Item 1.01. Entry into a Material Definitive Agreement.
On
Under the terms of the Purchase Agreement, on closing the Company will enter
into mineral rights transfer agreements with the Seller to acquire the sixteen
mineral sand concessions (the "Transfer Agreements"). Total consideration under
the Purchase Agreement is
The Transaction is subject to a ninety-day due diligence period and the Company's satisfaction of its due diligence investigations. Closing is expected to occur following the due diligence period. The Purchase Agreement and Transfer Agreements contain other customary terms, representations, warranties, covenants and conditions for a transaction of this nature.
The Purchase Agreement is attached to this Current Report on Form 8-K as Exhibit 10.1 and is incorporated herein by reference. The foregoing description of the material terms of the Purchase Agreement does not purport to be complete and is qualified in its entirety by reference to the exhibit attached hereto.
Item 9.01 Exhibits.
Exhibit Description 10.1# Mineral Rights Purchase Agreement by and between G-4 Esmeralda LTDA andEnergy Fuels Inc. 104 Cover Page Interactive Data File (embedded within the Inline XBRL document)
# Certain schedules and exhibits have been omitted in compliance with Regulation
S-K Item 601(a)(5). The Company agrees to furnish a copy of any omitted schedule
or exhibit to the
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