Mercenary Geologist Sponsors and Disclosure



  Energy Fuels Inc (UUUU. MKT; EFR.T) is the United States' only conventional and in-situ recovery uranium miner and accounts for about 25% of annual domestic production. Its mines, operations, and properties are located in Arizona, Colorado, New Mexico, Utah, and Wyoming.

  Uranium Resources Inc. (URRE.NASDAQ; URI.ASX) is a uranium development company with in-situ recovery projects in New Mexico, South Texas, and Turkey. Its main focus is the near-term development of the Temrezli ISR mine in Central Turkey.
Mercenary, LLC provides analysis of certain companies (Sponsor Companies) featured in the reports, commentaries, interviews and other content appearing on its websites. Sponsor Companies have entered into agreements to pay Mercenary, LLC website sponsorship fees. The companies and compensation are listed herein (U.S. Dollars): Energy Fuels Inc. and Uranium Resources Inc. pay $4000 per month.

As of 11/17/15 Michael S. Fulp personally owns shares in the following companies: Energy Fuels Inc. and Uranium Resources Inc. Sponsor Companies may pay for or reimburse expenses incurred by Michael S. Fulp, dba Consulting Geologist, for project site visits, translation services, and other incidental costs.

Therefore, there is an inherent conflict of interest that may influence the perspective of Mercenary, LLC and Michael S. Fulp and provide an incentive for publishing favorable information with regard to a Sponsor Company.

Mercenary, LLC and Michael S. Fulp, dba Consulting Geologist, do not receive and will not accept stock options of Sponsor Companies.

Effective Date: 11/17/15.

Mercenary, LLC is not registered as a securities broker-dealer nor investment adviser with the U.S. Securities and Exchange Commission or any state securities regulatory authority. Mercenary, LLC is not registered with any securities commission or securities regulatory in Canada, and relies upon an exemption from the registration requirements in Canada under National Instrument 31-103 Registration Requirements and Exemptions. This exemption is available to a person or company that acts as an adviser if the advice the person or company provides does not purport to be tailored to the needs of the person or company receiving the advice. Mercenary, LLC is not responsible for trades executed by users to the services based on the information included in a report, commentary, websites, interview, and other content from Mercenary, LLC. The information contained therein does not represent individual investment advice or a recommendation to buy or sell securities or any financial instrument nor is it intended as an endorsement of any security or other investment. Furthermore, the information does not constitute an offer or solicitation to buy or sell any securities or individualized investment advice.

Any information contained in the website represents Mercenary, LLC opinions, and should not be construed as personalized investment advice. Mercenary, LLC cannot assess, verify or guarantee the suitability of any particular investment to any particular situation and the recipient of the report, commentary, websites, interviews, and other content bears complete responsibility for its own investment research and should seek the advice of a qualified investment professional that provides individualized advice prior to making any investment decisions. All opinions expressed and information and data provided therein are subject to change without notice. The information may come outdated and there is no obligation to update such information. Michael S. Fulp may have positions in, and may, from time-to-time make purchases or sales of the securities discussed or mentioned in the report, commentary, websites, interview, and other content, Mercenary, LLC does not make any representations as to the accuracy, timeliness, suitability, completeness, or relevance of any information prepared by any unaffiliated third party, whether linked to Mercenary, LLC websites or incorporated herein, and takes no responsibility therefore.

The foregoing discussion contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 (the “Act”) and forward-looking information within the meaning of applicable Canadian securities legislation. In particular, when used in the preceding discussion, the words “plan,” “confident that, “scheduled,” “expect,” or “intend to,” and similar conditional expressions are intended to identify forward-looking statements subject to the safe harbor created by the Act and forward-looking information. Such statements are subject to certain risks and uncertainties and actual results could differ materially from those expressed in any of the forward-looking statements and forward-looking information. Such risks and uncertainties include, but are not limited to, future events and the financial performance of the certain Companies which are inherently uncertain and actual events and/or results may differ materially. Factors that could affect performance include, but are not limited to, those factors that are discussed in such companies’ most recent reports or registration statements filed with the SEC on EDGAR and with applicable securities commissions in Canada on Sedar.

Third party statements contained herein and information contained in any source cited herein are not endorsed by or adopted by Mercenary, LLC, nor has their accuracy been verified by Mercenary, LLC.


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