Energy Fuels Inc. Files Definitive Proxy Statement (DEF 14A)

TL;DR

<b>Energy Fuels Inc. has filed its Definitive Proxy Statement detailing executive compensation and corporate governance for the upcoming period.</b>

AI Summary

ENERGY FUELS INC (UUUU) filed a Proxy Statement (DEF 14A) with the SEC on April 24, 2024. Energy Fuels Inc. filed a Definitive Proxy Statement (DEF 14A) on April 24, 2024. The filing covers the period ending June 11, 2024. The company's principal executive offices are located at 225 Union Blvd., Suite 600, Lakewood, CO 80228. The filing includes compensation data for Principal Executive Officers and Named Executive Officers for the fiscal years 2020, 2021, and 2022. Specific compensation details include the value of service cost, prior service cost, fair value of stock awards, and aggregate change in value of accumulated benefits under pension and retirement plans.

Why It Matters

For investors and stakeholders tracking ENERGY FUELS INC, this filing contains several important signals. This filing provides shareholders with crucial information regarding executive compensation packages, allowing them to make informed voting decisions on related proposals. The DEF 14A outlines the company's governance practices and executive remuneration, which are key factors for investors assessing management's alignment with shareholder interests.

Risk Assessment

Risk Level: low — ENERGY FUELS INC shows low risk based on this filing. The filing is a routine DEF 14A, providing standard disclosures on executive compensation and corporate governance without immediate material financial events.

Analyst Insight

Review the executive compensation details and any shareholder proposals to understand management's remuneration and potential governance changes.

Key Numbers

• 20240424 — Filing Date (DEF 14A Filing Date)
• 20240611 — Period of Report (DEF 14A Conformed Period of Report)
• 2022 — Fiscal Year End (Compensation Data Fiscal Year)
• 2021 — Compensation Data Fiscal Year (Compensation Data Fiscal Year)
• 2020 — Compensation Data Fiscal Year (Compensation Data Fiscal Year)

Key Players & Entities

• ENERGY FUELS INC (company) — Filer
• 225 UNION BLVD., SUITE 600 (location) — Business Address
• LAKEWOOD (location) — Business Address City
• CO (location) — Business Address State
• 80228 (location) — Business Address Zip

FAQ

Industry Context

Energy Fuels Inc. operates in the mining sector, specifically focusing on nonmetallic minerals, including uranium and vanadium.

Regulatory Implications

The filing is a standard DEF 14A, which is a regulatory requirement for public companies to disclose information related to annual meetings of shareholders, including executive compensation and director nominations.

What Investors Should Do

1. Review the executive compensation tables for named executive officers for fiscal years 2020-2022.
2. Examine any proposals being put forth for shareholder vote at the upcoming annual meeting.
3. Assess the company's stated rationale for executive compensation decisions.

Key Dates

• 2024-04-24: Filing of DEF 14A — Indicates the company is providing updated proxy information to shareholders.

Year-Over-Year Comparison

This is a DEF 14A filing, which typically provides updated information on executive compensation and corporate governance compared to previous filings.

Key Financial Figures

• $333,000 — undation has awarded 18 grants totaling $333,000, of which $251,070 has been put to Amer
• $251,070 — d 18 grants totaling $333,000, of which $251,070 has been put to American Indian initiat
• $18.47 m — to the U.S. Uranium Reserve Program for $18.47 million, as well as an additional 260,000
• $59.42 — ) for a weighted-average sales price of $59.42 per pound. We also continue to seek add
• $12.7 m — h we acquired in 2016 for approximately $12.7 million, to enCore Energy Corp. for total
• $120 million — y Corp. for total consideration of over $120 million. This sale provided us with significant
• $180 million — est in the project by spending up to AUS$180 million (approximately $117 million at current
• $117 million — ng up to AUS$180 million (approximately $117 million at current exchange rates) based on the
• $375 million — total equity value of approximately AUS$375 million. Base Resources' Toliara project in Mad

Filing Documents

• formdef14a.htm (DEF 14A) — 1814KB
• formdef14axz001.jpg (GRAPHIC) — 5KB
• formdef14axz002.jpg (GRAPHIC) — 68KB
• formdef14axz003.jpg (GRAPHIC) — 41KB
• formdef14axz004.jpg (GRAPHIC) — 26KB
• formdef14axz005.jpg (GRAPHIC) — 4KB
• formdef14axz006.jpg (GRAPHIC) — 4KB
• formdef14axz007.jpg (GRAPHIC) — 39KB
• formdef14axz008.jpg (GRAPHIC) — 219KB
• formdef14axz009.jpg (GRAPHIC) — 127KB
• formdef14axz010.jpg (GRAPHIC) — 186KB
• formdef14axz011.jpg (GRAPHIC) — 246KB
• 0001062993-24-008763.txt (&nbsp;) — 5615KB
• efr-20231231.xsd (EX-101.SCH) — 7KB
• efr-20231231_def.xml (EX-101.DEF) — 6KB
• efr-20231231_lab.xml (EX-101.LAB) — 21KB
• efr-20231231_pre.xml (EX-101.PRE) — 6KB
• formdef14a_htm.xml (XML) — 330KB

