05:28:35 EDT Fri 09 May 2025
Enter Symbol
or Name
USA
CA



Energy Fuels Inc
Symbol EFR
Shares Issued 100,592,369
Close 2011-03-15 C$ 0.46
Market Cap C$ 46,272,490
Recent Sedar Documents

FP says Energy Fuels, others have uncertain financings

2011-03-16 09:27 ET - In the News

Also In the News (C-DML) Denison Mines Corp
Also In the News (C-KIV) Kivalliq Energy Corp
Also In the News (C-YEL) Macusani Yellowcake Inc

The Financial Post reports in its Wednesday, March 16, edition that uranium plays Energy Fuels, Kivalliq Energy and Macusani Yellowcake are trading below where they were when they announced plans to raise money. The Post's Peter Koven writes that the three companies filed their prospectuses in the days before uranium stocks melted down. Mr. Koven says there is now uncertainty over whether they will be able to close their deals, and if they will have other financing opportunities anytime soon. Energy Fuels says its financing has not closed and that it is evaluating the situation "almost hourly." Senior uranium producer Denison Mines closed a bought-deal financing on Tuesday, raising $65-million. When Denison said Tuesday it successfully sold 18.3 million shares at a price of $3.55 each, it raised a few eyebrows because the stock is now worth $2.34. In a bought deal, investment banks buy the stock and then place it with institutional clients. The Denison deal involved five banks, with GMP Securities, Cormark Securities and Scotia Capital leading the way. There is speculation some of the institutions in the financing could have shorted Denison stock to protect themselves.

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