enCore Energy Corp. is pleased to provide an update on material developments affecting the uranium market and its implications for the long-term outlook of the Company’s portfolio of significant U.S. uranium assets. Highlights: About 50% of world mine uranium production has been halted and the spot price of uranium has increased by +30% in less than a month; enCore is well positioned for rising prices with a portfolio of [...]
enCore Energy Corp. announced today that the Company has signed an Letter of Intent with EnviroLeach Technologies Inc. and Golden Predator Mining Corp. to establish Group 11 Technologies Inc , a US-based technology firm focused primarily on non-invasive extraction technology utilizing environmentally-friendly liquids to recover gold and other metals. Group 11’s new proprietary process has been tested on high grade [...]
enCore Energy Corp. is pleased to announce that 18.5 million warrants have been exercised at a price of $0.10 and exchanged into an equal amount of common shares for total gross proceeds of $1.85 million. The Warrants were issued in connection with an equity financing completed on February 15, 2017. Following the exercise of these Warrants, there are currently 159.2 million shares outstanding with 16.3 million warrants [...]
enCore Energy Corp. is pleased to announce that the Company’s shares have been approved for trading on the OTCQB Venture Market in the United States under the symbol ENCUF. The OTCQB is a verified market with efficient access to investors that will enable enCore to increase its shareholder base in key capital markets. In particular, increased exposure to investors in the United States is key to achieving a fair [...]
enCore Energy Corp. has reviewed a memorandum from President Trump in response to an investigation on the current levels of U.S. uranium imports and a request from two petitioners to implement a quota system on the basis of section 232 of the Trade Expansion Act of 1962 . President Trump determined that the legitimate national security concerns from the level of uranium imports did not meet the definitions of section 232 [...]
enCore Energy Corp. is pleased to announce, effective June 1, 2019, that it has appointed Greg Hayes as Chief Financial Officer and Jordan Butler as Executive Vice President. Greg Hayes, Chief Financial Officer, CPA A Chartered Professional Accountant, Mr. Hayes also serves as Chief Financial Officer of Golden Predator Mining Corp. and Taku Gold Corp. He previously served as the Chief Executive Officer for [...]
enCore Energy Corp. is pleased to announce the closing of a private placement for gross proceeds totaling $2,679,881 comprised of 17,865,878 units at a price of $0.15 per Unit. Each Unit consists of one common share and one-half share purchase warrant . Each whole Warrant will entitle the holder to purchase one additional Share at a price of $0.225 for a period of three years from the date of issue of the Warrants. The [...]
enCore Energy Corp. is pleased to announce that it has entered into an agreement with VANE Minerals LLC which grants the Company exclusive access to certain VANE uranium exploration data and information as well as a first right of refusal covering seven of Vane’s current uranium projects in Arizona and Utah. In exchange for this exclusive access and rights, the Company issued 3,000,000 common shares in the capital [...]
Encore has successfully drilled its first horizontal Berea oil well in Lawrence County, Kentucky. Qualified SEC defined accredited investors participating at year-end can deduct 100% of their investment against all forms of income for 2018. BOWLING GREEN, Ky., Nov. 15, 2018 /PRNewswire-PRWeb/ -- Tier I Horizontal Berea oil wells in the productive oil window of Lawrence County have reportedly averaged in the range of ~100 [...]
Encore Energy, Inc. announced today that the Company and its horizontal Berea oil well program in Eastern Kentucky have been “exclusively featured” in an Energy and Mining International magazine article, “Proven Assets.” “We are building a serious production and exploration company, long-term; we’re moving aggressively in the Berea,” said Steve Stengell, Encore’s President [...]
VANCOUVER, British Columbia, March 20, 2018 -- enCore Energy Corp. is pleased to announce that it has completed the acquisition of Metamin US Inc. by way of purchase of shares. As a result of the completion of the acquisition, the Company now holds 100% of the issued and outstanding common stock of Metamin US. In exchange for the stock, the company paid C$55,000 and issued 3,000,000 common shares in the capital of the [...]
VANCOUVER, British Columbia, Feb. 08, 2018 -- enCore Energy Corp. is pleased to announce that it has entered into an agreement with Metamin Enterprises Inc. , a private British Columbia company, to acquire Metamin’s wholly owned subsidiary, Metamin US Inc. , which includes 13,605 acres of prospective uranium mining properties located in the States of Arizona, Utah and Wyoming, USA, along with drill core, geophysical [...]