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Southern Cross Gold Consolidated Ltd. press release

U-Battery Exhibits Full-Scale Modular Nuclear Reactor Model

TSX - Toronto Stock Exchange · Australia

Last month, Cavendish Nuclear and U-Battery unveiled a full-scale modelof U-Battery’s advanced modular reactor. The event was held at the Whetstone facility, which is located in Leicestershire and owned by Cavendish Nuclear. This full-scale model shows how the reactor can be constructed using modular techniques. The project was financed under the Advanced Manufacturing and Materials Program by the United Kingdom’s Department for Business, Energy and Industrial Energy.

U-Battery general manager Steve Threlfall stated that building a full-scale model allowed the company to ascertain the requirements for the reactor’s concept design and confirm the operational safety case of the nuclear power plant. He also revealed that the company’s objective was to take advantage of the economies of scale utilized in advanced modularization and manufacturing settings and production line assembly techniques to design this new generation of advanced modular reactor technology...

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NOTE TO INVESTORS: The latest news and updates relating to Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR) are available in the company’s newsroom at http://ibn.fm/UUUU

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Earlier from Southern Cross Gold Consolidated Ltd.