Encore Begins Trading ON Consolidated Basis Under the Symbol of "Encud" ON the OTC Market; Tsx.v Symbol Remains Unchanged as "EU"
ENCORE BEGINS TRADING ON CONSOLIDATED BASIS UNDER THE
SYMBOL OF "ENCUD" ON THE OTC MARKET; TSX.V SYMBOL REMAINS
UNCHANGED AS "EU"
TSX.V: EU
OTCQB:ENCUD
www.encoreuranium.com
CORPUS CHRISTI, Texas
,
Sept. 14, 2022
/CNW/ -
enCore Energy Corp.
("
enCore
" or the "
Company
") (TSXV: EU) (OTCQB: ENCUD) announces that, as
disclosed in the Company's news release of
September 12, 2022
, the Company's shares commenced trading today on a consolidated basis of one new share for
every three former shares in connection with the Company's application to uplist their shares to the NASDAQ market. The consolidated shares remain trading on
the TSX.V under the symbol 'EU' with consolidated shares trading on the OTC market now trading under the symbol 'ENCUD'.
About enCore Energy Corp.
With approximately 90 million pounds of U
3
O
8
estimated in the measured and indicated categories and 9 million pounds of U
3
O
8
estimated in the inferred
category
1
, enCore is the most diversified in-situ recovery uranium development company in
the United States
. enCore is focused on becoming the next uranium
producer from its licensed and past-producing South Texas Rosita Processing Plant by 2023. The
South Dakota
-based
Dewey Burdock
project and the Wyoming
Gas Hills project offer mid-term production opportunities, with significant
New Mexico
uranium resource endowments providing long-term opportunities. 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 is
committed to engaging and working with local communities and indigenous governments to create positive impact from corporate developments.
1
Mineral resource estimates are based on technical reports prepared in accordance with NI43-101 and available on SEDAR as well as company websites at
www.encoreuranium.com
.
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 RELEASE.
CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS:
Certain information in this news release constitutes forward-looking statements
under applicable securities laws. Any statements that are contained in this news release that are not statements of historical fact may be deemed to be forward-
looking statements. Forward-looking statements are often identified by terms such as "may", "should", "anticipate", "expect", "potential", "believe", "intend" or the
negative of these terms and similar expressions. Forward-looking statements in this news release include, but are not limited to, statements relating to the
prospects of listing on the Nasdaq and associated benefits. Forward-looking statements necessarily involve known and unknown risks, including, without limitation,
risks associated with the completion of the Nasdaq listing process and meeting related listing requirements, in addition to risks related to the advancement of our
business, including general economic conditions; adverse industry events; future legislative and regulatory developments; inability to access additional capital; the
ability of enCore to implement its business strategies; and other risks. Readers are cautioned not to place undue reliance on forward-looking statements as there
can be no assurance that the plans, intentions or expectations upon which they are placed 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.
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SOURCE
enCore Energy Corp.
View original content to download multimedia:
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%SEDAR: 00029787E
For further information:
William M. Sheriff, Executive Chairman, 972-333-2214, [email protected], www.encoreuranium.com
CO: enCore Energy Corp.
CNW 14:28e 14-SEP-22