Encore Energy Announces Results of 2022 Annual General Meeting
ENCORE ENERGY ANNOUNCES RESULTS OF 2022
ANNUAL GENERAL MEETING
TSX.V: EU
OTCQB:ENCUF
www.encoreuranium.com
CORPUS CHRISTI, Texas
,
June 23, 2022
/CNW/ -
enCore Energy Corp.
("
enCore
" or the "
Company
") (TSXV: EU)
(OTCQB: ENCUF) announced today the results from the 2022 Annual General Meeting of Shareholders held on
June 22
nd
,
2022. A total of 92,710,149 of common shares were voted in connection with the meeting, representing approximately 28.9%
of the issued and outstanding common shares of the company. Shareholders approved all motions including the re-election of
directors as follows:
William M. Sheriff
,
William B. Harris
,
Mark S. Pelizza
,
Richard M. Cherry
,
Dennis E. Stover
, W.
Paul
Goranson
,
Nathan A. Tewalt
. Shareholders also approved the appointment of auditors and the Company's stock option plan.
Following the vote, the Board approved
Nathan Tewalt's
resignation from the Board of Directors and approved the re-
appointment of
Susan Hoxie-Key
as a director of the Board, all effective immediately. Mr. Tewalt will continue to serve the
Company as the Chair of the Technical Advisory Committee.
About enCore Energy Corp.
enCore Energy is rapidly advancing towards becoming the next producer of American uranium. 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
and Wyoming Gas Hills projects 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.
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
.
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 intended use of the net proceeds of the Offering and the completion of any capital project or property
acquisitions. Forward-looking statements necessarily involve known and unknown risks, including, without limitation, risks
associated with 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.
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%SEDAR: 00029787E
For further information:
William M. Sheriff, Executive Chairman, 972-333-2214, [email protected]
CO: enCore Energy Corp.
CNW 07:00e 23-JUN-22