As Uranium Price Turns, Insiders Stock Up on Energy Fuels

Disclosures from Cantor Fitzgerald, Energy Fuels, March 10, 2017

Potential conflicts of interest: The author of this report is compensated based in part on the overall revenues of CFCC, a portion of which are generated by investment banking activities. CFCC may have had, or seek to have, an investment banking relationship with companies mentioned in this report. CFCC and/or its officers, directors and employees may from time to time acquire, hold or sell securities mentioned herein as principal or agent. Although CFCC makes every effort possible to avoid conflicts of interest, readers should assume that a conflict might exist, and therefore not rely solely on this report when evaluating whether or not to buy or sell the securities of subject companies.

Disclosures as of February 6, 2017:

CFCC has provided investment banking services or received investment banking related compensation from Energy Fuels, within the past 12 months.

The analysts responsible for this research report have, either directly or indirectly, a long or short position in the shares or options of Energy Fuels.

The analyst responsible for this report has visited the material operations of Energy Fuels. No payment or reimbursement was received for the related travel costs. 

Analyst certification: The research analyst whose name appears on this report hereby certifies that the opinions and recommendations expressed herein accurately reflect his personal views about the securities, issuers or industries discussed herein.

Disclosures from ROTH Capital Partners, Energy Fuels Inc., March 10, 2017

Within the last twelve months, ROTH has received compensation for investment banking services from Energy Fuels Inc.

ROTH makes a market in shares of Energy Fuels Inc. and as such, buys and sells from customers on a principal basis.

Shares of Energy Fuels Inc. may not be eligible for sale in one or more states.

Shares of Energy Fuels Inc. may be subject to the Securities and Exchange Commission's Penny Stock Rules, which may set forth sales practice requirements for certain low-priced securities.

Within the last twelve months, ROTH has managed or co-managed a public offering for Energy Fuels Inc.

ROTH Capital Partners, LLC expects to receive or intends to seek compensation for investment banking or other business relationships with the covered companies mentioned in this report in the next three months.

Regulation Analyst Certification ("Reg AC"): The research analyst primarily responsible for the content of this report certifies the following under Reg AC: I hereby certify that all views expressed in this report accurately reflect my personal views about the subject company or companies and its or their securities. I also certify that no part of my compensation was, is or will be, directly or indirectly, related to the specific recommendations or views expressed in this report.

Gold Newsletter, March 2017

 The publisher and its affiliates, officers, directors and owner actively trade in investments discussed in this newsletter. They may have positions in the securities recommended and may increase or decrease such positions without notice. The publisher is not a registered investment advisor. Authors of articles or special reports are sometimes compensated for their services.