enCore Energy Corp. is pleased to announce that it has entered into a Master Transaction Agreement with Boss Energy, which, upon completion, will result in the sale of a 30% ownership interest in enCore's Alta Mesa project to Boss Energy for US$60 million, an investment of US$10 million into enCore common shares by Boss Energy, a loan of up to 200,000 pounds U3O8 for enCore's commercial use over the next year, and the [...]
enCore Energy Corp. today announces the successful startup of uranium production from the South Texas Rosita ISR Uranium Central Processing Plant. The restart of the previously producing Rosita CPP is the first step in enCore's South Texas production pipeline strategy utilizing the In-Situ Recovery production process. The wellfield production patterns are operating, oxygenated water is now circulating through the [...]
enCore Energy provides an update from the South Texas Alta Mesa In-Situ Recovery Uranium Central Processing Plant and Wellfield. Upgrades and refurbishments continue to advance on schedule for the planned 2024 resumption of uranium production1. The Company also announces continuing positive results from the wellfield delineation drill program. Further, planned production for the Rosita CPP continues to advance as [...]
enCore Energy Corp. which expects to be resuming uranium production at its South Texas Rosita ISR Uranium Central Processing Plant before the end of November 2023, today provides an update on the convertible debt originally owed to Energy Fuels Inc. for the acquisition of the Alta Mesa CPP. Since September 26, 2023, the Company has repaid a total of $40,000,000 USD of the $60,000,000 USD principal of the convertible note [...]
enCore Energy Corp. today announced the approval of the renewal of the Radioactive Materials License for enCore's combined South Texas In-Situ Recovery Uranium Central Processing Plants at its Rosita, Kingsville Dome, and Vasquez uranium projects. This renewed License was approved by the Executive Director of the Texas Commission on Environmental Quality following an application submitted in April 2022 and amended in July [...]
Encore Energy, Inc. is a fully integrated oil and natural gas lease owner, well operator, and developer of multiple horizontal well projects targeting the productive Berea Sandstone of Lawrence County, which is the #1 oil producing county in Kentucky. "Oil prices are anticipated to be strong in the near, short and long-term while advancements in horizontal well technology leads the way" There have been over 100 horizontal [...]
enCore Energy Corp. provides an update from the South Texas Rosita In-Situ Recovery Uranium Central Processing Plant and Wellfield. With minor supply chain interruptions and delays successfully resolved, enCore is looking forward to commencing production by the end of November 2023. The Alta Mesa CPP remains on track for production in Q1/2024 with key staffing in place for both facilities. The Company also announces it [...]
enCore Energy Corp. provides an update from the South Texas Alta Mesa In-Situ Recovery Uranium Central Processing Plant and Wellfield. Upgrades and refurbishments continue to advance as planned and on schedule for the 2024 resumption of uranium production1. The Company also announces further positive results from the wellfield delineation drill program and a continuing advancement of the newly discovered mineralized zone [...]
enCore Energy Corp. announced that on July 27th, 2023 the United States Senate voted overwhelmingly to create a Nuclear Fuel Security Program aimed at bolstering U.S. domestic supplies of uranium, the essential fuel for nuclear energy. The bi-partisan Nuclear Fuel Security Act was introduced in February by Senator Barrasso and co-sponsored by Senators Manchin and Risch . The Senate overwhelmingly passed this bipartisan [...]
enCore Energy Corp. announced today the completion of the sale of the Marquez-Juan Tafoya Uranium Project to Anfield Energy Inc. for aggregate consideration of C$5,000,000 payable in cash and 185,000,000 common shares of Anfield. The deemed value of the share consideration at the time of closing is C$9,250,000. A total of C$4,000,000 of the cash payment was received on closing, and a further C$1,000,000 is payable by [...]
enCore Energy Corp. announced today that the Company has received 9,263,800 shares of Nuclear Fuels in exchange for shares of a private BC company which held uranium projects in Wyoming and Arizona. Immediately prior to the acquisition, enCore held 64,000 post-consolidated common shares of Nuclear Fuels. Following the business transaction completion, enCore holds a total of 9,327,800 shares representing approximately [...]
enCore Energy announced that Mr. Dain McCoig has been appointed as the Director of Technical Services effective immediately. Mr. McCoig brings over 15 years of experience at enCore's South Texas plants where he was focused on uranium extraction and In-Situ Recovery processing. Mr. McCoig is responsible for engineering and technical support on all projects within the Company's production pipeline. Mr. Dain McCoig, PE [...]
