UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 6-K
Report of Foreign
Private Issuer
Pursuant to Rule 13a-16 or 15d-16 of
the Securities Exchange Act of 1934
For the month of February 2024
Commission File Number 001-41489
enCore Energy
Corp.
(Translation of registrant’s name into English)
101 N. Shoreline Blvd. Suite 450, Corpus
Christi, TX 78401
(Address of principal executive offices)
Indicate by check mark whether the registrant
files or will file annual reports under cover of Form 20-F or Form 40F:
Form 20-F ☐ Form 40-F ☒
The following documents are being submitted herewith:
SIGNATURES
Pursuant to the requirements of the Securities
Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
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enCore Energy Corp. |
|
(Registrant) |
|
|
Date: February 1,
2024 |
By: |
/s/ Carrie Mierkey |
|
Name: |
Carrie Mierkey |
|
Title: |
Chief Financial Officer |
2
EXHIBIT 99.1
enCore Energy Appoints Chief Legal Officer
DALLAS, Feb. 1, 2024 /CNW/ - enCore Energy Corp.
(NASDAQ: EU) (TSXV: EU) (the "Company" or "enCore"), America's Clean Energy Company™ and a
uranium producer, announced today the appointment of Mr. Robert Willette as Chief Legal Officer.
Mr. Robert Willette, Chief Legal Officer
Mr. Willette is an accomplished general counsel and
business executive with 20+ years of experience managing corporate legal functions for public and privately held entities across a multitude
of sectors, including industrial, manufacturing, transportation, oil & gas, and renewables. He brings with him broad experience in
corporate law and sophisticated commercial transactions, including securities, capital market transactions, mergers and acquisitions (M&As),
divestitures, as well as significant experience in manufacturing, real estate, governance, compliance, intellectual property, and international
operations and transactions. Most recently Mr. Willette served as ProFrac Holding Company's Chief Legal Officer, Chief Compliance Officer
and Corporate Secretary, a multi-billion dollar publicly traded oil and gas services and technology company. Mr. Willette holds a
B.S., an M.B.A., and a J.D. from the University of Kansas.
Executive Chairman William M. Sheriff stated "On
behalf of the Board of Directors, it is a great pleasure to welcome Mr. Willette to the enCore Energy team. Mr. Willette's background
and expertise in mergers and acquisitions is an excellent fit for enCore and his proven success delivering value through growth and commercial
transactions will serve enCore and our shareholders well."
In conjunction with this appointment, the Company
granted Mr. Willette 125,000 common shares in the capital of the Company at a price of $6.25 CDN per share for a five-year period, in
accordance with its Stock Option Plan. Vesting will occur over a period of twenty-four months, with an initial 25% of the Options vesting
six months following the date of grant, followed by an additional 25% of the Options every six months thereafter until fully vested.
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 2024 restart of uranium production at its licensed and past-producing South Texas Alta
Mesa CPP. 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.
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.
The Company advises that it is not basing its production
decisions at Alta Mesa CPP or Rosita CPP on a feasibility study of mineral reserves demonstrating economic and technical viability. The
production decision is based on known past ISR and processing operations at these two production facilities and surrounding lands. However,
the Company understands that there is increased uncertainty, and consequently a higher risk of failure, when production is undertaken
in advance of a feasibility study. The Company has determined to proceed with a production decision based on past operations at the Alta
Mesa CPP and Rosita CPP, including past ISR operations in the known mineral resource areas.
Note on forward looking information: 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.
Such forward-looking statements include statements regarding our planned extraction and production operations. 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.
Forward-looking statements necessarily involve known and unknown risks, including, without limitation, risks associated with general economic
conditions; 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. A number of important factors could cause actual results or events to differ materially from those indicated or implied
by such forward-looking statements, including without limitation access to capital risks, exploration and development risks, changes in
commodity prices, access to skilled mining personnel, the results of exploration and development activities; production risks; uninsured
risks; regulatory risks; defects in title; the availability of materials and equipment, timeliness of government approvals and unanticipated
environmental impacts on operations; litigation risks; risks posed by the economic and political environments in which the Company operates
and intends to operate; increased competition; assumptions regarding market trends and the expected demand and desires for the Company's
products and proposed products; reliance on industry equipment manufacturers, suppliers and others; the failure to adequately protect
intellectual property; the failure to adequately manage future growth; adverse market conditions, the failure to satisfy ongoing regulatory
requirements and factors relating to forward looking statements listed above which include risks as disclosed in the Company's annual
information form filings. 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.
View original content to download multimedia:https://www.prnewswire.com/news-releases/encore-energy-appoints-chief-legal-officer-302050319.html
SOURCE enCore Energy Corp.
View original content to download multimedia: http://www.newswire.ca/en/releases/archive/February2024/01/c9831.html
%CIK: 0001500881
For further information: please contact: William M. Sheriff, Executive
Chairman, 972-333-2214, info@encoreuranium.com, www.encoreuranium.com
CO: enCore Energy Corp.
CNW 07:00e 01-FEB-24
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