| Home : August 2011 : August 23, 2011 News : State of Colorado Approves Energy Fuels' Request to Defer Financial Assurance Payments |
State of Colorado Approves Energy Fuels' Request to Defer Financial Assurance Payments |
August 23, 2011
TORONTO, ONTARIO--(Marketwire - Aug. 23, 2011) - Energy Fuels Inc. (TSX:EFR) ("Energy Fuels" or the "Company") announced today that the Radiation Program of the Colorado Department of Public Health and Environment (CDPHE) has approved a request by the Company to defer its remaining financial assurance payments for the Piñon Ridge Uranium and Vanadium Mill until next construction season. This approval is an amendment to the company's Radioactive Materials License (the "License"). The original payment schedule was based on mill construction starting in September 2011. However, due to ongoing litigation on the License, Energy Fuels will not be able to start construction until at least March 2012.
http://www.marketwire.com/mw/release.do?id=1552812&sourceType=3
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