NYSE American:EU
TSXV:EU
www.encoreuranium.com
DALLAS, Dec. 21,
2023 /CNW/ - enCore Energy Corp.
("enCore" or the "Company") (NYSE American: EU)
(TSXV: EU) announced today the resignation of Ms. Mierkey, Chief
Financial Officer ("CFO") effective December
23, 2023. Dr. Dennis Stover has agreed to act as
Interim CFO until the conclusion of a CFO search. A CFO search
committee consisting of Chief Executive Officer Paul Goranson, Executive Chairman William Sheriff and Audit Committee Chair
William Harris has been formed and
is well advanced in the efforts to select a new CFO.
![enCore Energy Corp. logo (CNW Group/enCore Energy Corp.) enCore Energy Corp. logo (CNW Group/enCore Energy Corp.)](https://mma.prnewswire.com/media/2306639/enCore_Energy_Corp__enCore_Energy_Announces_Change_of_Chief_Fina.jpg)
enCore Energy's Audit Committee Chair, William Harris, stated: "On behalf of the Board
and management we extend our thanks to Ms. Meirkey for her work
during a period of significant growth and transformation of the
Company. A CFO search is well underway and is based on the
Company's growth model. The interim appointment of Dr. Dennis Stover, a Director and former CEO of the
company, allows the Audit Committee to maintain its role as
independent members of the Board and oversee the financial affairs
of the Company."
enCore Energy wishes Ms. Meirkey well in her future
endeavors.
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 Processing Plant ("CPP") in November 2023 with work underway for a planned
restart of uranium production at its licensed and past-producing
South Texas Alta Mesa CPP in 2024. enCore solely utilizes In-Situ
Recovery ("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 non-invasive process using natural
groundwater and oxygen, coupled with a proven ion exchange process,
to recover the uranium. 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.
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.
www.encoreuranium.com
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.
Cautionary Note Regarding Forward
Looking Statements:
Certain information contained in this news release,
including: any information relating to the Company being a leading
uranium company, statements regarding future or potential
production, 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.
All such forward-looking statements are subject to important risk
factors and uncertainties, many of which are beyond the company's
ability to control or predict. A number of important factors could
cause actual results or events to differ materially from those
indicated or implied by such forward-looking statements. Should one
or more of these risks materialize, or should assumptions
underlying the forward-looking statements prove incorrect, actual
results may vary materially from those described herein as
intended, planned, anticipated, believed, estimated or expected.
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.
Forward-looking statements are provided for the purpose of
providing information about the current expectations, beliefs and
plans of management. Such statements may not be appropriate for
other purposes and readers should not place undue reliance on these
forward-looking statements, that speak only as of the date hereof,
as there can be no assurance that the plans, intentions or
expectations upon which they are based will occur. Such
information, although considered reasonable by management at the
time of preparation, may prove to be incorrect and actual results
may differ materially from those anticipated. Forward-looking
statements contained in this news release are expressly qualified
by this cautionary statement.
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SOURCE enCore Energy Corp.