%5
M_L<']P_]]'_&C['!_</_ 'T?\: +%%5_L<']P_\ ?1_QJ.6".*2!HP0?, ^\
M?0T 7**** (F_P"/J/\ W&_FM2U$W_'U'_N-_-:EH **** "BBB@ HHHH **
M** "BBB@ HHHH ***P_&D\MOX6O9("5?"KD=0"P!_0T :<=_9R7)MH[J!YQG
M,:R L,=>,YJS63I>D:;#I]F8;: E$5TD"#<3C[V>M<V-9UNYT>XU^&^BBMX9
M2%L_)!#*"!RW7/- '=45QEQJ^JWVLS6UE>"TB-@MTH:)7*G .!]<XYJK!K^M
M+9Z/J4UU$\-Y-Y#0"(#@-@L6ZYX/3B@#O:*XR]U+6I-1UV*TOD@BT]!*H:)6
M)^7.T>QP>3GM1+XANKO0],GCO#:7%R'W+!;>?(Y4X^5>@'!ZT =G56;4+6WO
M8+.68+<7&?*3!^;'6N*/B?53X<\]9@+F+4!;EVC"EUP3\RXX/KBM":;4[+Q'
MHMI=W4=S)+YI=O)5>W !QD?A0!U]%<=H^L:@VJNFKWDD$H#M]A:V"JP /*/W
MJJVM:W_82^(OML7V<R_\>0A&"F_;][KG_/M0!W=%<9J6JZM)JFK065XMO%;6
MBW*[H@Q&%R0/KGOFNA\/7LNHZ%:7<^/-E3+8Z$Y(_I0!I50U'6=/TMXTOKI8
M6E.$4@DG\NWO7+#5]:O=,O=;M[Z*""VE8+:F$$.JD=6/(.#VJO,UQJ'CS2+F
M.X,)N;-)D!C#>6NUB4]\X;G_ &O:@#N;F[MK- ]U<10*3@-*X4$^G-%M=VUX
MA>UN(IU4X)B<, ?PK)\4Z7<ZG%8_98XI3;W*S,DC8#*,\=#UJOINOP117T;Z
M2]O-:3".6&U3S,DYP1@#TH WVNK=;E;9IXQ.PW+$6&XCU ZT+=6[W+VRSQM.
M@RT88%E'N.HZC\ZYGQ(3>:3;Z]9Q2PW%C)Y@$J;'* X8$?K_ /KK'^VW>F:=
M'J4.%OM<N"Q=4\PQ1]E4=SS0!Z)17&V.MZBNF:D;ZXDB$.SR;JXM"A.XX(V#
MJ?3Z\U!I6OZDU_>VDUS+,JV;SQR3VPA=6 X^7H10!W-07-W;6B![J>*!2<!I
M'"C]:QO"4^J7]C'?W]W')%-& D2Q@8()!8GU..G2J>G0PZGXRUAM0C25K41Q
MP1RC(52.2 ?PY]Z .IBECFC62)UD1AD,IR#]#3ZYS5KB32M4T6ST_9;V]S.X
MEC1%PW0^G'4]*RAKVI&W\4-]IYL90MN=B_(-[#TYX ZT =Q17#KJFNMK-A9'
M4(0-2MA*I\@8@R">.>3@=_6FR^(=4'@VZNO/ O+:[^S^<$7Y@".<8P.M '<,
MP12S'  R:@T^_MM2M5N;.7S86) ;!&<=>M8;:E=OXHEL#-FV_L[S=FT??SC.
