Energy Fuels disclosed a supplemental scheme booklet to ASM detailing a conditional US$725 million financing commitment from the U.S. Office of Strategic Capital and a definitive agreement to acquire VAC.

Key Highlights:

  • Supplemental Scheme Booklet filed with ASIC on July 27, 2026 to update ASM securityholders on Energy Fuels developments.
  • Energy Fuels received a conditional US$725 million financing commitment from the U.S. Office of Strategic Capital.
  • Energy Fuels entered a definitive agreement to acquire 100% of VAC (Vacuumschmelze and related entities).
  • Merger consideration for VAC totals ~US$1.9bn: US$718m cash, ~65.853m Energy Fuels shares and potential preferred shares.
  • Revised ASM scheme timetable: Share and Option meetings set for Aug 12, 2026; implementation expected Aug 28, 2026 if approved.

Original SEC Filing:

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