Energy Fuels (NYSE American: UUUU) (TSX: EFR) Focused on Eliminating Debt, Growing Uranium Inventory

• UUUU has eliminated half of the company’s debt, plans to be debt free by end of 2020
• Company will have estimated $30 million of uranium & vanadium inventory — more if market prices rise — by end of 2020
• Energy Fuels working toward producing rare earth elements in the U.S.

The largest uranium mining company in the United States, Energy Fuels (NYSE American: UUUU) (TSX: EFR) has eliminated one-half of its debt, plans to be debt free by the end of the year, and anticipates having $30 million of inventory value by the close of 2020 (http://ibn.fm/YpNEV). The company holds three of America’s key uranium production centers, including the White Mesa Mill, the only conventional uranium mill currently operating in the United States today.

“The strength of Energy Fuels’ balance sheet is unsurpassed in the global mid- and junior-uranium mining sectors today, including decreasing debt loads and increasing values on our product inventories,” said Energy Fuels president and…

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NOTE TO INVESTORS: The latest news and updates relating to UUUU are available in the company’s newsroom at http://ibn.fm/UUUU

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