M<9K#T74)+/P=8QP7OV62::0#9!YTCX/15Z?7- 'H-5;G4+6UN;>WGF"37+%8
ME(/S$=?YUYWJFJ:AJGAF^2YN&(L[E5):$(TH)XW#^$@C/%;EU+J%C>^'+:2\
M6X,[/N=H$!QA< <'&,]1UH [&EKADUS5GTU; 7.-7-^;8R;%X4<EMN.GX4W5
M/$&K2:Q?P6,L\269"HD-IYWF-_M'^'IVH [:XN(;6(RW$T<,8."\C!1^9JO'
MJ^F32+'%J-I(['"JLZDD^PS1:,-2TNWDO+8!I45GBD3[I^AKC;&X@TFV\27X
MM(9)+:^9804'RG=@8] ">U '?T5QS:AK&F7&EO=Z@EW%J3",QB%4\DMC!4CK
MC/?TJIX7CO+?4==G?4U$=M/)YV^$;96&[YSCE0#S@4 =Y52QU*TU S"TF\PP
M/Y<GRD;6].17(6'B'4/[;L(VO9+NVNW*'?:"%/8HW4CZU=\"?ZW6O^OUOZT
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MK01ZHA>5AJ1+2Y(^4\_=X]^^:AE\+VLEM91K<W44MFNR*XC<+)M]"<=*W:*
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M!S4FAZL]I$6"-?#>%G$J@(K'[KKMP_J>.:??:)JCV^KVT:02B_VN)3)MVD
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M=(2[6".+2U(#QN6,QV[1@8&!CDYK4LM5@OIQ' &*M")D<C (R01CJ"".:OT
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MWW/_ #PC_P"_G_UJ-]S_ ,\(_P#OY_\ 6J>B@"#?<_\ /"/_ +^?_6HWW/\
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M-]S_ ,\(_P#OY_\ 6J>B@"#?<_\ /"/_ +^?_6HWW/\ SPC_ ._G_P!:IZ*
M(-]S_P \(_\ OY_]:C?<_P#/"/\ [^?_ %JGHH @WW/_ #PC_P"_G_UJ-]S_
M ,\(_P#OY_\ 6J>B@"#?<_\ /"/_ +^?_6HWW/\ SPC_ ._G_P!:IZ* (-]S
M_P \(_\ OY_]:C?<_P#/"/\ [^?_ %JGHH @WW/_ #PC_P"_G_UJ-]S_ ,\(
M_P#OY_\ 6J>B@"#?<_\ /"/_ +^?_6HWW/\ SPC_ ._G_P!:IZ* (-]S_P \
M(_\ OY_]:C?<_P#/"/\ [^?_ %JGHH @WW/_ #PC_P"_G_UJ-]S_ ,\(_P#O
MY_\ 6J>B@"#?<_\ /"/_ +^?_6HWW/\ SPC_ ._G_P!:IZ* (-]S_P \(_\
MOY_]:C?<_P#/"/\ [^?_ %JGHH @WW/_ #PC_P"_G_UJ-]S_ ,\(_P#OY_\
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M%(*#CALDY.&7D8[T :E%%1&XB!(+'(.#\IH EHJ'[3%_>/\ WR:/M,7]X_\
M?)H FHJ'[3%_>/\ WR:/M,7]X_\ ?)H FHJ'[3%_>/\ WR:/M,7]X_\ ?)H
MFHJ'[3%_>/\ WR:/M,7]X_\ ?)H FHJ'[3%_>/\ WR:/M,7]X_\ ?)H FHJ'
M[3%_>/\ WR:/M,7]X_\ ?)H FHJ'[3%_>/\ WR:/M,7]X_\ ?)H FHJ'[3%_
M>/\ WR:/M,7]X_\ ?)H FHJ'[3%_>/\ WR:/M,7]X_\ ?)H FHJ'[3%_>/\
MWR:/M,7]X_\ ?)H FHJ'[3%_>/\ WR:/M,7]X_\ ?)H FHJ'[3%_>/\ WR:/
MM,7]X_\ ?)H FHJ'[3%_>/\ WR:/M,7]X_\ ?)H FHJ'[3%_>/\ WR:/M,7]
MX_\ ?)H FHJ'[3%_>/\ WR:/M,7]X_\ ?)H FHJ'[3%_>/\ WR:/M,7]X_\
M?)H FHJ'[3%_>/\ WR:/M,7]X_\ ?)H FHJ'[3%_>/\ WR:/M,7]X_\ ?)H
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M%%48!1110 4444 %)2T4 )3'@AD!$D2.",'<H.:DHH"Y1DT;39?OV-N>W^K
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M(77+E>QZ?ESTKL'C1_OJ&^HS3@ !@# I<FNY3K^ZDHI6.5D\+:A<?\?.L2R
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MU'=NGRPVRQCV0BL_K+EM^";*Y(1\_P !F-7O,$LEJA[=Z?'H<1;?=S/<-[G
MIWG7#]9M@]D/^%+M#??NY3]$:FKO[#?J+G:V:7H6X;:VMAB*.-/<#G\Z<US
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MX[>'R(MJD$KQRWO\HZ>_X &C114#6L;,6+39)SQ,X'\Z )Z*K_8XO[T__?\
M?_&C['%_>G_[_O\ XT 6**K_ &.+^]/_ -_W_P :/L<7]Z?_ +_O_C0!8HJO
M]CB_O3_]_P!_\:/L<7]Z?_O^_P#C0!8HJO\ 8XO[T_\ W_?_ !H^QQ?WI_\
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M+;/_ ,](_P#OV?\ &C;/_P ](_\ OV?\:EHH BVS_P#/2/\ []G_ !HVS_\
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M //2/_OV?\:-L_\ STC_ ._9_P :EHI 1;9_^>D?_?L_XT;9_P#GI'_W[/\
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MM<?]V;_OR_\ A1]KC_NS?]^7_P *I2:V9,HJ6C,,1Z_IIW*ZWT([$_-C^?\
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M %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !24M%
M%"^T>RO^9H5W_P!]>&_/O67_ &+J&G#.EWK,H_Y92#@_T_E71T5:J26AG*G%
MZ]3GDU^ZM&"ZI8/$.GF)R/\ /XUJVFIV=[Q;W",W]W.#^56G19%*N RGJ".#
M61=^&["<EXT:"3KNC./TZ4[PEOH*U2.SN;%%<3K*:KILMM!)J,K0N'*%'*MQ
MCJ1SW]:;H^I:I%>RK")[X&,$K)*S;>>O-'LWNF/VBZH[FBL)KWQ P!CTN)?]
