/NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR DISSEMINATION IN THE UNITED STATES/
FUELING THE FUTURE IN THE UNITED STATES
CORPUS CHRISTI, Texas, Nov. 14, 2022 /CNW/ – enCore Energy Corp. (TSXV: EU) (OTCQB: ENCUF) (" enCore ") is pleased to announce that it has entered into a definitive agreement (the " Agreement ") to acquire the Alta Mesa In-Situ Recovery (" ISR ") uranium project (" Alta Mesa ") from Energy Fuels Inc. (the " Transaction ") for total consideration of US$120 million (the " Consideration "). The Transaction will position enCore as a leading US-focused ISR uranium company with the proven management expertise required to advance multiple production opportunities within its portfolio.
Transaction Highlights Alta Mesa includes a fully-licensed and constructed ISR processing facility that has an operating capacity of 1.5 million pounds of uranium per year. Between Alta Mesa, Rosita and Kingsville Dome, all […]
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