Nuclear Fuels appoints Rich Munson to its Board of Directors

– CANADA, Vancouver –  Nuclear Fuels Inc. (CSE: NF / OTC: NFUNF) announced the appointment of Rich Munson to its Board of Directors.

About Rich Munson

Rich Munson has been active in the natural resources business for 35+ years, starting as a natural resources lawyer specializing in taxation. Rich moved to the private sector in the mid-1980s when he joined the Energy Fuels companies owned by John Adams. Energy Fuels Nuclear became the largest US uranium producer in the late 1980s and early 1990s. During this time, Energy Fuels was active in both conventional uranium mining and milling, as well as in the exploration and development of In Situ Recovery “Roll front” mineralization. Areas where Energy Fuels operated included the Arizona Strip, the Gas Hills, South Dakota, the Colorado Plateau, and operated the White Mesa Uranium Mill near Blanding, Utah. Rich has been active in multiple jurisdictions and 1999, Rich and John Adams were the co-founders of ETK Inc., owner of the Toroparu Gold – Copper Project in Guyana, S.A., eventually moving the Project to Sandspring Resources, Ltd. The Toroparu Project is one of the largest undeveloped gold deposits in the Americas and is now owned by Aris Mining Corp.

About Nuclear Fuels Inc.

Nuclear Fuels Inc. is committed to aggressive exploration of district-scale In-Situ Recovery uranium projects in proven and prolific jurisdictions. Focused on its priority Kaycee Project, located in Wyoming’s Powder River Basin, our goal is to advance the project onto a path to production. enCore Energy Corp. maintains the right to back-in to 51% ownership by paying the Company 2.5X its exploration expenditures and carrying the project to production (recoverable from production). With existing historic resources through a 26-mile trend, 100 miles of mapped roll-fronts, and 3,700 drill holes, Nuclear Fuels has secured the district under one company’s control for the first time since the early 1980s. Nuclear Fuels also provides a unique model for the development of our other uranium projects and has established a pipeline of future opportunities in known uranium jurisdictions. Our industry leaders work to build America’s uranium resources and provide a domestic fuel for nuclear energy; always on, always available. ISR technology extracts uranium in a non-invasive process through the use of groundwater and oxygen, coupled with a proven ion exchange process, to recover the uranium.

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