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Energy Fuels shares down 10% after announcing deal for Base Resources

TORONTO — Shares of Energy Fuels Inc. were down 10 per cent in late-morning trading after the company announced a deal to buy Base Resources Ltd. The Toronto-listed company says the stock-and-cash deal for the Australian company was valued at about $375 million (Australian). Base Resources' main asset is the Toliara heavy mineral sands project in Madagascar. Under the terms of the proposed agreement, Base Resources shareholders will receive 0.026 of an Energy Fuels common share and 6.5 Australia

Energy Fuels Shares Drop After Accord to Acquire Base Resources for $241.2 Million in Cash, Stock

Energy Fuels shares fell 10% in recent Monday trading after the company agreed to buy Base Resources for AU$375 million in cash and stock to add the Toliara project in Madagascar and boost.

GreenEnergyBreaks — Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR) Enters SID Agreement for Base Resources Transformational Acquisition

Energy Fuels (NYSE:UUUU) Research Coverage Started at B. Riley

Energy Fuels Drops 11%, as it Offers to Acquire Australia-Listed Base Resources for A$375 Million

Energy Fuels shares were last seen down 11% on Monday, a day after the company said it agreed to acquire Australia-listed Base Resources for a total equity value of about A$375 million . The deal.