enCore Energy Corp. announced that the full outstanding principal amount of a US $20 million convertible promissory note has been converted into common shares of the Company. With the repayment of the Note, enCore has fully eliminated its remaining debt that resulted from the 2023 US $120 million acquisition of the Alta Mesa Project, which was purchased for US $60 million cash and a US $60 million convertible note [...]
enCore Energy announced the appointment of Mr. Robert Willette as Chief Legal Officer. Mr. Robert Willette, Chief Legal Officer Mr. Willette is an accomplished general counsel and business executive with 20+ years of experience managing corporate legal functions for public and privately held entities across a multitude of sectors, including industrial, manufacturing, transportation, oil & gas, and renewables. He brings [...]
enCore Energy provides an update on the Company's South Texas operations which are advancing on schedule and providing exceptional drilling results to support future planned production. Highlights include: The Alta Mesa In-Situ Recovery Uranium Central Processing Plant upgrades and refurbishments are advancing on schedule for the planned early 2024 resumption of uranium production; The Alta Mesa Project wellfield drilling [...]
enCore Energy announced, as required by the TSXV, that the Company issued a total of 7,579,563 common shares, between the period Oct 1, 2023 and December 31, 2023, under the at-the-market controlled equity offering program. The shares were issued through the facilities of TSXV and the NYSE-American at an average share price of US$3.23 per share for gross proceeds of US$24,447,198.91 with a commission of US$611,179.97 paid [...]
enCore Energy commences trading on the Nasdaq Capital Market today. The Company shares will continue to trade under the ticker symbol "EU" on Nasdaq and will continue to trade on the TSX Venture Stock Exchange under the ticker symbol "EU". William M. Sheriff, enCore Energy's Executive Chairman, stated: "This milestone is enCore's first step of 2024 as we work to strengthen our market position and reinforce our commitment [...]
enCore Energy provides the Company's Year End Letter thanking shareholders for their support through a transformational year at America's Clean Energy Company™. With a clear path towards our objective to be a domestic uranium producer in the United States, enCore achieved a successful 2023. Our commitment to the selection and advancement of production-ready projects combined with strategic deployment of capital and [...]
enCore Energy announced the resignation of Ms. Mierkey, Chief Financial Officer effective Dec 23, 2023. Dr. Dennis Stover has agreed to act as Interim CFO until the conclusion of a CFO search. A CFO search committee consisting of Chief Executive Officer Paul Goranson, Executive Chairman William Sheriff and Audit Committee Chair William Harris has been formed and is well advanced in the efforts to select a new CFO. enCore [...]
enCore Energy announced today that it will transfer its stock exchange listing to the Nasdaq Capital Market from the NYSE American LLC. The Company shares will continue to trade under the ticker symbol "EU" with expectations that the listing will commence on the Nasdaq Capital Market on January 2, 2024. The Company shares will continue to trade on the TSX Venture Stock Exchange under the ticker symbol "EU". William M [...]
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 [...]
