Encore Energy Corp (EU)

enCore Energy Announces the Successful Completion of Construction at the Upper Spring Creek ISR Uranium ProjectJune 4, 2026 7:10 AM
PR Newswire (Canada) NASDAQ:EU
TSXV:EU
www.encoreuranium.comDALLAS, June 4, 2026 /CNW/ - enCore Energy Corp. (NASDAQ: EU) (TSXV: EU) (the "Company" or "enCore"), America's Clean Energy Company™, today announced the completion of the first phase of construction on the Upper Spring Creek In-Situ Recovery ("ISR") Uranium Project (the "Project")'s Satellite Remote Ion Exchange ("IX") Plant. Construction of the first production wellfield, which will feed the IX Plant, is also nearing completion and will begin uranium extraction once final permits are received.Highlights of the first phase of the Upper Spring Creek ISR Satellite IX Plant construction include:Largest satellite facility that enCore has ever built.Currently constructed portion of the satellite can process 1,600 gallons per minute (gpm) through the facility. This represents 50% of the satellite's planned flow capacity.The plant's flow capacity is in the process of being doubled. Before the end of June, 75% of the flow capacity is expected to be completed, and the plant is expected to be at 100% capacity by the end of July (3,200 gpm total capacity).The new plant will be capable of producing from the first Upper Spring Creek Project area once connected to the wellfields currently under construction.Drilling activities for the first 800-gpm module are complete, and wellfield infrastructure for this entire module is nearly completed.Drilling and infrastructure activities for three other 800 gpm modules are well underway.  Module 2 drilling activities are ~ 90% complete.William M. Sheriff, Executive Chairman, stated: "This milestone reflects the dedication and teamwork of everyone involved. The Upper Spring Creek Project strengthens the Company's operational capabilities by providing uranium-loaded resin feed for our fully licensed Rosita Central Processing Plant ("CPP"). We look forward to continuing this momentum as we move into the operational phase, which is planned in late 2026 once final permits are received."For Upper Spring Creek photos and maps, please visit: Upper Spring Creek Photos and MapsAbout the Upper Spring Creek ISR ProjectThe 100% Company-owned Project consists of a Satellite IX Plant and wellfield and is a key component of enCore's larger South Texas Uranium Project. This satellite facility will operate in conjunction with multiple future potential production units within the historic Clay West uranium district.The Project was previously held by Signal Equities LLC, which licensed and permitted the property as an ISR uranium project. Key elements of their permit were maintained, including the aquifer exemption. Their work ceased following continued low uranium spot prices. In December 2020, the Company acquired the Project.The uranium-mineralized sands associated with the Project area lie within the Oakville Formation. These historic uranium-producing sands stretch across an area of approximately 120 miles long by approximately 20 miles wide in South Texas.  The saturated uranium-mineralized ore body at the Project typically occurs at depths between 300 and 450 feet below the surface, allowing for efficient and economical uranium recovery with ISR methods.Satellite Ion Exchange ProcessA Satellite IX Plant uses ion-exchange technology that begins with injecting a lixiviant, consisting of groundwater mixed with oxygen, into the wellfield, where it dissolves uranium from underground sandstone. The uranium-bearing water is then pumped to the surface and cycled through the nearby Satellite IX Plant, where uranium is absorbed onto resin beads. The IX resin is then transported to enCore's Rosita CPP, where the uranium is stripped from the resin, and the stripped resin is returned and reused. The water is refortified with oxygen and recycled back into the formation. This 50-year-old process is closely monitored and has been verified by the Texas Commission on Environmental Quality. For more than five decades, it has been proven to be environmentally safe and very efficient to operate.enCore's Satellite IX Plants are located near wellfields and are a key component of the ISR uranium extraction process. These modular, efficient IX Plants have a short installation time, enable cost-effective operation across multiple sites without constructing full CPP facilities at each site, and can be relocated to support additional uranium recovery.Rosita ISR Uranium Central Processing Plant and USC Satellite PlantThe Rosita CPP receives uranium-loaded resin transported from enCore's South Texas Satellite IX Plants. The CPP removes the uranium from the resin and processes it into yellowcake. Once processed, the resin is recycled and transported back to the Satellite IX Plants for reuse.Technical Disclosure and Qualified PersonDain McCoig, P.E., MBA, enCore's Chief Operating Officer, and a Qualified Person under Canadian National Instrument 43-101 and S-K 1300, has reviewed and approved the technical disclosure in this news release on behalf of the Company.About enCore Energy Corp.enCore Energy Corp., America's Clean Energy Company™, is committed to providing clean, reliable, and affordable uranium to fuel the rapidly expanding U.S. nuclear energy needs. enCore's team is led by industry experts with extensive knowledge and experience in all aspects of uranium ISR operations and the nuclear fuel cycle. enCore solely utilizes ISR for uranium extraction, a minimally invasive, eco-friendly, and economically competitive approach to mineral extraction technology co-developed by enCore's leadership.Building on enCore's demonstrated and continuing success in South Texas, future projects in enCore's planned project pipeline include the expansion of Alta Mesa to include the Alta Mesa East property, the Dewey Burdock project in South Dakota, and the Gas Hills project in Wyoming. The Company holds other assets, including non-core assets and proprietary databases. enCore is committed to working with local communities and indigenous governments to create positive impacts from corporate projects.Cautionary Note Regarding Forward-Looking Statements:This press release contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995 and Canadian securities laws that are based on management's current expectations, assumptions, and beliefs. Forward-looking statements can often be identified by such words as "becomes," "expects," "plans," "believes," "intends," "continue," "potential," "remains," and similar expressions or variations (including negative variations) of such words and phrases, or statements that certain actions, events, or results "may," "could," or "will" be taken.Forward-looking statements and information that are not statements of historical fact include, but are not limited to, any information relating to statements regarding future or potential extraction, the Company's prospects, the Company's decisive action plan, and any other statements regarding future expectations, beliefs, goals or prospects, statements regarding the success of current and future ISR operations, including projects in our pipeline, and our commitment to working with local communities and indigenous governments to create a positive impact from corporate projects should be considered forward-looking statements. All such forward-looking statements are not guarantees of future results and forward-looking statements are subject to important risks and uncertainties, many of which are beyond the Company's ability to control or predict, that could cause actual results to differ materially from those expressed in any forward-looking statement, including those described in greater detail in our filings with the SEC and on SEDAR+, particularly those described in our Annual Report on Form 10-K, Quarterly Reports on Form 10-Q, management's discussion and analysis, and annual information form. Forward-looking statements necessarily involve known and unknown risks, including, without limitation, risks associated with assumptions regarding project economics; discount rates; expenditures and the current cost environment; timing and schedule of the projects; general economic conditions; adverse industry events; future legislative and regulatory developments; the ability of enCore to implement its business strategies; and other risks. A number of important factors could cause actual results or events to differ materially from those indicated or implied by such forward-looking statements, including, without limitation, exploration and development risks; changes in commodity prices; access to skilled personnel; the results of exploration and development activities; extraction risks; uninsured risks; regulatory risks; defects in title; the availability of materials and equipment; timeliness of government approvals and unanticipated environmental impacts on operations; litigation risks; risks posed by the economic and political environments in which the Company operates and intends to operate; increased competition; assumptions regarding market trends and the expected demand and desires for the Company's products and proposed products; reliance on industry equipment manufacturers, suppliers and others; the failure to adequately protect intellectual property; the failure to adequately manage future growth; adverse market conditions; the failure to satisfy ongoing regulatory requirements; and factors relating to forward-looking statements listed above. Should one or more of these risks materialize, or should assumptions underlying the forward-looking statements prove incorrect, actual results may vary materially from those described herein as intended, planned, anticipated, believed, estimated, or expected. The Company assumes no obligation to update the information in this press release, except as required by law. Additional information identifying risks and uncertainties is contained in filings by the Company which are available online at www.sec.gov and www.sedarplus.ca. Forward-looking statements are provided for the purpose of providing information about the current expectations, beliefs and plans of management. Such statements may not be appropriate for other purposes and readers should not place undue reliance on these forward-looking statements, that speak only as of the date hereof, as there can be no assurance that the plans, intentions or expectations upon which they are based will occur. Such information, although considered reasonable by management at the time of preparation, may prove to be incorrect and actual results may differ materially from those anticipated. Forward-looking statements contained in this press release are expressly qualified by this cautionary statement.Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this press release. View original content to download multimedia:https://www.prnewswire.com/news-releases/encore-energy-announces-the-successful-completion-of-construction-at-the-upper-spring-creek-isr-uranium-project-302791154.htmlSOURCE enCore Energy Corp. Original: enCore Energy Announces the Successful Completion of Construction at the Upper Spring Creek ISR Uranium Project

