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TORONTO, ONTARIO--(Marketwire
- March 11, 2011) - Energy Fuels Inc. (TSX:EFR) ("Energy
Fuels" or the "Company"), an advanced uranium and
vanadium development company, earlier announced that Sheep Mountain
Alliance based in Telluride, Colorado had filed suit in District Court,
City and County of Denver, Colorado, naming the Colorado Department of
Public Health and Environment (CDPHE) as Defendant.
On February 23, 2011, CDPHE filed a Motion to Dismiss Sheep Mountain
Alliance's lawsuit (Sheep Mountain Alliance vs. CDPHE) which challenged
CDPHE's license approval granted on January 5, to Energy Fuels
Resources to construct and operate the Pinon
Ridge uranium mill near Naturita, Colorado.
In its Motion, CDPHE argues that the Denver District Court does not
have jurisdiction to grant Sheep Mountain relief, and that Sheep
Mountain lacks standing to sue the State regarding this license
decision.
Yesterday, Energy Fuels filed its own Motion to Dismiss Sheep Mountain
Alliance's lawsuit. Energy Fuels' Motion joins in the arguments
presented in CDPHE's Motion. It also specifically asks the Court to
dismiss Sheep Mountain's First Claim for Relief, which alleges that
CDPHE issued Energy Fuels' radioactive materials license without
conducting the necessary administrative procedures. Energy Fuels'
Motion to Dismiss argues that Sheep Mountain's interpretation of the
applicable statutes, as set forth in its First Claim for Relief, is
legally incorrect, and that, as a result, the Court must dismiss that
claim.
About Energy Fuels: Energy Fuels Inc. is a uranium and vanadium mineral
development company actively rehabilitating and developing formerly
producing mines. With more than 38,000 acres of highly prospective uranium
and vanadium property located in the states of Colorado, Utah, Arizona,
Wyoming, and New Mexico, and exploration properties in Saskatchewan's
Athabasca Basin totaling approximately 32,000 additional acres, the
Company has a full pipeline of additional development prospects. Energy
Fuels, through its wholly-owned Colorado subsidiary, Energy Fuels
Resources Corporation and its British Columbia subsidiary, Magnum
Uranium Corp., has assembled this property portfolio along with a first
class management team, including highly skilled technical mining and
milling professionals based in Lakewood and Naturita,
Colorado and Kanab, Utah.
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