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Energy Fuels Inc.

09:54 AM EST - Energy Fuels Inc. : announced that, as part of its continuing cost reduction and asset rationalization strategy, it has entered into definitive agreements to sell certain of its non-core uranium assets to a private investor group led by Baobab Asset Management LLC and George Glasier, the past president of the Company who served from its founding in 2006 until March of 2010. The assets in the transaction include the Piñon Ridge mill license and related assets and certain other mining assets located along the Colorado-Utah border, including the Sunday Complex, the Willhunt project, the San Rafael project, the Sage mine, the Van 4 mine, the Farmer Girl project, the Dunn project and the Yellow Cat project. Energy Fuels Inc. shares T.EFR are trading up $0.16 at $8.43.