Encore Energy Announces Acquisition Of Proprietary Pfn Technology, Equipment And Global Licensing Rights
Acquiring Company
enCore Energy Corp
Acquired Company
PFN TechnologyEquipment
DallasOtherEnergyOil And GasMiningDescription
enCore Energy Corp. (NYSE: EU) (TSXV: EU) (the "Company" or "enCore") announced today the acquisition of all of the proprietary Prompt Fission Neutron ("PFN") technology and equipment, including related exclusive intellectual property, and global licensing rights from Energy Fuels Resources (USA) Inc. ("Energy Fuels"), a wholly owned subsidiary of Energy Fuels, Inc. The use and ownership of PFN technology provides enCore with a clear competitive advantage by providing close to real time assays for uranium that cannot be achieved using conventional coring and assay methods. This technology is unavailable to many other uranium exploration and development companies.
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Frequently asked
Who acquired PFN TechnologyEquipment?
PFN TechnologyEquipment was acquired by enCore Energy Corp, based in Dallas. The deal was reported on May 8, 2023. 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 PFN TechnologyEquipment?
enCore Energy Corp's acquisition of PFN TechnologyEquipment was reported on May 8, 2023. enCore Energy Corp. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does PFN TechnologyEquipment do?
PFNetwork offers precision technologies for Digital Tracking of Agricultural Activities, facilitating the transition to more sustainable production. It is privately held.
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