FORM 4
[ X ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).         
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
                                                                                  
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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

Thomas Michael Paul 		2. Issuer Name and Ticker or Trading Symbol

URANERZ ENERGY CORP. [ URZ ] 		5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

_____ Director                      _____ 10% Owner
__ X __ Officer (give title below)      _____ Other (specify below)
VP, Regulatory Affairs
(Last)          (First)          (Middle)

1701 EAST "E" STREET 		3. Date of Earliest Transaction (MM/DD/YYYY)

6/18/2015
(Street)

CASPER, WY 82605
(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)

 
6. Individual or Joint/Group Filing (Check Applicable Line)

_ X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3) 		2. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. Code
(Instr. 8) 		4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5) 		5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4) 		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price

Table II - Derivative Securities Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3) 		2. Conversion or Exercise Price of Derivative Security 3. Trans. Date 3A. Deemed Execution Date, if any 4. Trans. Code
(Instr. 8) 		5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5) 		6. Date Exercisable and Expiration Date 7. Title and Amount of Securities Underlying Derivative Security
(Instr. 3 and 4) 		8. Price of Derivative Security
(Instr. 5) 		9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Option   $3.2   6/18/2015     D         15000   (1)   1/26/2007   1/26/2017   Common stock   15000     (2) 0   D    
Option   $2.64   6/18/2015     D         25000   (1)   1/7/2008   1/7/2018   Common stock   25000     (2) 0   D    
Option   $1.33   6/18/2015     D         15000   (1)   1/5/2010   1/5/2020   Common stock   15000     (2) 0   D    
Option   $3.98   6/18/2015     D         35000   (1)   1/10/2011   1/10/2021   Common stock   35000     (2) 0   D    
Option   $3.21   6/18/2015     D         28000   (1)   4/8/2011   4/8/2021   Common stock   28000     (2) 0   D    
Option   $1.89   6/18/2015     D         57500   (1)   12/12/2011   12/12/2021   Common stock   57500     (2) 0   D    
Option   $1.32   6/18/2015     D         65000   (1)   12/17/2012   12/16/2022   Common stock   65000     (2) 0   D    
Option   $1.13   6/18/2015     D         65000   (1)   12/18/2013   12/17/2023   Common stock   65000     (2) 0   D    
Option   $1.14   6/18/2015     D         45000   (1)   1/17/2015   1/16/2025   Common stock   45000     (2) 0   D    

Explanation of Responses:
( 1)  This transaction reflects the disposition of the securities of the Issuer held by the reporting person pursuant to the Agreement and Plan of Merger dated January 4, 2015, as amended (the "Merger Agreement"), by and among the Issuer, Energy Fuels Inc. (the "Acquirer"), and EFR Nevada Corp. The parties completed the merger on June 18, 2015 (the "Closing Date"), with each share of common stock of the Issuer being exchanged for 0.255 shares of the Acquirer (the "Exchange Ratio").
( 2)  This option, which is fully vested and exercisable, was assumed by the Acquirer and replaced with an option to purchase shares of common stock of the Acquirer. Both the number of shares under the option and the exercise price are adjusted by the Exchange Ratio.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director 10% Owner Officer Other
Thomas Michael Paul
1701 EAST "E" STREET
CASPER, WY 82605

VP, Regulatory Affairs

Signatures
/s/ Michael Paul Thomas 6/26/2015
** Signature of Reporting Person Date


Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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