Law Firm Kirby McInerney LLP Investigating Potential Claims On Behalf Of Uranerz Energy Corporation Stockholders

Kirby McInerney LLP is investigating potential claims against Uranerz Energy Corporation ("Uranerz" or the "Company") (NYSE: URZ) (TSX: URZ) concerning the proposed acquisition of the Company by Energy Fuels Inc. ("Energy Fuels") (NYSE: UUUU) (TSX: EFR). Under the terms of the definitive agreement, Uranerz stockholders will receive 0.255 common shares of Energy Fuels for each share of Uranerz common stock they own, valuing the deal at approximately $1.57 per share.

The investigation concerns whether the Uranerz Board of Directors violated its fiduciary duties by agreeing to the proposed transaction and whether the proposed consideration adequately values the Company's common stock.

If you are a Uranerz stockholder and wish to obtain additional information, please contact J. Brandon Walker, Esq. by email at bwalker@kmllp.com, or telephone at (212) 699-1145, Melissa Fortunato, Esq. by email at mfortunato@kmllp.com, or telephone at (212) 699-1141, or toll free at (888) 529-4787, or by filling out this contact form. There is no cost or obligation to you.

Kirby McInerney LLP is a New York-based law firm concentrating in securities, whistleblower, antitrust and consumer litigation. For additional information, please go to www.kmllp.com.

Copyright Business Wire 2010

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