enCore Energy Transfers to NASDAQ; Continues to Trade Under "EU" Ticker Symbol NYSE American:EU
enCore Energy Transfers to NASDAQ; Continues to Trade Under
"EU" Ticker Symbol
NYSE American:EU
TSXV:EU
December 19, 2023
www.encoreuranium.com
DALLAS, Texas
,
Dec. 19, 2023
/CNW/ -
enCore Energy Corp.
("
enCore
" or the "
Company
") (NYSE American: EU) (TSXV: EU)
announced today that it will transfer its stock exchange listing to the Nasdaq Capital Market from the NYSE American LLC. The Company
shares will continue to trade under the ticker symbol "EU" with expectations that the listing will commence on the Nasdaq Capital Market
("NASDAQ") on
January 2, 2024
. The Company shares 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: "enCore Energy is excited by our NASDAQ listing where we expect to see
improved liquidity and continued growth in our exposure to the world financial markets. We expect a seamless transfer, with uninterrupted
trading, under the same symbol. We also wish to thank the NYSE American and their staff for their support during the past year which has
been a time of tremendous growth and transformation for the 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 Processing Plant ("CPP") in
November 2023
with work underway for a planned restart of uranium production at
its licensed and past-producing South Texas Alta Mesa CPP in 2024. 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. 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.
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.
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. Such forward-looking statements
include statements regarding transfer of listing from NYSE American LLC to Nasdaq Capital Market and timing of such transfer. 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 the
Company to satisfy all listing requirements of Nasdaq; 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 timeliness of Nasdaq approval;
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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For further information:
William M. Sheriff, Executive Chairman, 972-333-2214, [email protected], www.encoreuranium.com
CO: enCore Energy Corp.
CNW 18:24e 19-DEC-23