enCore Energy Completes Alta Mesa Acquisition; 3rd Licensed In-Situ Recovery Uranium Plant in South Texas

NYSE American:EU


CORPUS CHRISTI, Texas, Feb. 15, 2023 /PRNewswire/ – enCore Energy Corp. (" enCore " or the " Company ") (NYSE American: EU) (TSXV: EU) is pleased to announce the closing of the acquisition of the Alta Mesa In-Situ Recovery uranium project from Energy Fuels Inc. (the " Alta Mesa Acquisition "). The transaction provides enCore with three licensed uranium in-situ recovery (ISR) processing plants and positions 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 fully licensed for production, enCore’s ISR processing facilities have a combined potential processing capacity of 3.6 […]

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