MZ0'_ -F%)]H\1LO_ !YVJ'_>Y_\ 0J/9ONOO%[5=G]QO45@J_B5NL=HOU_\
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MU2<;?FXX)'.: )KG4H;:Y$+)(QP"[JN5C!. 6/U_E2V>HPWDC)&DBC;N1G7
MD7.-RGN/\1ZU!/ILTSNSW"8F14F B/S!2?N_-QP2.]/T_3GLS$&F#QP1>3$
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M "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH
M**** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ H
MHHH **** "BBB@ HHHH **** "BBB@ JO=?>@_ZZC^1JQ5>Z^]!_UU'\C0!8
MHHHH B;_ (^H_P#<;^:U+43?\?4?^XW\UJ6@ I#T-+10!S^@I+%%<)9PA8@0
M%>X0(Y8$AE;'WL>O\ZWQTHI: "H&6YW';)$%[ QDG_T*IZ* (-MU_P ]8?\
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M]8?^_9_^*HVW7_/6'_OV?_BJGHH A1;@,-\D17N!&0?YU-110 4444 %%%%
M!5>Z^]!_UU'\C5BJ]U]Z#_KJ/Y&@"Q1110!$W_'U'_N-_-:EJ)O^/J/_ '&_
MFM2T %%%% !1110 4444 %%%% "5C1:/>(3*]Y"UR)?.67R&Y."N&!?D;6(
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M?\?4?^XW\UJ6HF_X^H_]QOYK4M !1110 4444 %%%% !1110 4444 %%%)0
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M%/;J: -RBF0R"6%) K*'4'#*5(^H/2GT %%%% !1110 4444 %%%% !1110
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MO^/J/_<;^:U+43?\?4?^XW\UJ6@ HHHH **** "BBB@ HHHH **** "BBDH
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MC;V ]ZGU#1X[ZX^T%]DR(%B?;DQL&W!A_A5SRYO^>_\ XX*/+F_Y[_\ C@H
MRT\/QQO.08&\TL=SPY8;F#<D,,X(]CTYXJ:'2I8PJM=F1"Z22;TRS,F,?-G@
M?*/7ZU>\N;_GO_XX*/+F_P">_P#XX* ,V'0S&\9:YW+'Y2H/+P0J,Q&3GDG=
MUHGT0S0/ 9T,/GM<*K19PQ8L0>>1R?0^]:7ES?\ /?\ \<%'ES?\]_\ QP4
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M;_GO_P"."CRYO^>__C@H FHJ'RYO^>__ (X*/+F_Y[_^."@":BH?+F_Y[_\
MC@H\N;_GO_XX* )J*A\N;_GO_P"."CRYO^>__C@H FHJ'RYO^>__ (X*/+F_
MY[_^."@":BH?+F_Y[_\ C@H\N;_GO_XX* )J*A\N;_GO_P"."CRYO^>__C@H
M FHJ'RYO^>__ (X*/+F_Y[_^."@":BH?+F_Y[_\ C@H\N;_GO_XX* )J*A\N
M;_GO_P"."CRYO^>__C@H FHJ'RYO^>__ (X*/+F_Y[_^."@":J]U]Z#_ *ZC
M^1IWES?\]_\ QP4TP2,Z%YMP1MV-N* +%%%% !1110 4444 %%%% !1110 4
M444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !11
M10 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%%
M !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444
'%%%% '__V0$!

