Energy Fuels Inc. Files Proxy Statement Supplement

TL;DR

Energy Fuels filed proxy docs, no fee. Standard procedure.

AI Summary

Energy Fuels Inc. filed a Definitive Additional Materials (DEFA14A) on May 28, 2024, related to its proxy statement. The filing indicates no fee was required for this submission. The company is involved in mining and quarrying non-metallic minerals, excluding fuels.

Why It Matters

This filing is a routine update to the proxy statement, providing additional materials for shareholders ahead of a meeting. It doesn't contain new financial information but is part of the corporate governance process.

Risk Assessment

Risk Level: low — This filing is a routine administrative document (DEFA14A) and does not contain new material financial information or strategic changes that would inherently increase risk.

Key Players & Entities

• ENERGY FUELS INC (company) — Registrant
• 0001062993-24-011353 (filing_id) — Accession Number
• 20240528 (date) — Filing Date
• 303-974-2140 (phone_number) — Business Phone

FAQ

Filing Documents

• formdefa14a.htm (DEFA14A) — 18KB
• formdefa14ax001.jpg (GRAPHIC) — 4KB
• 0001062993-24-011353.txt ( ) — 24KB

From the Filing

Energy Fuels Inc.: Form DEFA14A - Filed by newsfilecorp.com UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 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 computed on table below per Exchange Act Rules 14a-6(i)(1) and 0-11. Fee paid previously with preliminary materials. SUPPLEMENT TO PROXY STATEMENT FOR THE ANNUAL AND SPECIAL MEETING OF SHAREHOLDERS OF ENERGY FUELS INC. TO BE HELD ON TUESDAY, JUNE 11, 2024 The date of this Supplement is May 28, 2024 On April 24, 2024, Energy Fuels Inc., an Ontario corporation (the " Company "), filed a definitive proxy statement (the " Proxy Statement ") relating to the Company's 2024 Annual and Special Meeting of holders of common shares (the " Meeting "). The Company set June 11, 2024 as the date for the Meeting. The Meeting will be held by way of a live audio webcast at https://web.lumiconnect.com/255057223 using the password "ef2024" (case sensitive) on Tuesday, June 11, 2024 at 10:00 a.m. (Mountain Daylight Time). As previously disclosed, the record date for determining the Company's shareholders entitled to vote at the Meeting was fixed as the close of business on April 22, 2024. The Meeting is being held for the following purposes: 1. to elect Directors of the Company; 2. to appoint the auditors of the Company and to authorize the Directors to fix the remuneration of the auditors; 3. to consider and, if deemed advisable, pass an ordinary resolution amending and extending the Company's Omnibus Equity Incentive Compensation Plan for a further three-year term; and 4. to consider and, if deemed advisable, pass an ordinary resolution ratifying and approving the Company's Shareholder Rights Plan for a three-year term. This supplement (" Supplement ") supplements and amends the information set forth in the Proxy Statement. Capitalized terms not defined in this Supplement have the meanings set forth in the Proxy Statement. We are issuing this Supplement to modify Proposal 3 - Amendment and Extension of Omnibus Equity Incentive Compensation Plan for a Further Three-Year Term (" Proposal 3 ") and Proposal 4 - Ratification and Approval of Shareholder Rights Plan (" Proposal 4 "). Proposal 3 - Amendment and Extension of Omnibus Equity Incentive Compensation Plan After consideration by the board of directors of the Company (the " Board ") in response to recent shareholder feedback, the Company is converting the limit on the number of Common Shares issuable under the Equity Incentive Plan from a rolling limit of 10% of the issued and outstanding Common Shares to a fixed limit of 10,000,000, which represents 6.11% of the issued and outstanding number of Common Shares as of close of business on May 22, 2024. In addition, the amount of full value awards issuable under the Equity Incentive Plan will be limited to 7,500,000, being no more than 75% of the amended Total Share Authorization (as defined below). Furthermore, the Company has clarified that the Board's ability to amend the Equity Incentive Plan in order to increase the Total Share Authorization and the Full Value Share Authorization (as defined below) without notice to Participants is strictly conditioned upon the Company's prior receipt of shareholder approval for such increase. Accordingly, on May 24, 2024, the following amendments to the Equity Incentive Plan were approved by our Board (the " Equity Incentive Plan Amendments "): 1. The following new Section 2.22 is added with the remaining sections of Article 2 (together with all cross-references thereto) renumbered accordingly: 2.22 " Full Value Award " means any Award other than an Option or Stock Appreciation Right or similar Award, the value of which Option, Stock Appreciation Right or similar Award is based solely on an increase in the value of the Shares over the Grant Price, Option Price or similar exercise price applicable to such Award. 1 2. Section 4.1 of the 2024 Plan is amended and restated in its entirety to read as follows: 4.1 Number of Shares Available for Awards . Subject to adjustment as provided in Section 4.2 herein, the number of Shares hereby reserved for issuance to Participants under the Plan shall not exceed 10,000,000 (the "Total Share Authorization"). In addition to being subject to the Total Share Authorization limit, the aggregate number of

View Full Filing

View this DEFA14A filing on SEC EDGAR