Energy Fuels Inc.

Energy Fuels Inc.

Sector: Uranium-radium-vanadium Ores Region: CO, United States

: | NYSE MKT: UUUU | Toronto Stock Exchange: EFR

America’s premier uranium producer. Energy Fuels is a fully-integrated producer of both uranium and vanadium, with the only operating uranium mill in the United States. Uranium is the fuel for clean, carbon-free electricity. Vanadium is utilized in steel alloys and advanced battery technologies. Built on a foundation of exceptional people dedicated to a culture of responsibility, Energy Fuels is well-positioned to capitalize on the World’s growing demand for nuclear energy. We have a mill, two producing mines, a number of mines on standby, and a diverse portfolio of development projects located in some of the most important uranium districts in the U.S.

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Over the last 33 years Mr. Antony has held increasingly senior positions in both the technical and managerial sectors of the mining industry. He first entered the uranium business with Mobil Oil’s Mining and Mineral group in the mid-1980’s, during which time he developed the reclamation plan for Mobil’s El Mesquite ISL operation in south Texas. He joined Energy Fuels Nuclear, Inc. (EFN) in 1986 as the company was growing to become the largest U3O8 producer in the US, peaking at more than 5 million pounds annually. Mr. Antony served as director of Technical Services for the company where he authored many of the feasibility studies for the expansion of EFN’s highly successful Breccia Pipe Mine projects in the Arizona Strip. Subsequent to his employment with EFN, Mr. Antony held a brief position with Power Resources, Inc (PRI) as Vice President of Business Development. He then consulted to Cameco Corp. on due diligence prior to their acquisition of PRI, which Cameco undertook as part of their strategy to become a significant uranium producer in the US. Mr. Antony was most recently Chief Operating Officer of Energy Fuels, responsible for the daily operations of the Company, including all aspects of uranium property exploration, ore production and mill processing. He was appointed President and CEO on April 1, 2010. Mr. Antony, is a registered professional engineer in a number of States in which the Company holds properties. He is a graduate of the Colorado School of Mines, and holds a Masters of Business Administration (MBA) from the University of Denver.
Mr. Roberts is Chief Operating Officer for Energy Fuels. He was previously the Executive Vice President – U.S. Operations for Denison Mines Corp. Prior to his employment with Denison, Mr. Roberts was the President of Energy Fuels Nuclear, Inc. Throughout his career Mr. Roberts has held various positions related to operations oversight, project development, and permitting of mining operations. Mr. Roberts obtained his Bachelor of Science degree in Civil Engineering from Montana State University in 1975, and is a Registered Professional Engineer in several western States.
Over a 42-year career, Mr. Steele has held a wide range of management positions in both the technical and commercial areas of the mining industry. During 20 years in the coal industry, he worked in engineering and operating roles, both underground and surface, and was Director of Utility Marketing for a large Powder River Basin, Wyoming, coal producer, negotiating fuel supply and transportation contracts with major US utilities. He was also designated a member of the corporate M&A due diligence team. This mining experience was followed by 15 years in the investment management business, and the establishment of Steele Capital Advisors, an advisory firm managing investment portfolios for private clients, and specializing in mineral industry opportunities. Mr. Steele joined Energy Fuels in 2006, and, drawing on his complementary mix of experience, he is responsible for economic and project evaluation, and utility marketing at Energy Fuels. Mr. Steele is a registered professional engineer and an engineering graduate of the Colorado School of Mines. He also holds an MSc. in Mineral Economics from the Colorado School of Mines.
Mr. Moylan is an experienced finance professional and brings to Energy Fuels many years of combined experience across mining, capital markets, finance and accounting in both Canada and the United States. Prior to joining Energy Fuels, Mr. Moylan was a Director with Dundee Capital Markets’ investment banking group for seven years, gaining significant financing and M&A transaction experience within the uranium sector. Prior to joining Dundee Capital Markets, Mr. Moylan was employed by KPMG LLP in their New York and Northern Virginia offices. Mr. Moylan began his career with IBM Canada in their finance group in Toronto. Mr. Moylan is a licensed Certified Public Accountant (Colorado) and has Honours Bachelor of Arts and Master of Management and Professional Accounting degrees from the University of Toronto.
Mr. Frydenlund is Senior Vice President Regulatory Affairs, General Counsel and Corporate Secretary of Energy Fuels. Mr. Frydenlund’s responsibilities include all legal and regulatory matters relating to the Company’s activities. His expertise extends to NRC, EPA, State and Federal regulatory and environmental laws and regulations. From 1997 to July 2012, Mr. Frydenlund was Vice President Regulatory Affairs, 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. 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) where his practice focused on corporate, securities and international mining transactions law. Mr. Frydenlund was also an adjunct professor, corporate law, at the University of British Columbia Faculty of Law from 1990-1994. David holds a bachelors degree from Simon Fraser University, a masters degree from the University of Chicago and a law degree from the University of Toronto.
Mr. Zang is a mining industry financial veteran, with significant finance and accounting experience in large operating mines, as well as extensive experience in public company reporting. He was formerly Vice President and Controller for the copper and molybdenum operations of Cyprus Minerals and Controller for General Moly. Mr. Zang also has approximately ten years of experience in public accounting and was a Senior Manager at Price Waterhouse. In addition to his experience in the mining industry and public accounting, Mr. Zang also has extensive experience in home building, software development and fish farming. He is a Certified Public Accountant in the State of Colorado.

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