enCore Energy Appoints Director of Technical Services NYSE American:EU
enCore Energy Appoints Director of Technical
Services
NYSE American:EU
TSXV:EU
DALLAS
,
June 29, 2023
/CNW/ -
enCore Energy Corp.
("
enCore
" or the "
Company
") (NYSE American: EU)
(TSXV: EU) announced today 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 (ISR) processing. Mr. McCoig is responsible for
engineering and technical support on all projects within the Company's production pipeline.
Mr. Dain McCoig, PE Director of Technical Services
Mr. McCoig began his career in 2004 as the Plant Engineer for Uranium Resources Inc. (URI) at the Kingsville
Dome ISR Uranium Central Processing Plant (CPP) in
South Texas
, now owned by enCore Energy. As URI's Plant
Superintendent, Senior Engineer, Manager of Operations and Vice President, Operations, Mr. McCoig worked on
URI's
South Texas
and
New Mexico
projects. He was involved in all aspects of the uranium extraction process,
including design, construction, operations and reclamation. Mr. McCoig oversaw the startup of the Rosita CPP
(now owned by enCore Energy), the Kingsville CPP and the Vasquez project. He most recently served as Vice
President of Operations during the construction of a graphite facility in
Alabama
before returning to the uranium
extraction industry. Mr. McCoig has a BSc in engineering from the
Colorado School of Mines
and is a licensed
professional engineer in the state of
Texas
.
Paul Goranson
, Chief Executive Officer, stated: "I am pleased to work with Dain again, a welcome addition to the
strong technical team at enCore. His knowledge and previous experience at our processing plants is invaluable.
An experienced team is our best asset as we simultaneously push the Rosita CPP and Alta Mesa CPP back into
production."
South Dakota Mineral Industries Association
enCore congratulates Mr.
Jon Winter
, enCore's Permitting and Regulatory Affairs Manager, recently appointed as
a Director of the Board of the South Dakota Mineral Industries Association (SDMIS). Find out more about the
SDMIA here:
https://sdmineralindustries.org/
About enCore Energy Corp.
enCore Energy Corp., America's Clean Energy Company™, is committed to providing clean, reliable, and
affordable domestic nuclear energy by becoming the next
United States
uranium producer in 2023. enCore solely
utilizes In-Situ Recovery (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 non-invasive process using natural groundwater
and oxygen, coupled with a proven ion exchange process, to recover the uranium. Uranium production is planned at
enCore's licensed and past-producing South Texas Rosita Processing Plant in 2023, and at its licensed and past-
producing South Texas Alta Mesa Processing Plant in 2024.
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. 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 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.
Neither the NYSE American nor the TSX Venture Exchange or 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.
Cautionary Note Regarding Forward-Looking Statements:
Certain information contained in this news release, including any statements regarding future expectations, beliefs,
goals or prospects, may constitute "forward-looking information" within the meaning of applicable Canadian
securities laws and "forward-looking statements" within the meaning of the United States Securities Act of 1933,
as amended, and the United States Securities Exchange Act of 1934, as amended (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. All
such forward-looking statements are subject to important risk factors and uncertainties, many of which are beyond
the company's ability to control or predict. 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; the ability of enCore to implement its business strategies; and other
risks. A number of important factors could cause actual results or events to differ materially from those indicated
or implied by such forward-looking statements, including without limitation exploration and development risks,
changes in commodity prices, access to skilled mining personnel, the results of exploration and development
activities; production risks; uninsured risks; regulatory risks; defects in title; the availability of materials and
equipment, timeliness of government approvals and unanticipated environmental impacts on operations; risks
posed by the economic and political environments in which the Company operates and intends to operate;
increased competition; assumptions regarding market trends and the expected demand and desires for the
Company's products and proposed products; reliance on industry equipment manufacturers, suppliers and others;
the failure to adequately protect intellectual property; the failure to adequately manage future growth; adverse
market conditions, the failure to satisfy ongoing regulatory requirements and factors relating to forward looking
statements listed above which include risks as disclosed in the Company's annual information form filings. Should
one or more of these risks materialize, or should assumptions underlying the forward-looking statements prove
incorrect, actual results may vary materially from those described herein as intended, planned, anticipated,
believed, estimated or expected. 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
. Forward-looking statements are provided for the purpose of providing information about the
current expectations, beliefs and plans of management. Such statements may not be appropriate for other
purposes and readers should not place undue reliance on these forward-looking statements, that speak only as of
the date hereof, as there can be no assurance that the plans, intentions or expectations upon which they are
based 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 29-JUN-23