ENERGY FUELS INC. (TSE:EFR) Files An 8-K Entry into a Material Definitive AgreementItem 1.01. Entry into a Material Definitive Agreement.
On December 29, 2017, the Company entered into Amendment No. 1 to the Sales Agreement (the “Amendment”) with Cantor Fitzgerald & Co. (“Cantor”).
The Amendment amends the Sales Agreement entered into by the Company and Cantor on December 23, 2016, as further described in the Company’s Form 8-K filed with the United States Securities and Exchange Commission on December 23, 2016.
to the Sales Agreement, as amended by the Amendment (the “Amended Sales Agreement”), the Company may sell from time to time, at its option, the Company’s common shares, through Cantor, as sales agent. to the Amended Sales Agreement, sales of the common shares, if any, will be made under the Company’s previously filed and effective Registration Statement on Form S-3 (File No. 333-210782), by any method that is deemed to be an “at the market offering” as defined in Rule 415(a)(4) under the Securities Act of 1933, as amended (the “Securities Act”).
The Amendment is attached to this Current Report on Form 8-K as Exhibit 1.1 and is incorporated herein by reference. The foregoing description of the material terms of the Amendment does not purport to be complete and is qualified in its entirety by reference to the exhibit attached hereto.
This Current Report on Form 8-K shall not constitute an offer to sell or the solicitation of an offer to buy the common shares discussed herein, nor shall there be any offer, solicitation, or sale of the common shares in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction.
Item 8.01. Other Events.
In connection with entering into the Amendment, the Company filed a prospectus supplement to its effective U.S. registration statement on Form S-3 in order to renew its ‘at-the-market’ program (“ATM”). to the prospectus supplement, the Company may, at its discretion from time to time, sell up to $30 million of common shares. The Company has raised approximately $14.2 million during 2017 under its current $20 million ATM with another $5.8 million left until completion.
Item 9.01. Exhibits.
ENERGY FUELS INC ExhibitEX-1.1 2 exhibit1-1.htm EXHIBIT 1.1 Energy Fuels Inc.: Exhibit 1.1 – Filed by newsfilecorp.com ENERGY FUELS INC. CONTROLLED EQUITY OFFERINGSM AMENDMENT NO. 1 TO SALES AGREEMENT December 29,…To view the full exhibit click here
About ENERGY FUELS INC. (TSE:EFR)
Energy Fuels Inc. (Energy Fuels) is engaged in conventional and in situ (ISR) uranium extraction and recovery, along with the exploration, permitting and evaluation of uranium properties in the United States. The Company operates through two segments: ISR Uranium and Conventional Uranium. It conducts its ISR activities through its Nichols Ranch Project, located in northeast Wyoming. It conducts its conventional uranium extraction and recovery activities through its White Mesa Mill. It owns the Nichols Ranch Uranium Recovery Facility in Wyoming (the Nichols Ranch Project), which is a uranium recovery facility operating in the United States. In addition, the Company owns the White Mesa Mill in Utah, which is a conventional uranium recovery facility operating in the United States. It also owns uranium and uranium/vanadium properties and projects in various stages of exploration, permitting, and evaluation, as well as fully-permitted uranium and uranium/vanadium projects on standby.