enCore Energy Extends Uranium Mineralization 3,700 Feet at Alta Mesa EastJune 1, 2026 10:59 AM
PR Newswire (Canada) NASDAQ: EU
TSXV: EU
www.encoreuranium.comDALLAS, June 1, 2026 /CNW/ - enCore Energy Corp. (NASDAQ: EU) (TSXV: EU) (the "Company" or "enCore"), America's Clean Energy CompanyTM, today shared positive results from initial exploration drilling tests conducted on its Alta Mesa East ("AME") property, which is immediately adjacent to the Alta Mesa wellfields and extraction operations. Exploratory drilling tests are designed to outline mineralization, which will guide the Company's efforts in permitting and expanding In-Situ Recovery ("ISR") operations into the AME from the existing Alta Mesa operations. These initial results have confirmed uranium mineralization extending more than 3,700 feet to the east from the nearest wellfield. William M. Sheriff, Executive Chairman of enCore, said, "Our initial drill results from Alta Mesa East have reconfirmed our expectations of encouraging uranium grades across all major mineralized sand units known to exist at Alta Mesa. Uranium extraction efforts from these sand units at the Alta Mesa wellfields have generated solid results, including current operations at wellfield 7. An aggressive drill program is underway with additional results pending."To view the Alta Mesa Wellfield maps, please visit: Alta Mesa MapsAlta Mesa East Project Drilling UpdateExploration drilling at enCore's 5,900-acre AME Project is well underway and continues to advance with 6 drilling rigs in operation. The AME Project targets the continuation of productive roll fronts from Alta Mesa wellfields 1, 3, 3EXT, 4, 5B, and 7. Overall, exploration efforts are focused on mineralization within the designated B sands, Middle C sands (MCL & MCU in the table), Lower C sands (LCL & LCU in the table), and potentially the D sands in the northeast areas.Initial exploration drilling is typically conducted on 400 and 500 foot centers with closer offsets in mineralized areas.  Seven widely spaced east-west fences of drilling are underway for overall regional characterization.  Drilling is averaging a total depth of approximately 600 feet below the surface. Exploration drilling has discovered mineralization within the Middle C sands at a depth on average between 400 and 460 feet, and within Lower C sands between 480 and 520 feet below surface. The final results are reported for the initial 17 holes, which include six holes ranging from 0.351 to 2.297 Grade Thicknesses ("GT"). GT of 0.3 is considered suitable for inclusion in a wellfield. Of the 17 holes reported, 10 were mineralized. Significant Alta Mesa East Wellfield ResultsDrill Hole
NumberGoliad
Sandstone
HorizonDept (ft)Grade%U3O8Thickness
(ft)Grade
Thickness
(GT)Total
Drill Hole
GT12-9MCL442.00.1182.50.294
12-8MCL429.50.16414.02.297
12-15LCL502.00.1085.00.682
12-7MCU413.00.1587.01.106
12-7LCL500.00.0683.00.2051.31112-21MCU415.00.1524.00.705
12-41MCU415.00.1815.50.995
15-1MCL429.50.0784.50.351
12-6MCU406.00.0362.50.095
12-6LCU494.00.0272.50.0680.163All reported intercepted mineralization lies within the Pliocene Goliad Formation. Holes with less than 2 ft of 0.02% U3O8 are not reported in the table.The Company has identified four saturated (required for ISR) mineralized sandstone horizons within the Pliocene Goliad Formation lying approximately 400 to 520 feet below the surface. The water level is located approximately 180 feet below the surface. ISR recoverable uranium with a Grade Thickness of >0.3 is considered suitable for inclusion in a wellfield.John M. Seeley, Ph.D., P.G., C.P.G., enCore's Vice President of Exploration and Production, and a Qualified Person under Canadian National Instrument 43-101 and U.S. Securities and Exchange Commission S-K 1300, has reviewed and approved the technical disclosure in this news release on behalf of the Company.About enCore Energy Corp.enCore Energy Corp., America's Clean Energy Company™, is committed to providing clean, reliable, and affordable uranium, primarily to fuel the U.S. nuclear energy future. enCore's team is led by industry experts with extensive knowledge and experience in all aspects of uranium ISR operations and the nuclear fuel cycle. enCore solely utilizes ISR for uranium extraction, a minimally intrusive, eco-friendly, and economically competitive approach to mineral extraction technology co-developed by enCore's leadership.Building on enCore's demonstrated success in South Texas, future projects in enCore's planned project pipeline include the expansion of Alta Mesa to include the Alta Mesa East property, the Dewey -Burdock project in South Dakota, and the Gas Hills project in Wyoming. The Company holds other assets, including non-core assets and proprietary databases. enCore is committed to working with local communities and indigenous governments to create positive impacts from corporate projects.Cautionary Note Regarding Forward-Looking Statements:This press release contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995 and Canadian securities laws that are based on management's current expectations, assumptions, and beliefs. Forward-looking statements can often be identified by such words as "becomes," "expects," "plans," "believes," "intends," "continue," "potential," "remains," and similar expressions or variations (including negative variations) of such words and phrases, or statements that certain actions, events, or results "may," "could," or "will" be taken.Forward-looking statements and information that are not statements of historical fact include, but are not limited to, any information relating to statements regarding future or potential extraction, the Company's prospects, the Company's decisive action plan, and any other statements regarding future expectations, beliefs, goals or prospects, statements regarding the success of current and future ISR operations, including projects in our pipeline, and our commitment to working with local communities and indigenous governments to create a positive impact from corporate projects should be considered forward-looking statements. All such forward-looking statements are not guarantees of future results and forward-looking statements are subject to important risks and uncertainties, many of which are beyond the Company's ability to control or predict, that could cause actual results to differ materially from those expressed in any forward-looking statement, including those described in greater detail in our filings with the SEC and on SEDAR+, particularly those described in our Annual Report on Form 10-K, Quarterly Reports on Form 10-Q, management's discussion and analysis, and annual information form. Forward-looking statements necessarily involve known and unknown risks, including, without limitation, risks associated with assumptions regarding project economics; discount rates; expenditures and the current cost environment; timing and schedule of the projects; general economic conditions; adverse industry events; future legislative and regulatory developments; the ability of enCore to implement its business strategies; and other risks. A number of important factors could cause actual results or events to differ materially from those indicated or implied by such forward-looking statements, including, without limitation, exploration and development risks; changes in commodity prices; access to skilled personnel; the results of exploration and development activities; extraction risks; uninsured risks; regulatory risks; defects in title; the availability of materials and equipment; timeliness of government approvals and unanticipated environmental impacts on operations; litigation risks; risks posed by the economic and political environments in which the Company operates and intends to operate; increased competition; assumptions regarding market trends and the expected demand and desires for the Company's products and proposed products; reliance on industry equipment manufacturers, suppliers and others; the failure to adequately protect intellectual property; the failure to adequately manage future growth; adverse market conditions; the failure to satisfy ongoing regulatory requirements; and factors relating to forward-looking statements listed above. Should one or more of these risks materialize, or should assumptions underlying the forward-looking statements prove incorrect, actual results may vary materially from those described herein as intended, planned, anticipated, believed, estimated, or expected. The Company assumes no obligation to update the information in this press release, except as required by law. Additional information identifying risks and uncertainties is contained in filings by the Company which are available online at www.sec.gov and www.sedarplus.ca. Forward-looking statements are provided for the purpose of providing information about the current expectations, beliefs and plans of management. Such statements may not be appropriate for other purposes and readers should not place undue reliance on these forward-looking statements, that speak only as of the date hereof, as there can be no assurance that the plans, intentions or expectations upon which they are based will occur. Such information, although considered reasonable by management at the time of preparation, may prove to be incorrect and actual results may differ materially from those anticipated. Forward-looking statements contained in this press release are expressly qualified by this cautionary statement.Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this press release.SOURCE enCore Energy Corp. Original: enCore Energy Extends Uranium Mineralization 3,700 Feet at Alta Mesa East