end
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>6
<FILENAME>astsmlogo.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
begin 644 astsmlogo.jpg
M_]C_X  02D9)1@ ! 0   0 !  #_VP!# ! +# X,"A .#0X2$1 3&"@:&!86
M&#$C)1TH.C,]/#DS.#= 2%Q.0$1713<X4&U15U]B9VAG/DUQ>7!D>%QE9V/_
MVP!# 1$2$A@5&"\:&B]C0CA"8V-C8V-C8V-C8V-C8V-C8V-C8V-C8V-C8V-C
M8V-C8V-C8V-C8V-C8V-C8V-C8V-C8V/_P  1" !& +\# 2(  A$! Q$!_\0
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M]JU:XSP383K<R7KH5A\LHA/\1R.GY5V=!A6C&,VHGG^K?\CD?^N\?_LM=_7
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4 !1110 4444 %%%% !1110!__]D!

end
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>7
<FILENAME>efsmlogo.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
begin 644 efsmlogo.jpg
M_]C_X  02D9)1@ ! 0   0 !  #_VP!# ! +# X,"A .#0X2$1 3&"@:&!86
M&#$C)1TH.C,]/#DS.#= 2%Q.0$1713<X4&U15U]B9VAG/DUQ>7!D>%QE9V/_
MVP!# 1$2$A@5&"\:&B]C0CA"8V-C8V-C8V-C8V-C8V-C8V-C8V-C8V-C8V-C
M8V-C8V-C8V-C8V-C8V-C8V-C8V-C8V/_P  1" !6 (P# 2(  A$! Q$!_\0
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M29YV,5OSC[S=A_GTH<U;07*QUQ<)_JU7S'/\(&:A%I)L#.JM@YV9_P YJW!
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M #MD=1T4'VZFN-KH[?Q6;:,)%9@  #_6>@QZ>U7B8SFDHJXL/*,6W)G<  #
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2*** "BBB@ HHHH **** /__9

end
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>8
<FILENAME>proxyx1x1.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
begin 644 proxyx1x1.jpg
M_]C_X  02D9)1@ ! 0   0 !  #_VP!# ! +# X,"A .#0X2$1 3&"@:&!86
M&#$C)1TH.C,]/#DS.#= 2%Q.0$1713<X4&U15U]B9VAG/DUQ>7!D>%QE9V/_
MVP!# 1$2$A@5&"\:&B]C0CA"8V-C8V-C8V-C8V-C8V-C8V-C8V-C8V-C8V-C
M8V-C8V-C8V-C8V-C8V-C8V-C8V-C8V/_P  1" !" *H# 2(  A$! Q$!_\0
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ME!1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444
#?__9

end
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>9
<FILENAME>proxyx1x2.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
begin 644 proxyx1x2.jpg
M_]C_X  02D9)1@ ! 0   0 !  #_VP!# ! +# X,"A .#0X2$1 3&"@:&!86
M&#$C)1TH.C,]/#DS.#= 2%Q.0$1713<X4&U15U]B9VAG/DUQ>7!D>%QE9V/_
MVP!# 1$2$A@5&"\:&B]C0CA"8V-C8V-C8V-C8V-C8V-C8V-C8V-C8V-C8V-C
M8V-C8V-C8V-C8V-C8V-C8V-C8V-C8V/_P  1"  R '\# 2(  A$! Q$!_\0
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MAR.#D\5UE%!$9N*:[A11100%%%% !1110 4444 %%%% !1110 4444 %%%%
'!1110!__V0$!

end
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>10
<FILENAME>a3d44c5ed94x001.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
begin 644 a3d44c5ed94x001.jpg
M_]C_X  02D9)1@ ! 0$ 8 !@  #_VP!#  0" P,# @0# P,$! 0$!0D&!04%
M!0L(" 8)#0L-#0T+# P.$!01#@\3#PP,$A@2$Q46%Q<7#A$9&QD6&A06%Q;_
MVP!# 00$! 4%!0H&!@H6#PP/%A86%A86%A86%A86%A86%A86%A86%A86%A86
M%A86%A86%A86%A86%A86%A86%A86%A;_P  1" !G +4# 2(  A$! Q$!_\0
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MFOF7XI?M;%II+7PEI[W0!(%S<DQ1?4(/F8?4K]*^=_B1XX\1>.-:;4-=O6D
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M==.C]#WLGX@K3JQH8M\R>B?5/UZH_1^J>M:C;:99-<7+A54<#/6J_AG4Q?:
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MTRW!,M[",=<-G^5;R]E!7E6DO^WY?YF*II[4U_X"O\CQ[_AGKPR/^92\,?\
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+ HHHH **** /_]D!

end
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
