Energy Fuels Secures $725 Million U.S. Government Commitment and Announces Major Merger

Energy Fuels Inc. has announced a significant strategic acquisition and secured a $725 million commitment from the U.S. government, alongside substantial new financing. The company has obtained a $250 million Senior Secured Term Loan Facility from Goldman Sachs Bank USA. As part of the merger, equityholders of VAC TopCo will gain significant governance rights, including board nomination and veto rights, with unregistered sales of equity securities occurring as part of the merger consideration.