---
schema_version: "secwatch.filing_event.v1"
accession: "0001062993-24-017380"
form_type: "8-K"
ticker: "UUUU"
cik: "0001385849"
company_name: "ENERGY FUELS INC"
filed_at: "2024-10-03T23:59:59+00:00"
generated_at: "2026-05-30T21:22:51.468884+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Energy Fuels completes acquisition of Base Resources for ~$233M total consideration

## Summary
- On Oct 2, 2024, Energy Fuels subsidiary acquired all Base Resources shares; consideration: 0.0260 EFL shares + A$0.065 cash per share.
- Total Share Consideration of ~$178.4M; special dividend ~$55.1M in cash paid to Base shareholders.
- Base Resources FY2024 (June 30) revenue $135.1M, net loss $1.6M, down from $271.4M revenue in FY2023.
- Kwale mine mining expected to end Dec 2024; redundancy provision of $7.7M booked.

## SEC filing metadata
- accession: 0001062993-24-017380
- form_type: 8-K
- ticker: UUUU
- cik: 0001385849
- company_name: ENERGY FUELS INC
- filed_at: 2024-10-03T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1385849/000106299324017380/0001062993-24-017380-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1385849/000106299324017380/form8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001062993-24-017380
- JSON: https://secwatch.observer/filing/0001062993-24-017380.json
- Plain text: https://secwatch.observer/filing/0001062993-24-017380.txt

## Key facts
- M&A Transactions
  ENERGY FUELS INC completed an acquisition involving Base Resources Limited for approximately US$178.4 million (closed 2024-10-02).
  - Action: acquisition
  - Counterparty: Base Resources Limited
  - Consideration: approximately US$178.4 million
  - Closing: 2024-10-02
  source text: and (ii) AUS$0.065 in cash, paid by way of a special dividend by Base Resources to its shareholders. The total Share Consideration issued by Energy Fuels was approximately US$178.4 million and the total special dividend value was approximately US$55.1 million. Holders of ordinary shares of Base Resources that reside in certain jurisdictions will receive the net
  evidence_url: https://www.sec.gov/Archives/edgar/data/1385849/000106299324017380/0001062993-24-017380-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.