ENCORE ENERGY RECEIVES URANIUM PRODUCTION LICENSE FOR DEWEY BURDOCK, SOUTH DAKOTA

CORPUS CHRISTI, Texas, Feb. 14, 2022 /PRNewswire/ – enCore Energy Corp. (" enCore " or the " Company ") (TSXV: EU) (OTCQB: ENCUF ) is pleased to announce the U.S. Nuclear Regulatory Commission (" NRC ") has accepted the change of control, to enCore, of the Dewey Burdock Source and By-Product Materials License.

Chief Executive Officer Paul Goranson stated "enCore appreciates the speed of the NRC in handling our license transfer from the Azarga acquisition. This license, issued in 2014 by the NRC, authorizes the production of uranium using in-situ recovery technologies at the Company’s Dewey-Burdock Project located in South Dakota, a key component in enCore Energy’s mid and long term production objective. Our immediate production focus remains our South Texas Rosita ISR uranium project, now under development, with a planned production date of 2023.

The Company also announces that it has granted incentive stock options (the "Options") to certain of […]

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