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.
