enCore Energy Commences Trading on Nasdaq Capital Market
enCore Energy Commences Trading on Nasdaq Capital
Market
NASDAQ:EU
TSXV:EU
www.encoreuranium.com
DALLAS
,
Jan. 2, 2024
/CNW/ -
enCore Energy Corp.
("
enCore
" or the "
Company
") (NASDAQ: EU) (TSXV: EU), a
uranium producer in
the United States
, commences trading on the Nasdaq Capital Market ("Nasdaq") 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 ("TSXV") 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 to growth and shareholder value. We believe this listing
will enhance our visibility, liquidity and broaden our shareholder base as we continue to execute our growth-focused
business strategy."
Known for its rigorous listing criteria and as a hub for innovative and visionary enterprises, the Nasdaq Capital Market
presents enCore Energy with an ideal stage to further demonstrate its leadership as an established domestic uranium
producer to a wider audience. enCore's listing on Nasdaq comes at a time of strong growth in the nuclear energy and
uranium sectors.
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
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.
Cautionary Note Regarding Forward Looking Statements:
Certain information contained in this news release, including: any information relating to the Company being a leading
uranium company, statements regarding future or potential production, 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. 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; 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 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.sedarplus.ca
. 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.
View original content to download multimedia:
https://www.prnewswire.com/news-releases/encore-energy-commences-trading-on-nasdaq-capital-market-302024332.html
SOURCE
enCore Energy Corp.
View original content to download multimedia:
http://www.newswire.ca/en/releases/archive/January2024/02/c6407.html
%SEDAR: 00029787E
For further information:
Please contact: William M. Sheriff, Executive Chairman, 972-333-2214,
[email protected], www.encoreuranium.com
CO: enCore Energy Corp.
CNW 07:00e 02-JAN-24