MiningNewsBreaks – Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR) Announces Partial Cash Redemption of Debentures, Proactive Management of Remaining Debt
Energy Fuels (NYSE American: UUUU) (TSX: EFR), the largest uranium mining company in the United States, today announced that it has delivered a notice to the holders of its currently outstanding floating rate convertible unsecured subordinated debentures, due December 31, 2020 (the "Debentures") that pursuant to the terms of the indenture (the "Indenture") governing the Debentures, the Company will redeem on July 14, 2020 (the "Redemption Date") Cdn$10,430,000 principal amount of the Cdn$20,860,000 Debentures outstanding. Per the update, the Debentures are redeemable for an amount equal to 101% plus accrued and unpaid interest, up to but excluding the Redemption Date.…