L'Organisme canadien de réglementation des investissements permet la reprise de la négociation - EUMay 8, 2026 10:13 AM
PR Newswire (Canada) VANCOUVER, BC, le 8 mai 2026 /CNW/ - Reprise des négociations pour :Société : Encore Energy Corp.Symbole à la Bourse de croissance TSX : EULes titres : NonReprise (HE) : 10 h 00:00L'OCRI peut prendre la décision de suspendre (ou d'arrêter) temporairement les opérations à l'égard d'un titre d'une société cotée en bourse. Les arrêts des opérations sont mis en oeuvre afin d'assurer le bon fonctionnement d'un marché équitable. L'OCRI est l'organisme d'autoréglementation national qui surveille l'ensemble des courtiers en placement et l'ensemble des opérations effectuées sur les marchés des titres de capitaux propres et les marchés des titres de créance au Canada.SOURCE L’Organisme canadien de règlementation des investissements (OCRI) - Arrêts/Reprises Original: L'Organisme canadien de réglementation des investissements permet la reprise de la négociation - EU

Canadian Investment Regulatory Organization Trading Halt - EUMay 8, 2026 10:07 AM
PR Newswire (Canada) VANCOUVER, BC, May 8, 2026 /CNW/ - The following issues have been halted by CIROCompany: Encore Energy Corp.TSX-Venture Symbol: EU All Issues: NoReason: Single Stock Circuit Breaker Halt Time (ET): 9:55:00 AMCIRO can make a decision to impose a temporary suspension (halt) of trading in a security of a publicly-listed company. Trading halts are implemented to ensure a fair and orderly market. CIRO is the national self-regulatory organization which oversees all investment dealers and trading activity on debt and equity marketplaces in Canada.SOURCE Canadian Investment Regulatory Organization (CIRO) – Halts/Resumptions Original: Canadian Investment Regulatory Organization Trading Halt - EU

Canadian Investment Regulatory Organization Trade Resumption - EUMay 8, 2026 10:10 AM
PR Newswire (Canada) VANCOUVER, BC, May 8, 2026 /CNW/ - Trading resumes in:Company: Encore Energy Corp.TSX-Venture Symbol: EUAll Issues: NoResumption (ET): 10:00:00 AMCIRO can make a decision to impose a temporary suspension (halt) of trading in a security of a publicly-listed company. Trading halts are implemented to ensure a fair and orderly market. CIRO is the national self-regulatory organization which oversees all investment dealers and trading activity on debt and equity marketplaces in Canada.SOURCE Canadian Investment Regulatory Organization (CIRO) – Halts/Resumptions Original: Canadian Investment Regulatory Organization Trade Resumption - EU