From the Filing

Energy Fuels Inc.: Form DEF 14A - Filed by newsfilecorp.com UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 SCHEDULE 14A PROXY STATEMENT PURSUANT TO SECTION 14(a) OF THE SECURITIES EXCHANGE ACT OF 1934 (AMENDMENT NO. ___) Filed by the Registrant Filed by a party other than the Registrant Check the appropriate box: Preliminary Proxy Statement Confidential, for use of the Commission Only (as permitted by Rule 14a-6(e)(2)) Definitive Proxy Statement Definitive Additional Materials Soliciting Material Pursuant to 240.14a-12 ENERGY FUELS INC. (Name of Registrant as Specified In Its Charter) Not Applicable (Name of Person(s) Filing Proxy Statement), if other than Registrant) Payment of Filing Fee (Check the appropriate box): No fee required. Fee paid previously with preliminary materials. Fee computed on table in exhibit required by Item 25(b) per Exchange Act Rules 14a-6(i)(1) and 0-11. ENERGY FUELS INC. PROXY STATEMENT April 24, 2024 NOTICE OF ANNUAL AND SPECIAL MEETING OF SHAREHOLDERS TO BE HELD ON TUESDAY, JUNE 11, 2024 LETTER FROM THE INDEPENDENT CHAIR DEAR FELLOW SHAREHOLDERS, On behalf of Energy Fuels' Board of Directors, I am pleased to invite you to the 2024 annual and special meeting of shareholders, to be held on Tuesday, June 11, 2024 by way of a live audio webcast with integrated slides and real-time balloting. Our Proxy Statement, which you will find starting on page 4 , offers useful information regarding this year's items of business, details on how to attend and participate in the virtual meeting and how to cast your vote by proxy or virtually during the meeting. As we had hoped, Energy Fuels continues to make excellent progress in creating a U.S. critical minerals hub for the production of uranium, rare earth elements (" REEs "), vanadium and, potentially, radioisotopes for the development of medical isotopes utilized in targeted alpha therapies (" TAT ") to fight cancer. Energy Fuels has been the largest producer of uranium in the U.S. for the past several years – a status we proudly work to maintain, having ramped up three of our conventional uranium mines back into production since December 2023, with other sites, including our Nichols Ranch in-situ recovery (" ISR ") plant in Wyoming, being prepared to come back into production , as well, if strong market conditions continue as expected. We are also producing advanced rare earth materials in the U.S. while moving further down the rare earth supply chain. We believe our business diversification efforts will serve to protect our shareholders during economic downturns in a given commodity and put us in a unique position to quickly shift our focus to maximize opportunities in the uranium, vanadium and REE industries as they present, all while contributing to our big picture goal of expanding as a U.S.-based critical minerals hub that the western world can rely upon for products that are safely and responsibly produced. We are particularly pleased to share with you our initial successes through the San Juan County Clean Energy Foundation (the "Foundation"). Already, it has made a meaningful impact in the region in Utah where our White Mesa Mill (the "Mill") is located through numerous grants awarded on the recommendations of our community-lead Advisory Board. All Advisory Board members are San Juan County, Utah residents actively engaged in their local communities and well-positioned to direct the Foundation's grants to where they are most needed and will make the largest impacts. As of today, the Foundation has awarded 18 grants totaling $333,000, of which $251,070 has been put to American Indian initiatives. Ultimately, we aim to establish the Mill as a longstanding contributor to the region that fosters opportunity, community and an improved quality of life for local residents, while at the same time flourishing as a critical minerals hub focused on multiple clean energy solutions. All of us at Energy Fuels believe this is a very exciting time for the Company, and we look forward to sharing our developing initiatives with you! WHO WE ARE Energy Fuels responsibly produces several of the raw materials needed for clean energy and advanced technologies, including uranium, REEs and vanadium, and has been the leading U.S. producer of both uranium and vanadium since 2017. In fact, our assets have produced approximately 63% of all U.S. uranium produced from 2017 to-date. Through all our endeavors, we remain dedicated to the production of uranium as our primary product, as it ultimately becomes the fuel for clean, carbon-free nuclear energy, which is critical to meaningfully combating climate change. i Our Mill, the only fully licensed and operating conventional uranium mill in the United States today, is uniquely equipped to accept radioactive ores (such as from local mines, as well as monazite sands from elsewhere in the United States and around the world, which have often

View Full Filing

View this DEF 14A filing on SEC EDGAR