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enCore Energy Corp. (ENCUF) is a U.S. leader in environmentally responsible uranium production, leveraging proprietary In-Situ Recovery technology across its Texas-based facilities. This page provides investors and industry stakeholders with timely updates on operational milestones, regulatory developments, and strategic initiatives driving America's nuclear energy future.
Access comprehensive coverage of production expansions, technology innovations, and partnership announcements, including recent developments in South Texas and the Wyoming-South Dakota region. Our curated news feed serves as your primary source for understanding ENCUF's role in meeting growing domestic uranium demand through sustainable extraction methods.
Key updates include facility operational status, resource consolidation efforts, and market positioning within the clean energy sector. All content is verified through official channels to ensure accuracy and relevance for both institutional and individual investors.
Bookmark this page for direct access to enCore Energy's latest corporate communications and industry analyses. Check regularly for updates demonstrating the company's commitment to advancing American energy independence through nuclear fuel production.
enCore Energy Corp. has successfully completed its acquisition of Azarga Uranium Corp., establishing a top-tier in-situ recovery (ISR) uranium company in the U.S. The deal consolidates a strong project pipeline with approximately 90 million pounds of U3O8 in measured and indicated categories and 9 million pounds in inferred. This acquisition follows enCore's strategy to enhance ISR production capabilities, with assets including the Rosita and Kingsville facilities in Texas, and key projects in South Dakota and Wyoming. The transaction is seen as a significant step towards industry consolidation.
enCore Energy Corp. has successfully closed its acquisition of Azarga Uranium Corp., completing a strategic plan of arrangement. This deal consolidates an industry-leading pipeline of in-situ recovery (ISR) uranium projects, including two production licenses and substantial uranium resources totaling approximately 90 million pounds of U3O8. The acquisition enhances enCore's production capabilities, particularly in Texas and South Dakota, and is part of an aggressive M&A strategy to establish enCore as a leading U.S. ISR uranium producer.
enCore Energy Corp. (OTCQB: ENCUF) and Azarga Uranium Corp. (OTCQB: AZZUF) announced the approval of a plan of arrangement by the Supreme Court of British Columbia. This arrangement allows enCore to acquire all outstanding shares of Azarga. The closing is anticipated on December 31, 2021, pending customary closing conditions and final stock exchange approval. Both companies will retain their current management teams post-acquisition, which aims to consolidate assets and enhance growth opportunities in the uranium sector.
enCore Energy Corp. and Azarga Uranium Corp. have received final court approval from the Supreme Court of British Columbia for their plan of arrangement. This arrangement allows enCore to acquire all outstanding common shares of Azarga Uranium. The closing is anticipated by December 31, 2021, pending customary conditions and stock exchange approval. Both companies' management teams will remain unchanged post-transaction. Azarga controls ten uranium projects in the U.S., focusing on the Dewey Burdock Project, which is poised for development pending necessary regulatory approvals.
enCore Energy Corp. and Azarga Uranium Corp. have announced a significant uranium purchase agreement with a Fortune 150 U.S. utility, marking enCore's second such deal. This four-year agreement, starting in 2024, covers up to 1.3 million pounds of U3O8 at a ceiling price above the current uranium spot market price. Following Azarga's shareholder approval for the acquisition by enCore, regulatory approvals are anticipated by December 28, 2021.
enCore Energy Corp. provides updates on the modernization of the Rosita Central Processing Plant in South Texas, projected for completion in Q2 2022. The project's budget is under US$1 million and is currently 50% complete. Additionally, a 50-hole drilling program at the new Rosita Extension has commenced. enCore and Azarga Uranium are progressing on a plan of arrangement following a 99% shareholder approval, pending necessary regulatory approvals. CEO Paul Goranson emphasizes the company's strategy and on-schedule progress to become a leading ISR uranium producer in the U.S.
enCore Energy Corp and Azarga Uranium Corp announced advancements in the modernization of the Rosita Central Processing Plant in South Texas, projected for completion in Q2/2022. The ongoing development drilling at the Rosita Extension has begun, with a focus on enhancing mineral interpretation for wellfield design, aiming for production activities to commence in 2023. The companies are also moving forward with a plan of arrangement following a 99% shareholder approval from Azarga, seeking necessary regulatory approvals to finalize the transaction.
enCore Energy Corp. announces that 99.8% of Azarga Uranium Corp. shareholders approved a Plan of Arrangement previously proposed on September 7, 2021. The upcoming court hearing for final approval is set for November 19, 2021. Upon completion, this merger will position enCore as a leading in-situ recovery uranium company in the U.S., with two licensed production plants and over 90 million pounds of compliant uranium resources across several states. Azarga shareholders will receive 0.375 common shares of enCore for each share held, subject to an adjustment mechanism.
Azarga Uranium Corp. has announced that 99.8% of its shareholders approved a Plan of Arrangement with enCore Energy Corp.. This transaction involves shareholders receiving 0.375 shares of enCore for each share of Azarga. The final court hearing is scheduled for November 19, 2021, and the completion of the arrangement is subject to regulatory approvals. The exchange ratio could be adjusted based on enCore's stock performance, but will not exceed 0.49 shares. The company operates multiple uranium projects in the USA, with a focus on in-situ recovery.
enCore Energy and Azarga Uranium announced an agreement for enCore to acquire all outstanding Azarga shares through a court-approved plan. Azarga shareholders will receive 0.375 enCore shares for each Azarga share, implying a value of $0.71 per Azarga share. The deal will create a leading American uranium in-situ recovery company with multiple projects in South Texas and South Dakota. A shareholder vote is scheduled for November 16, 2021, with a circular mailed by October 26. Closing is subject to regulatory approvals.
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