Suspension de la négociation par l'Organisme canadien de réglementation des investissements - EUMay 8, 2026 10:10 AM
PR Newswire (Canada) VANCOUVER, BC, le 8 mai 2026 /CNW/ - L'OCRI a suspendu la négociation des titres suivants :Société : Encore Energy Corp.Symbole à la Bourse de croissance TSX : EU Les titres : NonMotif : Coupe-circuits pour titre individuelHeure de la suspension (HE) : 09 h 55 L'OCRI peut prendre la décision de suspendre (ou d'arrêter) temporairement les opérations à l'égard d'un titre d'une société cotée en bourse. Les arrêts des opérations sont mis en oeuvre afin d'assurer le bon fonctionnement d'un marché équitable. L'OCRI est l'organisme d'autoréglementation national qui surveille l'ensemble des courtiers en placement et l'ensemble des opérations effectuées sur les marchés des titres de capitaux propres et les marchés des titres de créance au Canada.SOURCE L’Organisme canadien de règlementation des investissements (OCRI) - Arrêts/Reprises Original: Suspension de la négociation par l'Organisme canadien de réglementation des investissements - EU

enCore Energy Appoints Richard Little as Chief Executive Officer; William M. Sheriff Returns as Executive ChairApril 20, 2026 7:00 AM
PR Newswire (US)

NASDAQ:EU
TSXV:EU
www.encoreuranium.comDALLAS, April 20, 2026 /PRNewswire/ - enCore Energy Corp. (NASDAQ: EU) (TSXV: EU) (the "Company" or "enCore"), America's Clean Energy Company™, announced today that the independent members of its Board of Directors have unanimously voted to appoint Richard H. Little as Chief Executive Officer, replacing Robert Willette, effective immediately. Mr. Little will also join the Company's Board of Directors, effective immediately. enCore Founder and former Executive Chair, William M. Sheriff, has agreed to the Board's request for his immediate return as Executive Chair.







The Company will host a Corporate Update conference call on Thursday, April 23rd, 2026 at 11 AM ET. To join please visit: https://app.webinar.net/OlMrE49n2DW.enCore's Board is committed to a program of corporate renewal to recapture the Company's earlier momentum and industry leadership and improve operating performance, as follows:A shareholder-friendly commitment to more fulsome shareholder communications encompassing disclosure of technical information, project developments and strategic objectives;An immediate focus on cost management and efficiency across the organization;Dedicated commitment to securing necessary permits in a more timely manner;Aggressive development of the Company's premier long-life assets; andA renewed commitment to accretive mergers and acquisitions."Achieving our goals takes an intense management focus and strong commitment to a clear vision and path forward." said Mark Pelizza, enCore's Lead Independent Director, "With William Sheriff's proven vision and guidance, combined with Richard Little's strong track record as a seasoned operator who focuses on execution and operational rigor, enCore will be better positioned to deliver a more disciplined approach to maximizing shareholder returns. As Directors, we are committed not only to focusing on our oversight of operations but also on providing shareholders with timely disclosure. We renew our commitment to transparency and superior shareholder communications as our new management works towards the realization of exceptional potential at Dewey Burdock and Alta Mesa East."Chief Executive Officer Rich Little stated "after assessing enCore's current operations and comparing them to my own experience, I believe I can add value by cutting costs and driving efficiencies with the goal of becoming a more profitable and successful organization. The asset base is excellent, but there is room to be more efficient while focusing on all aspects of the business; from exploration and drilling through delivering product to our valued customers. I see a strong growth profile that can be accelerated in the current environment. Disciplined execution, focus on the vision, strengthening operational performance and creating value for shareholders will be my priorities." Mr. Little further noted "the domestic uranium industry continues to experience permitting delays, and enCore is no exception. Timely permitting is critical to achieving production goals and the CEO needs to be personally involved in the permitting effort, helping regulators to expedite our requirements after years of relatively low industry activity levels. Many of these challenges will be resolved in the coming months through the persistent/accelerated efforts of the government agencies in concert with enCore's dedicated staff.""I am honored to return to the position of Executive Chair in conjunction with this transition in corporate leadership," said William Sheriff, enCore's founder. "Rich brings the hands-on operating experience with public companies that enCore needs to lead in the domestic uranium sector. His background in the natural gas industry is exactly what enCore needs to carry us through the challenges of permitting, lowering costs across the board, increasing operational efficiencies and aggressively developing the Company's premier assets--Alta Mesa East and Dewey Burdock." The Company thanks Mr. Willette for his service and wishes him success in future endeavors.Richard H. Little, Chief Executive Officer and DirectorRichard Little brings over 30 years of industry and public company experience primarily focused on enhancing production, well performance, operational efficiency, acquisitions and divestitures. His career in the resource industry highlights a result-oriented management style.Mr. Little previously served as the Chief Executive Officer of Fury Resources, Inc., established to evaluate acquisitions. Prior to this, he served as the Chief Executive Officer of Ajax Resources, LLC where he engineered the sale of substantially all of its assets in the Northern Midland Basin to Diamondback Energy, Inc. for a total consideration of $1.24 billion. Following this transaction, Mr. Little served as Chief Executive Officer of Halcon Resources specifically to negotiate a pre-packaged bankruptcy to clear the company of over $750 million in debt. He then reorganized the company to include a new management and operations team and relisted on the NYSE in February 2020 as Battalion Oil where he served for three years.About enCore Energy Corp.enCore Energy Corp., America's Clean Energy Company™, is committed to providing clean, reliable, and affordable fuel for domestic nuclear energy. The enCore team is led by industry experts with extensive knowledge and experience in all aspects of uranium In-Situ Recovery ("ISR") operations and the nuclear fuel cycle. enCore solely utilizes ISR for uranium extraction, a well-known and proven technology co-developed by the leaders at enCore Energy.Building on enCore's demonstrated success in South Texas, future major projects in enCore's planned project pipeline include the expansion of Alta Mesa to include the Alta Mesa East property, the Dewey Burdock Project in South Dakota and the Gas Hills Project in Wyoming. The Company holds other assets, including non-core assets and proprietary databases. enCore is committed to working with local communities and indigenous governments to create positive impact from corporate projects.www.encoreuranium.comCautionary Note Regarding Forward Looking Statements: Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.This press release contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995 and Canadian securities laws that are based on management's current expectations, assumptions and beliefs. Forward-looking statements can often be identified by such words as "anticipates", "will", "may", "expects", "plans", "believes", "intends", "estimates", "projects", "continue", "potential", and similar expressions or variations (including negative variations) of such words and phrases, or statements that certain actions, events or results "may", "could", or "will" be taken.Forward-looking statements and information that are not statements of historical fact include, but are not limited to, any statements regarding future expectations, beliefs, goals or prospects and statements regarding the management transition and Company operations under new management. All such forward-looking statements are not guarantees of future results and forward-looking statements are subject to important risk factors and uncertainties, many of which are beyond the Company's ability to control or predict, that could cause actual results to differ materially from those expressed in any forward-looking statement.A number of important factors could cause actual results or events to differ materially from those indicated or implied by such forward-looking statements, including the availability of materials and equipment; timeliness of government approvals and unanticipated environmental impacts on operations; litigation risks; risks posed by the economic and political environments in which the Company operates and intends to operate; the failure to adequately manage future growth; adverse market conditions; the failure to satisfy ongoing regulatory requirements and factors relating to forward-looking statements listed above which include risks as disclosed in the Company's filings on SEDAR+ and with the SEC, including its Annual Report on Form 10-K, Quarterly Reports on Form 10-Q, management discussion and analysis and annual information form. Should one or more of these risks materialize, or should assumptions underlying the forward-looking statements prove incorrect, actual results may vary materially from those described herein as intended, planned, anticipated, believed, estimated or expected. The Company assumes no obligation to update the information in this communication, except as required by law. Additional information identifying risks and uncertainties is contained in filings by the Company with the respective securities commissions which are available online at www.sec.gov and www.sedarplus.ca.Forward-looking statements are provided for the purpose of providing information about the current expectations, beliefs and plans of management. Such statements may not be appropriate for other purposes and readers should not place undue reliance on these forward-looking statements, that speak only as of the date hereof, as there can be no assurance that the plans, intentions or expectations upon which they are based will occur. Such information, although considered reasonable by management at the time of preparation, may prove to be incorrect and actual results may differ materially from those anticipated. Forward-looking statements contained in this news release are expressly qualified by this cautionary statement.



