Board of Directors

William M. Sheriff, MSc

Executive Chairman & Chair, Investment Committee

Paul Goranson, MSc, PE

Director, Chief Executive Officer & Chair, Disclosure Committee

Dr. Dennis Stover, PhD

Director

Richard M. Cherry, MSc, PE

Director & Chair, Health, Safety and Environmental Committee

Mark Pelizza, MSc, CPG

Lead Director & Chair, Compensation Committee

William B. Harris, MBA

Director & Chair, Audit Committee

Susan Hoxie-Key, MSc, PE

Director & Chair, Governance and Nominating Committee

Paul Goranson, MSc, PE

Director, Chief Executive Officer & Chair, Disclosure Committee

Paul Goranson, Msc, PE

Director, Chief Executive Officer & Chair, Disclosure Committee

Mr. Goranson, through his 30+ year career, has taken the initial work in the field of in-situ recovery (ISR) technology and elevated commercial uranium production to a large scale.

He is an experienced executive with an impressive history in the uranium extraction industry, including building, renovating and operating a number of ISR facilities in the United States, including our Alta Mesa and Rosita ISR projects. Most recently, Mr. Goranson was the Chief Operating Officer for Energy Fuels Resources (USA) Inc., where he was responsible for the operations of the company’s conventional and in-situ recovery uranium projects, including Nichols Ranch and Alta Mesa ISR Projects. Mr. Goranson served as President, Chief Operating Officer and Director for Uranerz, where he was responsible for commissioning, operating and expanding the Nichols Ranch ISR Uranium Project. Mr. Goranson was President, Cameco Resources, the company that operated Cameco, Inc.’s U.S. ISR operations. Also, Mr. Goranson was Vice President of Mesteña Uranium LLC, where he led the construction, startup and operation of the Alta Mesa project which achieved over one million pounds of uranium production per year. His responsibilities included marketing uranium, negotiating long-term uranium supply contracts and spot uranium sales with nuclear utilities . In addition to his experience with conventional and ISR uranium production, Mr. Goranson has extensive experience in uranium markets, Federal and State regulatory affairs and government policy.

Mr. Goranson has recently served as the President of the Uranium Producers of America, and as the President of the Wyoming Mining Association. He has served in leadership positions within the National Mining Association, Texas Mining and Reclamation Association, and the Nuclear Energy Institute. He currently serves on the Board of Brush Country Groundwater Conservation District located in South Texas. Mr. Goranson is a registered Professional Engineer in the State of Texas, and he holds a Master of Science in Environmental Engineering and a Bachelor of Science in Natural Gas Engineering from Texas A&M University-Kingsville and Texas A& I University, respectively.

Board of Directors