<SEC-DOCUMENT>0000912282-23-000242.txt : 20230810
<SEC-HEADER>0000912282-23-000242.hdr.sgml : 20230810
<ACCEPTANCE-DATETIME>20230810183837
ACCESSION NUMBER:		0000912282-23-000242
CONFORMED SUBMISSION TYPE:	3
PUBLIC DOCUMENT COUNT:		2
CONFORMED PERIOD OF REPORT:	20230802
FILED AS OF DATE:		20230810
DATE AS OF CHANGE:		20230810

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			KAPOSTASY DANIEL
		CENTRAL INDEX KEY:			0001989355

	FILING VALUES:
		FORM TYPE:		3
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-36204
		FILM NUMBER:		231161040

	MAIL ADDRESS:	
		STREET 1:		C/O ENERGY FUELS INC.
		STREET 2:		225 UNION BLVD., SUITE 600
		CITY:			LAKEWOOD
		STATE:			CO
		ZIP:			80228

ISSUER:		

	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

	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>3
<SEQUENCE>1
<FILENAME>form3.xml
<TEXT>
<XML>
<?xml version="1.0"?>
<ownershipDocument>

    <schemaVersion>X0206</schemaVersion>

    <documentType>3</documentType>

    <periodOfReport>2023-08-02</periodOfReport>

    <noSecuritiesOwned>0</noSecuritiesOwned>

    <issuer>
        <issuerCik>0001385849</issuerCik>
        <issuerName>ENERGY FUELS INC</issuerName>
        <issuerTradingSymbol>UUUU</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001989355</rptOwnerCik>
            <rptOwnerName>KAPOSTASY DANIEL</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>C/O ENERGY FUELS INC.</rptOwnerStreet1>
            <rptOwnerStreet2>225 UNION BLVD., SUITE 600</rptOwnerStreet2>
            <rptOwnerCity>LAKEWOOD</rptOwnerCity>
            <rptOwnerState>CO</rptOwnerState>
            <rptOwnerZipCode>80228</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isOfficer>true</isOfficer>
            <officerTitle>VP, Technical Services</officerTitle>
        </reportingOwnerRelationship>
    </reportingOwner>

    <nonDerivativeTable>
        <nonDerivativeHolding>
            <securityTitle>
                <value>Common Shares</value>
            </securityTitle>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>16099</value>
                    <footnoteId id="F1"/>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </nonDerivativeHolding>
    </nonDerivativeTable>

    <derivativeTable>
        <derivativeHolding>
            <securityTitle>
                <value>Stock Appreciation Rights (&quot;SARs&quot;)</value>
                <footnoteId id="F2"/>
            </securityTitle>
            <conversionOrExercisePrice>
                <value>2.92</value>
            </conversionOrExercisePrice>
            <exerciseDate>
                <value>2020-01-22</value>
            </exerciseDate>
            <expirationDate>
                <value>2024-01-22</value>
            </expirationDate>
            <underlyingSecurity>
                <underlyingSecurityTitle>
                    <value>Common Shares</value>
                </underlyingSecurityTitle>
                <underlyingSecurityShares>
                    <value>24624</value>
                </underlyingSecurityShares>
            </underlyingSecurity>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </derivativeHolding>
        <derivativeHolding>
            <securityTitle>
                <value>SARs</value>
            </securityTitle>
            <conversionOrExercisePrice>
                <value>6.47</value>
            </conversionOrExercisePrice>
            <exerciseDate>
                <value>2023-01-25</value>
            </exerciseDate>
            <expirationDate>
                <value>2027-01-25</value>
            </expirationDate>
            <underlyingSecurity>
                <underlyingSecurityTitle>
                    <value>Common Shares</value>
                </underlyingSecurityTitle>
                <underlyingSecurityShares>
                    <value>21026</value>
                </underlyingSecurityShares>
            </underlyingSecurity>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </derivativeHolding>
        <derivativeHolding>
            <securityTitle>
                <value>SARs</value>
            </securityTitle>
            <conversionOrExercisePrice>
                <value>7.36</value>
            </conversionOrExercisePrice>
            <exerciseDate>
                <value>2024-01-26</value>
            </exerciseDate>
            <expirationDate>
                <value>2028-01-26</value>
            </expirationDate>
            <underlyingSecurity>
                <underlyingSecurityTitle>
                    <value>Common Shares</value>
                </underlyingSecurityTitle>
                <underlyingSecurityShares>
                    <value>4549</value>
                </underlyingSecurityShares>
            </underlyingSecurity>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </derivativeHolding>
        <derivativeHolding>
            <securityTitle>
                <value>Non-Qualified Stock Options (&quot;Options&quot;)</value>
            </securityTitle>
            <conversionOrExercisePrice>
                <value>2.92</value>
            </conversionOrExercisePrice>
            <exerciseDate>
                <value>2020-01-22</value>
            </exerciseDate>
            <expirationDate>
                <value>2024-01-22</value>
            </expirationDate>
            <underlyingSecurity>
                <underlyingSecurityTitle>
                    <value>Common Shares</value>
                </underlyingSecurityTitle>
                <underlyingSecurityShares>
                    <value>10015</value>
                </underlyingSecurityShares>
            </underlyingSecurity>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </derivativeHolding>
        <derivativeHolding>
            <securityTitle>
                <value>Options</value>
            </securityTitle>
            <conversionOrExercisePrice>
                <value>1.76</value>
            </conversionOrExercisePrice>
            <exerciseDate>
                <value>2021-01-23</value>
            </exerciseDate>
            <expirationDate>
                <value>2025-01-23</value>
            </expirationDate>
            <underlyingSecurity>
                <underlyingSecurityTitle>
                    <value>Common Shares</value>
                </underlyingSecurityTitle>
                <underlyingSecurityShares>
                    <value>19487</value>
                </underlyingSecurityShares>
            </underlyingSecurity>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </derivativeHolding>
        <derivativeHolding>
            <securityTitle>
                <value>Options</value>
            </securityTitle>
            <conversionOrExercisePrice>
                <value>3.89</value>
            </conversionOrExercisePrice>
            <exerciseDate>
                <value>2022-01-26</value>
            </exerciseDate>
            <expirationDate>
                <value>2026-01-26</value>
            </expirationDate>
            <underlyingSecurity>
                <underlyingSecurityTitle>
                    <value>Common Shares</value>
                </underlyingSecurityTitle>
                <underlyingSecurityShares>
                    <value>9341</value>
                </underlyingSecurityShares>
            </underlyingSecurity>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </derivativeHolding>
    </derivativeTable>

