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enCore Energy Hosts Grand Opening of the Alta Mesa Uranium Plant with George W. Bush, the 43rd President of the United States

Corporate Updates

enCore Energy Hosts Grand Opening of the Alta Mesa Uranium Plant with

George W. Bush, the 43rd President of the United States

NASDAQ:EU

TSXV:EU

www.encoreuranium.com

DALLAS

,

Oct. 8, 2024

/CNW/ -

enCore Energy Corp.

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

Company

" or "

enCore"

), a uranium producer and America's Clean

Energy Company™, announced today that the Company held a grand opening celebration at its

Alta Mesa

In-Situ Recovery ("ISR") Uranium Central Processing

Plant ("CPP") and Wellfield on

Thursday, October 3

rd

in

South Texas

. The private event, attended by 300 guests, featured a special conversation between

George W. Bush, the 43

rd

President of

the United States

, and

William M. Sheriff

, Executive Chairman of enCore Energy. Guests had the opportunity to hear

about President George W. Bush's time in the White House, the challenges facing our nation in the 21st century, as well as his current work at the George W.

Bush Presidential Center.

The Grand Opening, co-hosted by joint venture partner Boss Energy Ltd (ASX: BOE|OTCQX: BQSSF) ("Boss"), celebrated the restart of the Alta Mesa CPP and

established enCore as the only uranium producer in

the United States

with multiple production facilities in operation. In addition to the private conversation with the

George W. Bush, the 43

rd

President of

the United States

, celebrations included honoring Dr.

Dennis Stover

, PhD, Director of enCore Energy and one of the

original developers of the ISR technology utilized by enCore and Boss, for his 50+ years of commitment to the international uranium industry.

About enCore Energy Corp.

enCore Energy Corp., America's Clean Energy Company™, is committed to providing clean, reliable, and affordable fuel for nuclear energy as the only

United

States

uranium producer with multiple production facilities in operation. The enCore team is led by industry experts with extensive knowledge and experience in all

aspects of In-Situ Recovery ("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.

Following upon enCore's demonstrated production success in

South Texas

, future projects in the production pipeline include the Dewey-Burdock project in

South

Dakota

and the Gas Hills project in

Wyoming

. The Company holds other assets including significant

New Mexico

resources, non-core assets and proprietary

databases. enCore is committed to working with local communities and indigenous governments to create positive impact from corporate developments.

www.encoreuranium.com

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: 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;

the ability of enCore to implement its business strategies; including achieving expected levels of production at Rosita and Alta Mesa in the planned time frame

or at all; 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; litigation risks; 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.

View original content to download multimedia:

https://www.prnewswire.com/news-releases/encore-energy-hosts-grand-opening-of-the-alta-mesa-uranium-plant-with-george-w-bush-the-43rd-president-of-the-united-states-302269580.html

SOURCE

enCore Energy Corp.

View original content to download multimedia:

http://www.newswire.ca/en/releases/archive/October2024/08/c8403.html

%SEDAR: 00029787E

For further information:

For further information please contact: William M. Sheriff, Executive Chairman, 972-333-2214, [email protected]

CO: enCore Energy Corp.

CNW 07:00e 08-OCT-24