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enCore Energy Appoints Corporate Secretary

Management Changes

enCore Energy Appoints Corporate Secretary

NASDAQ:EU

TSXV:EU

www.encoreuranium.com

DALLAS

,

May 15, 2024

/CNW/ -

enCore Energy Corp.

(NASDAQ: EU) (TSXV: EU) (the "

Company

" or

"

enCore"

), America's Clean Energy Company™ and a uranium producer, announced today the

appointment of Ms.

Kristi Caplan

as Corporate Secretary. Ms. Caplan brings over 20 years of experience

in corporate governance, legal operations and risk management.

Ms.

Kristi Caplan

, Corporate Secretary

Ms. Caplan is a highly skilled legal professional with nearly 20 years of experience in corporate

governance and compliance, legal operations, and risk management for multinational public and privately

held companies in the critical infrastructure and mission critical sectors.

She brings subject matter expertise in overseeing and streamlining corporate governance processes and

practices, ensuring statutory and regulatory compliance across jurisdictions, reducing risk, and developing

clear communication channels tailored across governing boards, committees, and leadership teams. She

has extensive experience in domestic and international commercial business and financial transactions and

contract management and negotiation skills.

Ms. Caplan most recently was the Senior Corporate Paralegal and Assistant Corporate Secretary at

Critical Project Services, Integra Mission Critical, and Omni-Threat Structures group of companies

possessing a critical role as legal department lead of the shared services division. She was responsible

for the global entity management ("GEM") of 50+ legal entities across 100 jurisdictions, developed best

practice and risk controls and procedures surrounding upwards of

$4 Billion

in commercial contracts. Ms.

Caplan served as a member of their Business Continuity, ISMS, and

401K

Committees. Ms. Caplan

previously served as the Senior Corporate Paralegal, Governance and Legal Compliance for MIC Global

Services, a shared services division of Macquarie Group's portfolio of infrastructure companies. She

provided GEM for nearly 300 legal entities across 800+ jurisdictions and facilitated approximately

$3

Billion

in credit financing and

$12 Billion

in M&As and divestitures alongside executive and finance

leadership.

Ms. Caplan holds B.A., Law and Policy from the American Jewish University and Master of Public

Administration, Public Sector Management and Leadership from

California State University, Northridge

.

In conjunction with the appointment, the Company granted Ms. Caplan 60,000 company stock options at a

price of

$6.25 CDN

per share; the stock options will vest 25% every 6 months starting in the 6 months

following the initial award date.

About enCore Energy Corp.

enCore Energy Corp., America's Clean Energy Company™, is committed to providing clean, reliable, and

affordable domestic nuclear energy as the newest uranium producer in

the United States

. Uranium

production commenced at enCore's licensed and past-producing South Texas Rosita Central In-Situ

Recovery ("ISR") Uranium Processing Plant ("CPP") in

November 2023

with work underway for a planned

2024 restart of uranium production at its licensed and past-producing South Texas Alta Mesa CPP. 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. In-Situ Recovery extracts

uranium in a wellfield using natural groundwater and oxygen, coupled with a proven ion exchange process,

to recover the uranium.

Future projects in enCore's production pipeline include the Dewey-Burdock project in

South Dakota

and

the Gas Hills project in

Wyoming

, along with significant uranium resource endowments in

New Mexico

providing long term opportunities. enCore diligently works to realize value from other owned assets,

including our proprietary uranium database that includes technical information from many past producing

companies, from our various non-core assets, and by leveraging our ISR expertise in researching

opportunities that support the use of this technology as applied to other metals. enCore is also committed

to working with local communities and indigenous governments to create positive impact from corporate

developments.

www.encoreuranium.com

@enCoreEnergy_EU

Cautionary Note Regarding Forward Looking Statements:

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies

of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Certain information contained in this news release, including statements regarding future or potential

production at the Alta Mesa and pipeline projects, the technical merits of ISR and ion exchange process

for uranium extraction and recovery, and any other statements regarding future expectations, beliefs,

goals or prospects may constitute forward-looking information and forward-looking statements within the

meaning of applicable Canadian and United States securities laws and regulations (collectively,

"forward-looking statements"). All statements in this news release that are not statements of historical

fact (including statements containing the words "expects", "is expected", "does not expect", "plans",

"anticipates", "does not anticipate", "believes", "intends", "estimates", "projects", "potential", "scheduled",

"forecast", "budget" and similar expressions or variations (including negative variations) of such words

and phrases, or statements that certain actions, events or results "may", "could", "would", "might" or

"will" be taken) should be considered forward-looking statements. Forward-looking statements

necessarily involve known and unknown risks, including, without limitation, risks associated with the

demand for uranium, adverse industry events, future legislative and regulatory developments, the ability

of enCore to implement its business strategies including commencement of production at Alta Mesa in

the planned time frames or at all; the expansion of operations to satellite locations, and other risks.

Forward-looking statements are provided for the purpose of providing information about the current

expectations, beliefs and plans of management. Although considered reasonable by management at the

time of preparation, a number of important factors could cause actual results or events to differ

materially from those indicated or implied by such forward-looking statements. 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.sedar.com

.

View original content to download multimedia:

https://www.prnewswire.com/news-releases/encore-energy-appoints-corporate-secretary-302145806.html

SOURCE

enCore Energy Corp.

View original content to download multimedia:

http://www.newswire.ca/en/releases/archive/May2024/15/c3116.html

%SEDAR: 00029787E

For further information:

please contact: William M. Sheriff, Executive Chairman, 972-333-2214,

[email protected]

CO: enCore Energy Corp.

CNW 07:00e 15-MAY-24