0001385849 2021-01-01 2021-12-31 0001385849 exch:XTSE 2021-01-01 2021-12-31 0001385849 exch:XNYS 2021-01-01 2021-12-31 0001385849 2021-06-30 0001385849 2022-03-10 shares iso4217:USD 0001385849 FY true 10-K/A true 2021-12-31 --12-31 2021 false 001-36204 ENERGY FUELS INC. Z4 98-1067994 225 Union Blvd., Suite 600 Lakewood, CO 80228 303 974-2140 Common Shares, no par value Common Shares, no par value UUUU NYSEAMER No No Yes Yes Large Accelerated Filer false false true false 886200000 156707285 Energy Fuels Inc. (the “Company” or “Energy Fuels”) is filing this Amendment No. 1 (the “Amendment”) to our Annual Report on Form 10-K for the fiscal year ended December 31, 2021, which was filed on March 15, 2022 (the “Form 10-K”), to provide financial statements for Virginia Energy Resources Inc. (“Virginia Energy”), pursuant to Rule 3-09 of Regulation S-X as at December 31, 2021 and 2020 and for the years ended December 31, 2021, 2020 and 2019. Virginia Energy was significant under Rule 3-09 for the year ended December 31, 2021, but not for the years ended December 31, 2020 or 2019. As a result, under Rule 3-09, we have included in this Amendment audited Virginia Energy financial statements as at December 31, 2021 and 2020, and for the years ended December 31, 2021, 2020, and 2019. In accordance with Rule 3-09(b), the financial statements of Virginia Energy are being filed as an amendment to the Form 10-K as Exhibit 99.1 included in Part IV, Item 15 of this filing. Except as otherwise expressly noted, this Amendment does not modify or update in any way (i) the consolidated financial position, the results of operations or cash flows of the Company, or (ii) the disclosures in or exhibits to the Form 10-K; nor does it reflect events occurring after the filing of the Form 10-K. Among other things, forward-looking statements made in the Form 10-K have not been revised to reflect events that occurred or facts that became known to us after the filing of the Form 10-K, and such forward-looking statements should be read in their historical context. Furthermore, this Amendment should be read in conjunction with the Form 10-K and any subsequent filings with the Securities and Exchange Commission. Smythe LLP Vancouver BC 995