First Energy Fuels (UUUU) Corporate Media Kit

MEDICAL ISOTOPES FROMTHORIUM ALLIANCE WITH RADTRAN FOR RECOVERY OF ISOTOPES NEEDED FOR NEW CANCER THERAPIES • July 29, 2021: Execution of Strategic Alliance Agreement • RadTran is a Colorado based technology development company focused on closing critical gaps in the procurement of medical isotopes • Initiative will investigate the recovery of isotopes from Energy Fuels’ existing uranium & REE process streams (wastes) • Focus on emerging targeted alpha therapy (TAT) cancer therapeutics • Alpha-Emitting Isotopes in Short Supply • Major pharmaceutical companies studyingTAT & advancing with the FDA (and around the world) • Objective to treat cancer on a cellular level, while minimizing damage to surrounding healthy tissue • Existing methods of production are costly & currently unable to scale-up to meet demand • RadTran technologies are backed by the Pacific Northwest National Laboratory (PNNL, U.S. Dept. of Energy) • Significant potential benefits to Energy Fuels • White Mesa Mill represents a possible solution to the medical supply chain • Existing feed sources (natural monazite & other ores) contain thorium, radium & other needed elements • Potential for significant revenues • Another example of Energy Fuels leveraging our unique & highly specialized capabilities 19