First Energy Fuels (UUUU) Corporate Media Kit

ACCRETIVE DISPOSITION SELLING PACKAGE OF NON-CORE ASSETS TO UNLOCK VALUE • July 15, 2021: Announced sale of several non-core conventional uranium assets in Utah and Colorado to Consolidated Uranium Inc. (TSXV: CUR) • Tony Mmine, Daneros mine, Rimmine, Sage Plain & several DOE leases + toll-milling agreement atWhite Mesa Mill • High-quality, fully-licensed & partially-developed • Total consideration of up to US$24 million 1 • US$2 million cash at closing (expected by end of 2021) • 19.9% of the outstanding shares of CUR (CUR has US$99 million market cap at Oct 12, 2021) • Cdn$6 million of deferred cash payments (Cdn$3 million at 18- and 36-month anniversaries of closing) • Cdn$5 million of contingent cash tied to achieving commercial production • Additional benefits to Energy Fuels: • Reduced holding & compliance costs • Management agreement to generate some cash & provide continued operational oversight • Potential future revenue from toll milling ore from these mines at theWhite Mesa Mill • Seat on CUR board of directors 22 1 Assuming current exchange rates and all aspects of the Transactions are completed.