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Encore Energy Announces Completion Of Azarga Uranium Acquisition: Creation Of Top Tier United States Isr Uranium Company

PRIVATEJan 04, 2022

Acquiring Company

enCore Energy Corp

Acquired Company

enCore Energy Corp

DallasDallasOtherEnergyOil And GasMiningOtherEnergyOil And GasMining

Description

enCore Energy Corp. ("enCore") (TSXV: EU) (OTCQB: ENCUF) and Azarga Uranium Corp. ("Azarga Uranium") (TSX:AZZ,OTCQB:AZZUF, FRA:P8AA) are pleased to announce the closing of the previously announced plan of arrangement (the "Arrangement") whereby enCore has acquired all of the outstanding shares of Azarga Uranium. The Arrangement consolidates an industry leading pipeline of exploration and development stage in-situ recovery ("ISR") projects, including two production licenses and focused uranium projects in preferred, permittable United States jurisdictions and resources of approximately 90 million pounds of U3O8 estimated in the measured and indicated categories and 9 million pounds of U3O8 estimated in the inferred category1.

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Company Information

Company

enCore Energy Corp

Location

601 BRICKELL KEY DRIVE

Dallas, Texas, United States

About

enCore Energy Corp. is America's Clean Energy Company™ and a uranium producer committed to providing clean, reliable, and affordable domestic nuclear energy as the newest uranium producer in the United States. The company solely utilizes In-Situ Recovery for uranium extraction, led by industry experts with extensive knowledge and experience in all aspects of ISR uranium operations and the nuclear fuel cycle.

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Frequently asked

Who acquired enCore Energy Corp?

enCore Energy Corp was acquired by enCore Energy Corp, based in Dallas. The deal was reported on January 4, 2022. enCore Energy Corp. is America's Clean Energy Company™ and a uranium producer committed to providing clean, reliable, and affordable domestic nuclear energy as the newest uranium producer in the United States. enCore Energy Corp is privately held and operates in Other.

When did enCore Energy Corp acquire enCore Energy Corp?

enCore Energy Corp's acquisition of enCore Energy Corp was reported on January 4, 2022. enCore Energy Corp. ("enCore") (TSXV: EU) (OTCQB: ENCUF) and Azarga Uranium Corp. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does enCore Energy Corp do?

enCore Energy Corp. is America's Clean Energy Company™ and a uranium producer committed to providing clean, reliable, and affordable domestic nuclear energy as the newest uranium producer in the United States. It is privately held, operating in Other, and is based in Dallas.

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