TSX.V:
EU
OTCQB:ENCUF
www.encoreenergycorp.com
CORPUS CHRISTI, Texas,
Aug. 4, 2021 /CNW/ - enCore
Energy Corp. (TSXV: EU) (OTCQB: ENCUF) (the "Company")
announces, for greater clarity, as stated in the
August 4, 2021 news release, the
Company's objective is to advance its South Texas uranium facilities towards
production and as such has executed a uranium sales agreement. The
Agreement covers a total of 2 million pounds
U3O8 at market related prices over a 5-year
period starting in 2023.
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.
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SOURCE enCore Energy Corp.