or to U.S. Newswire Services enCore Energy Enters into Controlled Equity Offering Sales Agreement
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NEWS RELEASE
NASDAQ: EU
TSXV: EU
August 13, 2026
www.encoreuranium.com
Not for distribution in the United States or to U.S. Newswire Services
enCore Energy Enters into Controlled Equity Offering Sales Agreement
DALLAS, August 13, 2026 – enCore Energy Corp. (NASDAQ: EU) (TSXV: EU) (“enCore” or the
“Company”), America’s Clean Energy Company TM, announced today that pursuant to a Canadian
prospectus supplement dated August 13, 2026, to the Company's Canadian short form base shelf
prospectus dated July 6, 2026 (together, the “Canadian Prospectus”), and a United States
prospectus supplement dated August 13, 2026, to the Company's United States base prospectus
included in its U.S. registration statement on Form S -3 filed with the U.S. Securities and Exchange
Commission (the “SEC”) and declared effective on July 1, 2026 (together, the “U.S. Prospectus”), it
has entered into a Controlled Equity Offering SM Sales Agreement (the “Sales Agreement”) dated
August 13, 2026, with a syndicate led by Cantor Fitzgerald Canada Corporation and Cantor Fitzgerald
& Co., for an at-the-market distribution of common shares of the Company (“Common Shares”) of
up to US$250,000,000 (the "ATM Program"), which may be offered from time to time , at the market
prices prevailing at the time of sale, directly through the TSX Venture Exchange, The Nasdaq Capital
Market, LLC, or other marketplace in Canada or the United States where the Common Shares may
be traded, and, as a result, prices at which the Common Shares are sold may vary among purchasers
and during the period of any distribution . Any distribution of common shares would be made in
Canada pursuant to the Canadian Prospectus and in the United States pursuant to the U.S.
Prospectus.
The Company intends to use the net proceeds, if any, raised from the ATM Program for possible future
acquisitions, other strategic growth opportunities and general corporate purposes.
Potential investors should read the Canadian Prospectus or U.S. Prospectus, as applicable, for more
information about the ATM Program. Copies of the Canadian Prospectus, U.S. Prospectus, and the
Sales Agreement are available on SEDAR+ (http://www.sedarplus.ca) and on the SEC's website
(http://www.sec.gov), respectively. Potential investors can request copies of the Canadian
Prospectus, U.S. Prospectus, and the Sales Agreement, as applicable, from the lead sales agents by
contacting:
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(i) in Canada, Cantor Fitzgerald Canada Corporation, Attention: Equity Capital Markets,
181 University Avenue, Suite 1500, Toronto, Ontario, Canada M5H 3M7, or by email at
(ii) in the United States , Cantor Fitzgerald & Co., Attention: Capital Markets, 110 East
59th Street, 6th Floor, New York, New York 10022, or by email
This press release does not constitute an offer to sell or the solicitation of any offer to buy securities,
nor will there be any sale of the securities, in any jurisdiction in which such offer, solicitation or sale
would be unlawful prior to registration or qualification under the securities laws of any such
jurisdiction.
About enCore Energy Corp.
enCore Energy Corp., America’s Clean Energy Company™, is committed to providing clean, reliable,
and affordable uranium to fuel the rapidly expanding U.S. nuclear energy needs. enCore’s team is
led by industry experts with extensive knowledge and experience in all aspects of uranium ISR
operations and the nuclear fuel cycle. enCore exclusively uses ISR for uranium extraction, a
minimally invasive, eco -friendly, and economically competitive mineral extraction technology co -
developed by enCore’s leadership.
Building on enCore’s demonstrated and continuing success in South Texas, future projects in
enCore’s planned project pipeline include the expansion of Alta Mesa to include the Alta Mesa East
property, the Dewey Burdock project in South Dakota, and the Gas Hills project in Wyoming. The
Company holds other assets, including non -core assets and proprietary databases. enCore is
committed to working with local communities and indigenous governments to create positive
impacts from corporate projects.
Contact:
William M. Sheriff
Executive Chair
972.333.2214
www.encoreuranium.com
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of
the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this press release.
Cautionary Note Regarding Forward-Looking Statements:
This press release contains “forward-looking statements” within the meaning of Canadian securities
laws and the U.S. Private Securities Litigation Reform Act of 1995. Forward -looking statements can
often be identified by words such as “expects,” “plans,” “ believes,” “intends,” “potential,” “will,”
and similar expressions.
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These statements include, but are not limited to: the proposed offer and sale of common shares
under the at -the-market (ATM) offering on the TSXV and Nasdaq pursuant to the Sales Agreement
entered into by the Company and the prospectus supplements filed in Canada and the U.S.; the
timing, volume, gross proceeds, and intended use of proceeds from any such sales; obtaining
required stock exchange approvals; and the Company’s operational goals regarding ISR operations,
production capacity, and strategic initiatives.
Forward-looking statements are not guarantees of future performance and are subject to known and
unknown risks and uncertainties. Factors that could cause actual results to differ materially include:
market price volatility; shareholder dilution; market de mand; broad discretion over the use of
proceeds; stock exchange approval risks; operational, development, and permitting risks; uranium
market trends; and other risks detailed in the filed prospectus supplements and the Company’s
filings on the SEC (www.sec.gov) and SEDAR+ (www.sedarplus.ca).
Readers should not place undue reliance on these forward-looking statements, which speak only as
of the date hereof. The Company undertakes no obligation to update any forward -looking
statements, except as required by law. All forward -looking statements in this release are expressly
qualified by this cautionary statement.