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July 17, 2014
09:25 EDTBTCS, BTCS, LTTC, LTTC, ICLD, ICLD, QFOR, QFOR, PFIE, PFIE, UUUU, UUUU, ROIL, ROIL, GLYE, GLYE, EXEO, EXEORedChip Companies to hold a virtual conference
Global Online CEO Conference to be held on July 16-17 with webcasted presentations to begin on July 17 at 9:30 am. Webcast Link
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February 17, 2015
07:34 EDTUUUUEnergy Fuels acquires 50% interest in Arizona project
Energy Fuels announced that, through its wholly-owned subsidiary EFR Arizona Strip LLC, the company has acquired a 50% interest in the high-grade Wate uranium deposit from VANE Minerals. The Wate Project is held in the Wate Mining Company, LLC joint venture. The other 50% of the LLC continues to be owned by Uranium One Americas, Inc. As consideration for the 50% interest in the LLC, Energy Fuels paid $250,000 cash to VANE at closing, along with a $500,000 non-interest-bearing promissory note, payable in two equal installments of $250,000 on each of the first and second anniversaries of the note, and a 2% production royalty on the 50% LLC interest being acquired. The royalty can be purchased by Energy Fuels upon payment to VANE of an additional $750,000, less any royalties previously paid. In addition, upon the LLC meeting certain permitting milestones and other conditions, the amounts due under the note will be accelerated, and the company will pay an additional $250,000 cash to VANE. If Energy Fuels elects not to make the payments under the note, it will be required to transfer its interest in the LLC back to VANE.
February 12, 2015
16:34 EDTPFIEProfire Energy lowers FY15 revenue guidance to $48.5M-$50M from $57M-$59M
Consensus $53.94M. Lowers FY15 net income guidance to $5.5M-$6.6M from $8M-$9.5M.
16:32 EDTPFIEProfire Energy reports Q3 EPS 4c, consensus 4c
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