enCore Energy Secures Second Uranium Purchase Agreement; enCore Energy and Azarga Uranium Provide Plan of Arrangement Update

enCore Energy Secures Second Uranium Purchase Agreement; enCore Energy and Azarga Uranium Provide Plan of Arrangement Update

VANCOUVER, BC, Dec. 13, 2021 /CNW/ – enCore Energy Corp. (TSXV: EU ); (OTCQB: ENCUF) ("enCore") and Azarga Uranium Corp. (TSX: AZZ ), (OTCQB: AZZUF), (FRA: P8AA) ("Azarga Uranium") are pleased to announce that enCore, a leading United States ("US") in-situ recovery ("ISR") uranium development company, has secured a second uranium purchase agreement with a Fortune 150 United States utility. enCore’s business strategy is focused on advancing clean energy production, through the application of ISR in the US, and is advancing its South Texas uranium processing facility towards production. The uranium purchase agreement, which represents the second purchase agreement executed by enCore, is a four-year agreement commencing in 2024, and it covers up to 1.3 million pounds U 3 O 8 based on market pricing with a ceiling price significantly higher than the current uranium spot market price. Azarga Uranium Corp. Logo (CNW Group/enCore Energy Corp.) Paul Goranson, enCore […]

About the author: StockMan

Please remember:

The information provided here is for general knowledge and educational purposes only.
It is not intended to be a substitute for professional financial advice.
Every individual's financial situation is unique, and what works for one person may not work for another.
Before making any investment or financial decisions, you should always consult with a qualified financial advisor who understands your specific circumstances and goals.

Any information posted on the website has been prepared without taking into account your objectives, financial situation or needs and as such, should never be acted upon. Please be aware that any information posted on this site should not be considered to be financial advice and i am not a financial advisor.

Posting Guidelines
Do
  • Do contribute something to the discussion
  • Do post factual information, analysis and your view on company valuations
  • Do disclose if you have an interest in a security
  • Do take our Terms of Use seriously
Do Not
  • Do not make low-content posts, unsubstantiated ramps or untruthful/misleading statements
  • Do not complain about a post unless you have reported it first, and not on the forum.
  • Do not post financial advice
  • Do not advertise or post sponsored content

Get involved!

Get Connected!

Come and join our community. Expand your network and get to know new people!

Comments

No comments yet