    <footnotes>
        <footnote id="F1">Daniel Kapostasy was appointed as an officer of the Issuer effective August 2, 2023.  The amount reported in Table I, Section 2 represents 6,274 unvested restricted stock units (&quot;RSUs&quot;) previously granted to Mr. Kapostasy by the Issuer as equity incentive compensation and 9,825 Common Shares issued to Mr. Kapostasy by the Issuer resulting from a combination of (i) his exercise of Options previously granted by the Issuer and fully vested, and (ii) the vesting of RSUs previously granted by the Issuer (post-tax withholding).</footnote>
        <footnote id="F2">Of Mr. Kapostasy's 01/22/2019 grant of 24,624 SARs, 16,416 SARs have vested and are currently exercisable.</footnote>
    </footnotes>

    <remarks>Exhibit 24.1  Power of Attorney</remarks>

    <ownerSignature>
        <signatureName>/s/ Daniel Kapostasy</signatureName>
        <signatureDate>2023-08-09</signatureDate>
    </ownerSignature>
</ownershipDocument>
</XML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-24.1
<SEQUENCE>2
<FILENAME>kapostasypoa.htm
<DESCRIPTION>POWER OF ATTORNEY
<TEXT>
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    <div style="text-align: center; margin-bottom: 12pt; font-weight: bold;">POWER OF ATTORNEY</div>
    <div style="text-align: justify; text-indent: 36pt; margin-bottom: 12pt;">Know all by these presents, that the undersigned hereby constitutes and appoints <font style="font-weight: bold;">David C. Frydenlund</font> as the undersigned&#8217;s true and lawful attorney-in-fact to:</div>
    <div>
      <table cellspacing="0" cellpadding="0" id="z509c8ce95587454eba495473d963f803" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-bottom: 12pt; width: 100%; text-align: left; color: #000000;">

          <tr>
            <td style="width: 75.6pt; vertical-align: top; text-align: right;">
              <div style="text-align: left; margin-left: 39.6pt; margin-bottom: 12pt;">(1)</div>
            </td>
            <td style="width: auto; vertical-align: top;">
              <div style="text-align: justify; text-indent: 32.4pt; margin-bottom: 12pt;">execute for and on behalf of the undersigned, in the undersigned&#8217;s capacity as an officer and/or
                director of Energy Fuels Inc. (the <font style="font-weight: bold; font-style: italic;">&#8220;Company&#8221;), </font>Forms 3, 4 and 5 (including amendments thereto) in accordance with
                Section 16(a) of the Securities Exchange Act of 1934 and the rules and regulations thereunder and any Form ID, Uniform Application for Access Codes to File on Edgar, or Update Passphrase Form;</div>
            </td>
          </tr>

      </table>
    </div>
    <div>
      <table cellspacing="0" cellpadding="0" id="z051b8cb5b8824b4fbfa6a4eaf6570fa5" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-bottom: 12pt; width: 100%; text-align: left; color: #000000;">

