BTW the properties they hold were acquired from Energy Fuels in...

BTW the properties they hold were acquired from Energy Fuels in August...

Energy Fuels Inc. (NYSE MKT:UUUU; TSX:EFR) (“Energy Fuels” or the “Company”) is pleased to announce that it has completed the previously announced sale of certain non-core uranium assets to a private investor group led by Baobab Asset Management LLC and George Glasier.  As previously reported, the transaction involved certain mining assets located along the Colorado-Utah border, including the Sunday Mine 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.  As a result of the closing of this transaction, the Company has received cash and other consideration totaling US$1,500,000, plus another US$151,000 of cash to reimburse the Company for certain pre-closing expenses.  In addition, the Company retained a 1% production royalty on all of the properties and expects to receive an additional US$230,000 of cash from the return of collateral from the bonds on the sold properties.  The Piñon Ridge Mill license and related property, included in the previously announced transaction, are expected to close within two months, subject to regulatory approval.

http://www.energyfuels.com/investors/press_releases/index.php?content_id=298