Acquisitions and Disposals (Tables)

12 Months Ended

Dec. 31, 2015

Business Combinations [Abstract]

Schedule of Fair Value of Assets Acquired and Liabilities Assumed

The following summarizes the preliminary allocation of purchase price to the fair value of assets acquired and liabilities assumed as of the acquisition date (in thousands):

Consideration:
Cash	$	1,497
Issuance of 1,709,724 common shares for replacement of Anatolia Energy shares		14,563
Issuance of 266,742 listed options for replacement of Anatolia Energy listed options		424
Issuance of 310,921 options for replacement of Anatolia Energy options		884
Issuance of 58,286 performance shares to replace Anatolia Energy performance shares		-
	$	17,368

Fair value of net assets acquired:
Assets:
Cash and cash equivalents	$	61
Short-term receivables		64
Prepaid and other current assets		217
Restricted cash		85
Property, plant, equipment and uranium interests		17,992
Total assets		18,419
Liabilities:
Accounts payable and other accrued liabilities		1,051
Total liabilities		1,051
Net assets	$	17,368

Schedule of Pro Forma Financial Information

The unaudited pro forma financial information below represents the combined results of the Company’s operations as if the acquisition had occurred at the beginning of the periods presented. The unaudited pro forma financial information is presented for informational purposes only and is not indicative of the results of operations that would have occurred if the acquisition had taken place at the beginning of the periods presented, nor is it indicative of future operating results.

	For the year ended December 31,
	2015			2014
Net loss		(15,203	)	$	(15,601	)
Basic and diluted loss per share		(5.65	)		(4.08	)

Schedule of Fair Value of Purchase Consideration

The following fair value amounts were recorded as the purchase consideration:

(thousands of dollars)	Fair Value
Cash	$	2,500
Energy Fuels Inc. common stock		293
Churchrock properties		2,123
Lance Royalty		-
Total Consideration Received	$	4,916

Schedule of Asset disposal

The Company recorded the following gain on disposal of uranium properties within its Consolidated Statement of Operations:

(thousands of dollars)
Total Consideration Received	$	4,916
Carrying value of Roca Honda project		648
Gain on disposal of Roca Honda project	$	4,268