enCore Energy Corp.

EU

CA29259W7008

Uranium

Market Closed - Toronto S.E. Other stock markets 04:00:00 2024-04-24 pm EDT			5-day change	1st Jan Change
5.99 ^CAD	+1.87%		+5.27%	+14.97%

Apr. 04	EnCore Energy Down 3.1% As it Suspends its At-The-Market Equity Financing Program	MT
Apr. 04	Exchange-Traded Funds, Equity Futures Higher Pre-Bell Thursday Amid Renewed Rate Cut Hopes	MT

EnCore Energy : Announces Uranium Sales Agreement

August 04, 2021 at 08:01 am EDT

TSX.V: EU
OTCQB:ENCUF
www.encoreenergycorp.com

CORPUS CHRISTI, Texas, Aug. 4, 2021 /CNW/ - enCore Energy Corp. (TSXV: EU) (OTCQB: ENCUF) (the "Company") is pleased to announce, as stated in the Company's objective to advance its South Texas uranium facilities towards production, enCore has executed a uranium purchase and sales agreement ("Agreement") with UG USA, Inc. The 5-year Agreement covers 2 million pounds U₃O₈ of produced uranium with significant delivery flexibility for market related pricing.

enCore Energy Corp. Logo (CNW Group/enCore Energy Corp.)

Paul Goranson, enCore Energy Chief Executive Officer said, "We recently provided an update on our South Texas Production Facilities that outlined our production strategy. The uranium sales agreement, immediately secures a customer for a portion of our expected production. The Agreement also allows us to leverage to what we expect will be a significantly improved uranium market. We truly appreciate our relationship with UG USA and are excited to execute our first uranium sales agreement as enCore fulfills its strategy to become America's newest ISR uranium producer."

Within the acquisition of the Westwater Resources Inc. uranium assets from enCore acquired a legacy uranium sales agreement with UG USA, Inc. that was structured for market conditions in 2006. enCore successfully terminated this legacy agreement and committed to a mutually agreed cancellation fee.

UG USA, Inc., a subsidiary of Orano, is an international uranium trading company.

About enCore Energy Corp.

enCore Energy Corp. is a U.S. domestic uranium developer focused on becoming a leading in-situ recovery (ISR) uranium producer. The Company is led by a team of industry experts with extensive knowledge and experience in the development and operations of in situ recovery uranium operations. enCore Energy's opportunities are created from the Company's transformational acquisition of its two South Texas production facilities, the changing global uranium supply/demand outlook and opportunities for industry consolidation. These short-term opportunities are augmented by our strong long term commitment to working with local indigenous communities in New Mexico where the company holds significant uranium resources.

View original content to download multimedia:https://www.prnewswire.com/news-releases/encore-energy-corp-announces-uranium-sales-agreement-301347964.html

SOURCE enCore Energy Corp.

Latest news about enCore Energy Corp.

EnCore Energy Down 3.1% As it Suspends its At-The-Market Equity Financing Program	Apr. 04	MT
Exchange-Traded Funds, Equity Futures Higher Pre-Bell Thursday Amid Renewed Rate Cut Hopes	Apr. 04	MT
EnCore Energy Up 1.25% In US Premarket As Provides Q1 2024 ATM Sales Update, Suspends Equity Offering Program	Apr. 04	MT
EnCore Energy Brief: Providing Q1 2024 ATM Sales Update; Suspending ATM Program	Apr. 04	MT
EnCore Energy Corp. Reports Earnings Results for the Full Year Ended December 31, 2023	Mar. 28	CI
Exchange-Traded Funds, Equity Futures Lower Pre-Bell Friday Ahead of Powell Speech	Mar. 22	MT
EnCore Energy Reports Highest-Grade Drill Results At Alta Mesa Uranium Project	Mar. 18	MT
EnCore Energy Brief: Says Encountered "Highest Grade Drill Results" at Alta Mesa Uranium Project; Provided Status on South Texas Production Operations	Mar. 18	MT
EnCore Energy Corp Announces the Highest Grade Drill Results to Date Since Drilling Activities Restarted from the Alta Mesa Project in South Texas	Mar. 18	CI
EnCore Energy Down 1.1% in Premarket Trade as it Makes First Shipment of Uranium from its Rosita Plant	Mar. 05	MT
EnCore Energy Brief: Announcing First Shipment and Delivery of Uranium; Says Continues to Address Critical Shortage of Domestic Uranium Supply to Fuel Nuclear Energy	Mar. 05	MT
EnCore Energy Corp. Announces First Shipment and Delivery of Uranium	Mar. 05	CI
Exchange-Traded Funds Higher, Equity Futures Lower Pre-Bell Friday as Traders Turn Cautious After Major US Data Releases	Mar. 01	MT
EnCore Energy Rises 3% As Receives US$70 Million From Boss Energy	Feb. 26	MT
EnCore Energy Receives US$70 Million From Boss Energy	Feb. 26	MT
EnCore Energy Brief: Says Completeed US$70 Million Transaction with Boss Energy	Feb. 26	MT
EnCore Energy Corp. announced that it has received $13.512818 million in funding from Boss Energy Limited	Feb. 25	CI
Boss Energy Limited completed the acquisition of 30% ownership interest in Alta Mesa project of enCore.	Feb. 22	CI
EnCore Energy Up 2% In US Pre-Market Trading As Appoints CFO	Feb. 15	MT
EnCore Energy Brief: Appointing Ms. Shona Wilson as Chief Financial Officer	Feb. 15	MT
EnCore Energy Corp. Appoints Shona Wilson as Chief Financial Officer	Feb. 15	CI
EnCore Energy Up 2.3% In US Premarket As Announces Full Conversion of US$20 Million Promissory Note; Zero Debt as Uranium Production Continues in South Texas	Feb. 12	MT
EnCore Energy Brief: Announcing Full Conversion of US $20 Million Promissory Note; Zero Debt as Uranium Production Continues in South Texas	Feb. 12	MT
Encore Energy Initiated at Buy at B.Riley; Price Target Set at US$6.00	Feb. 02	MT
B. Riley Initiates enCore Energy With Buy Rating, $6 Price Target; Notes Robust Pipeline of Growth Projects	Feb. 02	MT

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Company Profile

enCore Energy Corp. is a clean energy company. The Company is engaged in providing clean, reliable, and affordable fuel for nuclear energy as the uranium producer in the United States. The Company is focused on producing domestic uranium in the United States. The Company only utilizes the In-Situ Recovery technology (ISR) to provide necessary fuel for the generation of clean, reliable, and carbon-free nuclear energy. Its projects include Alta Mesa Project, Dewey-Burdock Project, Gas Hills Project, Crownpoint & Hosta Butte Project, Juniper Ridge Project, Aladdin Project, Centennial Project, and others. The Alta Mesa Project is located within a portion of the private land holdings of the Jones Ranch and includes surface and mineral rights as well as oil and gas and other minerals including uranium. The Dewey-Burdock Project is an ISR uranium project located in the Edgemont uranium district in South Dakota. The Gas Hills Project is located in the Gas Hills uranium district.

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Uranium

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2024-04-28 - Precious Metals Summit

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BUY

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5.99 CAD

Average target price

8.463 CAD

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+41.28%

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Sector Uranium Mining

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Uranium Mining

enCore Energy Corp.

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EU

CA29259W7008

Uranium

EnCore Energy : Announces Uranium Sales Agreement

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Sector Uranium Mining