X0206 3/A 2018-02-14 2018-02-16 0 0001385849 ENERGY FUELS INC UUUU 0001729857 Tarnowski Matthew C/O ENERGY FUELS INC. 225 UNION BLVD., SUITE 600 LAKEWOOD CO 80228 0 1 0 1 Chief Accounting Officer and Controller Common Shares 56595 D Employee Stock Option (Right to Buy) 6.61 2013-07-15 2018-07-16 Common Shares 2400 D Employee Stock Option (Right to Buy) 6.83 2014-01-23 2019-01-23 Common Shares 2400 D Employee Stock Option (Right to Buy) 4.42 2015-01-28 2020-01-28 Common Shares 5150 D 1. This Form 3/A is filed in order to correct the inadvertent overstatement of shares owned by Reporting Person at the time he became an Insider of Issuer, and to make adjustments to the exercise prices of the 2013 and 2014 grants of stock options to account for a market consolidation in 2015, now reflected in U.S. Dollars. 2. The Non-Derivative securities beneficially owned reflect, in part, grants of restricted stock units which vest as follows: - 2,830 on 1/27/2019; - 4,375 on 1/27/2019, and 4,375 on 1/27/2020; - 17,462 on 1/27/2019, 8,731 on 1/27/2020, and 8,731 on 1/27/2021. 3. For all Derivative securities beneficially owned, the date of grant is reflected above. The options were subject to vesting schedules at the time of grant but were fully vested as of the date of the initial Form 3 Report. 4. The exercise price for the stock option grants in 2013 and 2014 reflect the post-share-consolidation exercise price in U.S. Dollars (originally granted in Canadian Dollars). Matthew J. Tarnowski 2020-01-23