          <tr>
            <td style="width: 75.6pt; vertical-align: top; text-align: right;">
              <div style="text-align: left; margin-left: 39.6pt; margin-bottom: 12pt;">(2)</div>
            </td>
            <td style="width: auto; vertical-align: top;">
              <div style="text-align: justify; text-indent: 32.4pt; margin-bottom: 12pt;">do and perform any and all acts for and on behalf of the undersigned which may be necessary or
                desirable to complete and execute any such Forms 3, 4 or 5, Form ID or Update Passphrase Form and timely file such forms (including amendments thereto) and application with the United States Securities and Exchange Commission and any stock
                exchange or similar authority; and</div>
            </td>
          </tr>

      </table>
    </div>
    <div>
      <table cellspacing="0" cellpadding="0" id="z2588a163cbd74494b74e6274234164b3" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-bottom: 12pt; width: 100%; text-align: left; color: #000000;">

          <tr>
            <td style="width: 75.6pt; vertical-align: top; text-align: right;">
              <div style="text-align: left; margin-left: 39.6pt; margin-bottom: 12pt;">(3)</div>
            </td>
            <td style="width: auto; vertical-align: top;">
              <div style="text-align: justify; text-indent: 32.4pt; margin-bottom: 12pt;">take any other action of any type whatsoever in connection with the foregoing which, in the opinion of
                such attorney-in-fact, may be of benefit to, in the best interest of, or legally required by, the undersigned, it being understood that the documents executed by such attorney-in-fact on behalf of the undersigned pursuant to this Power of
                Attorney shall be in such form and shall contain such terms and conditions as such attorney-in-fact may approve in such attorney-in-fact&#8217;s discretion.</div>
            </td>
          </tr>

      </table>
    </div>
    <div style="text-align: justify; text-indent: 36pt; margin-bottom: 12pt;">The undersigned hereby grants to such attorney-in-fact full power and authority to do and perform any and every act
      and thing whatsoever requisite, necessary or proper to be done in the exercise of any of the rights and powers herein granted, as fully to all intents and purposes as the undersigned might or could do if personally present, with full power of
      substitution or revocation, hereby ratifying and confirming all that such attorney-in-fact, or such attorney-in-fact&#8217;s substitute or substitutes, shall lawfully do or cause to be done by virtue of this power of attorney and the rights and powers
      herein granted.&#160; The undersigned acknowledges that the foregoing attorney-in-fact, in serving in such capacity at the request of the undersigned, is not assuming, nor is the Company assuming, any of the undersigned&#8217;s responsibilities to comply with
      Section 16 of the Securities Exchange Act of 1934.</div>
    <div style="text-align: justify; text-indent: 36pt; margin-bottom: 12pt;">The undersigned agrees that such attorney-in-fact herein may rely entirely on information furnished orally or in
      writing by the undersigned to such attorney-in-fact.&#160; The undersigned also agrees to indemnify and hold harmless the Company and such attorney-in-fact against any losses, claims, damages or liabilities (or actions in these respects) that arise out of
      or are based upon any untrue statements or omission of necessary facts in the information provided by the undersigned to such attorney-in fact for purposes of executing, acknowledging, delivering or filing Forms 3, 4 or 5 (including amendments
      thereto), Form ID or Update Passphrase Form and agrees to reimburse the Company and such attorney-in-fact for any legal or other expenses reasonably incurred in connection with investigating or defending against any such loss, claim, damage,
      liability or action.</div>
    <div style="text-align: justify; text-indent: 36pt; margin-bottom: 12pt;">This Power of Attorney supersedes any power of attorney previously executed by the undersigned regarding the
      purposes outlined in the first paragraph hereof <font style="font-weight: bold; font-style: italic;">(&#8220;Prior Powers of Attorney&#8221;), </font>and the authority of the attorney-in-fact named
      in any Prior Powers of Attorney is hereby revoked.</div>
    <div style="text-align: justify; text-indent: 36pt; margin-bottom: 12pt;">This Power of Attorney shall remain in full force and effect until the undersigned is no longer required to file
      Forms 3, 4 or 5 with respect to the undersigned&#8217;s holdings of and transactions in securities issued by the Company, unless earlier (a) revoked by the undersigned in a signed writing delivered to the foregoing attorney-in-fact or (b) superseded by a
      new power of attorney regarding the purposes outlined in the first paragraph hereof dated as of a later date.</div>
    <div style="text-align: justify; text-indent: 36pt; margin-bottom: 36pt;">IN WITNESS WHEREOF, the undersigned has caused this Power of Attorney to be executed as of this 7<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">th</sup> day
      of August 2023.</div>
    <div style="margin-left: 319.5pt;"><u>/s/ Daniel Kapostasy</u></div>
    <div style="text-align: center; margin-left: 216pt; font-weight: bold;">Daniel Kapostasy</div>
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</SEC-DOCUMENT>