View original content to download multimedia:https://www.prnewswire.com/news-releases/encore-energy-appoints-richard-little-as-chief-executive-officer-william-m-sheriff-returns-as-executive-chair-302746858.htmlSOURCE enCore Energy Corp.

Original: enCore Energy Appoints Richard Little as Chief Executive Officer; William M. Sheriff Returns as Executive Chair

enCore Energy Reports Year-End Financial Results, Strengthens Balance Sheet Through Warrant Exercises and Advances Key U.S. Uranium ProjectsMarch 9, 2026 7:00 AM
PR Newswire (US)

NASDAQ:EU
TSXV:EU
www.encoreuranium.comDALLAS, March 9, 2026 /PRNewswire/ - enCore Energy Corp. (NASDAQ: EU) (TSXV: EU) (the "Company" or "enCore"), America's Clean Energy CompanyTM, announced today its financial and operational results for the year ended December 31, 2025."Our year end results underscore the strength of enCore's operational performance," said Rob Willette, Chief Executive Officer of enCore. "Production from our South Texas operations continued to trend upward, with improvements in wellfield efficiency driving strong extraction results. With nearly 700,000 pounds extracted in 2025, and total liquidity of $96 million at year end, including marketable securities, our team continues to execute. Combined with our inclusion of the Dewey-Burdock Project in the federal FAST-41 program, we're solidifying enCore's position as a leading domestic uranium producer supporting America's clean energy future."Highlights for year ended December 31, 2025 include:Net loss per share $(0.30) versus $(0.34) for the year ended December 31, 2024;Sales (delivery) into contracts of approximately 655,000 pounds of uranium ("U3O8") at a price of $65.89 and a weighted average cost of $51.09;U3O8 extraction of 699,807 pounds, an increase of 242% from the year ended December 31, 2024;Closing balance of 132,013 pounds of U3O8 in inventory at a cost of $37.77 per pound;Closing cash and equivalent balance of $52 million with total liquidity of $96 million.February Warrant ExercisesDuring February 2026, holders of previously issued warrants exercised approximately 6.6 million warrants, providing approximately $18.1 million cash to the Company. These proceeds further strengthen enCore's financial position and support ongoing development and construction activities across its portfolio of U.S. in-situ recovery ("ISR") uranium projects. The warrant exercise period has closed, and no further warrants are outstanding.The Company intends to utilize the proceeds to support project development initiatives, including infrastructure and wellfield development in South Texas and continued advancement of permitting and construction planning at its pipeline of projects.Upper Spring Creek Satellite Facility UpdateConstruction activities associated with the Upper Spring Creek Satellite Facility, located within enCore's South Texas ISR production hub, continue to advance. Certain components of the project timeline have been impacted by the timing of regulatory approvals associated with permitting from the Texas Commission on Environmental Quality ("TCEQ").The Company remains actively engaged with TCEQ to finalize the remaining permitting requirements. While regulatory review timelines have extended beyond initial expectations, enCore expects to complete construction activities and commence operation once the remaining approvals are received.In anticipation of permitting delays from TCEQ, the Company contracted in late 2025 additional inventory at favorable terms to fully satisfy 2026 customer delivery obligations.Upper Spring Creek is designed to operate as a satellite facility within the Company's South Texas production network, providing additional operational flexibility and supporting future uranium production growth.Dewey Burdock Project Permitting and Development TimelineAt the Company's Dewey Burdock Project in South Dakota, permitting activities and development planning continue to progress. enCore remains committed to advancing the project through the remaining regulatory steps required prior to construction and operations.The Company continues to work with federal and state regulators to complete the necessary approvals for the project. Based on the current status of the permitting process and development planning, enCore expects construction activities to commence within the next 18 months, following completion of the remaining regulatory milestones.Once developed, Dewey Burdock is expected to become a significant contributor to domestic uranium production and an important component of enCore's long-term production growth strategy.CEO Commentary"enCore continues to make steady progress across our portfolio of U.S. uranium projects as we work to expand domestic production capacity," said Rob Willette, Chief Executive Officer of enCore."The recent warrant exercises reflect ongoing support from our shareholders and further strengthen our balance sheet as we advance key development projects. In South Texas, our team continues to progress construction planning at Upper Spring Creek while working closely with the TCEQ through the final stages of the permitting process, which remains the final roadblock to full production. At Dewey Burdock, we remain focused on advancing the project through the final regulatory milestones so that it can become an important future source of domestic uranium supply."Mr. Willette added, "As the United States continues to recognize the importance of rebuilding a secure domestic nuclear fuel supply chain, enCore believes its portfolio of ISR uranium projects positions the Company to play a meaningful role in helping meet future U.S. clean energy growth."Investor InformationThe Company will timely file its annual Form 10-K by March 31, 2026 with the U.S. Securities and Exchange Commission ("SEC"), which will include the Company's consolidated financial statements, for the year ended, December 31, 2025 and the related notes and financial results. The report will be accessible at www.sec.gov and on enCore's investor relations page at www.encoreuranium.com.About enCore Energy Corp.enCore Energy Corp., America's Clean Energy Company™, is committed to providing clean, reliable, and affordable fuel for nuclear energy as the only United States uranium company with multiple central processing plants in operation. The enCore team is led by industry experts with extensive knowledge and experience in all aspects of ISR uranium operations and the nuclear fuel cycle. enCore solely utilizes ISR for uranium extraction, a well-known and proven technology co-developed by the leaders at enCore Energy.Following upon enCore's demonstrated success in South Texas, future projects in enCore's planned project pipeline include the Dewey-Burdock project in South Dakota and the Gas Hills project in Wyoming. The Company holds other assets including non-core assets and proprietary databases. enCore is committed to working with local communities and indigenous