Energy Fuels will not withhold on commodity-linked interest payments to qualifying US residents to the extent of the minimum interest payments of 8.5%

Energy Fuels has issued convertible debentures whose interest rate in each semi-annual period is between 8.5% and 13.5% depending on the uranium price.  In the case of US residents entitled to Treaty benefits, Energy Fuels will only be withholding (at 15%) on the amount of the interest payments over the 8.5% minimum.

Neal Armstrong.  See summary of Prospectus for Energy Fuels convertible debenture offering.