enCore Energy Releases Inaugural Sustainability Report
enCore Energy Releases Inaugural Sustainability
Report
NASDAQ:EU
TSXV:EU
www.encoreuranium.com
DALLAS
,
Oct. 21, 2024
/CNW/ -
enCore Energy Corp.
(NASDAQ: EU) (TSXV: EU) (the "
Company
" or
"
enCore"
), a uranium producer and America's Clean Energy Company™, today announced the completion and
release of its inaugural Sustainability Report (the "Report"). The Sustainability Report, completed with support from
Stantec Inc.'s ESG advisory team, includes the Company's achievements for 2023 and plans for 2024 to 2026, and
is available on the Company website at
https:/www.encoreuranium/sustainability.
The Report also includes
highlights and action items from the Greenhouse Gas Study
1
completed by Minviro Inc.
The Report outlines the Company's sustainability initiatives and key measurables and action items demonstrating
enCore's progress as a clean energy producer. Highlights of the Report include:
Completion of the exploratory life cycle assessment of greenhouse gas emissions (Greenhouse Gas Study), in
support of environmental strategy development, at both the Rosita and Alta Mesa In-Situ Recovery Uranium
Central Processing Plants;
Reporting environmental, social, and governance performance across enCore's business;
Completion of the first enCore materiality assessment;
Establishment of enCore's goals, targets, and next steps for priority sustainability topics;
Paul Goranson
, enCore's Chief Executive Officer stated: "It is our honor to share our inaugural Sustainability
Report containing our environmental, social and governance programs and performance for the 2023 fiscal year. In
2023 we successfully achieved our objective of becoming a domestic uranium producer in
the United States
, an
achievement met through intense commitment and dedication of our entire team. As we made the decision to
undertake both our first Sustainability Report and Greenhouse Gas Report, we committed to establishing baseline
information as a producer. We are releasing the Report after taking important actions toward this commitment,
including establishing sustainability priorities, setting realistic and measurable targets, and completing the life cycle
assessment at Rosita and Alta Mesa. While this resulted in a greater amount of time to produce the report, it
allowed us to establish a strong foundation to effectively measure and improve our sustainability progress."
Paul Goranson
continued "In support of our vision and goal to supply a clean and affordable energy source, enCore
must also operate in a manner to reduce greenhouse gas emissions and enhance sustainability. All of this meets a
global commitment to work toward decarbonizing the world with this carbon-free energy product. Simultaneously,
we are committed to implementing action items to improve our operations, ensure the safety and well-being of our
employees and communities while operating within a strong corporate governance model. Our sustainability
achievements are critical to a strong economy and clean environment, and allow us to capitalize on the ever-
increasing momentum for nuclear energy."
About Stantec Inc.
Stantec is a global leader in sustainable engineering, architecture, and environmental consulting. The diverse
perspectives of our partners and interested parties drive us to think beyond what's previously been done on critical
issues like climate change, digital transformation, and future-proofing our cities and infrastructure.
Stantec are designers, engineers, scientists, project managers, and strategic advisors. They innovate at the
intersection of community, creativity, and client relationships to advance communities everywhere, so that together
they can redefine what's possible.
Stantec trades on the TSX and the NYSE under the symbol STN. Visit
Stantec.com
or on social media.
About Minviro Inc.
Minviro is a science-driven consultancy, software, research, and data solutions, established in 2019. They
specialize in Life Cycle Assessment (LCA) and are dedicated to supporting the energy transition by helping
companies in raw materials and technology sectors navigate their sustainability challenges. Operating globally from
offices in
London
,
Perth
, and
Shanghai
, Minviro transforms complex environmental data into actionable insights,
enabling businesses to make informed decisions, comply with regulations, and reduce their environmental impact.
Their team of top-tier scientists and engineers have successfully completed hundreds of projects, including
environmental assessments for mining and innovative studies for the world's leading electric vehicle manufacturers.
Recognized for their industry expertise and commitment to sustainability, Minviro partners with clients to create
lasting value and drive impactful change towards a low carbon economy.
For more information on Minviro please visit:
www.minviro.com
.
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
1
Life Cycle Assessment Study of enCore Energy Corp's Production of Natural
Uranium, Minviro Inc. July 2024
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.
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SOURCE
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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 21-OCT-24