governments to create positive impact from corporate developments.Cautionary Note Regarding Forward Looking Statements:This press release contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995 and Canadian securities laws that are based on management's current expectations, assumptions, and beliefs. Forward-looking statements can often be identified by such words as "becomes," "expects," "plans," "believes," "intends," "continue," "potential," "remains," and similar expressions or variations (including negative variations) of such words and phrases, or statements that certain actions, events or results "may," "could," or "will" be taken.Forward-looking statements and information that are not statements of historical fact include, but are not limited to, any information relating to statements regarding future or potential extraction, and any other statements regarding future expectations, beliefs, goals or prospects, statements regarding the success of current and future ISR operations, including projects in our pipeline, our development plans and permitting expectations, forecasts relating to uranium purchases, our future extraction plans and expectations regarding contributions to domestic uranium production, our intent to utilize proceeds from warrant exercises to support project development initiatives, and our commitment to working with local communities and indigenous governments to create positive impact from corporate developments should be considered forward looking statements. All such forward-looking statements are not guarantees of future results and forward-looking statements are subject to important risks and uncertainties, many of which are beyond the Company's ability to control or predict, that could cause actual results to differ materially from those expressed in any forward looking statement, including those described in greater detail in our filings with the SEC and on SEDAR+, particularly those described in our Annual Report on Form 10-K, Quarterly Reports on Form 10-Q,  and annual information from and MD&A. Forward-looking statements necessarily involve known and unknown risks, including, without limitation, risks associated with assumptions regarding project economics; discount rates; expenditures and the current cost environment; timing and schedule of the projects, general economic conditions; adverse industry events; future legislative and regulatory developments; the ability of enCore to implement its business strategies; and other risks. A number of important factors could cause actual results or events to differ materially from those indicated or implied by such forward-looking statements, including without limitation exploration and development risks, changes in commodity prices, access to skilled personnel, the results of exploration and development activities; extraction risks; uninsured risks; regulatory risks; defects in title; the availability of materials and equipment, timeliness of government approvals and unanticipated environmental impacts on operations; litigation risks; risks posed by the economic and political environments in which the Company operates and intends to operate; increased competition; assumptions regarding market trends and the expected demand and desires for the Company's products and proposed products; reliance on industry equipment manufacturers, suppliers and others; the failure to adequately protect intellectual property; the failure to adequately manage future growth; adverse market conditions, the failure to satisfy ongoing regulatory requirements and factors relating to forward looking statements listed above. Should one or more of these risks materialize, or should assumptions underlying the forward-looking statements prove incorrect, actual results may vary materially from those described herein as intended, planned, anticipated, believed, estimated, or expected. The Company assumes no obligation to update the information in this communication, except as required by law. Additional information identifying risks and uncertainties is contained in filings by the Company with the various securities commissions which are available online at www.sec.gov and www.sedarplus.ca. Forward-looking statements are provided for the purpose of providing information about the current expectations, beliefs and plans of management. Such statements may not be appropriate for other purposes and readers should not place undue reliance on these forward-looking statements, that speak only as of the date hereof, as there can be no assurance that the plans, intentions or expectations upon which they are based will occur. Such information, although considered reasonable by management at the time of preparation, may prove to be incorrect and actual results may differ materially from those anticipated. Forward-looking statements contained in this news release are expressly qualified by this cautionary statement.Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.Non-GAAP Financial MeasuresThis press release contains non-GAAP financial measures. A "non-GAAP financial measure" is defined as a numerical measure of a company's financial performance that excludes or includes amounts so as to be different than the most directly comparable measure calculated and presented in accordance with GAAP in the statements of income, balance sheets or statements of cash flows of the Company. The non-GAAP financial measures used within this press release are total cost of extracted pounds, uranium cost per extracted pound, total cost of extracted inventory and uranium cost per extracted pound in inventory. Total cost of extracted pounds is the cost of sales less the cost of sales of purchased goods, which includes the aggregate purchase price of uranium sourced from purchased uranium. Uranium cost per extracted pound is the total cost of extracted pounds divided by the pounds of uranium extracted during the period. Total cost of extracted inventory is inventory less purchased uranium inventories. Uranium cost per pound of extracted inventory is the total cost of extracted inventory divided by pounds of extracted inventory. We consider the total cost of extracted pounds, uranium cost per extracted pound total cost of extracted inventory and uranium cost per pound of extracted inventory, including allocations of cash and non-cash costs, in evaluating the efficiency and cost-effectiveness of the Company's extraction operations and overall cost structure. The presentation of non-GAAP financial measures should not be considered in isolation or as a substitute for reported results under U.S. GAAP and may not be comparable to similarly titled measures used by other companies.










View original content to download multimedia:https://www.prnewswire.com/news-releases/encore-energy-reports-year-end-financial-results-strengthens-balance-sheet-through-warrant-exercises-and-advances-key-us-uranium-projects-302707766.htmlSOURCE enCore Energy Corp.

