enCore Energy Publishes 2023 Annual Report to Shareholders
enCore Energy Publishes 2023 Annual Report to
Shareholders
NASDAQ: EU
TSXV: EU
www.encoreuranium.com
DALLAS
,
April 22, 2024
/CNW/ -
enCore Energy Corp.
("
enCore
" or the "
Company
") (NASDAQ: EU) (TSXV: EU), a
domestic uranium producer, has published its 2023 Annual Report, which is now available on the enCore Energy website
at
https://encoreuranium.com/investors/annual-report/
. The Annual Report outlines enCore's business plan, the corporate
objectives for 2024 and evaluates the Company's success in meeting its 2023 objectives.
William M. Sheriff
, Executive Chairman, commented: "enCore has made substantial progress throughout 2023 and I am
proud of the dedication and work by our team to achieve all our objectives, specifically our highest priority 2023 objective
to advance the Rosita Uranium Central Processing Plant into production. And now, within our 2024 objectives, we remain
focused on commencing production at the Alta Mesa Uranium Central Processing Plant. I want to extend a large thank you
to our dedicated staff, esteemed shareholders, capable management team, and valued board of directors. It's through
your collaboration and shared vision that we've made significant strides forward. As we move forward in 2024 and
beyond, we continue to strive to set high goals, achieve them, and continue to conduct ourselves as an industry leader as
America's Clean Energy Company™."
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.
@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
.
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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],
www.encoreuranium.com
CO: enCore Energy Corp.
CNW 07:00e 22-APR-24