Original: enCore Energy Reports Year-End Financial Results, Strengthens Balance Sheet Through Warrant Exercises and Advances Key U.S. Uranium Projects

Canadian Investment Regulatory Organization Trade Resumption - EUMarch 2, 2026 1:03 PM
PR Newswire (Canada)

VANCOUVER, BC, March 2, 2026 /CNW/ - Trading resumes in:Company: Encore Energy Corp. TSX-Venture Symbol: EU All Issues: No Resumption (ET): 12:46:06 PM CIRO can make a decision to impose a temporary suspension (halt) of trading in a security of a publicly-listed company. Trading halts are implemented to ensure a fair and orderly market. CIRO is the national self-regulatory organization which oversees all investment dealers and trading activity on debt and equity marketplaces in Canada.SOURCE Canadian Investment Regulatory Organization (CIRO) – Halts/Resumptions

Original: Canadian Investment Regulatory Organization Trade Resumption - EU

Suspension de la négociation par l'Organisme canadien de réglementation des investissements - EUMarch 2, 2026 1:06 PM
PR Newswire (Canada)

VANCOUVER, BC, le 2 mars 2026 /CNW/ - L'OCRI a suspendu la négociation des titres suivants :Société : Encore Energy Corp.Symbole à la Bourse de croissance TSX : EULes titres : NonMotif : Coupe-circuits pour titre individuelHeure de la suspension (HE) : 12 h 41:06L'OCRI peut prendre la décision de suspendre (ou d'arrêter) temporairement les opérations à l'égard d'un titre d'une société cotée en bourse. Les arrêts des opérations sont mis en oeuvre afin d'assurer le bon fonctionnement d'un marché équitable. L'OCRI est l'organisme d'autoréglementation national qui surveille l'ensemble des courtiers en placement et l'ensemble des opérations effectuées sur les marchés des titres de capitaux propres et les marchés des titres de créance au Canada.SOURCE L’Organisme canadien de règlementation des investissements (OCRI) - Arrêts/Reprises

Original: Suspension de la négociation par l'Organisme canadien de réglementation des investissements - EU

L'Organisme canadien de réglementation des investissements permet la reprise de la négociation - EUMarch 2, 2026 1:08 PM
PR Newswire (Canada)

VANCOUVER, BC, le 2 mars 2026 /CNW/ - Reprise des négociations pour :Société : Encore Energy Corp. Symbole à la Bourse de croissance TSX : EU Les titres : Non Reprise (HE) : 12 h 46:06 L'OCRI peut prendre la décision de suspendre (ou d'arrêter) temporairement les opérations à l'égard d'un titre d'une société cotée en bourse. Les arrêts des opérations sont mis en oeuvre afin d'assurer le bon fonctionnement d'un marché équitable. L'OCRI est l'organisme d'autoréglementation national qui surveille l'ensemble des courtiers en placement et l'ensemble des opérations effectuées sur les marchés des titres de capitaux propres et les marchés des titres de créance au Canada.SOURCE L’Organisme canadien de règlementation des investissements (OCRI) - Arrêts/Reprises

Original: L'Organisme canadien de réglementation des investissements permet la reprise de la négociation - EU

Canadian Investment Regulatory Organization Trading Halt - EUMarch 2, 2026 1:02 PM
PR Newswire (Canada)

VANCOUVER, BC, March 2, 2026 /CNW/ - The following issues have been halted by CIROCompany: Encore Energy Corp.TSX-Venture Symbol: EUAll Issues: NoReason: Single Stock Circuit BreakerHalt Time (ET): 12:41:06 PMCIRO can make a decision to impose a temporary suspension (halt) of trading in a security of a publicly-listed company. Trading halts are implemented to ensure a fair and orderly market. CIRO is the national self-regulatory organization which oversees all investment dealers and trading activity on debt and equity marketplaces in Canada.SOURCE Canadian Investment Regulatory Organization (CIRO) – Halts/Resumptions

Original: Canadian Investment Regulatory Organization Trading Halt - EU

William M. Sheriff Appointed as Executive Chair of Verdera EnergyMarch 2, 2026 7:00 AM
PR Newswire (Canada)

TSX-V:V
www.verderauranium.comVANCOUVER, BC, March 2, 2026 /CNW/ - Verdera Energy Corp. (TSXV: V) ("Verdera" or the "Company") announced today the appointment of Mr. William M. Sheriff as Executive Chair and a Director of Verdera Energy Corp. Mr. Sheriff previously served as Executive Chair of enCore Energy Corp. (NASDAQ: EU) (TSXV: EU) which is the largest shareholder of Verdera Energy Corp.







William M. SheriffMr. Sheriff is an entrepreneur and visionary with over 40 years of experience in the minerals industry and the securities industry. Mr. Sheriff was the founder and Executive Chairman of enCore Energy Corp. where he advanced the company from inception to a uranium producer with a multi-jurisdictional United States asset base. Mr. Sheriff has raised over $600 MM in the public markets and has extensive experience in mergers and acquisitions. A pioneer in the uranium renaissance, he co-founded and served as Chairman of Energy Metals Corp. compiling the largest domestic uranium resource base in U.S. history before the company was sold for $1.8 billion in 2007. Mr. Sheriff also has a significant interest in the gold exploration sector with personal and corporate gold exploration assets across the United States and Canada. Mr. Sheriff holds a B.Sc. degree (Geology) from Fort Lewis College, Colorado and an MSc in Mining Geology from the University of Texas-El Paso. He has compiled one of the largest privately held mining databases in the world, providing affiliated companies with access to proprietary technical information.About Verdera Energy Corp.Verdera Energy Corp. is focused on the development of In-Situ Recovery ("ISR") uranium assets in New Mexico. Led by a team with extensive experience in the uranium and natural resources sector, Verdera is working to meet the growing demand for clean, reliable domestic uranium in the United States. Supported by strategic shareholder enCore Energy Corp. (Nasdaq: EU TSXV: EU), Verdera holds private mineral rights spanning approximately 400 square miles, 88 million pounds of known and historic resources and a significant proprietary uranium database. Verdera is committed to fostering strong community relations and strives to work closely with local communities.www.verderauranium.com Neither the TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this release.Cautionary and Forward-Looking StatementsThis press release contains "forward-looking information" and "forward-looking statements" (collectively, "forward-looking statements") within the meaning of applicable Canadian securities legislation. All statements, other than statements of historical fact, are forward-looking statements and are based on expectations, estimates and projections as at the date of this press release. Any statement that involves discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions, future events or performance (often but not always using phrases such as "expects", or "does not expect", "is expected" "anticipates" or "does not anticipate", "plans", "budget", "scheduled", "forecasts", "estimates", "believes" or intends" or variations of such words and phrases or stating that certain actions, events or results "may" or "could, "would", "might" or "will" be taken to occur or be achieved) are not statements of historical fact and may be forward-looking statements. In this press release, forward-looking statements relate, among other things, the business of Verdera and anticipated trading date. Forward-looking statements are necessarily based upon a number of estimates and assumptions that, while considered reasonable, are subject to known and unknown risks, uncertainties, and other factors that may cause the actual results and future events to differ materially from those expressed or implied by such forward-looking statements. Such factors include, but are not limited to: general business, economic, competitive, political and social uncertainties. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on the forward-looking statements and information contained in this press release. Except as required by law, Verdera assumes no obligation to update the forward-looking statements of beliefs, opinions, projections, or other factors, should they change.



View original content to download multimedia:https://www.prnewswire.com/news-releases/william-m-sheriff-appointed-as-executive-chair-of-verdera-energy-302700499.htmlSOURCE Verdera Energy Corp.

Original: William M. Sheriff Appointed as Executive Chair of Verdera Energy

Verdera Energy Announces Commencement of Trading on the TSX Venture ExchangeFebruary 24, 2026 7:00 AM
PR Newswire (Canada)

TSX-V:V
www.verderauranium.comVANCOUVER, BC, Feb. 24, 2026 /CNW/ - Verdera Energy Corp. (TSXV: V) ("Verdera" or the "Company") announced that effective today, Tuesday, February 24, 2026, the common shares of the Company will commence trading on the TSX Venture Exchange ("TSXV") under ticker symbol "V" and CUSIP number 92339J107.







Janet Lee-Sheriff, Chief Executive Officer, commented "Verdera is honored to be listed on the TSXV, the premier mining exchange. Our listing marks a milestone for Verdera and we are grateful for the support of our shareholders and our team that worked to make this step a reality."About Verdera Energy Corp.Verdera Energy Corp. is focused on the development of In-Situ Recovery ("ISR") uranium assets in New Mexico. Led by a team with extensive experience in the uranium and natural resources sector, Verdera is working to meet the growing demand for clean, reliable domestic uranium in the United States. Supported by strategic shareholder enCore Energy Corp. (Nasdaq: EU TSXV: EU), Verdera holds private mineral rights spanning approximately 400 square miles, known and historic resources and a significant proprietary database. Verdera is committed to fostering strong community relations and strives to work closely with local communities.Neither the TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this release.Cautionary and Forward-Looking StatementsThis press release contains "forward-looking information" and "forward-looking statements" (collectively, "forward-looking statements") within the meaning of applicable Canadian securities legislation. All statements, other than statements of historical fact, are forward-looking statements and are based on expectations, estimates and projections as at the date of this press release. Any statement that involves discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions, future events or performance (often but not always using phrases such as "expects", or "does not expect", "is expected" "anticipates" or "does not anticipate", "plans", "budget", "scheduled", "forecasts", "estimates", "believes" or intends" or variations of such words and phrases or stating that certain actions, events or results "may" or "could, "would", "might" or "will" be taken to occur or be achieved) are not statements of historical fact and may be forward-looking statements. In this press release, forward-looking statements relate, among other things, the business of Verdera and anticipated trading date. Forward-looking statements are necessarily based upon a number of estimates and assumptions that, while considered reasonable, are subject to known and unknown risks, uncertainties, and other factors that may cause the actual results and future events to differ materially from those expressed or implied by such forward-looking statements. Such factors include, but are not limited to: general business, economic, competitive, political and social uncertainties. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on the forward-looking statements and information contained in this press release. Except as required by law, Verdera assumes no obligation to update the forward-looking statements of beliefs, opinions, projections, or other factors, should they change.SOURCE Verdera Energy Corp.

Original: Verdera Energy Announces Commencement of Trading on the TSX Venture Exchange

Hopefully dilution is easing up a bit. Almost 4.3M shares added to the OS between 16Jan and 16Feb updates.

I think there is a delayed reaction to the good news about the fast track.

$EU: Encore Energy.... Domestic Uranium PRODUCTION

Just got mentioned on CNBC....... now at $1.33

Watch it now


https://www.prnewswire.com/news-releases/encore-energy-increases-uranium-extraction-at-alta-mesa-isr-uranium-central-processing-plant-appoints-director-and-site-management-302421781.html

GO $EU

NEWS!

enCore Energy Corp. Completes $15 Million Private Placement Financing
March 09 2021 - 04:38PM
GlobeNewswire Inc.

enCore Energy Corp. (TSXV: EU) (“enCore Energy” or the “Company”) announces that it has completed a private placement of 15,000,000 units of the Company (the “Units”) at a price of $1.00 per Unit for gross proceeds of $15,000,000 (the “Offering”). As part of the Offering, Clarus Securities Inc., Haywood Securities Inc. and PowerOne Capital Markets Limited (collectively, the “Agents”) acted as agents for the issuance of 11,450,000 Units (the “Brokered Offering”).
Concurrently with the Brokered Offering, the Company completed a non-brokered offering of 3,550,000 Units.

Each Unit is comprised of one common share in the capital of the Company (“Common Share”) and one half of one Common Share purchase warrant (each whole warrant a “Warrant”). Each Warrant entitles the holder to purchase one Common Share at an exercise price of $1.30 for 36 months following the closing date of the Offering.

In connection with the Brokered Offering, the Company paid a cash commission to the Agents equal to 6.6201% of the gross proceeds of the Brokered Offering and issued a total of 758,001 broker warrants. Each broker warrant is exercisable into one Unit at a price of $1.00 per Unit for a period of 36 months from the issuance date.

The net proceeds raised from the Offering will be used by the Company for the refurbishment of the Rosita Plant to operational status, completion of ongoing reclamation activities and for general corporate purposes. The securities issued are subject to a hold period which expires on July 10, 2021. The Offering remains subject to final acceptance of the TSX Venture Exchange.

The securities offered have not, nor will they be registered under the United States Securities Act of 1933, as amended, and may not be offered or sold within the United States or to, or for the account or benefit of, U.S. persons in the absence of U.S. registration or an applicable exemption from the U.S. registration requirements. This release does not constitute an offer for sale of securities in the United States.

Just got in today @ $1.14
Holding for 1 year minimum

TSXV:EU Uranium - 1.13